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e. 'r <br /> $57,711.15 in funds covered by this Agreement will be made available to City for <br /> commitment to project only after the project application is received and approved by the <br /> County for an eligible project. Project funds will be made available on a rolling, project <br /> by project basis. In the event that HUD reduces the HOME allocation to the Consortium, <br /> or the City does not meet any deadline for commitment or expenditure of funds as <br /> established by the County, the City's allocation will be reduced accordingly. <br /> 3. As a subrecipient, City is responsible for identifying, selecting and implementing <br /> HOME-eligible activities within its jurisdiction. This includes contracting for the <br /> performance of these activities with other entities for HOME-eligible activities, and <br /> maintaining the required records to conform to HUD and HOME program standards. In <br /> its role as subrecipient, City is responsible for fulfilling all of the requirements of the <br /> HOME program and for ensuring that HOME requirements are fulfilled by its <br /> contractors, as applicable. <br /> 4. Any HOME eligible activities that the City desires to engage in must be approved by <br /> County in advance of any commitment of funds from the City to another entity. The <br /> City is responsible for submission of an Application to the County. County approval will <br /> be evidenced by a project approval letter to the City and a subsequent amendment of this <br /> Agreement to add funding for approved project(s). County will notify City of any <br /> disapproved Applications or modifications needed for approval. <br /> 5. As a Subrecipient, the City is responsible for conducting the environmental review of <br /> any project or program assisted through this contract in compliance with the National <br /> Environmental Protection Act (NEPA) and 24 CFR 58 and the California Environmental <br /> Quality Act (CEQA) (the "Environmental Review"). The City shall submit the NEPA <br /> Environmental Review (ER) to the County as the Grantee and Responsible Entity. The <br /> County shall review the documents and may require changes or modifications by the <br /> City to the ER and require the City to resubmit and publish the final version. Once the <br /> County has reviewed and approved, the ER will be submitted to HUD for Authority to <br /> use Grant Funds. HUD must give formal acceptance, prior to City entering into a <br /> commitment of HOME funds for the subject activity. <br /> 6. After project or program approval by County and HUD approval of the Environmental <br /> Review, City may enter into a formal written agreement committing the HOME funds. <br /> City agrees that any HOME-eligible activities funded through this Agreement shall be <br /> confirmed with a written contract that contains the provisions specified in 24 CFR Part <br /> 92.504. In addition, any contract made between City and another entity for the use of <br /> HOME funds pursuant to this Agreement shall comply with all applicable HOME <br /> regulations and shall be enforced by deed restriction, where applicable. The form of the <br /> contract and deed restriction shall be approved by County in advance of execution. A <br /> copy of all contracts for HOME-funded activities shall be sent to the County. <br /> 7. Once the City enters into a formal written agreement for the commitment of HOME <br /> fund, the County shall make funds available to the City by setting up the project in <br /> HUD's IDIS financial disbursement system and in the County's ALCO LINK <br /> accounting system. As the County must adhere to HUD's new project based <br /> requirement for the expenditure of HOME funds, the County reserves the right to <br />