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<br />~' <br /> <br />AME.NOME.NT NO. 02 <br />TE.XAS COMMUNI1Y DEVELOPME.NT PROGRAM <br />CONTRACl NO. 0002390~5B5 <br />TE.XAS DE.PARTME.NT OF COMMUNITY AFFAIRS <br />AND <br />C lTY OF PAR IS <br /> <br />STATE. OF TE.XAS ] <br />COUNTY OF TRAVIS ] <br /> <br />SectIon 1. <br /> <br />The Texas Department of CommunIty AffaIrs, an agency of the State of Texas, <br />hereInafter referred to as "Department", and the CIty of ParIs, hereInafter <br />referred to as "Contractor", do hereby contract and agree to amend theIr <br />orIgInal contract, as InItIally executed by the ExecutIve DIrector of <br />Department effectIve AprIl 15, 19B5, through AprIl 14, 19B7, for the <br />performance of rental rehabIlItatIon actIvItIes, <br /> <br />SectIon 2. <br /> <br />The partIes hereto agree to amend the contract IdentIfIed In SectIon 1 above <br />by deletIng In Its entIrety SectIon 19, AudIt, and,replaclng It wIth the <br />followIng: <br /> <br />SectIon 19. AUDIT <br /> <br />A, Unless otherwIse dIrected by Department, Contractor shall arrange for <br />the performance of a fInancIal and complIance audIt of funds receIved <br />under thIs contract, subject to the followIng condItIons and lImitatIons: <br /> <br />1, Contractor shall have an audIt made In accordance wIth the SIngle <br />AudIt Act of 19B4, P,L. 9B-502 (hereInafter referred to as "AudIt Act"), <br />and OMB's CIrcular No, A-12B, "AudIt RequIrements for State and Local <br />Governments," 49 Fed. Reg, 50134 (Dec, 2&, 19B4), for any of Its fIscal <br />years In whIch Contractor receIves more than $100,000 In Federal fInancIal <br />assIstance. For pruposes of thIs SectIon 19, "Federal fInancIal <br />assIstance" means assIstance provIded by a Federal agency In the form of <br />grants, contracts, cooperatIve agreements, loans, loan guarantees, <br />property, Interest subsIdIes, Insurance, or dIrect approprIatIons, but <br />does not Include dIrect Federal cash assIstance to IndIvIduals. It <br />Includes awards receIved dIrectly from Federal agencIes, or Indirectly <br />through other units of State and local governments. <br /> <br />2. Unless otherwIse specIfically authorIzed by Department In wrItIng, <br />Contractor shall submIt the report of such audIt to the U.S. Department of <br />Housln9 and Urban Development (HUD) wIthin thIrty (30) days after the <br />completIon of the audIt, but no later than one year after the end of the <br />audIt period. AudIts performed under thIs SectIon 19 are subject to <br />revlew and resolutIon by the U,S, Department of HousIng and Urban <br />Development (HUD) or Its authorIzed representatIve. ResolutIon of <br />PAGE 1 OF 2 <br /> <br />EXHIBIT A <br /> <br />n I _, '2:> I <br />