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that it has taken all reasonable steps to minimize the displacement of persons as a result of the <br />construction. Furthermore, to the extent feasible, residential tenants must be provided a reasonable <br />opportunity to lease and occupy a suitable, decent, safe, sanitary and affordable dwelling unit on the <br />Property upon completion of the construction. Developer agrees to cooperate fully and completely <br />with City in meeting the requirements of 24 CFR 92.253 and shall take all actions and measures <br />reasonably required by the Executive Director in connection therewith. All applicable state <br />guidelines must also be followed. <br />1113. Other Program Requirements. Developer shall carry out each activity in <br />compliance with all federal laws and regulations described in subpart H of 24 CFR 92, except that <br />Developer does not assume City's responsibilities for environmental review in 24 CFR 92.352 or the <br />intergovernmental review process in 24 CFR 92.359. <br />1114. Request for Disbursements of Funds. Notwithstanding anything contained in this <br />Agreement to the contrary, Developer may not request disbursements of funds under this Agreement <br />until the funds are needed for payment of eligible costs (such funds shall be used solely towards the <br />construction of the Project). The amount of each request shall be limited to the amount needed. <br />1115. Eligible Costs. Developer shall use HOME Funds to pay costs defined as "eligible <br />costs" pursuant to 24 CFR 92.206. <br />1116. Records and Reports. Developer shall maintain and from time to time submit to <br />Agency/City such records, reports and information as the Executive Director may reasonably require <br />in order to permit City to meet the record keeping and reporting requirements required of it pursuant <br />to 24 CFR 92.508. <br />1117. Uniform Administrative Requirements. Developer shall comply with the <br />requirements and standards of OMB Circular No. A-122, "Cost Principles for Non-Profit <br />Organizations," and with the following Attachments to OMB Circular No. A-110: <br />(a) Attachment A, "Cash Depositories", except for paragraph 4 <br />concerning deposit insurance; <br />(b) Attachment B, "Bonding and Insurance"; <br />(c) Attachment C, "Retention and Custodial Requirements for Records", <br />except that in lieu of the provisions in paragraph 4, the retention period for records pertaining to <br />individual CDBG activities starts from the date of submission of the annual performance and <br />evaluation report, as prescribed in 24 CFR 570.507, in which the specific activity is reported on for <br />the final time; <br />(d) Attachment F, "Standards for Financial Management Systems"; <br />(e) Attachment H, "Monitoring and Reporting Program Performance", <br />Paragraph 2; <br />(f) Attachment O, "Procurement Standards." <br />35 <br />DOCSOC/ 1469583v5/200272-0003