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57-79 RESOLUTION
t RESOLUTION NO. A RESOLUTION AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE A GRANT AGREEMENT WITH THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT FOR 1979 COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS. MICROFILMED DATE AUG a 1979 REEL BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF FAYETTEVILLE, ARKANSAS: That the Mayor and City Clerk are hereby authorized and directed to execute a Grant Agreement with the Department of Housing and Development for 1979 Community Development Block Grant Funds. A copy of the Grant Agreement authorized for execution hereby is attached hereto marked "Exhbit A" and made a part hereof. PASSED AND APPROVED this /1/9441"day of 9,��,h¢� 1979. "=_ 0,:t\ o � -t• ^` ATTEST 'o ^ 1 �� c ned•Lt t 1LERK APPROVED: V MAYOR • e qa' ••:<'10-'•- °` ....,?rte Y _ ♦ i Cr. •� • r 'af; ,,Y • _ - FNHIBIT A Pr.vloa, Editions or. Obsolete 1 U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT COMMUNITY DEV)=LOPMENT BLOCK GRANT PROGRAM FUNDING APPROVAL UNDER TITLE I OF THE HOUSING AND COMMUNITY DEVELOPMENT ACT OF 1974 (Public Low 93-383), AS AMENDED 1. NAME OF APPLICANT City of Fayetteville, Arkansas 2. APPLICATION/GRANT NO. B-79—MC-05-0001 3. APPLICANT'S ADDRESS (Include Street, City, County, State and Zip Code) 4. DATE OF APPLICATION 214/79 5. DATE OF HUD RECEIPT OF APPLICATION 1/29/79 P.O. Drawer F 6. ©Original Funding Approval Fayetteville, Washington County, f—I Amendment. Amendment No. Arkaneas 77701. All section references below are to the Housing and Community Development Act of 1974 as amended, unless otherwise indicated. 7. CATEGORY (Check a, [X] OF COMMUNITY DEVELOPMENT only one) Metropolitan Entitlement (Sec. BLOCK. GRANT FOR THIS FUNDING ACTION 106) b. Metropolitan Discretionary (Sec. 106) c. j Non -Metropolitan Entitlement d, ❑ Non -Metropolitan Discretionary e. ❑ Secretary's Discretionary (Sec. 1. P1 Categorical Program Settlement , (Sec. 106) (Sec. 106) 107) Grants (Sec. 103(b)) • 8. AMOUNT OF COMMUNITY DEVELOPMENT a. Amount of CDBG Funds Currently BLOCK GRANT FUNDS APPROVED Reserved for this Applicant $ 666,000 b. Amount of CDBG Funds Now Being Approved for this Applicant -$ 666.000 c. Amount of Reservation to be Cancelled (Line 8a minus 8b) • $ —0— HUD ACCOUNTING USE ONLY BATCH TAC RRC Y A REG AREA DOCUMENT NO PROJECT NUMBER - S I I 176 70821 1 4 9 12 13 14 16 18 23 30 35 CATEGORY AMOUNT EFFECTIVEOATE F AMOUNT2 SCHEDULE NO. 1111 1 1 1 1 III e - 41 .S 50 sA 60 e1 85 70 74 79 9. DISTRIBUTION OF APPROVED COMMUNITY DEVELOPMENT BLOCK GRANT Grant Amount Budgeted by Locality for Repayment of Urban Renewal Loans $ —O— a. b. Grant Amount.Withheld for Payment of Principal and Interest an Loans Guaranteed Pursuant to Sec. 108 . S —0— c. Grant Amount Deducted by HUD to Settle Outstanding Urban Renewal Loans 112(a)(1)) $ —0— (Sec. d. Sum lines 9a, 96, and 9c $ —0— of Amount of Approved CDBG Available for Disbursement (Line 8b minus 9d) S 666,000 e. Pr.vloa, Editions or. Obsolete 1 e 10.; AMOUNT OF SURPLUS URBAN RENEWAL FUNDS APPROVED AND BALANCE AVAILABLE (Sec. 112(b)) a. Amount of Surplus U.R. Funds Reserved for this Applicant $ 1 57R 1S b. Amount of Surplus U.R. Funds Now Being Approved $ —0— c. Balance of Surplus U.R. Funds Available for Future Use (Line 10a minus 101,) $ 1,578.15 HUD ACCOUNTING USE ONLY REG PROJECT NUMBER - S BATCH TACI R Y yaREP4 UME T �Wy 153 176 AA i 082 i 1 2 9 12 13 14 16 18 2; 30 35 CATEGOR AMOUNT 1 EFFECTIVE DAT F AMOUNT 2 SCHEDULE NO. • 41 45 50 54 60 61 65 70 74 79 11. MAXIMUM AMOUNT OF LOAN GUARANTEE COMMITMENT AVAILABLE AND AMOUNT NOW BEING APPROVED a. Applicant's Latest Entitlement Amount — $ x 3 $ N/A .b. Grant Amount Required by HUD to be Applied to Urban Renewal Loans $ c. Amount of Outstanding Loans (Including Principal and Interest Thereon) Guaranteed Pursuant to Section 108 $ d. Amount of Outstanding Loan Guarantee Commitments Approved Pursuant to Section 108 $ e. Maximum Amount of Loan Guarantee Commitment Available (Line Ila minus Ilb, 11c, and 11d) $ f: Amount of Loan Guarantee Commitment Now Being Approved $ 12. RECIPIENT OF LOAN GUARANTEE (Check Applicable Box) N/A a ❑ Applicant Identified in Block No. 1 N/A b ❑ Public Agency Designated by Applicant as Grantee to Receive Loan Guarantee (Name and Address) • . u, 1 n_70A9 !8_781 Art , 113. Waiver of Certain Application Requirements for Section 106 Grants I • 4 • ❑ The application requirements of Section 104(a)(1), (2) and (3) are waived pursuant to Section 104(bX3), except 1 as indicated below: N/A a* 14. Determination Regarding Particularly Urgent Needs to be Met by Proposed Activities .0 HUD has determined that the activities described in the application as supporting community development needs 1 having a particular urgency, as specifically described in the application, are designed to meet such needs. N/A 15. Environmental Review Actions (a) ❑ 1 (b) 2 r The Applicant lacks legal capacity to assume environmental responsibilities under Section 104(h). HUD has prepared and circulated a final Environmental Impact Statement on the application. The Applicant has legal capacity to assume environmental responsibilities under Section 104(h) and has submitted requests for release of funds and certifications approved by. HUD under Section 104(h)(2) for all projects which are subject to the environmental review requirements of 24 CFR Part 58 and require HUD release of funds, except those listed under Item 16(a) hereof. 