RES 034 Draft 01 2012-2014 - Laserfiche WebLink

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Form RD 3570-3 Page 6 N.Not encumber,transfer or dispose of the property or any part thereof,furnished by the Grantor or acquired wholly or in part with Grantor funds without the written consent of the Grantor except as provided in Item H and I;and 0.Not duplicate other Project purposes for which monies have been received,are committed,or are applied to from other sources(public or private). Grantor Agrees That It: A.Will make available to Grantee for the purpose of this Agreement not to exceed$35,200.00 which it will advance to Grantee to meet not to exceed 75.0000 percent of the Project development costs in accordance with the actual needs of Grantee as determined by Grantor. B.Wdl assist Grantee,within available appropriations,with such technical assistance as Grantor deems appropriate in planning the Project and coordinating the plan with local official comprehensive plans for essential community facilities and with any State or area plans for the area in which the project is located. C.At its sole discretion and at any time may give any consent,deferment,subordination,release, satisfaction,or termination of any or all of Grantee's grant obligations,with or without valuable consider- ation, upon such terms and conditions as Grantor may determine to be(1)advisable to further the purpose of the grant or to protect Grantor's financial interest therein and(2)consistent with both the statutory purposes of the grant and the limitations of the statutory authority under which it is made. Termination of This Agreement This Agreement may be terminated for cause in the event of default on the part of the Grantee or for convenience of the Grantor and Grantee prior to the date of completion of the grant purpose.Termination for convenience will occur when both the Grantee and Grantor agree that the continuation of the Project will not produce beneficial results commensurate with the further expenditure of funds. IN WITNESS WHEREOF,Grantee has this day authorized and caused this Agreement to be executed By and attested with its corporate seal affixed(if applicable)by Attest: By dale) UNITED STA S RURAL OUST 0.1 • By ALTSZ M MURA Community. Programs Director (Name) (Title)