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Resolution 2023-50
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Resolution 2023-50
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Last modified
3/4/2024 8:29:48 AM
Creation date
9/6/2023 2:12:04 PM
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Template:
City Council Records
Also Known As (aka)
Grant Application (GOCO) Support to Reconstruct Enclave and Sunflower Parks
Meeting Date
9/5/2023
Doc Type
Resolution
Signed Date
9/5/2023
Ord/Res - Year
2023
Ord/Res - Number
50
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DocuSign Envelope ID: 6AB45401-C92D-434B-BF24-A79F34815564 <br />Project undertaken without GOCO's prior written consent shall be deemed a breach of this <br />Agreement, entitling GOCO to all remedies available under this Agreement. As provided in <br />Paragraph 15 of this Agreement, if Grantee determines with reasonable probability that the <br />Project will not or cannot be completed as described in the Project Application and the Project <br />Summary, Grantee shall promptly notify GOCO and shall cooperate with GOCO in good faith to <br />seek a resolution before any further funds are disbursed. <br />5. Grantee Efforts. Grantee agrees to use its best efforts to complete the Project in a timely <br />fashion and consistent with this Agreement described in the Project Application and the Project <br />Summary. <br />6. Approved Budget. Grantee has completed a detailed budget that reflects anticipated <br />sources and uses of funds for the Project, including an accounting of Grantee's anticipated costs <br />associated with elements of the Project, a copy of which is attached and incorporated as <br />Exhibit C ("Budget"). Eligible costs are described in Paragraph 9 of this Agreement. The Project <br />Application contains a budget that may not match the Budget attached as Exhibit C and which, <br />therefore, the parties shall not rely upon. Where discrepancies exist, the Budget in Exhibit C <br />shall control unless the Executive Director or the Executive Director's designee approves an <br />updated version of the Budget in writing. Any such updated version of the Budget shall replace <br />the version of the Budget in Exhibit C. <br />7. Waiver. Prior to the disbursement of funds, the Executive Director in their discretion may <br />waive certain conditions set forth in this Agreement. Anything else to the contrary <br />notwithstanding, the exercise by GOCO staff ("Staff'), the Executive Director, or GOCO of any <br />right or discretion reserved to them under this Agreement shall not be deemed a waiver. <br />Furthermore, no waiver by them under this Agreement shall constitute a waiver of any other <br />requirements, actions, or conditions, nor shall any waiver granted be deemed a continuing <br />waiver. No waiver by the Staff, the Executive Director, or GOCO shall be effective unless in <br />writing executed by them. Additionally, any failure by the Staff, the Executive Director, or <br />GOCO to take any actions as set forth in this Agreement shall have no legal effect on the <br />contractual duties of Grantee. Further, no waiver with respect to this Project, Grant, or <br />Agreement shall constitute a waiver in any other GOCO-funded project. <br />8. Future Funding. This Agreement and the Grant only apply to the Project specifically <br />described in this Agreement. GOCO makes no representations regarding future funding for <br />future phases of the Project, whether or not described in the Project Application, Project <br />Summary, or otherwise. <br />SECTION 2 — GRANT PAYMENT <br />9. Eligible Costs. The Grant and all matching funds, whether cash or in -kind, shall be used <br />only for eligible expenses approved by GOCO in the Budget; these costs are eligible for <br />reimbursement on the basis of costs actually incurred by Grantee. If the Project includes a <br />property acquisition, which may include acquisition of a fee simple interest or any type of <br />easement, the purchase price of the property may not exceed the fair market value of the property <br />as established by an appraisal. <br />Page 3 of 17 <br />Updated 12/2023 <br />
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