Common use of PROGRAM-GENERATED INCOME Clause in Contracts

PROGRAM-GENERATED INCOME. All income earned by the SUBRECIPIENT from activities financed in whole or in part by funds provided hereunder must be reported to FAH. Such income would include, but not be limited to, income from service fees, sale of commodities, and rental or usage fees. The SUBRECIPIENT shall report its plan to utilize such income to FAH, and said plan shall require the prior written approval of the FAH Department or designee. Accounting and disbursement of such income shall comply with OMB Circular A-110 (Uniform Administrative Requirement for Federal Grants) and other applicable regulations incorporated herein by reference. In addition to the foregoing, Program Income, as defined by 24 CFR 570.500(a) for CDBG funds may be retained by the City of Naples. Program Income shall be utilized to undertake activities specified in the One-Year Action Plan pertaining to the City of Naples project (s) and all provisions of this Agreement shall apply to said activities. Any Program Income on hand at or received by the SUBRECIPIENT or its sub-contractors after the expiration of this Agreement shall be returned to the County no later than thirty (30) days after such expiration, subject to any SUBRECIPIENT requests to utilize uncommitted funds.

PROGRAM-GENERATED INCOME. All income earned by the SUBRECIPIENT from activities financed in whole or in part by funds provided hereunder must be reported to FAHHousing & Grants. Such income would include, but not be limited to, income from service fees, sale of commodities, and rental or usage fees. The SUBRECIPIENT shall report its plan to utilize such income to FAHHousing & Grants, and said plan shall require the prior written approval of the FAH Department OSH Section or designee. Accounting and disbursement of such income shall comply with OMB Circular A-110 (Uniform Administrative Requirement for Federal Grants) and other applicable regulations incorporated herein by reference. In addition to the foregoing, Program Income, as defined by 24 CFR 570.500(a) for CDBG funds may be retained by the City of NaplesAgency. Program Income shall be utilized to undertake activities specified in the One-Year Action Plan pertaining to the City “Exhibit A” of Naples project (s) this Agreement, and all provisions of this Agreement shall apply to said stated activities. Any Program Income on hand at or received by the SUBRECIPIENT or its sub-contractors after the expiration of this Agreement shall be returned to the County no later than thirty (30) days after such expiration, subject to any SUBRECIPIENT requests to utilize uncommitted funds.

PROGRAM-GENERATED INCOME. All income earned by the SUBRECIPIENT from activities financed in whole or in part by funds provided hereunder must be reported to FAHHHS. Such income would include, but not be limited to, income from service fees, sale of commodities, and rental or usage fees. The SUBRECIPIENT shall report its plan to utilize such income to FAHHHS, and said plan shall require the prior written approval of the FAH HHS Department or designee. Accounting and disbursement of such income shall comply with OMB Circular A-110 (Uniform Administrative Requirement for Federal Grants) and other applicable regulations incorporated herein by reference. In addition to the foregoing, Program Income, as defined by 24 CFR 570.500(a) for CDBG funds may be retained by the City of NaplesCOUNTY. Program Income shall be utilized to undertake activities specified in the One-Year Action Plan pertaining to the City “Exhibit A” of Naples project (s) this Agreement, and all provisions of this Agreement shall apply to said stated activities. Any Program Income on hand at or received by the SUBRECIPIENT or its sub-contractors after the expiration of this Agreement shall be returned to the County COUNTY no later than thirty (30) days after such expiration, subject to any SUBRECIPIENT requests to utilize uncommitted funds.