PARKS, RECREATION AND COMMUNITY SERVICES AGENCY (3)

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D. Allowble Costs SUBRECIPIgNT agrees to complete said program on or before June 30, 2022, and to use said funds to pay for necessary and reasonable costs allowable under the federal law and regulations to operate said program, Said amounts shall include, but not be lintited to, wages, administrative costs, and employee benefits comparable to other similarly situated employees, and 'Wages, costs. Other allowable program costs are detailed in the budget, as set forth in "Exhibit B," attached hereto and by this reference incorporated herein. SUBRECIPIENT shall use all income received from said funds cnly for same purposes for which said funds may be expended pursuant to the tonne and conditions of thithes. Agreement. SUBRECIPIENT has, the ability to adjust line item amounts in the budget with the written approval of the CiTy's Executive Director of the Community Development Agency, or designee, so long as the total budget amount does not increase. Pursuant to 2 CFR §200,331(a)(4), the Indirect Cost Rate for the SUBRECIpiENT's aw d shall. be approved federally recognized indirect cost rate nti Federal negotiated between the SUBRECIPIENT and the al government, or, if no such rate exists, the de minimis indirect cost rate as defined in 2 CFR §200.414(b) Indirect' (F&A) costs, For this agreement, the do minus indireet. cast rate of lU%will apply, E. LiceVrigs SUBRBCIPII?N T a registrations, acereditaCion and inspections from all agenciesbtain and governing is operations. trequired licenses, shall ensure that its staff shall also obtain and maintain all required licenses, regiSUBRECIPIENT BreRdita one d inspections fiorn all agencies governing SUBRECIPIENT's operations hereunder, re<uirements include obtaining a Chybusiness license as applicable, Such licensing F, Zoaing; SUBREGIPIBNT agrees that any facilitylproperty used in furtherance of said Program shall be specifically zoned and permitted for such use(s) and activity(les). Sh fail to have the required land entitlement and/or permits, thus viould SUBRECIPIE a olating airy local, stake or federal rules and regulations relating thereto, SUBRECIPIENT shall immediately make good -faith efforts tcgain compliance with local, state or federal rules and regulations following written notification of said violation(s) gain from the CITY or other authorized citing agency. SUBRECIPIENT shall notify CITY inun id viola io any pending violations. Failure to notify CITY ofpendingviolations, or to remedy such known ediately O shall result in termination of grant funding hereunder: SUBRECIPIENT must make all corrections required to bring the facility/property into Compliance with the law within sixty (60) days of notification of the violation(s); failure to gain compliance within such time shall result in termination of grant funding hereunder, G. ScMationAccounts. Ali funds received by SUBRECIPIENT Agreement shall be maintained in an account in a federally insured banking or savings furn and loan antttoti is Pursuant to this with record keeping of such accounts maintained pursuant to applicable 2 CFR 200.302 requirements. SUBRECIPIENT is not required to maintain separate depository accounts for CDBG FUNDS; provided however, the SUBRECIPIENT must be able to account for receipt, obligation and expenditure of CDBG FUNDS pursuant to applicable 2 CFR 200.302 requirements. H. Audit Report Rents SUBRECIPIENT agrees that if SUBRECIPIENT ex Seven hundred Fn1Iy Thousand Dollars ($750,000) or more in federal funds, SUBRECIp expends annual audit conducted by a certified public accountant in accordance with the standards aas set forth anan d published by the United States Office of Management and Budget. SUBRECIPIENT shall provide CI Y with a copy of said audit by April 1 of the year following the program Year in which this Agreement is executed.