EL PUENTE 1 - 2007 - Laserfiche WebLink

Home Browse Search

5/05 survivc thc datc of tcrmination of this Agrccmcnt for such pcriod of timc as CITY and/or HUD dccms ncccssary for thc rcsponsibilitics, duties and obligations to bc pcrformed and complctcd to thc satisfaction of CITY and HUD. XII. TERMINA TION A. This Agrccmcnt may bc tcrminatcd on thirty (30) days' writtcn noticc by cithcr party. In thc cvcnt of such tcrmination, SUB RECIPIENT shall only bc cntitlcd to rcimburscmcnt for approvcd cxpcnses incurrcd to the cffcctivc datc oftcrmination. B. This Agreemcnt may be suspcndcd or terminatcd by CITY upon fivc (5) days' writtcn noticc for violation by SUBRECIPIENT of Fedcral Laws govcrning the usc of Community Dcvclopmcnt Block Grant Funds. In thc cvcnt of such suspension or termination, SUBRECIPIENT shall only bc cntitlcd to rcimburscmcnt for approvcn p.xpenses incurred up to the effective adit: of suspcnsion or tcrmination. C. Pursuant to 24 CFR 85.43, in the evcnt SUB RECIPIENT dcfaults by failing to fulfill all or any of its obligations hercundcr, CITY may dcclare a dcfault and termination of this Agrccmcnt by written notice to SUBRECIPIENT, which default and tcrmination shall be cffcctivc on a date statcd in the notice which is to bc not less than tcn (10) days aftcr ccrtificd mailing or pcrsonal scrvicc of such noticc, unlcss such default is curcd bcfore the cffcctive datc of termination statcd in such notice. If terminatcd for cause, CITY shall be relicvcd of furthcr liability or rcsponsibility undcr this Agrccment, or as a rcsult ofthc tcrmination thcrcof, including thc paymcnt of moncy, exccpt for payment for approved cxpcnses incurrcd for scrviccs satisfactorily and timely pcrformed prior to the mailing or scrvicc of the notice oftcrmination, and cxcept for reimburscmcnt of (I) any paymcnts madc for serviccs not subsequcntly pcrformcd in a timely and satisfactory manncr, and (2) costs incurred by CITY in obtaining substitutc pcrformance. D. The grant of funds undcr this Agrecmcnt may bc tcrminatcd for convcniencc in accordancc with 24 CFR 85.44. E. Thc !,rrant of funds undcr this Agrccment may bc terminated duc to thc non- pcrformancc of SUBRECIPIENT and/or failure of SUBRECIPENT to pcrform the work dcscribcd in Exhibits A and B or failurc to mcct the pcrformance standards and program goals sct forth thcrcin. F. In thc evcnt this Agreemcnt is tcrminated as set forth in subparagraphs XII.A. through XII.E., inclusivc, SUBRECIPIENT agrecs to immediately return to CITY upon CITY's demand and prior to any adjudication of SUBRECIPIENT's rights, any and all funds not uscd, and to comply with paragraph "XI. REVERSION OF ASSETS" of this Agreemcnt. XIII. LIMIT A nON OF FUNDS 13