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1999_0222_packet
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1999_0222_packet
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9/29/2011 3:07:23 PM
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ll ersona 1 ro acquired in whole or in part with grant funds to the Council. at the Council's option, <br /> at no charge. The Council reserves the right to direct appropriate disposition of all personal property, <br /> fired in whole or i n art with grant funds, which has not been expended in performance of the grant <br /> acquired p <br /> project. <br /> During the Grant Period, the Grantee bears the risk of loss of, damage too or destruction of any personal <br /> property acquired with grant funds. No such loss, damage, or destruction shall relieve the Grantee of its <br /> obligations under this agreement. The Grantee agrees to maintain personal property acquired with grant <br /> operating order. I f, during the Project ect Ac tiv i ter Period, any pro)ect personal property is not <br /> funds i n good p � loss the Grantee <br /> used in rforrntng the prod ect} whether bar planned withdrawal., misuse, or casualty , <br /> immediately not; the Council's Grant Manager. Unless otherwise approved bar the Council's Grant <br /> shall ttn�m Y . <br /> e rantce shall remit to the Council 1 a proportional amount of the fair market value of the <br /> Manager, tZ"i itern(s), - <br /> i f an y� determined on the basis s of the proportion of Council grant funds nds used to acquire the <br /> itern(s). <br /> 7.12 Effect of Project Close-out. The Grantee agrees that project close-out does not ire Ufa i i d a tc <br /> in obligations imposed on the Grantee by this agreement. Project close-out does not alter the <br /> continuing g p . <br /> Council's authority to disallow costs and rccover funds on the basis of a later audit or ether review, and <br /> ounc r c Council as a result of later refund. <br /> does not alter the Grantees obligation to return any funds duc to th <br /> corrections, or other transactions. <br /> _ _ � , <br />
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