16. Conditional Approvals on Use of Funds The obligation or utilization of funds for the activities shown below, except as provided under subsection (a), is pro- hibited without the further express written authorization of HUD. (a) Projects requiring HUD written release of funds under Section 104(h)(2): (However, fiords may be obligated or utilized for: (1) the payment of reasonable administrative costs related to the planning and execution of projects listed in this subsection and (2) other related activities specified under 24 CFR 58.21 as exempt from environ- mental review requirements, including eligible planning, design, and environmental activities.) Rehabilitation Shelter for Victims Senior Center Jefferson Park Walker Park Washington Street Huntsville — Rock Morningside Drive Sherman and Fifth Seventh Street of Domestic violence Sidewalk Sidewalk Sewer Streets • • • HUD -7082 (8-7B) V a Sec. 105 (a) (8) public services determined necessary or appropriate for which other Federal assistance may be available: N/A (c) Sec. 105 (a) (2) flood or drainage facilities for which other Federal assistance may be available: 1 N/A • • . (d) Any activities within the preceding categories which will be undertaken as a result of program amendments, or as unspecified local option activities. Activities affected by failure. to comply with applicable HUD regulations or law: (The specific regulation or law with respect to each activity listed, and the corrective actions required to remove the conditional approval, are cited as Special Conditions in Item 18.) (e) None 17. Ineligible Activities Reducing Section 106 Grant Entitlement 1 Application for funding of the following proposed activities, determined by HUD to be ineligible under Title I of the Act, is disapproved and the Applicant's Sec. 106 grant entitlement has been reduced in the amount . shown below: Proposed Activity Amount None Total: • HUD -7082 (8-78) Special Conditions and Modifications of Grant Agreement 1. Notwithstanding any other provisions of this Grant Agreement, the City of Fayetteville, Arkansas, shall repay the total sum of $257,496.27 (which represents previous ineligible expenditures for streets, sidewalks, and drainage) to the City's Community Development Block Grant Account in accordance with the Schedule set forth in the Agreement between the City of Fayetteville and the U.S. Department of Housing and Urban Development dated March 2, 1979. These previous ineligible expenditures for streets, sidewalks, and drainage constitute substantial evidence of noncomplRance with the Housing and Community Development Act of 1974 as amended, Title 24 Code of Federal Regulations part 570, and other applicable laws and regulations as set forth in the monitoring letters to the City from HUD for CDBG years 1975, 1976, and 1977. Accordingly, written evidence, satisfactory to HUD, reflecting the deposit of each repayment installment, shall be submitted to the Little Rock Area Office of HUD within five calendar days of the deposit of each respective repayment installment into the City's Community Development Block Grant Account. Failure to wake any repayment deposits in accordance with the provisions of the Agreement dated March 2, 1979, between the City and HUD, or failure to submit written evidence reflecting the deposit of each repayment installment, shall constitute substantial evidence of a lack of a continuing capacity by the City to carry out the CDBG program in a timely manner and shall be cause for HUD to reduce this entire Grant, pursuant to Title 24 Code of Federal Regulations, Section 570.910(b)(10). Check if continued on extra sheet and attach. The funding approval indicated above for utilization of the assistance provided thereunder in accordance with the approved application, subject to the requirements of Title 1 of the Housing and Community Development Act of 1974 (P.L. 93-383), as amended, and the Department of Housing and Urban Development's rules and regulations, and the execution of a Grant Agree- ment in accordance therewith, is hereby authorized for the program year beginning on 1 