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Mitigation Project Grant Agreement Page 3 of 29 City of Everett, D22-024 Revised <br />Form 4/17/2020 <br /> <br />when this Agreement is terminated, is actually less than above, the actual cost shall be <br />substituted herein. <br />b. The value of the contributions by the SUBRECIPIENT to the project shall be $118,361.88 <br />dollars, or 12.5 percent, at minimum, of the total project cost. The SUBRECIPIENT’s <br />contributions may be cash or in-kind, must be from a non-federal source, must be <br />reasonable, allowable and allocable, and must comply with all Federal requirements and <br />regulations. <br />c. When the DEPARTMENT enters into an agreement with the Federal Emergency <br />Management Agency (FEMA) to contribute federal funds to this project, that federal <br />contribution will be $710,171.25 dollars, or 75 percent of the total project cost, whichever <br />is less. <br />d. The value of the contributions by the DEPARTMENT to the project shall be $118,361.87 <br />dollars, or 12.5 percent, at minimum, of the total project cost. The DEPARTMENT’s <br />contributions must be from a non-federal source and must comply with all Federal <br />requirements and regulations. <br />e. The DEPARTMENT shall not be obligated to pay any amount beyond that set out in <br />Subsections c and d above, unless that additional amount has been approved in advance <br />by both the DEPARTMENT and SUBRECIPIENT and is incorporated by written <br />amendment into this Agreement. <br />f. A written amendment will be required if the SUBRECIPIENT expects cumulative transfers <br />between project budgets, as identified in the Project budget (Attachment 5) and the <br />Statement of Work and/or description of Project (Attachment 3), to exceed 10% of the <br />Grant Agreement Amount. Any changes to project budgets other than in compliance with <br />this paragraph will not be reimbursed. <br /> <br />3. GRANT AGREEMENT PERIOD <br />Activities payable under this Agreement and to be performed by the SUBRECIPIENT under this <br />Agreement shall only be those after the obligation of federal funds on 03/24/2022 and shall <br />terminate on 04/30/24. This period shall be referred to herein as the Grant Agreement Period <br />and/or Period of Performance, unless expressly stated otherwise. Costs incurred during the Grant <br />Agreement Period shall include pre-award costs authorized in writing by FEMA as well as eligible <br />costs incurred after the effective date of the Grant Agreement Period and before termination. <br /> <br />a. The SUBRECIPIENT shall complete the project as described in the FEMA approved <br />project application FM-5320-23, incorporated in and made a part of this Agreement by <br />reference, and as described in Attachments 3, 4, and 5. In the event of extenuating <br />circumstances, the SUBRECIPIENT may request, in writing, that the DEPARTMENT <br />extend the deadline for Grant Agreement completion. <br />b. The Grant Agreement Period shall only be extended by (1) written notification of FEMA <br />approval of the Grant Agreement Period followed by execution of a mutually agreed written <br />amendment, or (2) written notification from the DEPARTMENT to the SUBRECIPIENT <br />addressing extensions of the Department’s underlying federal grant performance period <br />or to provide additional time for completion of the SUBRECIPIENT’s project(s). <br />c. No expenditure made, or obligation incurred, before or after the Grant Agreement Period <br />shall be eligible, in whole or in part, for grant funds with the exception of pre-award costs <br />authorized in writing by FEMA. In addition to any remedy the DEPARTMENT may have <br />under this Agreement, the amounts set out in Article II, section A.2 Project Funding, <br />above, may be reduced to exclude any such expenditure from participation. <br />d. Failure to complete the project in a timely manner, as outlined in Attachment 4, is a <br />material breach of this Agreement for which the DEPARTMENT is entitled to termination <br />or suspension under Attachment 2, section A.36.