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<br />9. Revenue Disclosure Requirement. Subrecipient shall make available all books <br />and records pertaining to each project or business activity that is funded by ESG Funds under <br />this MOU for inspection and audit by HUD's representatives, upon request, at any time during <br />the term of this MOU and during a period of 5 years thereafter. All such books and records shall <br />be maintained by Subrecipient at a location in Orange County. Failure of Subrecipient to comply <br />with the requirements of this section shall constitute a material breach for which City may <br />terminate or suspend this MOO. <br /> <br />10. Audit Report Requirements. Subrecipient agrees that if Subrecipient receives <br />Three Hundred Thousand Dollars ($300,000.00) or more in federal funds, Subrecipient shall <br />have an annual audit conducted by a certified public accountant in accordance with the standards <br />as set forth and published by the United States Office of Management and Budget. Subrecipient <br />shall provide City with a copy of said audit by October I of the year following the program year <br />in which this Agreement is executed. <br /> <br />11. Termination. This Agreement may be terminated in accordance with Federal <br />Register 24 CFR Part 576 as follows: (a) on thirty (30) days' written notice by either party; (b) <br />upon five (5) days' written notice for violation of Federal Laws governing the use ofESG Funds <br />by Subrecipient; (c) terminated for convenience; and (d) terminated due to the non-performance of <br />Subrecipient and/or failure of Subrecipent to perform the work described in Exhibits A and B or <br />failure to meet the performance standards and program goals set forth therein. In the event of any <br />such termination, Subrecipient shall only be entitled to reimbursement for approved expenses <br />incurred to the effective date of termination and any and all funds not used must be returned to <br />City per the paragraph below. <br /> <br />12. Homeless Involvement. Subrecipient certifies that it will involve, to the <br />maximum extent practicable, homeless individuals and families in constmcting, renovating, <br />maintaining, and operating facilities assisted under the ESG program, and in providing services <br />for occupants ofthese facilities [24 CFR 576.56(b); 42 USC 11375(d)]. <br /> <br />13. Exhibits. All documents referenced as exhibits in this MOU are hereby <br />incorporated in this MOU, including Exhibits A and B. <br /> <br />14. Entire Agreement. This MOU, and all other documents incorporated herein by <br />specific reference, represent the entire and integrated agreement between City and Subrecipient. <br />This MOU supersedes all prior oral or written negotiations, representations or agreements. This <br />MOU may not be amended, nor any provision or breach hereof waived, except in a writing <br />signed by the parties that expressly refers to this MOU. <br /> <br />6 <br />