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FUNDING AGREEMENT Funding Appro J/Agreement Title I of the HOUSlg and Community Development Act (Public Law 93-383) HI-00515R of 20515R U,S, Department of Housing and Urban Development Office of Community Planning and Development Community Development Block Grant Program 1. Name of Granlee (n shown in Item 5 of Standard Form-424) 3. Grantee', 9-Digit Tax 10 Number 4. Date Use of Funds May Begin City of Clearwater 59-6000289 10/0112002 Sa. Project I Gran1 Number 1 Be. Amoun1 Approved 2. Oran1eo's Complete Addreu (as shown in 11em 5 of Standard Form-4241 B-02-MC-12-0002 $1,027,000,00 5b. Project I Grant Number 2 6b. Amount ApprovM Post Office Box 4748 5c. Proiect I Grant Numbllr 3 6c. Amoun1 Approved Clearwater, FL 33758 Grant Agreement This Grant Agreement between the Department of Housing and Urban Development (HUD) and the above named Grantee is made pursuant to the authority of Title I at the Housing and Community Development Act of 1974, as amended, (42 U.S.C. 5301 et seQ). The Grantee's submissions for Title I assistance. the HUD regulations at 24 CFR Part 570 (as now in effect and as may be amended from time to time). and this Funding Approval, including any special conditions, constitute part of the Agreement. Subject to the provisions of this Grant Agreement, HUD will make the funding assistance specified here available to the Grantee upon execution of the Agreement by the parties. The funding assistance specified in the Funding Approval may be used to pay costs incurred after the date specified in 4 above provided the activities to which such costs are related are carried out in compliance with all applicable requirements. Pre-agreement costs may not be paid with funding assistance specified here unless they are authorized in HUD regulations or approved by waiver and listed in the special conditions to the Funding Approval. The Grantee agrees to assume all of the responSibilities for environmental review, decision making, and actions, as specified and required in regulations issued by the Secretary pursuant to Section 104(g) of Title I and published in 24 CFR Part 58, The Grantee further acknowledges its responSibility for adherence to the Agreement by subrecipient entities to which it makes funding assistance hereu~der available. a. ,Ue I Assistanca for thiS B. Spllclal Cond itions X Ichllck onll) I. nature, name, ti11e, a~e . . . illiam B. Horne II, City Manager 10/16/02 9a. Date HUO Received Subminion: 10. Check One: 07/19/2002 a. Orig.Funding Approval 9b. Date Grantee Notified: b. State-Administered, See 106ldIl1) Nonll X 07/26/2002 b. Amendment c. HUO-Administllred Small Citiel. See 106Id)(2)(BI 9c. Oa1e of S1art of Program Vllar: c. Amendmen1 Number Attached 10/01/2002 d; Indian COBG Programs, Sec 106 la)(1) 11. Amount of Community Dllvelopment Block Grant a. Funds Ro"en/lld For Thi. Grantee FY 02 FY FY e. Surplus Urban Renewal Fund., Sec 1121bl f. Special Purp08e Gran1s, Sec 107 $1,027,000.00 g. loan Guarantell, Sec 10B b. Fund. Now Being Approved c. Reservation To Be CencoUed /1", minus 11 b) HUD Accounting Use Onlv TAC OTI [ffIEITIT 0 0 rn [j ITrmNO' y o V o Project Number ITm l I [ Amount Effective Date F $1,027,000,00 I I 10/01/20021 0 Amount R-02-MC-12-0002 ~ ~ Date Entllrlld PAS Date Entllrlld laCeS Batch Numbllr Amoun1 Trensaction Code Entered by: Verified by: Previous Editions are Obsolete form HUD-7OS2 (4/931 24 CFR 570 Funding Approval and HOME u,s, Department of Housing and Urban Development Investment Partnerships Agreement Office of Community Planning Title" of the National Affordable Housing Act and Development Public reporting burden for this collection of information is estimated to average 1 hour per response, including the time for reviewing instructions, searching existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection of information. This agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless that collection displays a valid OMS control number. The HOME statute imposes a significant number of data collection and reporting requirements. This includes information