Res 2003-032 - Laserfiche WebLink

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B. Notwithstanding Subsection A of this Section 19, if Company expends less than $300,000 in Federal fi,M'lcial assistance, Company may arrange for the performance of an annual financial statement audit. S 1 audit should include verification as requested on Subsection A.4 of this Section 19. C. Notwithstanding Subsection A of this Section 19, City reserves the right to conduct an annual financial and compliance audit of funds received and performances rendered under this contract. Company agrees to permit City or its authorized representative to audit Company's records and to obtain any documents, materials, or information necessary to facilitate such audit. D. Company understands and agrees that it shall be liable to City for any costs disallowed pursuant to financial and compliance audit(s) of funds received under this contract. Company further understands and agrees that reimbursement to City of such disallowed costs shall be paid by Company from funds which were not provided or otherwise made available to Company under this contract. E. Company shall take such action to facilitate the performance of such audit or audits conducted pursuant to this Section 19 as City may require of Company. SECTION 20. ENVIRONMENTAL CLEARANCE REQUIREMENTS A. Company understands and agrees that by the execution of this contract, City shall assume the responsibilities for environmental review, decision making, and other action that apply to City under Section 5304(f) of the Act, in accordance with and to the extent specified in 24 C.F.R. Part 58. In accordance with Section 58.77(b) of such regulations, Company further understands and agrees that City shall handle inquiries and complaints from persons and agencies seeking redress in relation to environmental reviews Gnl/ered by approved certifications. Funds for budgeted line items provided under this contract may be obligated and expended before the aCTions specified in this Section occur only for the following eligible activities and only for costs incurred after the Date of Execution: 1. The payment of reasonable planning costs related to the project; 2. Environmental studies, including environmental clearance activities required by this Section; and 3. The payment or reimbursement of reasonable project engineering and design costs incurred for this project. C. City shall prepare a written Environmental Assessment of its activities in accordance with 24 C.F.R. Part 58, Subpart E, and the most recent version of the TCF Implementation Manual. City must then follow the steps specified in this subsection to ensure compliance with the National Environmental Policy Act (NEPA). When the Environmental Assessment is completed, City must follow one of the following two 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, City must then prepare an Environmental Impact Statement in accordance with Subpart F or Subpart G 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. City in this instance must publish, in the manner prescribed in 24 C.F.R. Sections 58.43 and 58.45, a combined legal notice in a single publication: A Finding of No ""'lnificant Impact (FONSI) and a Notice of Intent to Request Release of Funds. In the first part of this tice, City certifies that, as a result of the Environmental Assessment, the project is not an action which ,y or will significantly affect the quality of the human environment. City shall then provide the public with at least 15 calendar days to comment on this combined notice following its publication date, unless exceptional circumstances exist as specified in 24 C.F.R. Section 58.46. If no unresolved problems occur, City must then concurrently submit to ORCA the following documents: RLF Contract Page 9