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after the end date of the period of performance as apecified in the terms and <br />conditions, of the Federal awards <br />3. SU&REMPILM' must promptly refund any balances of unobligated cash that the <br />CITY paid in advance or paid and that Is not authorized to be retained by <br />SUBRECIPIENT for use in other projects (See OMG Circular A-124 and 2 CFR <br />200,345); <br />4, S MRECIPMNT must account for any rail and personal property acquired with <br />Federal funds or received from the Federal i overunient In accordance with 2 CFR <br />200.310-200.316 and 200.329, and, <br />5. The CITY should complete all closeout aoiions for the fedend award uo later than <br />one year alter receipt and acceptance of all required final reports. <br />XVU VALI;PLT,, AND SEVERABILITt <br />The invalidity in whole or in part of any provision of this AtGREEMENT shall not void or effect <br />the validity of any other provision of this AGREEMENT. Whenever possible, each provision of <br />this AGRI ;MENT shall be interpreted in such manner as to be effective and valid under <br />applicable law, but if any provision of this AGRI HUMNT is held to be prohibited by or invalid <br />under applicable law, such provision shall be ineffective only to the extent of such prohibition or <br />invalidity, without invalidating the remainder of such provisions of this AGREEMENT". <br />XVFFI. F ArVS GOVFRNFNG THIS AGITL%14FENT <br />This AGREEMENT shall be governed by and construed in accordance with the laws of the State <br />of California, and all applicable federal laws and regulations. <br />XIX. NVAIVER <br />No delay or emission by the CITY hereto to exercise any right or power acenring upon any <br />noneompliance or default by the SUBRECIPIENi' with respect to any of the terms of this <br />AURSUMMM shall impair any such right or power or be construed to be a waiver thereof A <br />waiver by either of the parties hereto of any of the covenants, conditions, or agreements to be <br />performed by the other shall not be construed to be a waiver of any succeeding breach thereof or <br />of any other covenant, condition, or agreurnont herein contained. <br />X<ti. AGREENIGNT D©CUMt;NT EXU,FI3 A AND A.TTAC'LLLILNT S <br />All of the attachments and exhibits attached to this AGREEME1dT are deemed Incorporated by <br />reference. This doecwnont may be executed in three (3) counterparts, each of which shall be <br />deemed to be an orighnal. <br />Each undersigned represents and warrants that its signature herembelow has the power, authority and right to <br />bind their respective parties to each of the terms of this AGREEMENT, and shill indemnify the CITY fully, <br />including reasonable costs and attorneys fees, for any injuries or damages to the CITY in the event that such <br />authority or power is not, in fact, Held by the signatory or is withdrawn. <br />22 <br />