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LAC CDBG Certification of Understanding Prohibition of Exchange of Funds 41) • CERTIFICATION OF UNDERSTANDING CONCERNING PROHIBITION OF EXCHANGE OF CDBG FUNDS I CERTIFY THAT I HAVE READ AND UNDERSTAND COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) BULLETIN NO. 12-0027, DISCONTINUANCE OF THE CDBG FUNDS EXCHANGE OR TRANSFER POLICY, DATED NOVEMBER. 6, 2012, AND AGREE THAT NO CDBG FUNDS MAY BE EXCHANGED OR TRANSFERRED BETWEEN ANY JURISDICTION. I ALSO AGREE THAT ALL OTHER PROVISIONS OF THE COOPERATION AGREEMENT REMAIN IN FULL EFFECT. COUNTY OF LOS ANGELES CITY OF RANCHO PALOS VERDES By 411) By �IYL �SEA R AN,Execu�• irector MAYORADR DESIGNEE tnmunity Development Commission of the County of Los Angeles A'1TEST: City Clerk By cAtweim.-.11•&,f. 1,1 30/14 Date APPROVED AS TO FORM: APPROVED AS TO FORM: JOHN F. KRt1TTLI County Counsel By '2.1,tt.U1 By Deptit'y City Attorney