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Agenda - 08-18-1992
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Agenda - 08-18-1992
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11/8/2017 4:44:08 PM
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BOCC
Date
8/18/1992
Meeting Type
Regular Meeting
Document Type
Agenda
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2. Limit on Total Paymnts for Pr am. The OUR of BUD <br />payments under section 1.4.8 for the Program over the <br />duration of the CACC (including any payments from the <br />CACC reserve account as provided in section 1.4.E) shall <br />not be more than the sun of the budget authority amounts <br />reserved by BUD for the projects in the Program fray <br />amounts authorized and appropriated by the Congress. <br />D.' Reduction of Amount Payable. HIM may reduce the amount <br />payable by BUD for any project or for the Program, and may <br />reduce the amount of the contract authority or budget authority <br />for any project, by giving the PHA written notice of reduction in <br />accordance with section 2.3 of this CACC. The notice by HUD <br />may include a revision of gxh ibits I ar II to state the reduction in <br />the amount of contract authority or budget authority for a project. <br />1S. CACc Reserve Account. A CACC reserve account shall be <br />established and maintained by BUD, in an amount as determined by <br />HUD consistent with its responsibilities under section 8(c)(6) of the <br />u.s. sousing Act of 1937. The c&cc reserve account may be used <br />by'BVD for payment of any portion of the payment approved by <br />BUD under section 1.4.8 for the Fiscal Year. <br />P. separate ACC. BUD's commitment to make payments for each <br />project listed in Exhibit IY shall constitute a separate ACC. <br />1.5 CACC. <br />A. The cACc consists of this cacc Part I (including Exhibits I and <br />XX) and the form ACC Part IX prescribed by HM for the sousing <br />Certificate Program and sousing voucher Program, designated as <br />form sUD 52520 --E, and dated January 1990. These documents <br />constitute the whole CACC for the Program. <br />ACC Part X: Page 5 of 6 pages <br />EIUD 52520 B (August 1988) <br />
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