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AgdaPkt 2013-07-22
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AgdaPkt 2013-07-22
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Last modified
8/23/2013 5:12:30 PM
Creation date
7/19/2013 3:15:07 PM
Metadata
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Regular
Agency Type
City Council
Date
7/22/2013
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6.3.A. - Page 11 <br /> upon demand by City, pay City the full amount owing to City or to the United States <br /> Government as a result of any such audit exception. <br /> City will monitor Contractor's Project and expenditures made pursuant to this <br /> Agreement quarterly to verify Contractor's compliance with this Agreement and local <br /> and federal contract requirements. Contractor shall cooperate with City and provide all <br /> documents and information requested by City in a timely and accurate fashion. <br /> 9. RECORD RETENTION. Contractor shall retain all financial, supporting <br /> documents, statistical records, and all other records pertinent to the Agreement for a <br /> period of five (5) years from the termination date of the CDBG period of affordability <br /> described in Exhibit "A" of this Agreement. Notwithstanding the above, if there is <br /> litigation, claims, audits, negotiations or other actions that involve any of the records <br /> cited, and that have started before the expiration of the five-year period, then such <br /> records must be retained until completion of the actions and resolution of all issues, or <br /> the expiration of the five-year period, whichever occurs later. <br /> 10. ACCESS TO RECORDS. Contractor shall furnish and cause each of its <br /> own subrecipients and/or subcontractors to furnish all information and reports required <br /> hereunder and will permit access to its books, records and accounts by City, HUD, or its <br /> agent, or other authorized Federal officials for purposes of investigation to ascertain <br /> compliance with the rules, regulations and provisions stated herein. <br /> 11. TERMINATION In the event Contractor is unable to fulfill its <br /> responsibilities under this Agreement for any reason whatsoever, including <br /> circumstances beyond its control, City may terminate this Agreement in whole or in part <br /> in the same manner as for breach hereof. Any material deviation by Contractor for any <br /> reason from the requirements thereof, or from any other provision of this Agreement, <br /> ATTY/AGR/2013.116/MHA FUNDING AGREEMENT <br /> REV: 07-12-13 VR <br /> Page 6 of 32 <br />
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