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IV. ACTIVITIES <br />COOPERATING UNIT a^'ces that awarded grant funds will be used to undertake and carr\ out, within the <br />terms of this Agreement, certain projects involving one or more of the essential activities eligible for funding under <br />the Act. COUNTY agrees and will assist COOPERATING UNIT in the undertaking of such essential activities by <br />providing the services specified in this Agreement. The parties mutually agree to comply with all applicable <br />requirements of the Act and the Regulations and other relevant Federal and’or Minnesota statutes or regulations in <br />the use of basic grant amounts. Nothing in this Article shall be construed to lessen or abrogate COUNTY’S <br />responsibility to assume all obligations of an applicant under the Act, including the development of the Consolidated <br />Plan, pursuant to 24 CFR Part 91. <br />COOPERATING IFNIT further specifically agrees as follows: <br />A. <br />B <br />E. <br />COOPERATING UNIT w ill, in accord with a COUNTY-established schedule, prepare and provide to <br />COUNTY', in a prescribed form, requests for the use of Community Development Block Grant Funds <br />consistent with this Agreement, program regulations and the Urban Hennepin County Consolidated <br />Plan. <br />COOPERATING UNIT acknowledges that, pursuant to 24 CFR §570.501 (b), it is subject to the same <br />requirements applicable to subrecipients, including the requirement for a written Subrecipient <br />Agreement set forth in 24 CFR §570.503. The Subrecipient Agreement will cover the implementation <br />requirements for each activity funded pursuant to this Agreement and shall be duly executed with and <br />in a form presenbed by COUNTY. <br />COOPERATING UNIT acknowledges that it is subject to the same subrccipicnt requirements stated <br />in paragraph B above in instances where an agency other than itself is undertaking an activity pursuant <br />to this Agreement on behalf of COOPER/\TING UNIT. In such instances, a written Third Party <br />Agreement shall be duly executed between the agency and COOPERATING UNIT in a form <br />prescribed by COUNTY. <br />COOPERA TING UNIT shall implement all activities funded for each annual program pursuant to this <br />Agreement w ithin Twenty Fouf"(2 4 ) Eighteen (18) months of the authorization by HUD to expend <br />the basic grant amount. <br />1 . Funds for all activities not implemented within Twenty Four (2 4 ) Eighteen (18) months shall be <br />transterred to a sep'^rate account for reallocation on a competitive request for proposal basis. <br />2. Limited extensions to thc implementation period extensions may be granted upon request ofUy tn <br />cases where the authorized activity has been initiated and'or subject of a binding contract to <br />proceed. <br />3.If COUNTY' is notified by HUD that it has not met the performance standard for Acdimcly <br />expenditure of funds at 24 CFR 570i902(a) and the COUNTY entitlement grant is reduced by <br />HUD, according to its policy on corrective actions, then the basic grant amount^vOny <br />COOPERATING UNIT that has not met its expenditure goal shall be reduced in ji^^^tnner <br />propgrtionatejo Ae .reduchpnjn the COU^ <br />COOPERATING UNIT will take actions necessary to assist in accomplishing the community <br />development program and housing goals, as contained in the Urban Henneptn County Consolidated <br />Plan. <br />«n-<n&4 %i.^n*'tfTirrwffa ?,i^rrr -r*'.iJtMl