FULL AGENDA PACKET_2021-05-04 - Laserfiche WebLink

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EXHIBIT 1 amount of all matching funds contributed by the SUBRECIPIENT will be enumerated in Exhibit B, Final Budget- G. Protnam Income (1) Definition. Program income means, as provided by 2 CFR 200.80, gross income received by the SIIBRECIPIEN"I directly generated by a grant support activity, or earned only as a result of the grant agraancm during the grant period. For purposes of ESG, program income will also include any amount of a security or utility deposit returned to the SUBRECIPIENT. (2) Usc- The SUBRFCIP11:NT shall use all income received from said funds only for the same purposes for which said funds may be expended pursuant to the nrnns and wnditions of this AGRFFMFNT- (3) Counts toward Matching. Costs paid by program income may count toward meeting the matching requirements, provided the costs are eligible ESG costs that supplement the program. H- Separation of Accounts All funds received by the SUBRI CIPIFNT from the CITY pursuant to this AGRFIiMENT shall be maintained separate and apart from any other funds of the SUBRFCIPIFNT, or of any principal or member of the SUBRECIPIENT, in an account (the -Account") at a federally insured banking or savings and loan institution with record ke-ping of such Accounts maintained pursuant to applicable legal rcquicments. The SUBRECIPIENT shall keep all records of the Account in a manner that is consistent with generally accepted accounting principles. No monies shall be withdrawn from the Account except for expenditures relating to essential services, homeless prevention, and/or operations costs, as authorized hereunder- All disbursements front the Account shall be for obligations incurred in the performance of this AGREEMENT and shall be supported by contracts, invoices, vouchers, and other data, as appropriate, evidencing the necessity of such expenditure. Tlne CITY may withhold payment allocation requests if the SUBILLCIPIL:NT fails to comply with the above requirements until such compliance is demonstrated - I. Expenditure of Funds Much like how HUD requires the CITY, pursuant to 24 CFR 576.203, to expend all of the grant limds for eligible activity costs within 24 months after the date that HUD signs the grant agreement with the CITY, it is a requirement for the SUBRECIPIENT to expend all of the grant funds for eligible activity costs within the aforementioned period- For the purposes of this paragraph, expenditure means either an actual cash disbursement for a direct charge for a good/service or an indirect cost, or the accrual of a direct charge for a good/service or an indirect cost- Failure to expand said funds within said timeframe can result in a reallocation of funds- k Prohibited Use (1) Generally. Tlne SUBRECIPIENT hereby certifies and agrecs that it will not use funds provided through this AGREEMENT to pay for meals for persons other than those identified as homeless or at risk of homelessness. Said funds shall not be used for entertainment purposes or for gifts. The SUBRECIPIFNT certifies that it will not use said funds for illegal or dishonest conduct, rather, fund use will remain in compliance with all applicable federal, state, and local laws, including applicable laws not outlined in this AGREEMENT. (2) Lobbying. The SUBRECIPIENT certifies and agree that it will comply with federal law (31 U.S.C. 1352) and regulations found at 24 C:FR Part 87, which provide that no appropriated funds may be expended by the recipient of a federal contract, grant, loan, or cooperative agreement to pay any person for influencing or attempting to influence an officer or employee of any agency, Member of Congress, or an office- or employee of a Member of rd City Council 14 — 30 5/4/2021 60A-28