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<br />4. Reversion of Assets. Contractor agrees that any unexpended funds, or <br /> <br />other assets earned as a result of HOME funding for the Program shall be returned to <br /> <br />City upon completion of the program objectives as stated in Exhibit B. <br /> <br />5. ChanQes to ProQram. No changes in the Program described in this <br /> <br />Agreement, which are funded hereunder, shall be made without the prior written consent <br /> <br />of City. <br /> <br />6. Payments. Contractor shall keep detailed and accurate records of all <br /> <br />expenditures made and expenses incurred which are funded under this agreement. <br /> <br />Payments of funds allocated pursuant to paragraph 1 hereof shall be made to <br /> <br />Contractor on a reimbursement basis as follows: <br /> <br />(i) Contractor shall submit requests for payment to City quarterly on forms <br /> <br />provided by City's Housing Coordinator; <br /> <br />(ii) All requests for payment shall be accompanied by receipts or other proof <br /> <br />of expenditure, and shall disclose amounts of Program income, if any, <br /> <br />generated by user fees; <br /> <br />(iii) Contractor shall submit billings for 100% of these funds within 30 days <br /> <br />from the date of completion of the work to be performed under this <br /> <br />agreement pursuant to Exhibit A; <br /> <br />(iv) Such income amounts shall be subtracted from corresponding requests for <br /> <br />payment; and <br /> <br />(v) Program income shall be expended by Contractor prior to requesting <br /> <br />ATTY/AGR/2006.051 <br />081606 <br /> <br />3 <br />