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IM1► 1DV -191MM <br />Costs may be incurred when the agency is notified to proceed by the Department of Community <br />Investment. This activity shall commence on January 1, 2017, and shall continue to and include <br />December 31, 2018. All funds unobligated by 12/31/19 and all funds unspent by 1/31/20 will be subject <br />to reprogramming at the option of the City. <br />PROGRAM BUDGET <br />The total CDBG budget for the South Bend Heritage Foundation, Inc. Acquisition/Rehab Activity <br />[17-JC-261 shall not exceed $165,000.00. It is understood that finds can be moved between eligible line <br />items as costs increase or decrease because of market conditions. However, the developer fee cannot exceed <br />12.5% of funds expended, or a maximum of $18,335,00. <br />Construction $ 141,665.00 <br />Lead -Based Paint Evaluation $ 5,000.00 <br />Developer Fee (not to exceed) $ 18,335.00 <br />TOTAL $$ 165000.00 <br />COST CATEGORIES <br />Generally, costs must be necessary, reasonable and directly related to the grant. Please see "Program <br />Budget" above. <br />NON -EXPENDABLE PROPERTY <br />Notwithstanding any provision herein to the contrary, no costs may be incurred for non -expendable property <br />(equipment, furniture, fixtures, etc.) without obtaining prior written approval from the Department of <br />Community Investment. <br />PRIOR APPROVAL <br />Prior written approval from the Department of Community Investment will be required in order to expend <br />funds for cost categories, types of activities, or locations not listed above. Prior written approval must also <br />be obtained for any reductions, deletions, or additions to the approved line item budget. <br />FINANCIAL AND ADMINISTRATIVE REPORTS <br />The Agency shall submit the Reimbursement and Progress Report supplied by the City upon each request <br />for withdrawal of funds (claim). The Agency understands that claims for reimbursement of expenses <br />(goldenrod forms) shall be accompanied by proper documentation (check copies, invoices, staff tirne <br />distributions, etc.). <br />The City reserves the right to refuse any or all claims not properly supported with adequate and proper <br />documentation of claims and activity progress. <br />Appendix I - Scope of Services Page 2 <br />