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additions to the ARPA or SLFRF regulations or requirements that would be applicable to the Grant <br />Program. <br />5. REPAYMENT OF GRANT FUNDS <br />a. if GRANTEE does not use the SLFRF fimds as required pursuant to this <br />Agreement, then GRANTEE must repay the Grant award back to CITY. <br />b. If GRANTEE ceases operations before the end of the Grant Term, <br />GRANTEE must notify CITY immediately, complete all reporting <br />requirements, and repay any unused portion of the Grant to CITY within <br />thirty (30) days of business closure. <br />C. If GRANTEE has received, or receives after time of application, other relief <br />funding to cover duplicate operating expenses, GRANTEE must repay the Grant <br />amount to CITY. <br />6. RECORDS <br />GRANTEE shall keep all records, financial or otherwise, relating to use of Grant funds <br />received pursuant to this Agreement for at least five (5) calendar years following receipt of such <br />funds. CITY shall at any reasonable time have the right of access to and right to review or audit <br />any and all such records pertinent to the administration and operation of the Grant and that said <br />records shall be maintained in a manner to facilitate such reviews and audits. <br />7. GRANT PROGRAM REQUIREMENTS <br />a. GRANTEE acknowledges that the source of funding for said program is the federal <br />ARPA, and that payments from the SLFRF fund are only to be used to make necessary <br />expenditures incurred due to the negative economic impacts with respect to the <br />COVID-19 pandemic. <br />b. GRANTEE acknowledges that ARPA provisions allow the use of SLFRF funds for <br />expenses associated with the provision of economic support in connection with the <br />COVID-19 public health emergency, such as expenditures related to the provision of <br />grants from local government to provide nonprofits with decreased revenue <br />assistance, and will not use these funds for any other uses. <br />C. GRANTEE shall remain compliant with all applicable laws, including ARPA section <br />602, regulations adopted by the Treasury pursuant to ARPA section 602(f), and <br />guidance issued by the Treasury regarding the foregoing. GRANTEE also agrees to <br />comply with all other applicable federal statutes, regulations, and executive orders. <br />