5 JUN 1979 • Secretary of Housi g and Urban Development By: ($igrfature Area Manager (Title) Date Applicant notified that funding has been authorized: s 1 2 JUN 1979 HUD -7082 (8-72) Attachment • 18. Special Conditions and Modifications of Grant Agreement (continued) 2. Notwithstanding any other provision of the Grant Agreement, the grant approval is conditioned subject to the requirement that, within 60 days after publication for effect of HUD regulations implementing the 1978 amendment to the "expected to reside" provisions of Section 104(a) of the Housing and Community Development Act of 1974, as amended, the grantee shall submit any amendments to the Housing Assistance Plan which may be necessary to conform to such regulations. Failure to comply with this requirement shall be cause for HUD to restrict further obligations or expenditures by the grantee until the Housing Assistance Plan is in conformance with such regulations, as determined by HUD; to reduce the balance of the FY 1979 grant down to zero pursuant to §570.910(b)(10) of the regulations; and to reduce the FY 1980 grant pursuant to 9570.911 by the amount of FY 1979 funds expended. • • • • • ACCEPTANCE PROVISIONS The Grant Agreement, authorized by the Department of Housing and Urban Development on under the Funding Approval for application/grant number B-79—MC-05-0001 is hereby accepted by the Applicant as Grantee under the Agreement; and the Applicant/Grantee agrees to comply, and to accept responsibility for compliance by any public agency designated as Grantee to receive loan guarantee assistance and by any public or private non-profit entity, local development corporation, or small business investment corporation carrying out grant activity on behalf of the applicant, with the terms and conditions of the Agreement, applicable law, regulations and all requirements of HUD, now or hereafter in effect, pertaining to the assistance provided. • t City of Fayetteville Arkancac'.•' (Name ojApplicant/Grantee).' i ''i i• r (Signature of Authorized Official) It By: Mayor (Title) 6-19-79 (Date) • • • HUD -7082 (8-78) -4 • U. S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT GRANT AGREEMENT COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM Upon execution of the Acceptance Provisions of this Grant Agreement, the Department of Housing and Urban Development (HUD) agrees to pro- • vide to the Grantee the Federal assistance under Title I of the Housing and Community Development Act of 19711 (P.L. 93-383) authorized by the Funding Approval identified therein, subject to the terms and conditions of this Grant Agreement, applicable law, regulations and all other requirements of HUD now or hereafter in effect. The Grant Agreement is effective with respect to such assistance as of the date the acceptance is executed and consists of each Funding Approval and acceptance hereto attached, together with the HUD approved application specified therein, including any Assurances, certifications, maps, schedules or other submissions made with respect thereto, the HUD .Community Development Block Grant Regulations at 211 CFR Part 570 and the following General Terms and Conditions: 1. Definitions: Except to the extent modified or supplemented by the Grant Agreement, any term defined in Title I of the Housing and Community Development Act of 197b or the HUD Community Development Block Grant Regulations at 211 CFR Part 570, shall have the same meaning when used herein. ‘TY..7.7 • • 2. • (a) Agreement means this Grant Agreement, as described above and any amendments or supplements thereto. (b) Applicant means the entity designated as such in the Funding Approval. (c) Grantee means each entity designated as a recipient for grant or loan guarantee assistance in the Funding Approval and signing the acceptance provisions as Grantee under the Agreement. (d) Assurances, when capitalized, means the certifications and assurances submitted with grant applications pursuant to the require- ments of 24 CFR Part 570. (e) Assistance provided under this Agreement means the grants and any loans secured by loan guarantees provided under this Agreement. (f) Program means the community development program, project, or other activities, including the administration thereof, with respect to which assistance is being provided under this Agreement. 2. "Section 3" Compliance in the Provision of Training, Employment and Business Opportunities: This Agreement is subject to the requirements of section 3 of the Housing and Urban Development Act of 1968 (12 USC 1701u), as amended, the HUD regulations issued pursuant thereto at 2h CFR Part 135, and any applicable rules and orders of HUD issued thereunder prior to the HUD authorization of the Funding Approval • 3. The Grantee shall cause or require to be inserted in full in all contracts and subcontracts for work financed in whole or in part with assistance provided under this Agyeement, the section 3 clause set forth in 24 CFR 135.20(b). The Grantee shall provide such copies of 24 CFR Part 135 as may be necessary for the information of parties to contracts required to contain the section 3 clause. 