Res 1984-023 - Laserfiche WebLink

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4. Contractor shall submit the report of such audit to Department no later than one hundred and twenty (120) days after the termina- tion of this contract. Audits performed under Subsection A of this Section 20 are subject to review and resolution by Department or its authorized representative. B. Notwithstanding Subsection A of this Section 20, Department reserves the right to conduct an annual financial and compliance audit of funds received and performances rendered under this contract. Contractor agrees to permit Department or its authorized representative to audit Contractor's records and to obtain any documents, materials, or information necessary to facilitate such audit. C. Contractor understands and agrees that it shall be liable to Department for any costs disallowed pursuant to financial and compliance audit(s) of funds received under this contract. Contractor further understands and agrees that reimbursement to Department of such disallowed costs shall be paid by Contractor from funds which were not provided or otherwise made available to Contractor under this contract. D. Contractor shall take such action to facilitate the performance of such audit or audits conducted pursuant to this Section 20 as Department may require of Contractor. SECTION 21. SPECIAL CONDITIONS A. Department shall not be liable to Contractor for any costs incurred by Contractor for any activity or project funded under this contract which requires a release of funds and approval of related certification by Department pursuant to Section 5304(f) of the Act and the regulations promulgated there- under at 24 C.F.R. Part 58 (April 12, 1982) until such release is issued in writing by Department and Department has approved the related certification. B. Department shall not be liable to Contractor for any costs incurred by Contractor under this contract until Department has received certification from Contractor that its fiscal control and fund accounting procedures are adequate to assure the proper disbursal of and accounting for funds provided under this contract. Department shall specify the content and form of such certification. C. Contractor shall provide Department with documentation that it has the legal capacity to assume responsibilities under Section 5304(f) of Title Iof the Housing and Community Development Act of 1974, as amended. Contractor shall prepare a written Environmental Assessment on its activities in accordance with 24 C.F.R. Part 58, Subpart F. When the Environmental Assessment is completed, Contractor must follow one of the following two (2) procedures. The first is a Finding of Significant Impact, in which the Request for Release of Funds for the project is an action which may significantly affect the quality of the human environment. If this is the case, Contractor must then prepare an Environmental Impact Statement in accordance with Subpart H or Subpart I of 24 C.F.R. Part 58. The second and more common procedure must be followed for all projects not requiring an Environmental Impact Statement. Contractor in this instance must publish, in the manner prescribed in 24 C.F.R. Sections 58.43 and 58.44, a combined legal notice in a single publication: A Finding of No Significant Impact, and a Notice of Intent to PAGE 9 OF 10