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25A - AGMT WIOA FORMULA
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25A - AGMT WIOA FORMULA
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Last modified
6/27/2019 5:16:41 PM
Creation date
6/27/2019 5:05:21 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
25A
Date
7/2/2019
Destruction Year
2024
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EXHIBIT 3 <br />B. Pursuant to 2 CFR §200331(a)(4), the Indirect Cost Rate for the <br />SLBRECIPIEN T's avrard shall be an approved fcdt-rally recog ind 'uaiircet cost rate negotiated between the <br />SUBRECTI'I NT and the Federal government; or, it"'() such rate exists, Other a rate negotiated between the <br />CITY and the SUBRECIPISIv T, or a de rua» nrir, uidirmt cost rate as defined in 2 CPR §200.414(b) I rxiircct <br />(FRA) costs. <br />C. SUBRECIPTENT has the ability to adjust lino item anxnails in the budget with the <br />approval of the Executiw Director, so long as the total Budget amount dogs not itr,:rease. <br />D. CITY agrees to provide for on -site monitoring renews of said program operation at <br />least annually. In addition, monthly desk -top reviews ol'pertinent information will be conditated. <br />E. CITY has the rl& to do-obligftte the fiuxls herctuuier, and take such banding back <br />Rom SU 311FZIPILNT, due to any of the tbllotvnogreasons: (a) lack ofperrunntmce by SUBRECTPJ;'NT; <br />(b) lack of fiscalaccotntabik,ofSUBRECIPTENT, or decrease unavailable $uxia-C. <br />IIL <br />TERM Or, AGREE14IENT <br />A. This Agr ement shall cormrxmce on_July l 2019; and all duties arising under this <br />Agreenent slmll have been perlormrxl by June 30, 2020, The 'Perm ofthis Agreen"d maybe connoted bya <br />writing executed by the City Manager and the City Attorney. SUBRECIPIENT acknowledges and agrees <br />that it must provide follow-up services for one (1) year after the Perm, whetter funded or oat. <br />B. SUBRECTI?1ENT agrees to comply with tho cktsenut procedures dota&d in 2 CFR <br />§200.343, iucMingtho Ulowing: <br />1. SUBRECIPTEftiT natst subtffi, nn later than ninety (90) calendar days after <br />the end date of the .period of perlbrmanc:e, all fir aucial, perlbrmance, and other reports as required by tre <br />terms and conditions ofthe Federalawani; <br />2. Unless the CITY aulhorla-s an extension, SUBRECTPTF.NTintstliquidate all <br />obligations incurred under the Federal attrord not letter Ulan ninety (90) cAndar days after the end date ofthe <br />period ofperforinawo as specified in the tents and conditions ofthe Federal award; <br />3. SUBRECIPIEfvTtrntstpromptly reliatdany balances oftunbleAtedcash that <br />the CITY paid in ads^uric or paid aril that i, not authorized to be retained by S LBRECIPIEhTT for use in <br />otherprojccts (See OM13 Circular A-129 and 2 CFR §200.345). <br />4. SUBRECIPaNT Hurst account for arty real and personal property acquired <br />with Federal funds or received ftum the Federal govenunent iaaccordance with 2 CFR §§200.310-200.a" 16 <br />and 200.129; and, <br />5. The CITY should complete all closecnd actions for the Pcdcral award no later <br />than one year after receipt and acceptance ofall required final reports. <br />Page 6 of 17 <br />25A-223 <br />
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