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CHAPTER <br /> <br /> TERMS AND CONDITIONS UNDERWHICH LOANS ARE MADE <br /> <br /> 5.1 Rehabilitation/Reconstruction Conditions <br /> <br /> The specific terms and conditions with respect to a rehabilitation/replacement loan are <br /> incorporated into the application. The applicant shall agree, and by signing does agree to: <br /> <br />a. Civil Rights: <br /> Comply with ail DHUD requirements with respect to Title VI of the Civil Rights Act of <br /> 1964, to not discriminate on the basis of Color, Religion, Handicap, Faxnilial Status or <br /> Nationai Origin. <br /> <br />b. Cancellation of Loan: <br /> Return of the grant proceeds with no right, interest, or claim in the proceeds, if the loan is <br /> canceled before the rehabilitation/replacement work is started. <br /> <br />c. Use of Proceeds: <br /> Use of loan proceeds only to pay for costs ofmateriais and services necessary to carry out <br /> the rehabilitation/replacement work for which the loan will be approved. <br /> <br />d. Completion of Work: <br /> Assure the rehabilitation/replacement work shail be carried out promptly and efficiently <br /> through written contract but with the prior concurrence of the Program Governing Body. <br /> <br />e. Ineligible Contractors: <br /> Not award any contract for construction to be paid for in whole or in part with the <br /> proceeds of the loan to any contractor appearing on the federal debarment list. <br /> <br />f. Inspection: <br /> Inspection by the City or it's designee of the property, the construction work and all <br /> contracts, materiais, equipment, payrolls, and conditions pertaining to the work. <br /> <br /> 11 <br /> <br /> <br />