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d , If <br /> City of Pleasanton <br /> 15-H RPP-10961 <br /> Page 1 of 2 <br /> EXHIBIT B <br /> BUDGET DETAIL AND PAYMENT PROVISIONS <br /> HRP Program Grant <br /> 1. Allowable Uses of Grant Funds <br /> A Grant funds shall only be used for projects approved by the State that involve the <br /> construction, rehabilitation, and/or acquisition of capital assets as defined by the <br /> California Government Code, Section 16727(a) that benefit the community within the <br /> Contractor's jurisdiction and as further set out in Section 108 of the Guidelines Capital <br /> assets include tangible physical property with an expected useful life of fifteen (15)years <br /> or more, equipment with an expected useful life of two (2) years or more, or major <br /> maintenance, reconstruction, or demolition for purposes of reconstruction and/or <br /> retrofitting work <br /> B incidental expenses shall not be paid by Grant funds unless they are directly related to <br /> the construction or acquisition of an eligible capital asset Such expenses include costs <br /> associated with planning, engineenng, construction management, environmental impact <br /> reports, appraisals, site acquisitions, or necessary easements <br /> C Grant funds shall not be expended for the administrative costs of persons directly <br /> employed by the Contractor or for other "soft" costs that are not directly related to the <br /> construction, rehabilitation or acquisition of capital assets <br /> 2. Performance <br /> Contractor shall take such actions, pay such expenses and do all things necessary to complete <br /> the Work specified in Exhibit A in accordance with the schedule for completion set forth therein <br /> and within the terms and conditions of this Agreement. <br /> 3. Fiscal Administration <br /> A Term. The effective date of this Agreement is the date upon which it is executed by the <br /> State (the date stamped in the lower right portion of the Standard Agreement (Std 213) <br /> through September 30, 2018 All funds must be requested by the Contractor by April 30, <br /> 2018 and expended by June 30, 2018 This Agreement shall terminate September 30, <br /> 2018 <br /> B The Contractor shall make any and all request(s)for disbursement no earlier than ninety <br /> (90)days from the anticipated need for the funds, using the forms provided by the State <br /> The forms will be made available at http//www hcd ca qov/hpd/hrpp The Contractor <br /> shall expend the funds within 90 days from the date of receipt from the State, or by June <br /> 30, 2018, whichever occurs earlier and subsequent supporting documentation shall be <br /> submitted to the Department <br /> C Failure to expend contract funds in a timely manner may affect future funding <br /> HRP Program Grant-Round 5 <br /> NOFA Date 10/26/15 <br /> Rev Date 09/19/16 <br /> Prep Date 09/19/16 <br />