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3-53-0026-014-2018 <br />This Offer is made on and SUBJECT TO THE FOLLOWING TERMS AND CONDITIONS: <br />CONDITIONS <br />1. Maximum Obligation. The maximum obligation of the United States payable under this Offer is $153,576. <br />The following amounts represent a breakdown of the maximum obligation for the purpose of establishing <br />allowable amounts for any future grant amendment, which may increase the foregoing maximum <br />obligation of the United States under the provisions of 49 U.S.C. § 47108(b): <br />$0 for planning <br />$153,576 airport development or noise program implementation; and, <br />$0 for land acquisition. <br />2. Period of Performance. The period of performance begins on the date the Sponsor formally accepts this <br />agreement. Unless explicitly stated otherwise in an amendment from the FAA, the end date of the period <br />of performance is 4 years (1,460 calendar days) from the date of formal grant acceptance by the Sponsor. <br />The Sponsor may only charge allowable costs for obligations incurred prior to the end date of the period of <br />performance (2 CFR §200.309). Unless the FAA authorizes a written extension, the sponsor must submit all <br />project closeout documentation and liquidate (pay off) all obligations incurred under this award no later <br />than 90 calendar days after the end date of the period of performance (2 CFR §200.343). <br />The period of performance end date does not relieve or reduce Sponsor obligations and assurances that <br />extend beyond the closeout of a grant agreement. <br />3. Ineligible or Unallowable Costs. The Sponsor must not include any costs in the project that the FAA has <br />determined to be ineligible or unallowable. <br />4. Determining the Final Federal Share of Costs. The United States' share of allowable project costs will be <br />made in accordance with the regulations, policies, and procedures of the Secretary. Final determination of <br />the United States' share will be based upon the final audit of the total amount of allowable project costs <br />and settlement will be made for any upward or downward adjustments to the Federal share of costs. <br />S. Completing the Project Without Delay and in Conformance with Requirements. The Sponsor must carry <br />out and complete the project without undue delays and in accordance with this agreement, and the <br />regulations, policies, and procedures of the Secretary. Per 2 CFR § 200.308, the Sponsor agrees to report <br />to the FAA any disengagement from performing the project that exceeds three months. The report must <br />include a reason for the project stoppage. The Sponsor also agrees to comply with the assurances which <br />are part of this agreement. <br />6. Amendments or Withdrawals before Grant Acceptance. The FAA reserves the right to amend or withdraw <br />this offer at any time prior to its acceptance by the Sponsor. <br />7. Offer Expiration Date. This offer will expire and the United States will not be obligated to pay any part of <br />the costs of the project unless this offer has been accepted by the Sponsor on or before September 5, <br />2018, or such subsequent date as may be prescribed in writing by the FAA. <br />8. Improper Use of Federal Funds. The Sponsor must take all steps, including litigation if necessary, to <br />recover Federal funds spent fraudulently, wastefully, or in violation of Federal antitrust statutes, or <br />misused in any other manner for any project upon which Federal funds have been expended. Forthe <br />purposes of this grant agreement, the term "Federal funds" means funds however used or dispersed by <br />the Sponsor, that were originally paid pursuant to this or any other Federal grant agreement. The Sponsor <br />must obtain the approval of the Secretary as to any determination of the amount of the Federal share of <br />such funds. The Sponsor must return the recovered Federal share, including funds recovered by <br />