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CDBG TEMPLATE <br />CITY ATTORNEY APPROVED VERSION REV: 01-17-25 LF <br />Page 6 of 18 <br />f) Take other remedies that may be legally available. <br /> <br /> <br />13. TERMINATION. <br /> <br />A. In accordance with 2 CFR Section 200.340 and Section 200.341, City may <br />suspend or terminate this Agreement if Subrecipient materially fails to comply with <br />any term of this Agreement or the terms and conditions of the Subaward provided <br />hereunder by providing written notice to Subrecipient, which will state that the <br />termination decision may be considered in evaluating future applications received <br />from Subrecipient. <br /> <br />B. In accordance with 2 CFR Section 200.340 and Section 200.341, City may <br />terminate this Agreement for cause by providing written notice to Subrecipient. <br /> <br />C. In accordance with 2 CFR Section 200.340, City may terminate this <br />Agreement for convenience with the consent of Subrecipient after both parties <br />have agreed upon the termination conditions, including the effective date and, in <br />the case of partial termination, the portion to be terminated. <br /> <br />D. In accordance with 2 CFR Section 200.340, Subrecipient may terminate this <br />Agreement upon sending City written notification setting forth the reasons for such <br />termination, the effective date and, in the case of partial termination, the portion to <br />be terminated; provided, however, if City determines in the case of partial <br />termination that the reduced or modified portion of the Subaward provided <br />hereunder will not accomplish the purposes for which the Subaward was made, <br />City may terminate this Agreement and the Subaward in its entirety. <br /> <br />E. Upon full or partial termination, Subrecipient shall remain responsible for <br />compliance with the requirements in Paragraph 39. <br /> <br />14. REVERSION OF ASSETS. <br /> <br />The use and disposition of real property and equipment under this Agreement shall be in <br />compliance with the requirements of 2 CFR Sections 200.311 and 313, 24 CFR Sections <br />570.502, 570.503, 570.504, and 570.505 as applicable, which include but are not limited <br />to the following: <br /> <br />A. Upon the expiration or earlier termination of this Agreement, Subrecipient <br />will return to City any CDBG funds on hand at such time and any accounts <br />receivable attributable to the use of CDBG funds. <br /> <br />B. Upon the expiration or earlier termination of this Agreement, any real <br />property under Subrecipient's control that was acquired or improved in whole or in <br />part with CDBG funds (including CDBG funds provided to Subrecipient in the form <br />of a loan) in excess of $25,000 be either: (i) Used to meet one of the national <br />Docusign Envelope ID: 070F84C8-F67F-41E1-9BB3-4C2C1EBDECF8