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C. Any equipment purchased as a result of this Agreement is subject to the following <br />condition: "Consultant shall maintain an inventory of all nonexpendable property. <br />Nonexpendable property is defined as having a useful life of at least two years and <br />an acquisition cost of $5,000 or more. If the purchased equipment needs <br />replacement and is sold or traded in, City shall receive a proper refund or credit at <br />the conclusion of the Agreement, or if the Agreement is terminated, Consultant may <br />either keep the equipment and credit City in an amount equal to its fair market <br />value, or sell such equipment at the best price obtainable at a public or private sale, <br />in accordance with established City procedures and credit City in an amount equal <br />to the sales price. If Consultant elects to keep the equipment, fair market value <br />shall be determined at Consultant's expense, on the basis of a competent <br />independent appraisal of such equipment. Appraisals shall be obtained from an <br />appraiser mutually agreeable to by City and Consultant. If it is determined to sell <br />the equipment, the terms and conditions of such sale must be approved in advance <br />by City." 2 CFR, Part 200 requires a credit to Federal funds when participating <br />equipment with a fair market value greater than $5,000 is credited to the project. <br />20. WAIVER <br />No waiver of breach, failure of any condition, or any right or remedy contained in or <br />granted by the provisions of this Agreement shall be effective unless it is in writing and signed by <br />the party waiving the breach, failure, right or remedy. No waiver of any breach, failure or right, or <br />remedy shall be deemed a waiver of any other breach, failure, right or remedy, whether or not <br />similar, nor shall any waiver constitute a continuing waiver unless the writing so specifies. <br />21. TERMINATION <br />City reserves the right to terminate this Agreement upon thirty (30) calendar days written <br />notice to Consultant with the reasons for termination stated in the notice. City may terminate this <br />Agreement should Consultant fail to perform the covenants herein contained at the time and in the <br />manner herein provided. In the event of such termination, City may proceed with the work in any <br />manner deemed proper by City. If City terminates this Agreement with Consultant, City shall pay <br />Consultant the sum due to Consultant under this Agreement prior to termination, unless the cost <br />of completion to City exceeds the funds remaining in the Agreement, in which case the overage <br />shall be deducted from any sum due Consultant under this Agreement and the balance, if any, shall <br />be paid to Consultant upon demand. <br />22. NON-DISCRIMINATION <br />Consultant shall not discriminate because of race, color, creed, relation, sex, marital status, <br />sexual orientation, age, national origin, ancestry, or disability, as defined and prohibited by <br />applicable law, in the recruitment, selection, training, utilization, promotion, termination or other <br />employment related activities or in connection with any activities under this Agreement. <br />Consultant affirms that it is an equal opportunity employer and shall comply with all applicable <br />federal, state and local laws and regulations. <br />Page 9 of 12 <br />