1990-09-10 Public Hearing and Regular Meeting

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• the Harris County Community Development Agency, may by written agreement agree to reallocate funds among the various line items or to new 1#.ne items in the Project Budget attached hereto as Exhibit "s". zu. PROJECT COSTS For and in consideration of the construction of the Project as herein set forth, the county agrees to fund project costs not to exceed the total sum of Four Hundred Eighty-five Thousand and No/100 Dollars ($485,000.00} as set forth in the Budget for CDBG gunds attached hereto as Exhibit "B," which shall be in full and total compensation for payment of all expenses allowed under this contract and the Grant Agreement with HUD. The County shall not ba liable far the payment of expenses or casts which are not allowable under the terms of this Agreement and the Grant Agreement with HUD. IV. SOURCE CF FUNDING The County has no County funds far the costs of goodst and services to be rendered under this agreement. It is expressly agreed and understood that this agreement is predicated upon and conditioned on the County receiving funds far the purpose of paying the entire obligation of the County under this agreement from funds to be received from the U. S. Department of Housing and Urban Dev~alapment, by virtue of Grant Nos. B-88-UC-4s-0002, 8-89-Uc~48-0002 and B-90-UC~ 48-0002, entitled Community Development Block Grants. Accordingly, notwithstanding anything herein to the contrary, the maximum liability oP the County under the terms and provisions of this agreement shall not exceed $485,000.00 or the amount actually received by the County Prcm h"UD pursuant to the Block Grants. The City admits knowledge of the fact that the County~s obligation hereunder for payment of compensation and cots, if any, is limited to r^edaral funds received pursuant to the Grant Agreement in connection with the Community Development Block Grant Program of the U. S. Department of Housing and Urban Development, and that unless and until adequate funds have been received by the County under the Grant agreement to pay the City~s compensation and expense reimbursement, the county shall have no obligation to the City. 3