Laserfiche WebLink
8. SLFRF Commitment <br /> The City of San Marcos agrees to disburse SURF funds subject to the terms and conditions contained in this <br /> Contract Agreement. Such disbursements shall not, in the aggregate, exceed that amount designated for total <br /> funding listed on page two(2)of this Contract Agreement and as detailed in the Program Budget. In no instance <br /> shall the City of San Marcos be liable for any costs incurred in excess of this commitment(hereinafter referred to as <br /> the"SLFRF commitment"), nor for any unauthorized or ineligible costs. Expenses that are out of compliance with <br /> this Contract Agreement may be determined ineligible and may be subject to repayment and/or recapture by USDT <br /> and/or the City of San Marcos. <br /> 9. Commencement and Duration <br /> The Subrecipient agrees that the Program shall not commence, nor shall any costs be incurred or obligated, prior to <br /> execution of this Contract Agreement unless approved in writing by the City of San Marcos. <br /> The Subrecipient agrees that the Program shall be carried out in accordance with the Project Plan - Milestones <br /> outlined in Exhibit 3 and the Time of Performance identified on page one(1)of this Contract Agreement. <br /> In no event shall funds be obligated or spent after the Program Expiration Date unless approved in writing by the <br /> City of San Marcos. <br /> 10. Drug-Free Workplace <br /> The Subrecipient shall comply with the applicable provisions of the Drug-Free Work Place Act of 1988 (Public <br /> Law 100-690, Title V, Subtitle D; 41 USC § 701 et seq.) and maintain a drug-free work environment; and the final <br /> rule, government-wide requirements for drug-free work place(grants), issued by the Office of Management and <br /> Budget and the Department of Defense(32 CFR part 280, subpart F)to implement the provisions of the Drug-Free <br /> Work Place Act of 1988 is incorporated by reference and the Subrecipient shall comply with the relevant provisions <br /> thereof, including any amendments to the final rule that may hereafter be issued which are made apart of this <br /> Contract Agreement. <br /> 11. Insurance& Bonding <br /> The Subrecipient shall carry sufficient insurance coverage to protect Contract Agreement assets from loss due to <br /> theft, fraud, and/or undue physical damage, and as a minimum shall purchase a blanket fidelity bond covering all <br /> employees in an amount equal to cash advances from the City of San Marcos. Subrecipient shall provide the City of <br /> San Marcos with proof of Commercial General Liability insurance in the amount of one million dollars <br /> ($1,000,000)for each occurrence and One Million Dollars($1,000,000) in the aggregate for bodily injury and <br /> property damage, naming the City of San Marcos, its departments, employees, and/or agents, as additional insureds. <br /> The Subrecipient shall also comply with the bonding and insurance requirements of 2 CFR 200.3 10- Insurance and <br /> 2 CFR 200.326, -Bonding. <br /> 12. The City of San Marcos and USDT Recognition <br /> The Subrecipient agrees to recognize the role of the City of San Marcos and USDT in providing assistance pursuant <br /> to this Contract Agreement by referencing the support provided in all publications and media efforts that relate to <br /> this Program. All activities,facilities and items utilized pursuant to this Contract Agreement shall be prominently <br /> labeled as to this funding source. <br /> 13. Program Income <br /> Program income includes,but is not limited to, income from fees for services performed,the use of rental or real or <br /> personal property acquired under Federal awards and principal and interest on loans made with Federal award <br /> funds. Program income does not include interest earned on advances of Federal funds,rebates, credits, discounts, or <br /> interest on rebates,credits,or discounts. The Subrecipients of SURE funds should calculate, document, and record <br /> the program income. Additional controls that your organization should implement include written policies that <br /> explicitly identify appropriate allocation methods,accounting standards and principles, compliance monitoring <br /> checks for program income calculations,and records. The Subrecipient shall comply with The Uniform Guidance <br /> outlines the requirements that pertain to program income at 2 CFR 200.307. Donations and sponsorships of the <br /> Southside Community Center program not directly related to projects funded by SURE do not count as program <br /> income. <br /> Page 4 of 14 Initials:_D\/_ <br />