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33. Repayment of Investment,Time Limits for Performance, <br /> In the event that the Program is not completed in compliance with the requirements of this Contract Agreement, <br /> whether voluntarily or otherwise, an amount equal to the unused SLFRF funds disbursed for the Program must be <br /> repaid to the City of San Marcos. Any Program assisted with SLFRF funds that does not meet the national <br /> objective as outlined on page I of this Contract Agreement and as outlined in the Scope of Work will require <br /> repayment in full of the SLFRF funds for that Program to the City of San Marcos. <br /> 34. Uniform Administrative Requirements <br /> Subrecipients funded under the SLFRF program must comply with applicable uniform administrative requirements <br /> as described in 2 CFR Part 200. <br /> 35. Subrecipient's Covenants and Agreements <br /> Subrecipient covenants and agrees with the City of San Marcos as follows: <br /> a. All SLFRF funds shall be allocated to units to be occupied by persons or families meeting the income <br /> qualifications required by the SLFRF Rules and Regulations; <br /> b. To complete the program by the program expiration date; <br /> c. To comply with the City of San Marcoss guidance, OMB Uniform Guidance 2 CFR 200, and the <br /> USDT <br /> regulations pertaining to the SLFRF Program, as amended from time to time. <br /> 36. Subrecipient's Representations. <br /> Subrecipient represents to the City of San Marcos as follows: <br /> a. It has no knowledge of any notices or violations of federal or state statutes or regulations or municipal <br /> ordinances or orders, or requirements of any governmental body or authority to whose jurisdiction any <br /> of the real estate making up the SLFRF Program is subject; <br /> b. Its execution, delivery and carrying out of the ten-ns and conditions of the Application and this Contract <br /> Agreement have been duly authorized by an officer with the ability to obligate Subrecipient to this <br /> Agreement and will not conflict with or result in a breach of its Articles of Incorporation or by-laws, or <br /> any vote of members or directors or of the terms or provisions of any existing law, regulation or order <br /> of any court or government body or authority or agreement to which it is a party or by which it is <br /> bound; <br /> c. There has been no material adverse change in its financial condition since the filing of its Application; <br /> d. The representations, warranties and statements of fact of Subrecipient as set forth in the Application <br /> and this Contract Agreement are true, accurate and complete in all material respects as of the date <br /> hereof, <br /> e. It has not failed to provide the City of San Marcos with any material information necessary to make the <br /> representations,warranties, and statements contained herein; and are not misleading, in light of the <br /> circumstances under which they were made; <br /> f. The Subrecipient has duly authorized the officer executing this Contract Agreement to execute, in its <br /> name and on its behalf,this Contract Agreement and all such other documents and instruments as the <br /> City of San Marcos may request in connection therewith; and <br /> g. The Subrecipient has no knowledge of any existing,threatened or pending actions by any person or <br /> governmental authority against it which would have a material adverse effect on its ability to acquire <br /> and complete any necessary construction or renovations to the proposed activity. <br /> 37. Survival of Agreements <br /> All agreements, covenants,representations, and warranties made in the Subrecipient's Application and this <br /> Contract Agreement including Exhibits hereto shall survive the making of any loan hereunder and the termination <br /> of this Contract Agreement. <br /> 38. Events of Default and Pursuit of Remedies <br /> The occurrence of any one or more of the following events shall constitute an Event of Default hereunder: <br /> Page 10 of 14 Initials:_D/-L <br />