3. Flood Disaster Protection: This Agreement is subject to the requirements of the Flood Disaster Protection Act of 1973 (P.L. 93-23h). No portion of the assistance provided under this Agreement is approved for acquisition or construction purposes as defined under section 3(a) of said Act, for use in an area identified by the Secretary as having special flood hazards which is located in a community not then in compliance with the requirements for participation in the national flood insurance program pursuant to section 201(d) of said Act; and the use of any assistance provided under this Agreement for such acquisition or construction in such identified areas in communities then participating in the national flood insurance program shall be subject to the mandatory purchase of flood insurance requirements of section 102(a) of said Act. Any contract or agreement for the sale, lease, or other transfer of land acquired, cleared or improved with assistance provided under this Agreement shall contain, if such land is located in an area • • identified by the Secretary as having special flood hazards and in which the sale of flood insurance has been made available under. the National Flood Insurance Act of 1558, as amended, 42 U.S.C. 4001 et seq., provisions obligating the transferee and its successors or assigns to obtain and maintain, during the ownership of such land, such flood insurance as required with respect to financial assistance for acquisition or construction purposes under section 102(a) of the Flood Disaster Protection Act of 1973. Such provisions shall be required notwithstanding the fact that the construction on such land is not itself funded with assistance provided under this Agreement. L. Equal Employment Opportunity: (a) Activities and contracts nbt sub'ect to Executive Order 11245, as amended. In carrying out the program, the Grantee shall not discriminate against any employee or applicant for employment because of race, color, religion, sex, or national'origin. The Grantee shall take affirmative action to insure that applicants for employment are employed, and that employees are treated during employment, without regard to their race, color, religion, sex, or national origin. Such action shall include, but not be limited to, the following: employment, upgrading, demotion, or transfer; recruitment or recruitment advertising; layoff or termination; rates of pay or other forms of compensation; and selection for training, including apprenticeship. The Grantee shall • post in conspicuous places, available to employees and applicants for employment, notices to be provided by the Government setting forth the provisions of this nondiscrinnation clause. The Grantee shall state that all. qualified applicants will receive consideration for employ- ment without regard to race, color, religion, sex, or national origin. 'The Grantee shall incorporate the foregoing requirements of this paragraph (a) in all of its contracts for program work, except contracts governed by paragraph (b) of this section, and will require all of its contractors for such wort: to incorporate such requirements in all subcontracts for program work. (b) Contracts subject to Executive Order 11216, as amended. Such contracts shall be subject to HUD Equal Employment Opportunity regula- tions at 24 CFR Part 130 applicable to HUD assisted construction contracts. The Grantee shall cause or require to be inserted in full in any nonexempt contract and subcontract for construction work, or modification thereof, as defined in said regulations, which is paid for in whole or in part with assistance provided under this' Agreement, the following equal opportunity clause: During the performance of this contract, the contractor agrees as follows: (1) The contractor will not discriminate against any employee or applicant for employment because of race, color, religion, sex, or national origin. The contractor will take affirmative' action to ensure • t • • 6. that applicants are employed, and that employees are treated during employment, without regard to their race, color, religion, sex, or national origin. Such action shall include, but not be limited to, the following: Employment, upgrading, demotion, or transfer, recruit- ment or recruitment advertising; layoff or termination; rates of pay or'other forms of compensation; and selection for training, including apprenticeship. The contractor agrees to post in conspicuous places, available to employees and