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revision,. provided that such amounts have been committed in good <br />faith and are otherwise allowable and that such commitments are <br />consistent with HUD cash withdrawal guidelines. <br />XII CLOSE OUT PROCEDURES <br />A. This agreement shall be closed out when: <br />I. All costs to be paid for by CDBG funds have been <br />incurred; with the exception of close out costs and <br />costs associated with contingent liabilities as set <br />forth in 24 CFR 570.509.(c) (i) ; <br />2. Any rehabilitation activities to private property <br />have actually been completed; and <br />3. Other responsibilities of SUBRECIPIENT under this <br />agreement have been completed. <br />B. Upon close out and after demand by CITY, <br />SUBRECIPIENT shall provide CITY with: <br />1. A full and complete listing of all outstanding <br />loans; <br />2. Original loan documents and any and all original <br />security instruments for all loans generated with <br />CDBG funds; and <br />3. A document assigning the loan from SUBRECIPIENT to <br />CITY. <br />XII. EXCLUSIVITY AND AMENDMENT OF AGREEMENT <br />This agreement supersedes any and all other agreements, <br />either oral or in writing, between the parties hereto with respect <br />to the use of CITY's CDBG funds by SUBRECIPIENT and contains all <br />Page 19 of 21 Pages <br />