Common use of Property Records Clause in Contracts

Property Records. The Subrecipient shall maintain real property inventory records which clearly identify Project properties purchased, improved or sold. Properties retained shall continue to meet eligibility criteria and shall conform with the "changes in use" restrictions specified in 24 CFR Parts 570.503(b)(8).

Appears in 1 contract

Sources: Recipient Contract for Community Development Block Grant Funding or Home Investment Partnership Funding

Property Records. The Subrecipient Sub-Recipient shall maintain real property inventory records records, which clearly identify Project properties purchased, improved improved, or sold. Properties retained shall continue to meet eligibility criteria and shall conform with to the "changes in use" restrictions specified in 24 CFR Parts 570.503(b)(8)570.503 (b) (8), as applicable.

Appears in 1 contract

Sources: Interlocal/Subrecipient Agreement

Property Records. The Subrecipient shall maintain real property inventory records which that clearly identify Project properties purchased, improved or soldsold with CDBG funds. Properties retained shall continue to meet eligibility criteria and shall conform with to the "changes “change in use" restrictions specified in 24 CFR Parts 570.503(b)(8)570/503 (b) (8), as applicable.

Appears in 1 contract

Sources: Capital Improvement Agreement

Property Records. The Subrecipient shall maintain real property inventory records which clearly identify Project properties purchased, improved or sold. Properties retained shall continue to meet eligibility criteria and shall conform with to the "changes in use" restrictions specified in 24 CFR Parts 570.503(b)(857.0503(b)(8).

Appears in 1 contract

Sources: Consulting Services Agreement

Property Records. The Subrecipient shall maintain real property inventory records records, which clearly identify Project properties purchased, improved or sold. Properties purchased with these CDBG funds and retained by the Subrecipient shall continue to meet eligibility criteria and shall conform with the "changes in use" restrictions specified in 24 CFR Parts 570.503(b)(8Section 570.503(b)(7).

Appears in 1 contract

Sources: CDBG Agreement