applicants for employment, notices to be provided by the contracting officer setting forth the provisions of this nondiscrimination clause. (2) The contractor will, in all solicitations or advertisements for employees placed by or on behalf of the contractor, state that all qualified applicants will receive consideration for employment without regard to race, col.:r, religion, sex, or national origin. (3) The contractor will send to each labor union or representa- tive of workers with which he has a collective bargaining agreement or other contract or understanding, a notice to be provided by the Contract Compliance Officer advising the said labor union or workers' representa- tives of the contractor's commitment under this section and shall post copies of the notice in conspecuous places available to employees and applicants for employment. (l,) The contractor will comply with all provisions of Executive Order 11246 of September 24, 1965, and of the rules, regulations, and 7. • relevant orders of the Secretary of Labor. (5) The contractor will furnish all information and reports required by Executive Order 11246 of September 24, 1965, and by the rules, regulations, and orders of the Secretary of Labor, or pursuant thereto, and will permit access to his books, records, and accounts by the Department and the Secretary of Labor for purposes of investigation to ascertain compliance with such rules, regulations, and orders. (6) In the event of the contractor's noncompliance with the non- discrimination clauses of this contract or with any of such rules, regulations, or orders, this contract may be canceled, terminated or suspended in whole or in part and the contractor may be declared in- eligible for further Government contracts or federally assisted construc- tion contract procedures authorized in Executive Order 11246 of September 24, 1965, or by rule, regulation, or order. of the Secretary of Labor, or as otherwise provided by law. (7) The contractor will include the portion of the sentence immediately preceding paragraph (1) and the provisions of paragraphs (1) through (7) in every subcontract or purchase order unless exempted by rules, regulations, or orders of the Secretary of Labor issued pursuant to section 204 of Executive Order 11246 of September 25, 1965, so that such provisions will be binding upon each subcontractor or vendor. The 8. • contractor will take such action with respect to any subcontract. or purchase order as the Department may direct as a means of enforcing such provisions, including sanctions for noncompliance: Providod, however, that in the event a contractor becomes involved in, or is threatened with, litigation with a subcontractor or vendor as a result of such direction by the Department, the contractor may request the United States to enter into such litigation to protect the interest of the United States. The Grantee further agrees that it will be bound by the above equal opportunity clause with respect to its own employment practices when it participates in federally assisted construction work: Provided, that if the Grantee so participating is a State or local government, the above equal opportunity clause is not applicable to any agency, instrumentality or subdivision of such government which does not participate in work on or under the contract. The Grantee agrees that it will assist and cooperate actively with the Department and the Secretary of Labor in obtaining the compliance of contractors and subcontractors with the equal opportunity clause and the rules, regulations, and relevant orders of the Secretary of Labor; that it will furnish the Department and the Secretary of Labor such information as they may require for the supervision of such compliance; and that it will otherwise assist the Department in the discharge of its primary responsibility for securing compliance. µ !y` • • • • 9. • The Grantee further agrees that it will refrain from entering into any contract or contract modification subject to Executive Order 11246 of September 24, 1955, with a contractor debarred from, or who has not demonstrated eligibility for, Government contracts and federally assisted construction contracts pursuant to the executive order and will carry out .such sanctions and penalties for violation of the equal opportunity clause as may be imposed upon contractors and subcontractors by the Department or the Secretary of Labor pursuant to Part II, Subpart D of the executive order. In addition, the Grantee agrees that if it fails or refuses to comply with these undertakings, the Department may take any or all of the following actions: Cancel, terminate, or suspend in whole or in part the grant or loan guarantee; refrain from extending any further assistance to the Grantee under the program with respect to which the