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J. Deductibles and Self -Insured Retention — Any and all deductibles or self -insured <br />retentions in excess of $10,000 shall be declared to and approved by COUNTY's Risk <br />Management. <br />K. Failure to Procure Coverage — In the event that any policy of insurance. required <br />under this contract does not comply with the requirements, is not procured, or is canceled and not <br />replaced, COUNTY has the right but not the obligation or duty to cancel the contract or obtain <br />insurance if it deems necessary and any premiums paid by COUNTY will be promptly <br />reimbursed by SUBRECIPIENT or COUNTY payments to Subrecipient will be reduced to pay <br />for COUNTY -purchased insurance. <br />Section 6. Compliance with Federal Laws. Subrecipient shall comply with the <br />requirements of Title 24 of the Code of Federal Regulations, Part 570 (the U.S. Housing and <br />Urban Development regulations concerning CDBG grants including subpart K of these <br />regulations, except that (1) Subrecipient does not assume City's environmental responsibilities <br />described in 24 CFR 570.604. and (2) Subrecipient does not assume City's responsibility for <br />initiating the review process under the provision of 24 CFR Part 52. Subrecipient also shall <br />comply with all other applicable Federal, state, and local laws, regulations, and policies <br />governing the funds provided under this Agreement. Subrecipient further shall utilize funds <br />available under this Agreement to supplement rather than supplant funds otherwise available. <br />Section 7. Procurement. <br />A. Compliance. Subrecipient shall comply with current City policy concerning the <br />purchase of equipment and shall maintain inventory records of all non -expendable personal <br />property as by such policy as may be procured with funds provided herein. All Program assets <br />(unexpended program income, property, equipment, etc.) shall revert to City upon termination of <br />this Agreement. <br />B. Uniform Administrative Requirements. Unless specified otherwise in this <br />Agreement, Subrecipient shall procure all materials, property, or services in accordance with the <br />requirements of 24 CFR 84.40-48. <br />C. Use of Funds for Entertainment, Meals, Gifts, or Fundraising Activities. <br />Subrecipient shall not use funds provided pursuant to this Agreement to pay for entertainment, <br />meals, gifts or fundraising activities. <br />D. Travel. Subrecipient shall obtain written approval from City for any travel outside <br />of the City of Redlands with funds provided under this Agreement. <br />Section 8. Use and Reversion of Assets. The use and disposition of real property and <br />equipment under this Agreement shall be in compliance with the requirements of 24 CFR Part 84 <br />and 24 CFR 570.502. 570.503, and 570.504, as applicable, which include but are not limited to <br />the following: <br />A. Subrecipient shall transfer to City any Program funds on hand and any accounts <br />receivable attributable to the use of funds under this Agreement at the time of expiration, <br />cancellation, or termination. <br />Page 7 of 14 <br />