1975-01 HA - Laserfiche WebLink

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. . . . '. . '. 1.5. 1.6. 1.7. , -.- -. . . . : ,~ . " . . " . " . '. '. ------.---.. . Term of This ACC. The term of this ACC with recpect to the Project sh:Ül T,ë four years begin,-,i11g with the! Date of Execution; Provided, hOHever, that this ACC shall continue in effect for one additional year with respect to nousing Assistance Payments Contracts enter~d into at any time during the four year period. Federal and Local Government Approvals. (a) this ACC and the undertnking by the the Annual Contributions as herein provided approved on List No. SF-75-o68 for Annual Contracts. The making of Government of has been duly Contributions The governing body of the locality in which the d'~elling units are to be located has approved,the application of Section 23 of the Act to the locality, by resolution or ordi~1ance duly adopted on , 19_. E,¡tif.late of Recuired Annur.l Contributj.ons. (b) (a) At or about the date of execution of this ACC, the Local' Authority shall submit an Initial Estim:lte of Required Annual Contributions (Prelimin~ry Costs) and an ,\nnu~l Estimate of Required Annual Contributions. These forms cover the estimated amounts ror the costs of nonexpendable equipment, administration, security and utility peposits, and housing assj,stance payments. (b) Not earlier than 150 and not later than 90 days prior to the beginning of each subsequent Fiscal Year, the Local Authority shall suhmit an ,\nnual Esti=te of Required Annual Contribu- tions with supporting documentation for any requested changes in the "",ount of housing asr.IsLance payments or the allowance for the cost of administration. (c) Any of: the above Estimates may be revised to reflect changes in circumstances and aVailable data. (d) All Estimates of Required f~nual Contributions and . revisions thereto s~bmitted by the Local Authority be'subject to Government approval. any shall 4 .. /, ,,' ." t.~' . . . " " , , ,. , ~