HOME CONSORTIUM AMENDMENT - Laserfiche WebLink

advance of the necessary amount of the funds, which will be expend.d within the time allowed. The amount of each request shall be limited to the amount reasonably anticipated to be needed. 12. Loan repayments, interest or other return on City's investment of HOME funds disbursed through this contract shall be collected by City and transferred to the County within 30 days of receipt. The County will hold any such funds for additional HOME-eligible activities in City. In the case of home buyer assistance payments, the City may retain payments for future homebuyer assistance activities funded with HOME funds in accordance with HOME regulations. 13. County and City will cooperate in the preparation of, and will furnish any and all information required for, reports to be prepared as may be required by HOME regulations including but not limited to the Consolidated Plan, the annual performance report and any quarterly reports required by County. 14. Activities and programs under this Agreement shall be governed by the policies and procedures of the HOME Consortium or as directed by the County t is lead agency, in order to ensure compliance with all federal laws and regulations. C GENERAL REQUIREMENTS 1. City and County shall maintain, on a current basis, complete records, including, but not limited to, contracts, books of original entry, source documents supporting accounting transactions, eligibility and service records as may be applicable, a general ledger, personnel and payroll records, canceled checks and related documents and records to assure proper accounting of funds and performance of this contract in accordance with HOME regulations. To the extent permitted by law, County and City will also permit access to all books, accounts or records of any kind for purposes of audit or investigation, in order to ascertain compliance with the provisions of this contract. Records shall be maintained for a period of five years or in accordance with 24 CFR Part 92.508(c), whichever is longer. 2. City agrees to defend, indemnify and hold harmless County and its of leers, employees and agents from any and all acts, claims, omissions, liabilities and losses by whomever asserted arising out of acts or omissions of City in the performance of the scope of work except those arising by reason of the sole negligence of County, its officers, employees or agents. As a part of this agreement, the City will provide the County with a Certificate of Insurance as outline in Exhibit B. 3. County agrees to defend, indemnify and hold harmless City and its officers, employees and agents from any and all acts, claims, omissions, liabilities and losses by whomever asserted arising out of acts or omissions of County in the performanc . of the scope of work except those arising by reason of the sole negligence of City, its officers, employees or agents. 4. City shall comply with all applicable laws, ordinances and codes of Federal, State and local governments, in the performance of this Agreement.