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<br />~-: /F- 7 <br /> <br />8. TERMINATION. Either party may terminate this Agreement without <br /> <br />cause at any time during the term hereof by giving the other party not less than <br /> <br />thirty (30) days prior written notice of such termination. In the event of such <br /> <br />termination, Contractor shall submit a final invoice for any unreimbursed <br /> <br />expenditures (less offsetting income in accordance with paragraph 4) incurred to <br /> <br />the date of termination. Contractor shall submit to City a final report of activities <br /> <br />funded hereunder within thirty (30) days from the date of termination. <br /> <br />Notwithstanding the foregoing, City may terminate this Agreement upon <br /> <br />the occurrence of either of the following: <br /> <br />a) <br /> <br />Federal Community Development Block Grant funds cease, for any <br /> <br />reason, to be available to City; or <br /> <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 <br /> <br />Exhibits A and B. <br /> <br />In either of the foregoing circumstances, City shall give Contractor not less <br /> <br />than five (5) days prior written notice of termination. <br /> <br />Nothing contained in this paragraph shall be deemed to limit the right of <br /> <br />the parties to terminate this Agreement for cause or otherwise to exercise any <br /> <br />right or pursue any remedy which may accrue to them. <br /> <br />9. AUDIT; MONITORING. City may audit the records and accounts of <br /> <br />Contractor for the purpose of verifying expenditures by Contractor of funds <br /> <br />provided hereunder or verifying statements or analyses made or provided by <br /> <br />Contractor hereunder. Contractor shall respond to, and comply with, any audit <br /> <br />CDBG/DJT.cje <br /> <br />5 <br /> <br />11.15.05 <br />