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Housing Hope 4/19/2023
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Housing Hope 4/19/2023
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Last modified
8/4/2023 3:52:10 PM
Creation date
8/4/2023 3:51:09 PM
Metadata
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Contracts
Contractor's Name
Housing Hope
Approval Date
4/19/2023
Council Approval Date
3/2/2022
End Date
6/30/2023
Department
Community Development
Department Project Manager
Kembra Landry
Subject / Project Title
2022 CDBG
Tracking Number
0003866
Total Compensation
$14,350.00
Contract Type
Agreement
Contract Subtype
CDBG Agreements
Retention Period
6 Years Then Destroy
Imported from EPIC
No
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<br />In accordance with 2 CFR 200 Uniform Administrative Requirements, this Agreement may <br />also be terminated for convenience by either the City or the Subrecipient, in whole or in part, <br />by setting forth the reasons for such termination, the effective date, and, in the case of partial <br />termination, the portion to be terminated. However, if in the case of a partial termination, the <br />City determines that the remaining portion of the award will not accomplish the purpose for <br />which the award was made, the City may terminate the award in its entirety. <br /> <br />H. Termination for Withdrawal, Reduction or Limitation of Funding <br /> <br />In the event that funding from the Federal government is withdrawn, reduced or limited in any <br />way after the effective date of this contract, and prior to its normal completion, the City may <br />summarily terminate this Contract as to the funds reduced or limited, notwithstanding any <br />other termination provision of this Agreement. If the level of funding so reduced or limited is <br />so great that the City deems that the continuation of the program covered by this Agreement <br />is no longer in the best interest of the public, the City may summarily terminate this <br />Agreement in whole notwithstanding any other termination provisions of this Agreement. <br />Termination under this Section shall be effective upon receipt of written notice by the <br />Subrecipient or its representative. <br /> <br />The City agrees to promptly notify the Subrecipient of any proposed reduction in funding by <br />Federal or other officials. The Subrecipient agrees that upon receipt of such notice it shall <br />take appropriate and reasonable action to reduce its spending in the affected funding area so <br />that expenditures do not exceed the funding level which would result if said proposed <br />reduction became effective. <br /> <br />I. Hold Harmless <br /> <br />The Subrecipient shall hold harmless, defend and indemnify the City from any and all claims, <br />actions, suits, liability, charges, losses and judgments whatsoever that arise out of the <br />Subrecipient’s performance or nonperformance of the services or subject matter called for in <br />this Agreement. <br /> <br />II. Administrative Requirements <br /> <br />A. Financial Management <br /> <br />1. Accounting Standards: The Subrecipient agrees to comply with 2 CFR 200 Uniform <br />Administrative Requirements and agrees to adhere to the accounting principles and <br />procedures required therein, utilize adequate internal controls, and maintain necessary <br />source documentation for all costs incurred. <br /> <br />2. Cost Principles: The Subrecipient shall administer its program in conformance with 2 <br />CFR 200 Uniform Administrative Requirements as applicable. These principles shall be <br />applied for all costs incurred whether charged on a direct or indirect basis. <br /> <br /> <br />B. Documentation and Record-Keeping <br />
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