|
Agreement for such period of time as CITY and/or lIUD deems neccasary far the responsibilities, duties and
<br />obligatlona to be performed and completed to the satisfaction of CITY and JnjD,
<br />XTf. TE NIINATICIN
<br />A. 'This Agreement may be terminated on thirty (30) days' written notice by either party. In the
<br />event of such termination, SUMMCIPIENT shall only be emitted to reirubursetnent for approved expenses
<br />Incurred to the effective date of termination,
<br />B, This Agreement may be suspended or terminated by CITY upon five (5) days' written notice for
<br />violation by SUIIRECWWNT of Federal Laws governing the use ofCDBG-CV Funds, In the event of such
<br />arspettsion or termination, SUBRECIPIENT shall only be entitled to reimbursoment for approved expenses
<br />incurred up to the effective date of suspension or termination,
<br />C, Pursuant to 2 CM 200,340, in the event SUBMCIP1I3NT defaults by Failing to fidfill aft or any
<br />of obligations hereunder, CTFY may declare a default and termination of this Agreement by written notice
<br />to SUBRECIPWr, which default and termination shall be effective on a date stated in the notice which is to
<br />be not less than ten (10) days after certified mailing or personal service of such notice, unless such default is
<br />oured before, tho effective date of termination stated in such notice, If terminated for cause, CIT111 shall he
<br />relieved of furdier liability or responsibility under this Agreement, or as a result of the termination thereof,
<br />including the payment cif money, except for payment for approved expenses incurred for services
<br />satisfaetorify and timely pertornred prior to the mailing or service of the notice of termination, and except for
<br />rehnbursemerit of (1) any payments made for sarviocs net subsequently performed to a timely and
<br />satisfactory manner; and, (2) costs incurred by CITY in obtaining substitute performance.
<br />D. The grant of funds under this Agrecivaut may be terminated for convenience by chber the crl Y
<br />or SUBRECIPIENT, In whole or in part, by setting forth the reasons for such termination, the effective date,
<br />and, In the case of portion termination, their portion to be terminated, However, if in the case of a partial
<br />termination, the CITY detornu`nes that the tvinaming portion of the award will mot accomplish the purpose for
<br />which the award was made, the CITY way terminate the award In its entirety,
<br />E. The grant of funds under this Agreement may be terminated due to the non-performance of
<br />SUBRECIPIENT and/or failure of SUBRMIFENT to perform the work described in Exhibits A and B or
<br />failure to meet the performance standards and program goals set forth therein,
<br />F. Tho grant of Rinds tinder this Agremient may be terminated due to the failure of the crrY to
<br />reeeive sufficient or anticipated funding from IIUD for the CDBG-CV program for any term subject to this
<br />Agreement,
<br />R In the event this Agreement is termnated as set forth in subparagraphs XII.A. through XII.F ,,
<br />Inclusive, SUBRECIPIENT agrees to immediately return to CITY upon CTTY's demand acid prior to any
<br />adjudication of SUBRECIT'IEWl's rights, any and all Rands not used, and to comply with paragraph 11X1.
<br />118VERSTON OP ASSI?TS,, of this Agreement.
<br />XCth LLMITATIQN OF FUNDS
<br />The United States of America, through HUD, may in the Mute place programmatic or fiscal
<br />limitationa on the use of CI BO-CV funds, which limitations are not presently anticipated, Accordingly,
<br />CITY reserves the right to rovlso this Agreement in order to take account of actions aff`ceting FIUI? program
<br />fanding, In the event of fundhig redaction, CITY inay, in its vale and absoli to discretion, reduee the budget
<br />of this Agreement as a whole or as to Masts category, may limit the ran; of SUBRECIPIENT's authority to
<br />14
<br />
|