Res 2024-155 approving funding agreements with Southside Community Center in the amount of $800,000.00 from funds received by the city under the American Rescue Plan

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Subrecipient: Southside Community Center Organization Type: Non-Profit Mailinp,Address: 518 S. Guadalupe St, San Marcos,TX 78666 Award Type & Amount Grant (Grant or Loan): $800,000 Final Funding Spend Down December 31',2026 Date: 1. Time of Performance The Subrecipient shall commence performance of its obligations under this Contract Agreement on August 21, 2024 and complete the Program no later than December 3 I't, 2026, (hereinafter referred to as the"Program Expiration Date"). 2. Method of Payment Payments made by the City of San Marcos to the Subrecipient will be made in the form of both: (1)an advance payment of up to 15% of the total grant contracted amount; and(2)reimbursement for monies already spent on eligible Program costs, as discussed in further detail in Section 7 of this Contract Agreement. Within 30 0 days of receipt of the SLFRF Requisition Form (Exhibit 7),the City of San Marcos will pay out a total of up to 15% of the total grant contracted amount to the Subrecipient. The City of San Marcos shall make reimbursement payments only after the Subrecipient has submitted to the satisfaction of the City of San Marcos adequate documentation confirming the Subrecipient has spent down the advance payment or has verified plans for the immediate use of the funds. All payments are contingent upon Subrecipient's continued compliance with the provisions set forth in this Contract Agreement and any/all SLFRF Rules and Regulations 31 CFR Part 35, OMB Uniform Guidance 2 CFR Part 200,USDT Requirements,the City of San Marcos SLFRF Policies and Procedures, any applicable local, state, and federal laws, and any applicable USDT and/or City of San Marcos policy memo, regulation, communication or guideline, as the same may be amended from time to time. 3. Funding It is expressly understood that in no event will the total funding exceed $800,000 unless otherwise mutually agreed upon in writing by amendment to this Contract Agreement. It is expressly understood that funding is contingent upon the City of San Marcos's receipt of full USDT federal funding and authorization from USDT to use funds in support of the Program. Any reduction in federal funding may result in reduction or elimination Of funding for this Contract Agreement. 4. SLFR Regulations The Subrecipient shall conduct all work funded under this Contract Agreement in compliance with the following: • SLFRF's Rules and Regulations 31 CFR Part 35, as amended from time to time,and all other federal regulations cited herein; • OMB Uniform Guidance 2 CFR Part 200 -Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards; • All applicable local, state, and federal laws; and • Any applicable USDT and/or City of San Marcos Policy Memos, Regulations, Communications, and guidance. 5. Program Description,Program Schedule,and Scope of Work The Subrecipient is responsible for completing the Program in accordance with the approved Program Name, Program Schedule and Scope of Work as outlined in Exhibit I attached hereto and made a part hereof. In any instance where the Program Description,Program Schedule and/or Scope of Work may be in conflict with other terms of this Contract Agreement,the Contract Agreement will prevail. Page 2 of 14 Initials: