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17 <br /> 3238974.3 CDBG Loan <br />Agreement <br />subcontractors) to construct the Improvements in accordance with the Accessibility Requirements. The <br />requirements in this Subsection survive repayment of the CDBG Loan. <br />6.15 FINANCIAL MANAGEMENT AND RECORDING SYSTEM. Since Participant is a non-profit <br />organization and not a government agency, the Participant shall comply with OMB Circular A-122, "Cost <br />Principles for Non-Profit Organizations" or OMB Circular A-21, "Cost Principles for Educational Institutions," <br />as applicable, and OMB Circular A-110, "Grants and Agreements with Institutions of Higher Education, <br />Hospitals and Other Non-Profit Organizations," as specified at 24 CFR 570.502(b). All Contractors shall <br />comply with the applicable provisions under OMB Circular A-133, "Audits of States, Local Governments, and <br />Non-profit Organizations." <br />If indirect costs are charged the Participant will develop an indirect cost allocation plan for <br />determining the appropriate Participant’s share of administrative costs and shall submit such plan to the City <br />for approval. <br />6.16 PROGRAM INCOME. In the event that the Participant earns any program income, it shall <br />comply with the requirements set forth in 24 CFR Part 570.504, Subpart J. <br />6.17 REVERSION OF ASSETS. Upon expiration of this Agreement, Participant shall transfer to <br />CITY any unused CDBG funds on hand and any accounts receivable attributable to the use of CDBG Funds <br />in accordance with 24 CFR § 570.503(b)(7). <br />6.18 OFFICE OF MANAGEMENT AND BUDGET STANDARDS. The Participant shall procure all <br />materials, property, or services in accordance with the requirements of 24 CFR 84.40-48. <br />ARTICLE VII <br />MISCELLANEOUS <br />7.1 NOTICES. All notices to be sent pursuant to this Agreement shall be made in writing, and <br />sent to the Parties at their respective addresses specified below or to such other address as a Party may <br />designate by written notice delivered to the other Party in accordance with this Section. All such notices sent <br />by personal delivery shall be deemed delivered upon receipt and all notices sent first class, postage prepaid, <br />return receipt requested shall be deemed delivered five (5) business days after deposit in the United States <br />mail. <br />City:City of San Leandro <br />835 E. 14th Street <br />San Leandro, CA 94577 <br />Attn: Community Development Director <br />Participant:San Leandro Boys And Girls Club, Inc. <br />401 Marina Blvd. <br />San Leandro, CA 94577 <br />Attn: Executive Director <br />246