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Agmt01 CDBG N. Pen. Nghbrhd Svc
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Agmt01 CDBG N. Pen. Nghbrhd Svc
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Last modified
9/20/2005 10:08:42 AM
Creation date
3/26/2002 7:56:03 AM
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Template:
Agreement
Contractor Name
North Peninsula Neighborhood Services Center
PROJECT NAME
Housing revitalization & energy
RMP File Number
304
Date
9/26/2001
Reso Ref
14337
Box
6038
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the foregoing information. Said statement and analysis may be combined with the <br />annual narrative report submitted pursuant to paragraph 6. <br /> <br /> Contractor shall submit monthly to City's Housing Coordinator a Program <br />analysis and progress report documenting Contractor's success in meeting the Program <br />objectives referenced in paragraph 2. The final report shall be submitted no later than <br />July 15, 2002. If Contractor fails to submit such monthly reports on a timely basis, City <br />may withhold payment of funds hereunder until all such delinquent reports have been <br />submitted. <br /> <br /> Contractor receiving funding in excess of $300,000 shall provide City with an <br />independent audit of its activities for the term of this Agreement, conducted in <br />accordance with the Single Audit Act of 1984, OMB Circular A-110 Uniform <br />Requirements for Grants and Other Agreements and generally accepted auditing <br />standards covering financial and compliance audits. Annual audits shall be forwarded to <br />City within 30 days of completion. <br /> <br /> Contractor shall maintain and preserve all records relating to this Agreement in <br />its possession of any third party perforating work related to this Agreement for a period <br />of three (3) years from the termination date of this Agreement, or until audit findings, if <br />any, are resolved, whichever is greater. <br /> <br /> 11. Termination. Either party may temdnate this Agreement without cause at <br />any time during the term hereof by giving the other party not less than thirty (30) days <br />prior written notice of such termination. In the event of such termination, Contractor <br />shall submit a final invoice for any unreimbursed expenditures (less offsetting income in <br /> <br />8/15/01 5 <br /> <br /> <br />
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