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DocuSign Envelope lD: 2A5377 17 -7667-43CF-852C-24E86D289988 SPECIAL TERMS AND CONDITIONS INTERAGENCY GRANT AGREEMENT FEDERAL FUNDS 11. INSURANCE Each party certifi€s that it is self-insured under the State's or local government self-insurance liability program, and shall be responsible for losses for which il is found liable. 12. ACQUISITION AND DISPOSITION OF ASSETS The Grantee will account for any tangible personal property acquired or improved with this Grant. The use and disposition of real property and equiprnent under this Grant will be in compliance wilh the requirements of all applicable federal law and regulation, including but not limited to 24 CFR part g4 and24 CFR Part 570.489,570^502,570.503,570.504, and 570.505is applicable, which inctude but are not limited to the following: Real property that w€s acquired or improved, in whole or in part, with funds under this Grant in excess of $25,000 shall be used to rneet one of the CDBG national objectives lor ten ('t0) years after the Grant is closed. Anyexceplion must be made wilh COMMERCE approvaland the Grantee will be responsible to pay COMMERCE an amount equal to the current fair market value of lhe property less any portion of the value attributabte to expenditures of non-CDBG funds for acquisilion of or improvement to the property. $uch paymentJrom the disposition of real property acguired with this Grant within ten (10) years of closeout of the Grant shall be treaied as CDBG program lncome. ln cases in which equipment acquired in whole or in part with funds under this Grant is sold, the proceeds will be CDBG Program lncome. 1 3. ENVIROITIMENT.AL REVI EW 9engral Purpose. Housinq Enhancement. and Economic onportunitv Grants Funding in excess of the amount slipulated in Attachment 'g'; - lAiter to lncur Costs, shall not be released to a Grantee by COMMERCE until the following conditions implementing 24 CFR part SB are mel: A. The Grantee must complete an environmental review of the project and make a finding of environmental impact" A notice of this linding must be published along with a notice of the Grantle's intent to request release of funds for the project unless the project ib exempt from the publication requiremenls as descilbed. The Grantee musl allow a sev€n (7) or fifteen (15) day period for public review and comment following publication of the notices unless exempt under the National Environmental Policy Act (NEPA) and the Washington State Environmental Policy Act (SEPA), When this review and comment period expires, the Grantee may, after considering iny comments received, submit a request for release of funds to COMMERCE. Upon raceipf ol ihe request, COMMERCE must allow a fifteen (15) day period for public review and comment. When COMMERCE's public review and comment period expires, COMMERCE may, after considering any comments received, formally notify the Granlee in writing of the release of federal funds for the project. B- This special condilion is satisfied when the Grantee eompletes lhe environmental review and request for relaase of funds from COMMERCE. The special condition is effectively removed on the dale COMMERCE provides the Grantee wilh written notiee of release ol funds. Plannino-Onlv Activities and Public Services Activities Funding shall not be released to a Planning-Only Activities or Public Services Activities recipient until the follolring conditions ara met: The Grantee assures that assisted activities are exempt under NEpA(24 CFR 58.34) and calegorically exempt under SEPA {RCW 43.21C.110). The Grantee further assures that the activities do not come under the purview of any other federal, state, and known local environmental laws, statutes, regulations or executive orders. ln sddition, the Grantee assures il will docurnent, in writing, its determinalion that each activity or project is exempt and meets the conditions specified for such exemption under (NEPA) ?4 CFR 5S.34(3) (for Planning-Onty) or SS.g4(4) (for pubtic Services) and {SEPA) WAC 197-11-800. Page 4