Laserfiche WebLink
CONTRACT DESIGNATING THE CITY OF PLEASANTON <br /> AS A SUB-RECIPIENT OF HOME FUNDS <br /> <br />This AGREEMENT is made and entered into this 6~ day of _~__2003, by and <br />between the CITY OF PLEASANTON, hereina~er called "City," and the COUNTY OF <br />ALAMEDA, hereafter called "County." <br /> <br />WITNESSETH: <br /> <br />WHEREAS the City and County have entered into a Cooperative Agreement to form the <br />Alameda County HOME Consortium to qualify for HOME Investment Partnership Act funds, <br />funded by the U.S. Department of Housing and Urban Development; and <br />WHEREAS the County is the lead agency in the Consortium, designated by HUD as the HOME <br />Participating Jurisdiction; and <br />WHEREAS the City and the County have determined that it is mutually beneficial to have <br />County disburse HOME funds for HOME-eligible activities in City; and <br />WHEREAS the City must be designated a HOME Sub-recipient in order to directly execute <br />contracts for HOME-funded activities; <br /> <br />NOW, THEREFORE, IT IS MUTUALLY AGREED AS FOLLOWS: <br /> <br />l. Upon execution of this Agreement, City shall be designated as a HOME Sub-recipient for <br /> 2003 fiscal year funds for .the purpose of administering HOME-eligible activities in the <br /> City, the funds for which shall be disbursed by the County. The maximum amount of <br /> f'kscal year 2003 HOME funds covered by this agreement shall be $198,010. In the event <br /> that the HOME allocation to the Consortium is reduced by HUD, the City's allocation will <br /> be reduced proportionately. <br /> <br />2. As a sub-recipient, City may contract with other entities to perform HOME-eligible <br /> activities. HOME eligible activities City desires to engage in must be approved by COunty <br /> in advance of any contract being executed. County approval will be evidenced by a project <br /> approval letter to the City. <br /> <br />3. 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. The form of the comract shall be <br /> approved by County in advance of its execution. A copy of all contracts for HOME- <br /> funded activities shall be sent to the County. <br /> <br /> 4. City agrees to abide by uniform administrative requirements stated in 24 CFR Part 92.505. <br /> \'~HCD\VOL 1 'OATA~ItCDqlOME~S UBHOUS~2003 ~uhc~cip agre~ane~.doc <br /> <br /> <br />