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FIESTA MARKETPLACE PARTNERS (7)
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FIESTA MARKETPLACE PARTNERS (7)
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Last modified
9/4/2024 5:48:48 PM
Creation date
8/26/2024 3:02:04 PM
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Contracts
Company Name
FIESTA MARKETPLACE PARTNERS
Contract #
A-1986-080
Agency
Community Development
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(3) All conditions precedent to the Recipient's authority to draw <br />the grant funds shall have been satisfied, in accordance with Section 3.03 of <br />this Grant Agreement. <br />(4) The grant funds to be drawn will be used for Eligible Costs <br />actually incurred in accordance with the provisions of Exhibits E, C and D to <br />this Grant Agreement. <br />(5) All ft+ogram Income which has been received by the Recipient or <br />by a Participating Party has been deposited or used in accordance with the <br />provisions of Section 2.04 of this Grant Agreement. <br />Section 8.02 Certification After Ccmpletion of all Recipient <br />Activities <br />Within thirty (30) days after the completion of all Recipient <br />Activities, the Recipient shall submit to the Secretary a written certification, <br />executed by the chief executive officer of the Recipient, stating that all <br />Recipient Activities, have been completed consistent with the terms of this <br />Grant Agreement, and specifying the date of completion and the cost for each <br />Recipient Activity. <br />Section 8.03 Certification After Completion of All_ilon-Recipient <br />Activities <br />Within thirty (30) days after the completion of all 17on Recipient <br />Activities, the Recipient shall submit to the Secretary a written certification, <br />executed by the chief executive officer of the Recipient, stating that all Non- <br />pecipient Activities, have been conpleted consistent with the terms of this Qrant <br />Agreement, and specifying the date of completion and the cost for each lion -Recipient <br />Activity. She certification shall have attached to it a statement from each <br />Participating Marty that the information in the certification with respect to <br />the Non -Recipient Activities carried out by that Participating Party is complete <br />and correct. <br />WkICLL IY. <br />'i'hIRD PARTY LU4TRhM' REQUIRD1F1-rLS <br />Section 9.01 Escrow of Pr am Intone <br />She Recipient shall include in all contracts with Participating Parties <br />involving activities to be paid for with grant funds, a provision that, upon <br />instruction by the Secretary, all Program Intone received by the Participating <br />Party, prior to the completion of all Recipient Activities, shall be deposited <br />in escrow under arrangements approved by the Secretary, in order to provide <br />-funds to assure the completion of the Recipient Activities. <br />section 9.02 Program Income Applied to Costs <br />Unless Exhibit A of this Crant Agreement authorizes or requires <br />otherwise, the Recipient shall include in all contracts with Participating <br />Parties involving activities to be paid for with grant funds, a provision that <br />all program Income received by the Participating Party, prior to the completion <br />of all Recipient Activities, shall be transmitted to the Recipient for payment <br />of costs incurred for Recipient Activities - <br />Sect )n 9.03 m Income for Title I Activities <br />Unless Exhibit A to this Crant Agreement authorizes or requires <br />otherwise, the Recipient shall include in all contracts with Participating <br />Tarties involving activities to be paid for with grant funds, a provision that <br />all Program Income received by the Participating Party after the completion of <br />all Recipient Activities shall, at the option of the Recipient, either be <br />transmitted to the Recipient, or used by the Participating Party with Recipient <br />approval, for conmunity and economic development activities which would be <br />eligible for assistance under Title I of the Act, unless otherwise provided in <br />the close-out agreement between recipient and HUD. <br />Revised 6/81 11 <br />
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