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R-2016-3181 - 1/28/2016 RESOLUTION NO. R-2016-3181 WHEREAS, the City of Round Rock ("City") has previously been awarded grant funding for downtown revitalization, Grant Number B-10-SP-TX-0141, from the U.S. Department of Housing and Urban Development ("HUD"), and WHEREAS, the grant funds were applied toward the Southwest Downtown District Infrastructure Improvements Phase 5A Project, and said Project has been completed, and WHEREAS, in accordance with the grant agreement with HUD, the grant must be closed out with the submission of required close-out documents, and BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK,TEXAS, That the Mayor is hereby authorized and directed to execute on behalf of the City required close-out documents regarding Grant Number B-10-SP-TX-0141, which consists of(1) Certification of Project Completion and (2) Grant Close-Out Agreement, a copy of said documents being attached hereto as Exhibit"A" and incorporated herein. The City Council hereby finds and declares that written notice of the date, hour, place and subject of the meeting at which this Resolution was adopted was posted and that such meeting was open to the public as required by law at all times during which this Resolution and the subject matter hereof were discussed, considered and formally acted upon, all as required by the Open Meetings Act, Chapter 551, Texas Government Code, as amended. RESOLVED this 28th day of January, 2016. ALAN MCGRAW, Mayor City of Round Rock, Texas ATTEST: euv ' 4 SARA L. WHITE, City Clerk 0112.1604;00349921 EXHIBIT „A„ U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT CERTIFICATE OF PROJECT COMPLETION FOR EDI-SPECIAL PROJECT GRANT NO. B-10-SP-TX-0141 The Grantee, City of Round Rock, hereby certifies that: 1) the project as described in the approved application has been performed/completed in accordance with the terms and conditions of the executed Grant Agreement and applicable Grant award statute; 2) all data provided below fairly reflect costs and sources of funds for the project; 3) all data are taken from the HUD approved Financial Status Report and other current related documents; and 4)the Grantee has complied with all the requirements of the Grant Agreement. Description Amounts $ 1) Grant amount per Grant Agreement $500,000 2) Grant amount that meets the allowable and allocable requirements, including the necessary and reasonable$500,000 standard, of OMB Circular A-87 or A-122 3) Cumulative Grant funds drawn down. $500,000 4) Balance available for drawdown. $0.00 (line 2 minus line 3 if greater than zero) 5) Amount to be returned to HUD. $0.00 (line 2 minus line 3 if less than zero) 6) Unused Grant amount to be canceled by HUD $0.00 (line 1 minus line 3 minus line 4 if greater than zero) Name/Title of Grantee Official Signature of Authorizing Grantee Official Date (WARNING: Section 1001, Title 18 of U.S. Code (Criminal Code and Criminal Procedure, 72 Stat. 967) applies to the above statements.) THIS CERTICATE OF PROJECT COMPLETION IS HEREBY APPROVED: Holly A. Kelly Office of Policy Development and Coordinai Closeout Team Name/Title of Authorizing Signature of Authorizing HUD Official Date HUD Program Official U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT GRANT CLOSEOUT AGREEMENT FOR 2010 EDI-SPECIAL PROJECT GRANT NO. B-10-SP-TX-0141 This Agreement, enter into by and between City of Round Rock, Round Rock, TX hereinafter referred to as "Grantee") and the U.S. Department of Housing and Urban Development (hereinafter referred to as "HUD"). 1. Whereas, the Grantee undertook activities with financial assistance in the amount of $500,000 from HUD provided pursuant to the authority of Title 11 of Public Law 111-117 for project no. B-10-SP-TX-0141 hereinafter referred to as "project". 2 Whereas,the Grantee and HUD entered into a Grant Agreement dated Jul. 22, 2011 , as revised by zero amendments, hereinafter referred to as the "Grant Agreement", and; 3. Whereas, the authorized and specified activities which comprise the project have been completed by the Grantee and/or other participating parties, as required by the Grant Agreement, and; 4. Whereas,the Grant Agreement requires compliance with 24 CFR Part 84 or 85, as applicable, which includes requirements continuing after Project completion related to use and disposition of real or personal property purchased with Federal funds, retention of and access to records after close-out dis-allowances of Grant payments, and collection of amounts due; 5. Whereas, the parties hereto desire to close-out the project in reliance upon: 1) Grantee's final progress/performance report including financial data and a performance/narrative report; and 2)the Grantee's Certificate of Project Completion. Now therefore, in consideration of the mutual covenants,promises and representations contained herein, the parties hereto agree as follows: Section A. The Grantee shall continue to comply with the applicable requirements of 24 CFR Part 84 or 85, as applicable, related to the use and disposition of real or personal property purchased with Federal funds, retention of and access to records, after close-out dis-allowances of grant payments, and collection of amounts due. Section B. The Grantee agrees to the Total Grant Amount for the Project, including any reduction in the grant amount caused by a decrease in cost, as indicated on the Grantee's Certificate of Project Completion attached hereto and made a part hereof; Section C. Any excess grant funds drawn by the Grantee, in the amount specified in Line 5 of the Certificate of Project Completion shall have been or shall be returned immediately to HUD under the following repayment terms: not applicable Section D. Any grant funds remaining in the Grantee's Line of Credit account for the referenced Project have been reduced to zero(0)pending any final draw indicated as a positive balance on line 6 of the Certificate of Project Completion. Grantee shall draw down this balance within the following period not applicable or Credit to zero (0) and the Grantee shall have waived its rights to the remaining funding. Section E. Execution of this Agreement shall constitute completion of the Project activities and financial closeout of project costs, except for ongoing requirements described in Section A of this Close-out Agreement. This Close-out Agreement shall be followed as required by the IN directives cited therein and the following additional post close-out requirements shall be followed as committed to in the approved application which was incorporated in the Grant Agreement: not applicable Section F. If any provision of this Agreement is held invalid, such holding shall not affect the validity of the remainder of this Agreement. Section G. If a default occurs under this Agreement or under the Grant Agreement, HUD may at any time proceed to protect all rights available to HUD under this Agreement or under default provisions of the Grant Agreement. Section H. Special Conditions required by this Agreement are attached: not applicable This Grant Close-out Agreement is hereby executed and delivered by the parties hereto on the dates set forth below their respective signatures and the Grantee agrees to abide by all governing regulations as of the date executed by HUD. Grantee's Authorized Official Name: Signature: Title: Date: HUD's Authorized Official Name: Signature: Holly A. Kelly Title: Date: Acting Director