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Last modified
6/15/2026 2:24:56 PM
Creation date
8/12/2025 9:17:30 AM
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Contracts
Company Name
INTERVAL HOUSE
Contract #
A-2025-123-01
Agency
Community Development
Council Approval Date
6/3/2025
Expiration Date
6/30/2026
Insurance Exp Date
10/1/2026
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regulations, guidelines, directives, and objectives. Such amendments shall be incorporated by <br />written amendment as a part of this AGREEMENT. <br />XV. VIOLATION OF TERMS AND CONDITIONS <br />A. Termination <br />If, due to any cause, the SUBRECIPIENT fails to comply with the terms, conditions or <br />requirements of this AGREEMENT, or any prior AGREEMENT whereby ESG funds <br />were received by the SUBRECIPIENT, whether stated in a Federal statute or regulation, <br />an assurance, a State plan or application, a notice of award, or elsewhere, the CITY may <br />terminate or suspend this AGREEMENT in accordance with 2 CFR 200.339 and in <br />accordance with 2 CFR 200.340 by giving written notice, and the CITY may request in <br />writing that all or some of the grant funds be returned even if the SUBRECIPIENT has <br />expended the funds. <br />If the SUBRECIPIENT reports inaccurately, or if on audit there is a disallowance of <br />certain expenditures, the SUBRECIPIENT agrees to remedy the acts or omissions <br />causing the disallowance and repay the CITY all amounts spent in violation thereof. If <br />the SUBRECIPIENT engaged in fraudulent activity to obtain and/or justify expenditure <br />of the ESG funds granted hereunder, the SUBRECIPIENT shall be required to reimburse <br />the CITY of all such funds that were obtained and/or spent under fraudulent <br />circumstances, and the CITY reserves the right to take other remedies that may be legally <br />available. <br />The SUBRECIPIENT agrees to return all fiends as requested by the CITY under this <br />section within thirty (30) days of receipt of the written request. <br />Any objections regarding terminations or suspensions shall be made by the <br />SUBRECIPIENT in writing and mailed to the CITY pursuant to the above NOTICES <br />section. <br />XVI. CLOSE-OUT <br />The SUBRECIPIENT agrees to comply with the closeout procedures detailed in 2 CFR 200.343, <br />including the following: <br />1. SUBRECIPIENT must submit, no later than ninety (90) calendar days after the end date of <br />the period of performance, all financial, performance, and other reports as required by the <br />terms and conditions of the Federal award; <br />2. Unless the CITY authorizes an extension, SUBRECIPIENT must liquidate all obligations <br />incurred under the .Federal award not later than ninety (90) calendar days after the end date of <br />the period of performance as specified in the terms and conditions of the Federal award; <br />3. SUBRECIPIENT must promptly refund any balances of unobligated cash that the CITY paid <br />in advance or paid and that is not authorized to be retained by SUBRECIPIENT for use in <br />other projects (See OMG Circular A-129 and 2 CFR 200.345); <br />Page 21 of 23 <br />
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