Common use of Expenditure of Funds/Budget Clause in Contracts

Expenditure of Funds/Budget. Primrose shall use the grant proceeds for eligible expenses permitted under the CDBG regulations as set forth in 24 CFR Part 570 and in accordance with the Budget attached hereto as Exhibit “D” and made a part hereof by this reference. The City may require a more detailed budget breakdown than the Budget attached hereto, and Primrose shall provide such supplementary budget information in a timely fashion and in the form and content as may be prescribed by the City. The City may also require changes in line items, or approve other budgetary changes within the total award amount. Any supplementary budget information or budget changes must be approved in writing by the Housing and Community Development Manager and the Housing Director or designee. Expenditures shall be directly attributable to the Project. Primrose shall be responsible for any cost overruns above the grant amount of $47,750.00. Primrose shall not use any CDBG funds for prohibited activities as set forth in 24 CFR §570.207. Notwithstanding anything to the contrary in this Agreement, the City also reserves the right to request and approve documentation supporting any requests for reimbursement to verify the reasonableness and validity of such costs and said Budget may be modified by the City accordingly. Primrose acknowledges and agrees that any funds not used in accordance with permitted CDBG regulations and the Budget must be repaid to the City.

Expenditure of Funds/Budget. Primrose Coalition shall use the grant loan proceeds for eligible expenses permitted under the CDBG regulations regulations, as set forth in 24 CFR Part 570 and in accordance with the Budget attached hereto as Exhibit “DG” and made a part hereof by this reference. The City may require a more detailed budget breakdown than the Budget attached hereto, and Primrose Coalition shall provide such supplementary budget information in a timely fashion and in the form and content as may be prescribed by the City. The City may also require changes in line items, or approve other budgetary changes within the total award amount. Any supplementary budget information or budget changes must be approved in writing by the Housing and Community Development Program Manager and the Housing Director or designee. Expenditures shall be directly attributable to the Project. Primrose Coalition shall be responsible for any cost overruns above the grant amount of over $47,750.00362,600.00. Primrose Coalition shall not use any CDBG funds for prohibited activities as set forth in 24 CFR §570.207. Notwithstanding anything to the contrary in this Agreement, the City also reserves the right to request and approve documentation supporting any requests for reimbursement to verify the reasonableness and validity of such costs and said Budget may be modified by the City accordingly. Primrose Coalition acknowledges and agrees that any funds not used in accordance with this Budget and permitted CDBG regulations and the Budget must be repaid to the City.

Expenditure of Funds/Budget. Primrose JFS shall use the grant proceeds for eligible expenses permitted under the CDBG regulations as set forth in 24 CFR Part 570 and in accordance with the Budget attached hereto as Exhibit “D” and made a part hereof by this reference. The City may require a more detailed budget breakdown than the Budget attached hereto, and Primrose JFS shall provide such supplementary budget information in a timely fashion and in the form and content as may be prescribed by the City. The City may also require changes in line items, or approve other budgetary changes within the total award amount. Any supplementary budget information or budget changes must be approved in writing by the Housing and Community Development Manager and the Housing Director or his designee. Expenditures shall be directly attributable to the Project. Primrose JFS shall be responsible for any cost overruns above the grant amount of $47,750.0038,500.00. Primrose JFS shall not use any CDBG funds for prohibited activities as set forth in 24 CFR §570.207. Notwithstanding anything to the contrary in this Agreement, the City also reserves the right to request and approve documentation supporting any requests for reimbursement to verify the reasonableness and validity of such costs and said Budget may be modified by the City accordingly. Primrose JFS acknowledges and agrees that any funds not used in accordance with permitted CDBG regulations and the Budget must be repaid to the City.

Expenditure of Funds/Budget. Primrose Ministry shall use the grant proceeds for eligible expenses permitted under the CDBG regulations as set forth in 24 CFR Part 570 and in accordance with the Budget attached hereto as Exhibit “D” and made a part hereof by this reference. The City may require a more detailed budget breakdown than the Budget attached hereto, and Primrose Ministry shall provide such supplementary budget information in a timely fashion and in the form and content as may be prescribed by the City. The City may also require changes in line items, or approve other budgetary changes within the total award amount. Any supplementary budget information or budget changes must be approved in writing by the Housing and Community Development Manager and the Housing Director or designee. Expenditures shall be directly attributable to the Project. Primrose Ministry shall be responsible for any cost overruns above the grant amount of $47,750.0065,000.00. Primrose Ministry shall not use any CDBG funds for prohibited activities as set forth in 24 CFR §570.207. Notwithstanding anything to the contrary in this Agreement, the City also reserves the right to request and approve documentation supporting any requests for reimbursement to verify the reasonableness and validity of such costs and said Budget may be modified by the City accordingly. Primrose Ministry acknowledges and agrees that any funds not used in accordance with permitted CDBG regulations and the Budget must be repaid to the City.