WISE PLACE - 2008 - Laserfiche WebLink

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sos obl i gated to perform such duti es as woul d normal I y extend beyond the term, i nd udi ng but not I i mi ted to obl i gati ons wi th respect to i ndemnifi cati on, audi ts, reporti ng, data retenti on/reporti ng, and accounting. C. Use of Funds, SUBRECIR ENT agrees to use al I federal funds provided by CITY to SUBRECIPI ENT pursuant to this Agreement to operate said program, as set forth in "Exhibit B", attached hereto and by this reference incorporated here n. SUBRECI R ENT'S failure to perform as required may, in addition to other remedies set forth in this Agreeme t, result in readjustment of the amount of funds CITY is otherwise obligated to pay to SUBRECI RENT under Paragraph 11 hereof. D. Allowable Costs SUBRECI PI ENT agrees to complete said program on or before June 30, 2009 and to use sai d funds to pay for necessary and reasonabl a costs ai I owabl a under the federal I aw and regul ati ons to operate said program. Said amounts shat I i nd ude; but not be I i mi ted to, wages, administrative eostA and employee benefits comparable to other similarly situated employees Other al I owable program costs are detai led in the Budget, as set forth i n "Exhi bit B", attached hereto and by this reference i noorporated herei n. SUBRECI PI ENT sinal I use al I i noome received from said funds only for the same purposes for which said funds may be expended pursuant to the terms and condi ti ons of thi sAgreemeht. E. Licensing. SUBRECI PI ENT agrees to obtain and maintain all required licenses, registrations, accreditation and i nspecti ons from all agencies governing its operab ons. SU BRECI R ENT shall ensure that its staff shall also obtain and maintain all required I i oenses, regi strations, accreditation and i nspecti ons from all agencies governing SUBRECI PI ENTs opera6 ons hereunder. Such I i censi ng requi re menu i nd ude obtai ni ng a City busi ness I ioense, as appl i cable F. Zoning. SUBRECI R ENT agrees that any facility/property used in furtherance of said program shall be specifically zoned and permitted for such use(s) and activity(ies). Should SU BRECI PI ENT fail to have the requi red land entitlement and/or permits, thus vi olating arty local, state or federal rules and regulations relating thereto, SUBRECI PI ENT shall immediately make good -faith efforts to gain compliance with local, state or federal rules and regul ati ons fol I owi ng written notification of said violation(s) from the CITY or other authorized citing agency. SUBRECI PI ENT shall notify CITY immediately of any pending vi olati ons, FaiI ure to notify CITY of pending vi of ati ons, or to remedy such known vi olati on(s) shall result in termination of grant funding hereuncler. SU BRECI PI ENT must make ail corrections required to bring the faci I i ty/property into compl i anee with the law within sixty (60) clays of notification of the vi d ad on(s); fai I ure to gai n oompi iance with n such ti me shat I result i n term nation of grant fundi ng hereunder. G. Separation of Accounts All funds received by SUBRECIRENT from CITY pursuant to this Agreement shall be maintained in an account in a federally insured banking or savi ngs and I can i nsti tub on with record keepi ng of such accouft rr6 ntai ned pursuant to 44 i cable OMB Circular A-110 requirements SUBRECI PI ENT is not required to maintain separate depository accounts for CDBG FUNDS, provided however, the SUBRECI PI ENT must be able to 8