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<br />(b) <br /> <br />City has determined that the funds provided hereunder have been, <br /> <br />or are being, used for purposes other than those described in Exhibits A <br /> <br />and B. <br /> <br />In either of the foregoing circumstances, City shall give Contractor not less than <br /> <br />five (5) days prior written notice of termination. <br /> <br />Nothing contained in this paragraph shall be deemed to limit the right of the <br /> <br />parties to terminate this Agreement for cause or otherwise to exercise any right or pursue <br /> <br />any remedy which may accrue to them. <br /> <br />9. Audit: Monitorinl!. City may audit the records and accounts of Contractor <br /> <br />for the purpose of verifying expenditures by Contractor of funds provided hereunder or <br /> <br />verifying statements or analyses made or provided by Contractor hereunder. Contractor <br /> <br />shall respond to, and comply with, any audit exception made or taken by City or <br /> <br />appropriate federal agencies relating to Contractor's performance or failure to perform <br /> <br />hereunder. Contractor shall pay City the full amount owing to City or to the United <br /> <br />States Government determined to be owing as a result of any such audit exception. <br /> <br />City shall monitor Contractor's Program and expenditures made pursuant to this <br /> <br />Agreement quarterly to verify Contractor's compliance with this Agreement and local <br /> <br />and federal contract requirements. <br /> <br />10. Contractor's Status. In the performance of the obligations set forth in this <br /> <br />Agreement, Contractor shall have the status of an independent contractor and shall not be <br /> <br />deemed to be an employee, agent, or officer of City. <br /> <br />Agrmt-362 <br />F: SharedlR edwoood/Cou nci I <br />FXS:djk <br />06/08/00 <br /> <br />5 <br /> <br />--r-~-- <br />