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County and Municipality agree that County has the responsibility for <br /> monitoring and reporting to HUD on the use of any such program income. <br /> Accordingly, Municipality shall comply with such record keeping and reporting <br /> directions as may be required of Municipality by County for the specific purpose <br /> of allowing County to monitor program income and report to HUD concerning <br /> use of program income. In the event of a closeout or change in status of <br /> Municipality, any program income not yet paid to County, or disbursed to <br /> Municipality and on hand or received by Municipality subsequent to the closeout <br /> or change in status shall be paid to County. <br /> 10. County agrees to assume responsibility for the preparation of the <br /> Consolidated Plan in order to secure funds under the Act, and the administration, <br /> monitoring, and evaluation of the community development activities stipulated in <br /> Supplemental Cooperation Agreements. <br /> 11. Municipality certifies that the Community Development Grant as <br /> } <br /> implemented by the Supplemental Cooperation Agreements gives maximum <br /> feasible priority to activities which benefit low or moderate income families, aid <br /> in the prevention or elimination of slums or blight, or are an urgent community <br /> development need, but that not less than seventy percent (70%) of funds received <br /> shall be used for activities that benefit low and moderate income persons. <br /> 7 <br />