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records relating to any land banked properties must be maintained for 6 years after disposal of <br /> the land banked properties. <br /> • For grantees with ongoing CDBG grants, any real property within the County's control which was <br /> acquired or improved in whole or part using NSP funds in excess of$25,000 is governed by the <br /> principles described in 24 CFR 570.505. <br /> • If any rehabilitated property falls within a flood plain, flood insurance coverage must b <br /> maintained for the continued affordability period for affected property owners. <br /> • Identify below any contingent liabilities subject to payment after the closeout agreeme it is <br /> signed: none <br /> • A total of$0.00 in grant funds has been previously canceled and returned to DEO. <br /> • Indian River County acknowledges the requirement to report program income annually to <br /> DEO/CDBG and will do so by January 31St for the previous calendar year. <br /> DEO maintains the right to conduct future monitoring of this grant, either on site or by review of <br /> information or copies of documents requested from the County. The County acknowledges that a <br /> finding of noncompliance resulting from such a review and failure to take appropriate corrective action <br /> satisfactory to DEO may be taken into account by DEO as evidence of unsatisfactory performance, in <br /> consideration of future grant awards. Further, the County may be required to repay DEO any disallowed <br /> costs based on the review results of a future audit or monitoring. <br /> IN RIVER COUNTY r CQAIMIS•.,, <br /> tt; z* <br /> BY: Peter D. O'Bryan, Chairman _ <br /> AFIR ROVED AS TO F( RM <br /> SI ItF1 <br /> DATED: November 4, 2014 '•�'9y. 'o�� / <br /> •� ER COUt1 "Cl'r � �.... ' <br /> WILLI , K.DEGRAAL- <br /> 0Et UTYCOUNTYA.TTURr,6 <br /> FLORIDA DEPARTMENT OF ECONOMIC OPPORTUNITY <br /> Bob Dennis <br /> Bureau Chief, Community Revitalization <br /> DATED: <br /> Note: Submit 2 originals to DEO for signature. DEO will return 1 original to Sub-grantee. <br /> Page 2 of 2 <br />