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Agreement - Indiana Housing and Community Development Authority - Supplemental Disaster Recovery- Owner Occupied Rehab for Lead
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Agreement - Indiana Housing and Community Development Authority - Supplemental Disaster Recovery- Owner Occupied Rehab for Lead
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4/2/2025 8:15:42 AM
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9/27/2018 9:41:52 AM
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Board of Public Works
Document Type
Contracts
Document Date
9/25/2018
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shall be effected by delivery to the Recipient of a Termination Notice, specifying the extent to which such <br />termination becomes effective. The Recipient shall be compensated for completion of activities properly <br />performed prior to the effective date of termination. The Authority•will not be liable for activities performed <br />after the effective date of termination. <br />(c) Funding Cancellation. When the Executive Director of IHCDA or the Director of the State Budget Agency <br />makes a written determination that f uids are not available to support continuation of performance of this <br />Agreement, the Agreement shall automatically terminatc. Any determination by the Executive Director of <br />MCDA or the Director of the State Budget Agency that hinds are not appropriated or otherwise available to <br />support continuation of performance shall be final and conclusive. <br />(d) Cross -Default. This Agreement may be suspended and/or terminated immediately if the Recipient has <br />committed fraud or has misused or misappropriated funds received under this Agreement or another agreement <br />between the Recipient and IHCDA. In this event IHCDA may de -obligate and/or -re•-distribute all or any <br />portion of this award to another recipient. This section shall survive the termination or expiration of this <br />Agreement. Further, Recipient's breach or default of other agreements or obligations related to the Project <br />shall constitute a material breach of this Agreement. <br />(c) Effect of Termination. Upon expiration or termination of this Agreement for any reason, the Recipient shall <br />transfer to the Authority any unexpended funds on hand and any accounts receivable attributable to the use of <br />the Award. <br />10, Insurance and Indemnification. <br />(a) Insurance. During the Term, the Recipient shall obtain and maintain, at its expense, with an insurer acceptable <br />to IHCDA, comprehensive general liability coverage, including contractual coverage, with minimum liability <br />limits of $500,000 per occurrence and $1,000,000 in the aggregate unless additional coverage is required by <br />IHCDA. The Recipient shall deliver to the IH- DA a certificate of insurance as soon as practicable upon <br />execution of this Agreement evidencing coverage or the IHCDA shall have the right to terminate this <br />Agreement immediately. <br />(b) Indemnification. The Recipient shall indemnify, defend, and hold harmless the IHCDA, its directors, officers, <br />employees, and agents of and from any and all claims, losses, damages, or expenses (including reasonable <br />attorneys' fees) arising out of or in any way related to (a) any breach or alleged breach by the Recipient of any <br />provision of this Agreement or the Application or any material inaccuracy of any representation or warrant <br />made by it herein, (b) any act or omission by the Recipient, its employees, agents, representatives or affiliates, <br />directly or indirectly, related to its performance of this Agreement constituting negligence, recklessness or <br />willful misconduct; and (c) any alleged failure on the part of the Recipient, its employees, agents, <br />representatives or affiliates to comply with any federal, state and local laws and regulations. The Authority <br />shall not provide such indemnification to the Recipient., This subsection shall survive the termination or <br />expiration of this Agreement. <br />11, Notice to Parties. Notice shall be deemed to have been given under this Agreement whenever any notice, <br />statement, or other communication shall be delivered in person, or sent via overnight delivery service maintaining <br />records of receipt to the address below, unless otherwise requested in writing: <br />(a) To the Recipient: <br />City of South Bend <br />227 West Jefferson Avenue- Suite 1400 N <br />South Bend, IN 46601 <br />Attention: RTCDA Award Administrator <br />(b) To the IIICDA: <br />Indiana Housing and Community Development Authority <br />30 South Meridian Street, Suite 900 <br />CDB G-D MY OF SOUTH BEND DTt20R-0 [ 8-003 <br />Page 5 of 24 <br />
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