Sub-recipient Obligations. The Sub-Recipient agrees to comply with the following obligations prior to receipt of any funds:
Sub-recipient Obligations. As a condition of receiving this sub-award, the Sub-Recipient shall manage and administer construction of the Family Homeless Shelter project, including all required project procurement, design, preparation of plans and specifications for new construction, preparation of bids for construction including green building and accessibility, construction, inspection and completion of the work described in this Agreement. The Sub-Recipient shall complete the activities in a manner satisfactory to the Grantee and consistent with the terms of conditions of this Agreement and applicable Federal statutes and regulations. In addition, the property to be conveyed to Sub-recipient as a part of this Agreement with the address 0000 Xxxxx Xxxxxxxx, Xxxxx, XX shall be subdivided into 2 parcels by the sub-recipient, one of which shall be a parcel for the LMI rental housing which is addressed in a companion sub-recipient Agreement, and one of which shall be for the Family Homeless Shelter. Sub-recipient agrees and understands that both sub-divided parcels shall be deed restricted as set forth in the two sub-recipient Agreements and as required for receipt and use of CDBG-NDR funds. The deed restriction pursuant to this sub-recipient Agreement shall include language approved by the City which includes the requirement that the property and all improvements on the property shall be operated as a Family Homeless Shelter for a twenty (20) year period commencing on the date the Sub-recipient receives certificate of occupancy as a Family Homeless Shelter from the City, and that is consistent with HUD requirements and consistent with the requirements set forth in this sub-recipient Agreement and that the Family Homeless Shelter owner/operator shall be required to provide the City with quarterly performance reports reporting occupancy status during the twenty (20) year period. In addition, any deed related to the property described herein shall contain a right of reversion provision if there is any default of either sub-recipient Agreement by the Sub-recipient. Sub-recipient shall cause any lien or encumbrance Sub-recipient creates with respect to any portion of the real property or improvements to the real property to be expressly subordinate to the Grantee’s right of reversions set forth in this Agreement and any deed related to the real property associated with this Agreement. Once project is completed, sub-recipient shall operate the project as a Family Homeless Shelter consistent...
Sub-recipient Obligations. As a condition of receiving this sub-award, the Sub-Recipient shall manage and administer construction of the Family Homeless Shelter project, including all required project procurement, design, preparation of plans and specifications for new construction, preparation of bids for construction including green building and accessibility, construction, inspection and completion of the work described in this agreement. The Sub-Recipient shall complete the activities in a manner satisfactory to the Grantee and consistent with the terms of conditions of this agreement and applicable Federal statutes and regulations. In addition, the property to be conveyed to YWCA of Minot as a part of this agreement with the address 0000 Xxxxx Xxxxxxxx, Xxxxx, XX be subdivided into 2 parcels by the sub-recipient, one of which will be a parcel for the LMI rental housing which is addressed in a companion sub-recipient agreement, and both parcels shall be deed restricted to Family Homeless Shelter and LMI Rental Housing. Once project is completed, sub-recipient shall operate the project as a Family Homeless Shelter consistent with HUD Emergency Shelter Grant and Continuum of Care program rules and regulations and it is recognized that for the portion of any property which is acquired using CDBG-NDR funds and which is the footprint for the Family Homeless Shelter shall have a restriction on the applicable deed for use of a Family Homeless Shelter. Except as may be referenced in this agreement regarding Program Income, it is acknowledged that method of operation, sources of funds, and any related matters involving operation as Family Homeless Shelter is within the purview of the sub-recipient.
Sub-recipient Obligations. As a condition of receiving this subaward, the Sub-recipient shall manage and administer the multi- family rental project, including all required project procurement, design, preparation of plans and specifications for new construction, preparation of bids for construction including green-building and accessibility, construction, inspection and completion of the work described in this agreement. The Sub- recipient shall complete the activities in a manner satisfactory to the Grantee and consistent with the terms of conditions of this agreement and applicable Federal statutes and regulations. In addition, the property described herein will be subdivided into 3 parcels, one of which will be a parcel for the Park South Phase 2 Project.
Sub-recipient Obligations