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and accounts will be in such fonTI as to pe1111it the Authority to prepare required reports and to pennit the tracing of grant funds and program income to final expenditure. 1. The Authority and the Municipality agree to make available all records and accounts with respect to matters covered by this Agreement at all reasonable times to their respective personnel and duly authorized federal officials. Such records shall be retained as provided by law, but in no event for a period of less than six years from the date of completion of any activity funded under the Act or less than three years from the last receipt of program income resulting from activity implementation. The Authority shall perfonn all audits of the basic grant amounts and resulting program income as required under the Act and Regulations. J. All projects undertaken pursuant to this Agreement shall be subject to home rule charter provisions, assessment, planning, zoning, sanitary, and building laws, ordinances and regulations applicable to the Municipality in which the project is situated. K. The parties further agree that pursuant to 24 CFR 570.501 (b), the Municipality is subject to the same requirements applicable to subrecipients, including a written agreement as set forth in 24 CFR 570.503. L. By executing this Agreement the Municipality understands that it: 1. may not apply for grants from appropriations under the Small Cities or State CDBG Programs for fiscal years during the period in which it participates in the Authority's CDBG program; and 2. may participate in a HOME Program only through the Authority. If Ramsey County does not receive a HOME fonnula allocation, the Municipality may not fonn a HOME consortium with other units of general local govemment. M. Both the Authority and Municipality are obliged to take all actions necessary to assure compliance with Ramsey County's certification required by section 104(b) of Title I of