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This Agreement shall renew automatically for subsequent three-year program periods, unless <br />written notice of termination to be effective at the end of the current three-year program period is <br />given by the Cooperating Community to the County following the same schedule as the opt-out <br />notification requirements as established by HUD. A copy of all notices must be sent to the HUD <br />Field Office. Since this Agreement has an automatic renewal provision, the County shall, prior to <br />the "opt-out" date, provide written notification to the Cooperating Community of the <br />community's rights under this "opt-out" provision. The County shall have the right to "o.pt-out" <br />of future renewal of the Agreement. <br />The parties agree that this Agreement will remain in effect until CDBG and HOME hivestment <br />Partnership Program funds and program income received for acti'vities carried out during the <br />three-year qualification period (and any successive periods under the aritomatic renewal <br />provision) are expended and the funded activities completed, and that the County and <br />Cooperating Community cannot terminate or withdraw from tis Agreement during this period. <br />Notwithstanding any other provision of this Agreement, this Agreement shall be terminated at <br />the end of any program year during which HUD withdraws its designation of Anoka County as <br />an urban corinty under the Act. <br />SECTION IV. METHOD <br />The Cooperating Community and County hereby agree that it will cooperate to undertake or <br />assist in undertaking community renewal and lower income housing assistance activities, <br />specifically urban renewal and publicly assisted housing. The County shall prepare and submit to <br />HUD and appropriate reviewing agencies, all necessary applications for basic grant amount <br />under the CDBG and HOME Investment Partnership Program requirements. In making the <br />application, the County shall address the goals and needs of County as developed in meetings <br />between the Community, its citizens and the County, and also addressing the Act and other <br />relevant Minnesota and/or federal statutes and regulations. The parties agree to cooperate fully in <br />establishing priorities and in preparation of the application for a basic grant amount. The <br />Cooperating Community and the County agree that the County shall establish a reasonable time <br />schedule for the development of the grant application. <br />It is anticipated by the parties that the party ultimately implementing a project funded by monies <br />received from the grant may be either the Cooperating Community or the County. The <br />determination of which party will implement the project will be made by the parties after <br />consideration of the nature and scope of the project, and the ability of each party to undertake the <br />project, though it is understood by the Cooperating Community that the County shall have final <br />responsibility for selecting projects and filing annual grant requests. The County is hereby <br />authorized to distribute to the Cooperating Community such funds as are determined appropriate <br />for the Community to use in implementing a project and the County is hereby authorized to <br />undertake projects within the Cooperating Cornrnunity as are determined appropriate for the <br />County to undertake. <br />3