failure or refusal occured until satis- factory assurance of future compliance has been received from such Grantee; and refer the case to the Department of Justice for appropriate legal proceedings; 5. Lead -Based Paint Hazards: The construction or rehabilitation of residential structures with assistance provided under this Agreement is subject to the HUD Lead - Based Paint regulations, 2t1 CFR Part 35. Any grants or loans made by the Grantee for the rehabilitation of residential structures with >.ta� frp;, assistance provided under this Agreement shall be made subject to the • 10. • • • provisions for the elimination of lead -base paint hazards under sub- part B of said regulations, and the Grantee shall be responsible for the inspections and certifications required under section 35.14(f) thereof. 6. Compliance with Air and Water Acts: This Agreement is subject to the requirements of the Clean Air Act, as amended, lag USC 1857 et seq., the Federal Water Pollution Control Act, as amended, 33 USC 1251 et seq. and the. regulations of .the Environmental Protection Agency with respect thereto, at 40 CFR Fart 15, as amended from time to time. In compliance with said regulations, the Grantee shall cause or require to be inserted in full in all contracts and subcontracts with respect to any nonexempt transaction thereunder funded with assistance provided under this Agreement, the following requirements: (1) A stipulation by the contractor of subcontractors that any facility to be utilized in the performance of any nonexempt contract or subcontract is not listed on the List of Violating Facilities issued by the Environmental Protection Agency (EPA) pursuant to 40 CFR 15.20. (2) Agreement by the contractor to comply with all the requirer„entc of section 114 of the Clean Air Act, as amended, (42USC 1857c-8) and section 308 of the Federal Water Pollution Control Act, as amended, (33U SC 1318) relating to inspection, monitoring, entry, reports, and information, • 11. i • • as well as all other requirements specified in said section 114 and section 308, and all regulations and guidelines issued thereunder. (3) A stipulation that as a condition for the award of the r contract prompt notice will be given of any notification received from the Director, Office of Federal Activities, EPA, indicating that a facility utilized or to be utilized for the contract is under consideration to be listed on the EPA List of Violating Facilities. (4) Agreement by the contractor that he will include or cause to be included the criteria and requirements in paragraph (1) through (4) of this section in every nonexempt subcontract and requiring that the contractor will take such action as the Government may direct as a means of enforcing such provisions. In no event shall any amount of the assistance provided under this Agreement be utilized with respect to a facility which has given rise to a conviction under section 113(c)(1) of the Clean Air Act or section 309(c) of the Federal Water Pollution Control Act. 7. Federal Labor Standards Provisions: Except with respect to the rehabilitation of residential property designed for residential use for less than eight families, the Grantee and all contractors engaged under contracts in excess of $2,000 for the construction, prosecution, completion or repair of any building or work financed in whole or in part with assistance provided under this Agree - • men€, shall comply with HUD requirements pertaining to such contracts and the applicable requirements of the regulations of the Department of Labor :under 29 CFR Parts 3 and 5, governing the payment of wages and the ratio of apprentices and trainees to journeymen:' Provided, that if wage rates higher than those required under such regulations are•imnosed by state or local law, nothinp'hereunder is intended to relieve the Grantee of its obligation, if any,'to require payment of the higher rates. The Grantee shall cause or require to be inserted in full, in all such contracts subject to such regulations, provisions meeting the requirements of 29 CFR 5.5. No award of the contracts covered under this section of the Agreement shall be made to any contractor who is at the time ineligible under the provisions of any applicable regulations of the Department of Labor to receive an award of such contract. 8. Nondiscrimination Under Title VI of the Civil Rights Act of 1964 This Agreement is subject to the requirements of Title VI of the Civil Rights Act of 1964 (P.L. 88-352) and HUD regulations with respect thereto including the regulations under 24 CFR Part 1. In the sale, lease • or other transfer of land acquired, cleared or improved with assistance • provided under this Agreement, the Grantee shall cause or require a covenant running with the land to be inserted in the deed or lease for