Laserfiche WebLink
U.S. DEPARTMENT OF THE TREASURY <br />LOCAL ASSISTANCE AND TRIBAL CONSISTENCY FUND <br />AWARD TERMS AND CONDITIONS FOR ELIGIBLE REVENUE SHARING COUNTY GOVERNMENTS <br />1. Payment of Funds. <br />a. Recipient understands that the Department of the Treasury (Treasury) will disburse funds under this award (the <br />award funds) in two tranches, subject to any remedial actions taken pursuant to section 7 or any offsets imposed to <br />satisfy any debt owed pursuant to section 9 of these award terms and conditions. <br />b. In addition to the limitations provided in paragraph (a), payments under this award will be subject to the <br />availability of funding, and, should the provisions of section 605 of the Social Security Act (42 U.S.C. § 805) <br />addressing allocations or recipient eligibility be amended or the amount of the appropriation for implementation of <br />such section be reduced, Treasury may reallocate the amount of the appropriation that remains available and adjust <br />Recipient’s total award amount accordingly. In the event Recipient’s total award amount is reduced, the amount of a <br />second tranche payment may be reduced to account for the receipt of amounts disbursed in the first tranche. <br />c. If eligible revenue sharing county governments other than Recipient decline or do not claim the amounts allocated <br />to them by Treasury from the Local Assistance and Tribal Consistency Fund, Treasury may supplement this award <br />with an additional allocation to Recipient. The amount of this additional allocation will be determined by Treasury <br />in its discretion as provided in section 605 of the Act and will be subject to the limitations provided in paragraphs a <br />and b. <br />d. Any change in an allocation will be deemed an amendment to this award to increase or decrease the total award <br />amount, as applicable, unless, in the case of an increased allocation, Recipient declines the increased total award <br />amount. <br />2. Use of Funds. <br />a. The award funds may be used to cover any cost incurred on or after March 15, 2021, for any governmental <br />purpose other than a lobbying activity, as provided in paragraph b. <br />b. Recipients may not use the award funds directly or indirectly to pay for any personal service, advertisement, <br />telegram, telephone, letter, printed or written matter, or other device, intended or designed to influence in any <br />manner a Member of Congress, a jurisdiction, or an official of any government, to favor, adopt, or oppose, by vote <br />or otherwise, any legislation, law, ratification, policy, or appropriation, whether before or after the introduction of <br />any bill, measure, or resolution proposing such legislation, law, ratification, policy, or appropriation. <br />c. Recipient must expend and account for the funds in accordance with the financial management, procurement, and <br />conflicts of interest standards, laws, policies, and procedures applicable to Recipient’s expenditure of and <br />accounting for its own funds. <br />3. Reporting. Recipient agrees to submit an annual project and expenditure report to Treasury for this award in the form <br />provided by Treasury. Recipient acknowledges total award and expenditure amounts may be publicly disclosed. <br />4. Cost Sharing. Cost sharing or matching funds are not required to be provided by Recipient. <br />5. Compliance with Applicable Law and Regulations. <br />a. Recipient agrees to comply with the requirements of section 605 of the Act and guidance issued by Treasury <br />regarding the Local Assistance and Tribal Consistency Fund program. Recipient acknowledges that the funds <br />constitute federal financial assistance and are subject to federal law applicable to federal financial assistance. <br />Recipient also agrees to comply with all other applicable federal statutes, regulations, and executive orders in the <br />course of its use of the award funds. <br />b. Federal regulations applicable to this award include, without limitation, the following: