Agenda - 04-02-1990 - Laserfiche WebLink

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. 5 C. PHA Fiscal Year. 1. The first fiscal year for the Program shall begin on October 18, 1976 (Enter the effective date for the first project listed in Exhibit I of Part I of the CACC. If this date is not entered before the CACC is signed by the PHA, the date may be entered subsequently by HUD, upon written notice by HUD to the PHA. ) The first Fiscal Year for the Program shall end on the last day of the PHA Fiscal Year which ends not less than 12 months, or more than 23 months, after this date. 2. Thereafter, the fiscal year for the Program shall be the 12 month period ending June 30 of each calendar year. (Enter the day and month used as the Fiscal Year ending date for other Section 8 assistance administered by the PHA under an Annual Contributions Contract with HUD. ) 1.3. TERM. A. Exhibit I Projects. For all Projects listed in Exhibit 1, the term of the CACC shall end on August 1, 1992 (Insert last date of CACC term for all Exhibit 1 projects. If this date is not entered before the CACC is signed by the PHA, the date may be entered subsequently by HUD, upon written notice by HUD to the PHA. ) B. Exhibit 11 Projects. For each project listed in Exhibit Ili _ .. 1. Exhibit 11 states the first date and last date of the ACC term for the project. 2. The first date of the ACC term for the project shall be the first day of the month when HUD signs the CACC which adds the project to the Program, or another date as determined by HUD. 3. If the first or last date of the ACC term for the project is not entered before the CACC is signed by the PHA, the date may be entered subsequently by HUD, upon written notice by HUD to the PHA. 4. HUD may revise Exhibit II at any time, upon written notice by HUD to the PHA (a) to add a cost amendment project, or (b) to `remove a project for which the ACC term has expired. ACC Part 1: Page 3 of 6 pages HUD 52520 B (August 1986)