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salary and wage summaries, or other documentation, and submit them to <br /> the County with adequate notice to allow processing by the County. <br /> 3. Each Request for Reimbursement/Actual Expenditure Report shall be <br /> submitted by the Agency only for funds needed for payment of eligible <br /> Project costs and payment will be limited to the amount so needed. <br /> 4. A check will be drawn by the County for Project needs within fifteen (15) <br /> calendar days of receiving the requested HUD funds from the U.S. <br /> Treasury and will be promptly forwarded to the Agency for disbursal. <br /> 5. Disbursements shall be limited to the amounts needed for allowable <br /> Project costs. <br /> 6. Disbursements will not occur, and payments may be withheld, unless the <br /> Agency provides proper documentation for the reimbursement requests. <br /> In addition, the County reserves the right to withhold payments pending <br /> delivery of Project reports or other documents as may be required under <br /> this Agreement. <br /> C. Budget Revisions and Other Adjustments <br /> In additions to the provisions contained in the Basic Terms and Conditions, <br /> the County reserves the right to reduce the amount of the Project Budget <br /> established by this Agreement if the Agency is not undertaking the Project <br /> activity at a level consistent with the terms and conditions, including but not <br /> limited to Exhibit B, of this Agreement. All disbursements under this <br /> Agreement shall be subject to audit and recovery of disallowed costs. <br /> D. Repayment of HOME Funds <br /> 1. The Agency shall return or transfer to the County, as the case may be, all <br /> undisbursed HOME funds and Program Income not otherwise committed <br /> for pending loans upon the occurrence of any of the following events: <br /> a. The Project terminates before completion, voluntarily or involuntarily; <br /> or <br /> b. The Agency's Community Housing Improvement Program or the <br /> Agency itself ceases to exist; or <br /> c. This Agreement between the County and the Agency is terminated. <br /> 2. To the extent there are pending loans to be made at the time of any such <br /> occurrence, the Agency shall either make the pending loans and <br /> Exhibit A <br /> HCS-16-42-1601-198 <br /> City of Everett <br /> Page 15 of 23 <br />