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2020/12/16 Council Agenda Packet
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2020/12/16 Council Agenda Packet
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1/4/2021 5:55:18 PM
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Council Agenda Packet
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12/16/2020
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SCHEDULE C <br />CARES ACT <br />SELECT TERMS AND CONDITIONS <br />I. TERMS AND CONDITIONS <br />This Coronavirus Aid, Relief, and Economic Security (CARES) Act, PL 116-136, <br />Section 5001 Coronavirus Relief Fund is in part or wholly funding this Agreement. <br />A. Compliance with Specific Laws, Regulations, and Agreements. <br />1. City shall comply with the CARES Act, PL 116-136, Section 5 001 Coronavirus <br />Relief Fund regarding allowable expenditures. <br />a. The City agrees to undertake the Agreement funded project ("Project") more <br />fully described in the Statement of Work (hereinafter Schedule A). Agreement <br />funding is to address necessary expenditures due to the public health <br />emergency related to the Coronavirus (COVID-19) pandemic. <br />b. Such expenditures must be incurred during the period of March 1, 2020, <br />through December 30, 2020. <br />2. City shall comply with the U.S. Department of the Treasury Coronavirus Relief <br />Fund Guidance and Frequently Asked Questions as amended. Additional <br />information is available on the U.S Department of the Treasury website: <br />https://home.treasury.gov/policy-issues/cares. <br />II. FISCAL MANAGEMENT <br />The City shall not use funds available under this Agreement to supplant funds otherwise <br />available. <br />A. Accounting Standards <br />The City agrees to comply with OMB Uniform Guidance and 2 CFR part 200.303 <br />regarding internal controls, 2 CFR part 200.330 through 200.33 regarding <br />subrecipient monitoring and management and subpart F regarding audit requirements. <br />City agrees to adhere to the accounting principles and procedures required therein, to <br />C-1 <br />
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