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II. PURPOSE The Cooperating Community and the County have determined that it is desirable and in the interests of the citizens that the County qualify as an urban county within the provisions of the Act. This Agreement contemplates that identical agreements will be executed between the County and other cities and township within the County, thus enabling the County to qualify under the Act. The purpose of this Agreement is to authorize the County to participate with the Cooperating Community in undertaking or to assist in undertaking essential community development and housing assistance activities pursuant to the CDBG Entitlement Program and the HOME Investment Partnership Program. <br /> III. TERM OF AGREEMENT This Agreement shall remain in effect for the three-year program period of Federal Fiscal Years 2025 <br />through 2027 (October 1, 2024 – September 30, 2027) and until funds granted and program income received during the three-year program period are expended and the funded activities completed. Neither the County nor the Cooperating Community may terminate, withdraw, or be removed from the program during the three-year program period. This Agreement will renew automatically for participation in successive three-year Urban County qualification periods, unless the Cooperating Community or the County provide written notice to the other party that it elects not to participate in a new qualification period. The terminating party shall send a copy of the notice of termination to the HUD field office by the date specified in HUD’s Urban County Qualification Notice. The County will notify the Cooperating Community in writing of the Cooperating Community’s right to make this election. A copy of the County's notification must be sent to the HUD field office by the date specified in the Urban County Qualification Notice. The Parties agree to adopt amendment(s) to this Agreement as may be required by HUD to meet any new Urban County Qualification requirement(s) for subsequent qualification cycles, when applicable. Failure by either Party to adopt any such amendment, and to submit such amendment to HUD, will void the automatic <br />renewal of such qualification period. IV. MODIFICATIONS <br />Any material alteration, modification, variations, or additional tasks to this Agreement shall be reduced to writing as an amendment and signed by the parties. V. METHOD The Cooperating Community expressly agrees that it will undertake or assist in undertaking community renewal and lower income housing assistance activities, specifically urban renewal and publicly assisted housing. The County shall prepare and submit to HUD and appropriate reviewing agencies, all necessary applications for a basic grant amount under the CDBG and HOME requirements. In making the application, the County shall address the goals and needs of County as developed in meetings between the Community, its citizens, and the County, and also addressing the Act and other relevant Minnesota and/or federal statutes and regulations. The parties agree to cooperate fully in establishing priorities and in preparation of the application for a basic grant amount. The Cooperating Community and the County agree that the County shall establish a reasonable time 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 received from the grant may be either the Cooperating Community, or the County. The determination of which party will implement the project will be made by the parties after consideration of the nature and scope of the <br />project, and the ability of each party to undertake the project, though it is understood by the Cooperating Community that the County shall have final responsibility for selecting projects and filing annual grant requests. The County is hereby authorized to distribute to the Cooperating Community such funds as are determined appropriate for the Community to use in implementing a project and the County is hereby authorized to undertake projects within the Cooperating Community as are determined appropriate for the County to undertake. Contracts awarded and purchased made pursuant to a project under this Agreement shall conform to Minnesota statute and to the requirements of the entity undertaking the project.