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<br />,. <br /> <br />TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS <br /> <br />CONTRACT FOR <br /> <br />COMMUNITY DEVELOPMENT PROGRAMS <br /> <br />STATE OF TEXAS] <br />COUNTY OF TRAVIS <br /> <br />SECTION 1 <br /> <br />PARTIES TO CONTRACT <br /> <br />This contract and agreement is made and entered into by and between the Texas Department of <br />Housing and Community Affairs, an agency of the State of Texas, hereinafter referred to as <br />"Department", and the City of Paris, hereinafter referred to as "Contractor". The parties hereto have <br />severally and collectively agreed and by the execution hereof are bound to the mutual obligations and <br />to the performance and accomplishment of the tasks described herein. <br /> <br />SECTION 2. <br /> <br />CONTRACT PERIOD <br /> <br />This contract and agreement shall commence on May 8,2001, and shall terminate on May 7,2003, <br />unless otherwise specifically provided by the terms of this contract. <br /> <br />SECTION 3. <br /> <br />CONTRACTOR PERFORMANCE <br /> <br />Contractor shall conduct, in a satisfactory manner as determined by Department, a community <br />development program, hereinafter sometimes referred to as CDBG, in a non-entitlement area under <br />Title I of the Housing and Community Development Act of 1974, as amended (42 U.S.C. Sec. 5301 et <br />seq.), hereinafter referred to as the Act. Contractor shall perform all activities in accordance with the <br />terms of the Performance Statement, hereinafter referred to as Exhibit A; the Budget, hereinafter <br />referred to as Exhibit B; the Project Implementation Schedule, hereinafter referred to as Exhibit C; the <br />Applicable Laws and Regulations, hereinafter referred to as Exhibit D; the Certifications, hereinafter <br />referred to as Exhibit E; the assurances, certifications, and all other statements made by Contractor in <br />its application for the project funded under this contract; and with all other terms, provisions, and <br />requirements set forth in this contract. <br /> <br />SECTION 4. <br /> <br />DEPARTMENT OBLIGATIONS <br /> <br />A. Measure of Liabilitv <br /> <br />In consideration of full and satisfactory performance of the activities referred to in Section 3 of this <br />contract, Department shall be liable for actual and reasonable costs incurred by Contractor during the <br />contract period for performances rendered under this contract by Contractor, subject to the limitations <br />set forth in this Section 4. <br /> <br />1. It is expressly understood and agreed by the parties hereto that Department's obligations <br />under this Section 4 are contingent upon the actual receipt of adequate state or federal funds to <br />meet Department's liabilities under this contract. If adequate funds are not available to make <br />payments under this contract, Department shall notify Contractor in writing within a reasonable <br />time after such fact is determined. Department shall terminate this contract and will not be liable <br />for failure to make payments to Contractor under this contract. <br /> <br />Page 1 of 12 <br /> <br />C}{HIB1T A <br />