10. Subsequent to Termination: The CRA shall provide the Recipient a certified letter

Community Redevelopment Agency · 2026-05-07 · agenda_item

This item concerns the Community Redevelopment Agency and a Recipient regarding the termination of an agreement. The CRA will send a letter confirming the agreement's end. The Recipient must then pay the County the full amount of grant funds received within thirty days of getting the termination letter. This process involves financial transactions and official communication between the agency and the recipient. Businesses involved in financial services, legal counsel for contract review, and administrative support could be impacted. Early engagement with the Community Redevelopment Agency or the Recipient may provide insight into future needs or processes related to agreement management and fund reconciliation.