on assisted properties, on the owners or tenants of the properties, and on other programmatic areas. The information will be used: 1) to assist HOME participants in managing their programs; 2) to track performance of participants in meeting fund commitment and expenditure deadlines; 3) to permit HUD to determine whether each participant meets the HOME statutory income targeting and affordabi/ity requirements; and 4) to permit HUD to determine compliance with other statutory and regulatory program requirements. This data collection is authorized under Tille II of the Cranston-Gonzalez National Affordable Housing Act or related authorities. Access to Federal grant funds is contingent on the reporting of certain project-specific data elements. Records of information collected will be maintained by the recipients of the assistance. Information on activities and expenditures of grant funds is public information and is generally available for disclosure. Recipients are responsible for ensuring confidentiality when public disclosure is not required. OMS Approval No. 2506-0171 (Exp. 11/30/2001) 1. Participant Name and Address City of Clearwater Post Office Box 4748 2. Participant Number M02-MCI2-0230 Clearwater, FL 33758 3. Tax Identification Number 1. CHDO (For deobligations only) 2. Non- CHDO (For deobligations only) b. CHDO Competitive Reallocation or Deobligation 10. Revised Obligation a. Formula Funds b. CHDO Competitive Reallocation 11. Special Conditions (check applicable box) [8JNot applicable DAttached $ $ 12. Date of Obligation (Congressional Release Date) OCT 1 0 2002 7. FY (yyyy) 2002 5. Appropriation Number 86X0205 8. Previous Obligation (Enter "0" for initial FY allocation) a. Formula Funds $ b. Community Housing Development Org. (CHDO) Competitive Reallocation $ 9. Current Transaction (+ or-) a. Formula Funds $ 511,000,00 $ $ $ This Agreement between the Department of Housing and Urban Development (HUD) and the Participating Jurisdiction/Entity is made pursuant to the authority of the Home Investment Partnerships Act (42 U.S.C, 12701 et seq.). The Participating Jurisdiction's /Entity's approved Consolidated Plan submission/Application and the HUD regulations at 24 CFR Part 92 (as now in effect and as may be amended from time to time) and this HOME Investment Partnership Agreement, form HUD-40093, including any special conditions, constitute part of this Agreement. Subject to the provisions of this Agreement, HUD will make the funds for the Fiscal Year specified, available to the Participating Jurisdiction/Entity upon execution of this Agreement by the parties. All funds for the specified Fiscal Year provided by HUD by formula reallocation are covered by this Agreement upon execution of an amendment by HUD, without the Participating Jurisdiction's execution of the amendment or other consent. HUD's payment of funds under this Agreement is subject to the Participating Jurisdiction's/Entity's compliance with HUD's electronic funds transfer and information reporting procedures issued pursuant to 24 CFR 92.502. To the extent authorized by HUD regulations at 24 CFR Part 92, HUD may, by its execution of an amendment, de-obligate funds previously awarded to the Participating Jurisdiction/Entity without the Participating Jurisdiction's/Entity's execution of the amendment or other consent. The Participating Jurisdiction/Entity agrees that funds invested in affordable housing under 24 CFR Part 92 are repayable when the housing no longer qualifies as affordable housing, Repayment shall be made as specified in 24 CFR Part 92. The Participating Jurisdiction agrees to assume all of the responsibility for environmental review, decision making, and actions, as specified and required in regulation at 24 CFR 92.352 and 24 CFR Part 58. 13. For the U.S. Department of HUD (Name and Title of Authorized Official) 14. Si nature 15. Date ary Causey, Acting CPD Director 6. For the Participating Jurisdiction/Entity (Name and Title of Authorized Official) William B. Horne II, City Manager 19. Check one: [8J Initial Agreement 0 Amendment # Page 1 of 1 form HUD-40093 (11/2000)