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b.. Budget Summary. The attached "budget summary" 'is <br />incorporated herein by reference as Exhibit A. Funds awarded -are <br />to be .expended only for purposes and activities approved by <br />Exhibit A of this agreement. <br />c. Reports and Payment of Funds. The Subgrantee shall <br />submit quarterly financial reports, which outline activity and <br />associated expenditures on forms furnished by the Grantee. <br />Payments to the Subgrantee will be reimbursed on a quarterly basis <br />in accordance with approved expenditure reports submitted by the <br />Subgrantee. <br />d. Recording, Documentation and Retention of Records. <br />The Subgrantee shall provide for and maintain accurate records, <br />documents and files pertaining to this Agreement for a period of <br />three years from the date of conclusion -of the Agreement unless <br />informed by the Grantee that. said records may be disposed of <br />earlier. Access to those records must be provided at reasonable <br />times to the Grantee and to the federal grant agency and their <br />designees. <br />e. Legal Authorization. The Subgrantee certifies with <br />respect to this subgrant that it possesses legal authority to apply <br />for the grant and that the applicant's governing body has <br />authorized the execution and acceptance of the agreement with all <br />understandings and assurances contained herein; and names and <br />authorizes the person to act in connection with this agreement. <br />The Subgrantee acknowledges that the responsibility for <br />complying with the approved subgrant award rests with the recipient <br />Subgrantee and acknowledges that failure to do so may constitute <br />grounds for the recession or suspension of this subgrant and may <br />influence future subgrant awards. <br />IN WITNESS HEREOF, the Grantee and the Subgrantee have <br />executed this Agreement as of the date first written above. <br />FOR THE SUBGRANTEE: FOR THE GRANTEE: <br />STATE OF FLORIDA <br />DEPARTMENT OF COMMUNITY AFFAIRS <br />BY <br />Authorized County Official Secretary <br />Richard N. Bird. Chairman <br />Name/Title Date <br />Board of County Commissioners <br />Indian River County <br />Approved November 16, 1983 ' <br />NOV 16 1983 <br />9 LACE L� <br />