06-13-2005 Council Packet - Laserfiche WebLink

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E "Cooperating Unit(s)" means any city or town in Hennepin County that has entered into a cooperation agreement that is identical to this Agreement, as well as Hennepin County, which is a party to each Agreement. F. "HI.T5" means the United States Department of Housing and Urban Development. G. "Metropolitan City*' means any city located in whole or in part in Hennepin County which is certified by HUD to have a population of 50,000 or more people. R “Program ” means the HUD Community Development Block Grant Program as defined under Title I of the Housing and Community Development Act of 1974, as amended. I. "Program Income" means gross income received by the recipient or a subrecipient directly generated from the use of CDBG. J. "Regulations ” means the rules and regulations promulgated pursuant to the Act, including but not limited to 24 CFR Part 570. K. "Urban County” means the entitlement jurisdiction within the provisions of the Act and includes the suburban Hennepin County municipalities which are signatories to this Agreement. II. PURPOSE The purpose of this Agreement is to authorize COUNTY and COOPERATING UNIT to cooperate to undertake, or assist in undertaking, community renewal and lower income housing assistance activities and authorizes COUNTY to cany out these and other eligible activities for the benefit of eligible recipients who reside within the corporate limits of the COOPERATING UNIT which will be funded from annual Community Development Block Grant and HOME appropriations for the Federal Fiscal Years 2006,2007 and 2008 and from any program income generated from the expenditure of such funds. •# III. AGREEMENT The term of this Agreement is for a period commencing on October 1 , 2005 and terminating no sooner than the end of the program year covered by the Consolidated Plan for the basic grant amount for the Fiscal Year 2008, as authorized by HUD, and for such additional time as may be required for the expenditure of funds granted to the County for such period. The COUNTY may notify COOPERATING UNITS prior to the end of the Urban County qualification period that the Agreement will automatically be renewed unless it is terminated in writing by eithe; party. Either the COUNTY or COOPERATING UNIT may exercise the option to terminate the Agreement at the end of the Urban County qualification period. If the COUNTY or COOPERATING UNIT fail to exercise that option, it will not have the opportunity to exercise that option until the end of a subsequent Urban County qualification period. The COLTNTY will notify the COOPERATING UNIT in writing of its right to elect to be excluded by the date specified by HUD. This Agreement must be amended by written agreement of all parties to incorporate any changes necessary to meet the requirements for cooperation agreements set forth in the Urban County Qualification Notice applicable for the year in which the next qualification of the County is scheduled. Failure by either party to adopt such an amendment to the Agreement shall automatically terminate the .Agreement following the expenditure of all CDBG funds allocated for use in the COOPERATING UNIT’S jurisdicnon.