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Amendment A <br /> EXHIBIT 1 <br /> CITY OF SEATAC, DES MOINES, COVINGTON, AND THE CITY OF TUKWILA <br /> GENERAL REQUIREMENTS <br /> The following additional requirements apply to each exhibit that is part of this Contract and funded with <br /> federal Community Development Block Grant (CDBG) Program funds. <br /> I. ADDITIONAL REOUII2EMENTS— COMPENSATION AND METHOD OF PAYMENT, <br /> A. Municipal Corporations <br /> If the Agency is a municipal corporation, costs for which the Agency requests <br /> reimbursement shall comply with the policies, guidelines and requirements of the United <br /> States Office of Management and Budget (OMB) Circular No. A -87, "Cost Principles For <br /> State, Local and Indian Tribal Governments" and those sections of 24 Code of Federal <br /> Regulations (CFR) Part 85 "Administrative Requirements for Grants and Cooperative <br /> Agreements to State, Local and Federally Recognized Indian Tribal Governments" <br /> identified at 24 CFR 570.502(a) Applicability of Uniform Administrative <br /> Requirements. <br /> B. Not for profit Corporations <br /> If the Agency is a nonprofit corporation, costs for which the Agency requests <br /> reimbursement shall comply with the policies, guidelines and requirements of OMB <br /> Circular No. A -122, "Cost Principles for Non Profit Organizations," and the sections of <br /> 24 CFR Part 84, Uniform Administrative Requirements for Grants and Agreements with <br /> Institutions of Higher Education, Hospitals and Other Non Profit Organizations, <br /> identified at 24 CFR 570.502 (b), Applicability of Uniform Administrative Requirements. <br /> This subsection shall not apply to an agency that is identified in this Contract as a <br /> Community Based Development Organization under 24 CFR §570.204(c)(1). <br /> C. Excess Federal Funds <br /> CDBG funds on hand shall not exceed $5,000 if retained beyond three days unless <br /> written approval is received from the County. Any reimbursement in excess of the <br /> amount required shall be promptly returned to the County. <br /> D. Program Income <br /> The Agency shall report the receipt and expenditure of all CDBG Program Income as <br /> defined in 24 CFR 570.500(a), that is generated under this Contract for the purposes <br /> specified herein or generated through the project(s) funded under this Contract. All <br /> Program Income is to be returned to the County unless the County specifies that it may be <br /> retained by the Agency. If the County authorizes the Agency to retain the Program <br /> Income to continue or benefit a project or projects, the Agency shall comply with all <br /> provisions of the Contract in expending the funds. This duty to repay the County shall not <br /> be diminished or extinguished by the prior termination of the Contract pursuant to <br /> Interlocal Agreement for Minor Home Repair <br />