Laserfiche WebLink
<br />, <br /> <br />COpy <br /> <br />A-2005-198 <br /> <br />AMENDMENT TO 1999 EMPOWERMENT ZONE PLANNING AND <br />IMPLEMENTATION GRANT NO. EZ-99-CA-000l <br /> <br />This Amendment is to the Grant Agreement dated June 11, 1999, Grant Number <br />EZ-99-CA-000l, between the United States Department of Housing and Urban Development <br />(HUD) and the State of California; and the City of Santa Ana, California ("Nominating <br />Entities"). <br /> <br />Whereas HUD' s Appropriation for Fiscal Year 2005 provides an additional <br />$9,920,000.00 for grants in connection with the second round of Empowerment Zones program <br />in urban areas designated by the Secretary in 1999 pursuant to the Taxpayer Relief Act of 1997. <br />This appropriation includes $661,333 "for each Empowerment Zone for use in conjunction <br />with economic development activities consistent with the strategic plan of each <br />empowerment zone." <br /> <br />In reliance upon and in consideration ofthe mutual representations and obligations herein <br />contained, the Grant Agreement for 1999 Empowerment Zone Planning and Implementation <br />Grant No. EZ-99-CA-000l, between HUD and the named Nominating Entities is hereby <br />amended to include the following revisions: <br /> <br />1. The third paragraph is amended to include the following new provision: <br /> <br />In addition to amounts previously provided, and subject to the provisions ofthe <br />Grant Agreement, HUD will make additional grant funds in the amount of$661,333 <br />available to the EZ. These monies must be drawn down from LOCCS by Sept. 30, 2010. <br /> <br />2. ARTICLE I, PARAGRAPH D, is revised to read: <br /> <br />Except as expressly provided herein, the Nominating Entities and governmental <br />subrecipients shall comply with the requirements and standards of OMB Circular No. A- <br />87, "Cost Principles for State, Local, and Indian Tribal Governments"; and 24 CFR part <br />85 "Uniform Administrative Requirements for Grants and Cooperative Agreements to <br />State and Local Governments." Subrecipients that are not governmental entities shall <br />comply with the requirements and standards ofOMB Circular No. A-122, "Cost <br />Principles for Non-profit Organizations," or OMB Circular No. A-21, "Cost Principles <br />for Educational Institutions," (as applicable) and 24 CFR part 84, "Uniform <br />Administrative Requirements for Grants and Agreements With Institutions of Higher <br />Education, Hospitals and Other Non-Profit Organizations." <br /> <br />All program income earned during the grant period shall be retained by the <br />Nominating Entities. In accordance with 24 CFR 85.25(g)(2), the Nominating Entities <br />are authorized to add program income to the funds awarded by HUD and to use the <br />program income under the same terms and conditions oftms Grant Agreement. In <br />accordance with 24 CFR 85.25(h), there will be no Federal requirements governing the <br />disposition of program income after the end of the grant period. <br />