Contract - REAL Services Inc - Aging in Place - Homeowner Rehab Program

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Investment. This activity shall commence on January 1, 2017, and shall continue to and include December 31, 2018. All funds unobligated by 12/31/18 and all funds unspent by 1/31/19 will be subject to reprogramming at the option of the City. PROGRAM BUDGET The total CDBG budget for the REAL Services, Inc. Aging in Place Program (17-JC-31) shall not exceed $150,000.00. It is understood that funds can be moved between eligible line items as costs increase or decrease because of market conditions. However, the developer fee cannot exceed 10.0% of funds expended, or a maximum of $13,636.00. Construction costs $136,360.00 Activity delivery (not to exceed) $ 13,636.00 TOTAL $150,000.00 COST CATEGORIES Generally, costs must be necessary, reasonable and directly related to the grant. In accordance with the Statement of Purpose and Intent, certain eligible cost categories established include: 1) Labor and materials related to housing rehabilitation activities 2) Activity delivery NON -EXPENDABLE PROPERTY Notwithstanding any provision herein to the contrary, no costs may be incurred for non -expendable property (equipment, furniture, fixtures, etc.) without obtaining prior written approval from the Department of Community Investment. PRIOR APPROVAL Prior written approval from the Department of Community Investment will be required in order to expend funds for cost categories, types of activities, or locations not listed above. Prior written approval must also be obtained for any reductions, deletions, or additions to the approved line item budget. FINANCIAL AND ADMINISTRATIVE REPORTS The Agency shall submit the Reimbursement and Progress Report supplied by the City upon each request for withdrawal of funds (claim). The Agency understands that claims for reimbursement of expenses (goldenrod forms) shall be accompanied by proper documentation (check copies, invoices, staff time distributions, etc.). The City reserves the right to refuse any or all claims not properly supported with adequate and proper documentation of claims and activity progress. Appendix I - Scope of Services Page 2