Common use of Property Acquisition Clause in Contracts

Property Acquisition. All personal property acquired with funds pursuant to this agreement shall be acquired in compliance with 2 CFR 200.420-200.475. The CONTRACTOR shall obtain approval of the CITY for uses of the property in addition to those described in Exhibit A. Use in other projects shall be limited to those projects or programs that have purposes consistent with the Housing and Community Development Act of 1974 (Public Law 93-383), as amended.

Appears in 2 contracts

Sources: Services Agreement, Agreement for Public Services