1981 - 09-29-81 Special Meeting - Laserfiche WebLink

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q 0 B1OK 10 2" Page 3 of 5 pages 3. The allowable costs of the project shall not include any costs determined by the FAA to be ineligible for consideration as to allowability under the Regulations. 4. Payment of the United States share of the allowable project costs will be made pursuant to and in accordance with the provisions of the Regulations. Final determination of the United States share will be based upon the - final audit of the total amount of allowable project costs and settlement will be made for any upward or downward adjustments to the Federal share of costs. The grant closeout requirements will be in accordance with the Regulations. 5. The sponsor shall operate and maintain the airport as provided in the Application for Federal Assistance incorporated herein and specifically covenants and agrees in accordance with its Assurance 20 in Part V of said Application for Federal Assistance, and Section 30 of the Airport and Airway Development Act, as amended, that in its operation and the operation of all facilities thereof, neither it nor any person or organization occupying space or facilities thereon will discriminate against any person by reason of race, color, creed, national origin or sex in the use of the facilities provided for the public on the airport. 6. The FAA reserves the right to amend or withdraw this offer at any time prior to its acceptance by the sponsor. 7. This offer shall expire and the United States shall not be obligated to pay any part of the costs of the project unless this offer has been accepted by the sponsor on or before September 30, 1981, or such subsequent date as may be prescribed in writing by the FAA. 8. It is understood and agreed the sponsor will submit for FAA approval a Minority Business Enterprise Program as required by 49 CFR Part 23 . section 23.41(a) no later than 90 days after the date of this agreement rather than prior to the grant as specified in 23.41(b). All other requirements in Part 23 become effective as applicable upon execution of this grant. 9. It is understood and agreed that if, during the life of the project, FAA determines that the grant amount exceeds the expected needs of the sponsor by $5,000 or 5Y,'of the grant amount, whichever is greater, the grant amount can be reduced by letter from FAA to the sponsor advising of the budget change. Upon issuance of the letter, the maximum obligation of the United States under the grant is reduced to the specified amount. FAA Form 5100-37 Page 3 (8-81)