1993-043-RES WHEREAS, the City Council of the City of Paris is desirous of affording fluoridated water to its citizens;

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~ICLB 6. Assurances PERFORMING AGENCY assures that no person will, on the grounds of race, creed, color, disability, national origin, sex, age, political affiliation or beliefs, be excluded from, be denied the benefit of, or be subjected to discrimination under any program or activity funded in whole or in part under this agreement. Incorporated by reference the same as if specifically written herein are the rules, regulations, and all other requirements imposed by law including, but not limited to, compliance with those pertinent rules and regulations of the State of Texas and those of United States agencies providing funds to the State of Texas. . PERFORMING AGENCY assures it will not transfer or assign its interest in this contract without written consent of RECEIVING AGENCY. ARrICLE 7. Standards For Financial ManaaemeD~ PERFORMING AGENCY will develop, implement, and maintain financial management and control systems that meet or exceed the requirements of UGCMA. Those requirements include at a minimum: 1. Financial planning including the development of budgets that adequately reflect all functions and resources necessary to carry out authorized activities and the adequate determination of costs; and, 2. Financial management system including accurate, correct, and complete payroll" accounting, and financial reporting records, cost source documentation, effective internal and budgetary controls, determination of reasonableness, allowability, and allocability of costs, and timely and appropriate audits and resolution of any findings. AR~ICLB 8. Allowable Costs and Audit ReQUirements Only those costs allowable under UGCMA and OMB Circular A-llO, and any revisions thereto, plus any applicable federal cost principles are eligible for reimbursement under this contract. Applicable cost principles and audit requirements are as follows: Applicable COst Principles Audit Requirsments Administrative Requirements A-87, A-2l, A-122, State & Local Governments Educational Institutions Non-Profit Organizations Circular A-128 Circular A-133 Circular A-133 UGCMA OMB Circular A-110 UGCMA To be eligible for reimbursement under this contract, a cost must have been paid within the contract term by PERFORMING AGENCY prior to claiming reimbursement from RECEIVING AGENCY or encumbered by the last day of the contract term and paid no later than 45 days following the completion of installation. Each PERFORMING AGENCY/AUTHORIZED CONTRACTING ENTITY receiving $25,000 or more in total federal/state financial assistance during their fiscal year shall arrange for an agency-wide financial and compliance audit of PERFORMING AGENCY'S/AUTHORIZED CONTRACTING ENTITY'S fiscal year. The audit must be conducted by an independent CPA and must be in accordance with the applicable OMB Circulars and Government Auditing Standards. Procurement of audit services will comply with state procurement procedures, as well as provisions of UGCMA. Within 30 CONTRACTING Division. days of receipt of audit report, PERFORMING AGENCY/AUTHORIZED ENTITY will submit a copy to RECEIVING AGENCY's Internal Audit 6