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EXHIBIT 3 <br />compensating City an amount equal to the current fair market value of the equipment less <br />the percentage of non-CDBG Funds used 10 acquire the equipment_ <br />l 1.13 Other Prot ram Requirements. Developer shalt carry out each activity in <br />compliance with all federal laws and regulations described in subpait K of 24 Ch R part <br />570, except that Developer does not assume Cily's responsibilities for environmental <br />rcvicw in 24 CFR 570_604 and 24 CFR 570.200, or the intergovcrimmital rcvicw process <br />in 24 CFR 570.612 and 24 CFR part 52. <br />I I J4 Procurement. Developer will comply with the procurement standards <br />under 2 CFR Section. 200 117-200.326. Participant shall comply with all applicable <br />existing and future City policies concerting the purchase of equipment. <br />1 1 .I 5 Request for Disbursements of Funds. Notwithstanding anything <br />contained in this Agreement to the contrary. Developer may not request disbursemenls of <br />fluids under this Agreement until the funds are needed for payment of eligible costs (such <br />funds ,hall be used solely towards the. acquisition and rchabilitarion of the Properry). The <br />amount of each request shall be limited to the amount needed. <br />1 I .I () Allowable Costs and Audits. Developer shall use CDBG Funds to pay <br />costs delined as "eligible costs" pursuant to 2 CFR part 200 — Subpart F._ Developer shall <br />comply with and administer the Project and Program in accordance with the requn crncnts <br />of 2 CI-R part 200. <br />11.1 7 Records kind Reports. Developer shall maintain and from time to Lime <br />submit to City such records, reports and infirrmation as the Executive Director may <br />reasonably require in order to permit City to meet the record keeping and reporting <br />requirements required of it pursuant to 24 CFR 570.506. <br />11.1 R Uniform Adnrinislrative Itcquirements, Cost I'rinciules, and Audi[ <br />Requirements for Federal Awards. Developer shall comply with the Unitorm <br />Administrative Regnirentents of 24 CFR 570.502 and the requirements and standards oft <br />CPR part 200. <br />1 1. 19 Political Activity. Developer is prohibited from using CDRG Funds to <br />finance the use of ftcililies or equipment for polilical purposes or to engage in other <br />partisan political activities, such as sponsoring candidate forums, distributing brochures, <br />voter uarrsportation, or voterrcgistration (24 CFR 570207(a)(3). <br />1120 Anti -Lobbying Certification. By its execution of the Agreement, <br />Developer hereby certifies that: <br />(a) No Federal appropriated funds have been paid or will be paid, by or <br />on behalf of it, to any person for influcncing or attempting to <br />intlucnee an office' or employee of any agency, a Member of <br />Congress, an officer or employee ol'Congress, or an employee of a <br />Member of Congress in connection with the awarding of any Federal <br />contract, the malting of anyFcdcral grant, ncc making ofairy Fcdcral <br />City Council -),� 21 — 32 4/20/2021 <br />