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of either the City Council or the Board of Trustees. <br />28. Terms Required Based on HUD Funding. The following terms are made a part of this Agreement, as <br />required by the Parties participation in and use of funds from the HUD CBDG Program. <br />A. Use of Debarred. Suspended, or Ineligible Participants. The Parties shall comply with the provisions of <br />24 CFR 24 relating to the employment, engagement of services, awarding of contracts, or funding of any <br />contractor or subcontractor during any period of debarment, suspension, or placement in ineligibility status. <br />B. No Pending Investigation. Each Party asserts that, to the best of its knowledge, it is not the subject of any <br />current or threatened criminal or civil action investigation by any other public agency, including without <br />limitation a police agency or prosecuting authority, that would relate to affect performance of the <br />Agreement or provision of services hereunder. <br />C. Audit. To the extent the District uses California state bonds funds for the Project, the District is subject o <br />audit by the California Office of Public School Construction. In addition, to the extent the District uses any <br />of its Measure G Bond funds for the Project, the District is required to conduct an annual, independent <br />financial audit and annual, independent performance audit on the use of those funds. <br />D. Record Keeping/Reporting. Both Parties shall keep and maintain complete and adequate records and reports <br />to assist one another in meeting and maintaining its record keeping responsibilities under applicable law which <br />includes, Title 24, Part 570 of Code of Federal Regulations 24 CFR 570.000, et seq. The Parties agree to <br />share with each other the guidelines and parameters of required record keeping. The Parties agree to keep <br />all Project records for at least five (5) years from the date of completion of the Project. <br />E. Economic Opportunities for Low Income People. To the extent allowable under applicable state law, <br />the Parties shall implement the goals of Section 3 of the Housing and Urban Development Act of 1968 that <br />requires employment and other economic opportunities arising in connection with housing rehabilitation, <br />housing construction and other public construction projects which shall, to the extent feasible and <br />consistent with existing federal, state and local laws and regulations, be given to low and very low-income <br />persons. To the extent applicable, the Parties shall comply and/or cause compliance with Section 3 Clause <br />requirements for the Project. <br />F. Prevailing Wage. In its contract(s) for construction of the Project, the District shall include a provision <br />that states in pertinent part: If there is a difference between the general prevailing wage rates determined by <br />the Director of the Department of Industrial Relations ("California Prevailing Wages") and the applicable <br />minimum wage rates determined by the Secretary of Labor ("Federal Wages") for similar classifications of <br />work, the Contractor and its Subcontractors of every tier shall pay their workers not less than the higher <br />wage rate. <br />G. Lobbying. The Parties shall ensure that they comply with federal law (31 U.S.C. 1352) and regulations found <br />at 24 CFR Part 87, which provide that no appropriated funds may be expended by the recipient of a federal <br />contract, grant, loan or cooperative agreement to pay any person for influencing or attempting to influence an <br />officer or employee of any agency, Member of Congress, or an officer or employee of a Member of Congress <br />in connection with awarding of any federal contract, the making of any federal grant or loan, entering into any <br />cooperative agreement and the extension, renewal, amendment or modification of any federal contract, grant, <br />loan or cooperative agreement. <br />Initial Financing Agreement - City of Santa Ana/SAUSD - MPR/CC Page 5