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Exhibit A - 3 <br />Subrecipient shall commence work at the completion of Environmental Determination by the City of <br />Everett’s Community Development staff or at the beginning of the Program Year, whichever shall occur <br />latter. Subrecipient shall work expeditiously, diligently and continuously to complete the Project to the <br />reasonable satisfaction of the City on or before the end of the Project Period. <br />The term of this Agreement and the provisions herein shall be extended to cover any additional time period <br />during which the Subrecipient remains in control of CDBG funds or other assets, including program income. <br />The City may, at its discretion, extend the term of this Agreement to allow for the expenditure of unexpended <br />funds. <br /> <br />III. Budget <br /> <br />The Subrecipient shall complete a budget and all budgetary amendments in AmpliFund, listing budgetary line <br />items in relation to the project. <br /> <br />Any indirect costs charged must be consistent with the conditions of Paragraph II (C)(2) of Exhibit B of this <br />Agreement. In addition, the City may require a more detailed budget breakdown than the one contained <br />herein, and the Subrecipient shall provide such supplementary budget information in a timely fashion in the <br />form and content prescribed by the City. <br /> <br />IV. Payment <br /> <br />It is expressly agreed and understood that the total amount to be paid by the City under this Agreement shall <br />not exceed the Maximum Reimbursement Amount (stated in the Basic Provisions) for undertaking the <br />Project. Drawdowns for the payment of eligible expenses shall be made against the line item budgets <br />specified in Paragraph III, Budget, herein and in accordance with performance. Expenses for general <br />administration shall also be paid against the line item budgets specified in Paragraph III, Budget, and in <br />accordance with performance. <br /> <br />Payments may be contingent upon certification of the Subrecipient's financial management system in <br />accordance with the standards specified in 2 CFR 200 Uniform Administrative Requirements. <br /> <br />Requests for reimbursement must be in the format acceptable to the City of Everett. AmpliFund shall be used <br />for all reimbursement requests under this agreement and be accompanied by appropriate source documents. <br />Requests for reimbursement shall be submitted to the City no less than once per quarter following execution <br />of this agreement unless otherwise approved by the Community Development Director or designee. <br /> <br />V. Pre-Award Costs <br /> <br />Pre-award costs incurred by the Agency from the beginning of the time of performance set forth in Paragraph <br />II, Time of Performance, of this agreement may be eligible for reimbursement in accordance with 24 CFR <br />570.200(h). <br /> <br /> <br /> <br />