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5/11/10 <br /> I. SUBRECIPIENT'S OBLIGATIONS <br /> A. Non-Profit Status - Representations and Warranties. <br /> (a) Authority. SUBRECIPIENT is a duly organized and existing non-profit corporation <br /> <br /> in good standing and authorized to do business under the laws of the State of California. <br /> SUBRECIPIENT has full right, power and lawful authority to accept the funding hereunder and <br /> <br /> to undertake all obligations as provided herein and the execution, performance and delivery of <br /> <br /> this Agreement by SUBRECIPIENT has been fully authorized by all requisite actions on the part <br /> of SUBRECIPIENT. <br /> (b) Experience. SUBRECIPIENT is a qualified provider of the services to be provided <br /> hereunder. <br /> (c) Familiarity With Services Required. By executing this Agreement, <br /> SUBRECIPIENT warrants that (i) it has thoroughly investigated and considered the services to <br /> be performed and provided hereunder, (ii) it has carefully considered how the services should be <br /> performed, and (iii) it fully understands the facilities, difficulties and restrictions attending <br /> performance of the services under this Agreement. <br /> (d) No Conflict. To the best of SUBRECIPIENT'S knowledge, SUBRECIPIENT'S <br /> execution, delivery and performance of its obligations under this Agreement will not constitute a <br /> default or a breach under any contract, agreement or order to which SUBRECIPIENT is a party <br /> or by which it is bound. <br /> (e) No Bankruptcy. SUBRECIPIENT is not the subject of any current or threatened <br /> bankruptcy proceeding. <br /> (f) No Pending Legal Proceedings. SUBRECIPIENT is not the subject of a current or <br /> threatened litigation that would or may materially affect SUBRECIPIENT'S performance under <br /> this Agreement. <br /> (g) Application Veracity. All provisions of and information provided in <br /> SUBRECIPIENT'S application for funding submitted to CITY including any exhibits are true <br /> and correct in all material respects. <br /> (h) No Pending Investigation. SUBRECIPIENT is not aware that it is the <br /> subject of any current or threatened criminal or civil action investigation by any public agency, <br /> including without limitation a police agency or prosecuting authority, that would relate to affect <br /> performance of the Agreement or provision of services hereunder. <br /> B. Amount of Grant and Quarterly Disbursement. The amount granted to <br /> SUBRECIPIENT is $ 58,500 ("CDBG FUNDS"), and such funds shall be expended by <br /> SUBRECIPIENT on or before June 30, 2011. The CDBG FUNDS shall be disbursed by CITY <br /> to SUBRECIPIENT on a quarterly basis on or before the 15`h of each of the following months <br /> (October, January, April and July) subject to and upon receipt and approval of a complete <br /> 2 <br /> 25L-4 <br /> <br />