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v <br /> Agreement; and applicable Uniform Physical Conditions Standards (UPCS). UPCS are the <br /> minimum standards for building exterior, interior living space, heating and plumbing systems, <br /> and health and safety conditions for HUD-assisted housing and are available at <br /> www.washingtonwatchdog.org/documents/cfr/title24/part5.html. <br /> IV. FISCAL MANAGEMENT <br /> A. Eligible Costs <br /> Disbursements shall be made to the Agency under this Agreement only for certain "eligible <br /> project costs," as that term is defined in 24 CFR § 92.206, and, if approved by HUD, for <br /> certain "pre-award costs" pursuant to 24 CFR § 92.212. In no event, however, shall <br /> disbursement be made to the Agency for costs not included in the Project Budget attached <br /> as Attachment B to this Agreement. <br /> No expenditure of HOME funds shall be made for "prohibited activities," as that term is <br /> defined in 24 CFR § 92.214. <br /> B. Payment and Disbursements <br /> The Agency may not request disbursement of funds under this Agreement until the funds <br /> are needed for the payment of eligible Project costs. The amount of each request shall be <br /> limited to the amount needed. <br /> Disbursements by the County pursuant to this Agreement shall be on a reimbursement <br /> basis, covering Project obligations incurred but not paid by the Agency. These funds shall <br /> be managed through the City's HOME Fund account (the "HOME Fund") utilizing the <br /> Integrated Disbursement and Information System ("IDIS") described in 24 CFR § 92.502, in <br /> the following manner: <br /> 1. The Agency's Project staff will prepare the Request for Reimbursement/Actual <br /> Expenditure Report (attached hereto as Attachment F and incorporated herein by this <br /> reference) together with a Report of Actual Expenditures (attached hereto as <br /> Attachment G and incorporated herein by this reference) and submit them to the City <br /> with adequate notice to allow processing by the City. Each Request for Reimbursement <br /> shall be submitted by the Agency only for funds needed for payment of eligible Project <br /> costs and payment will be limited to the amount so needed. <br /> 2. A check will be drawn by the City for Project needs within fifteen (15) calendar days of <br /> receiving the requested HUD funds from the U.S. Treasury and will be promptly <br /> forwarded to the Agency Project staff contact person for disbursal. <br /> 3. Disbursements shall be limited to the amounts needed for allowable Project costs. <br /> Disbursements will not occur, and payments may be withheld, unless the Agency <br /> provides proper documentation. <br /> C. Repayment of HOME Funds <br /> - 9 - <br /> r <br />