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2006_0410_Packet
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2006_0410_Packet
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qualification periods, are expended at�d the funded activities completed. Neither the Authority <br />nor the Municipality may te�i�ate or withdraw from this Agreement during that period. <br />This Agreement will be automatically renewed for participation in successive three year <br />qualification periods, unless the Authority or the Municipality provide written notice it elects not <br />to participate in a new qualification period. By the date specified in HUD's urban county <br />qualification notice for the next qualification period, the Authority will notify the Municipality in <br />writing of its right not to participate. <br />Both the Authority and Municipality are required to adopt any amendment to this <br />Agreement incorporating changes necessary to meet the requirements for cooperation <br />agreements set forth in an Urban County Qualification Notice applicable for a subsequent three <br />year urban county qualification period. Failure to adopt the necessary amendment will void the <br />automatic renewal for such qualification period. <br />4. MISCELLANEOUS PROVISIONS <br />A. The CDBG Act and CDBG Regulations are incorporated herein by reference. The <br />HOME Act and HOME Regulations are incorporated herein by reference. <br />B. Nothing in this Agreement shall be construed to prevent or otherwise modify or abrogate <br />the right of the Authority or Municipality to submit individual applications for <br />discretionary funds in the event Ramsey County does not receive designation as an Urban <br />County entity under the CDBG Act <br />C. Nothing in this Agreement shall preclude the Municipality from establishing a Municipal <br />Housing and Redevelopment Authority pursuant to Minnesota Statutes, Chapter 469. <br />
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