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period is Federal Fiscal Years 2009-2011. The time for which this agreement remains in effect is until the HOME funds from each of the Federal Fiscal Years set out above are expended on eligible activities. No Consortium member may withdraw from the agreement while it remains in effect. 14. The Cooperating Units and Lead Entity agree that this Cooperation Agreement may require modification when final regulations on HOME and Consolidated Plan are provided by the U.S. Department of Housing and Urban Development and will cooperate in executing a revised or amended written agreement acceptable to all parties. 15. The Cooperating Units and Lead Entity agree that all members must sign and approve the addition of new members to the Consortium. Upon approval of a new member the Lead Entity shall amend the consortium agreement. 16. The program year start date for the Consortium is July 1, 2009, and all units of general local government that are members of the Consortium are on the same program year for Community Development Block Grant (CDBG), HOME Investment Partnerships Program (HOME), Emergency Shelter Grants (ESG) and Housing Opportunities for Persons with AIDS (HOPWA). IN WITNESS WHEREOF, the Cooperating Units and Lead Entity have executed this Agreement as of the date first heretofore written. Counsel for each party does hereby state that this Cooperative Agreement is in accordance with NCGS 160-A-460-464 inclusive and provides full legal authority for the legal entities to undertake or assist in undertaking essential community development and housing assistance in the manner set forth in this agreement. THE CITY OF CONCORD, NORTH CAROLINA By: W. Brian Hiatt, City Manager Attest: Kim J. Deason, City Clerk Approved as to Form: City Attorney This instrument has been pre-audited in the manner required by the "Local Government Budget and Fiscal Control Act". Pam Hinson, Finance Director F- 3