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<br />C. The AGENCY shall admit the COUNTY's property management <br />officer to the AGENCY's premises for the purpose of marking <br />such property, as appropriate, with COUNTY property tags. <br /> <br />D. The AGENCY shall meet the following procedural requirements <br />for all such property: <br /> <br />1) <br /> <br />Property records shall be maintained accurately and <br />provide for: a description of the property; <br />manufacturer's serial number or other identification <br />number; acquisition date and cost; source of the <br />property; percentage of HOME used in the purchase of <br />property; and location, use and condition of the <br />property. <br /> <br />2 ) <br /> <br />A physical inventory of property shall be taken and the <br />results reconciled with the property records at least <br />once every two (2) years to verify the existence, <br />current utilization, and continued need for the <br />property. <br /> <br />3) <br /> <br />A control system shall be in effect to insure adequate <br />safeguards to prevent loss, damage, or theft to the <br />property. Any loss, damage, or theft of the property <br />shall be investigated and fully documented. <br /> <br />4) <br /> <br />Adequate maintenance procedures shall be implemented to <br />keep the property in good condition. <br /> <br />t <br /> <br />12. ACQUISITION AND RELOCATION <br /> <br />The AGENCY must ensure that it has taken all reasonable steps to <br />to minimize the displacement of persons (families, individuals, <br />businesses, non-profit organizations, and farms) as a result of a <br />project assisted with HOME funds in accordance with 24 C.F.R. <br />92.353. Specifically, the AGENCY must comply with the following <br />requirements. <br /> <br />A. Any acquisition of real property for any activity assisted <br />under this Agreement shall comply with Title III of the <br />Federal Uniform Relocation Assistance and Real Property <br />Acquisition policies Act of 1970 (hereinafter referred to as <br />the Uniform Act), 42 U.S.C. §§ 4201-4655 and the Regulations <br />at 24 C.F.R. Part 42 and 49 C.F.R. Part 24. <br /> <br />B. Any displacement of persons, business, non-profit <br />organizations or farms occurring as the result of acquisition <br />of real property assisted under this Agreement shall comply <br />with Title II of the Uniform Act and the Regulations at 24 <br />C.F.R. Part 42. The AGENCY shall comply with the regulations <br />pertaining to costs of relocation and written policies, as <br />specified by 24 C.F.R. Section 570.602(c) and (d). <br /> <br />13. HISTORIC PRESERVATION <br /> <br />Page -15- <br />