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10. ACCESS TO RECORDS: Contractor shall furnish and cause each of its <br /> own subrecipients and /or subcontractors to furnish all information and reports required <br /> hereunder and will permit access to its books, records and accounts by City, HUD, or its <br /> agent, or other authorized Federal officials for purposes of investigation to ascertain <br /> compliance with the rules, regulations and provisions stated herein. <br /> 11. TERMINATION. Either party may terminate this Agreement without cause <br /> at any time during the term hereof by giving the other party not less than thirty (30) days <br /> prior written notice of such termination. In the event of such termination, Contractor will <br /> submit a final invoice for any expenditure incurred up to and including the date of <br /> termination. Contractor will submit to City a final report of activities funded hereunder <br /> e y p <br /> within thirty (30) days after the date of termination. <br /> Notwithstanding the foregoing, City may terminate this Agreement, by giving <br /> Contractor not less than five (5) days prior written notice, upon the occurrence of any of <br /> the following: <br /> (a) Federal Community Development Block Grant funds cease, for any reason, <br /> to be available to City; or <br /> (b) City has determined that the funds provided hereunder have been, or are <br /> being, used for purposes other than those described in Exhibits A and /or B; <br /> or <br /> (c) Contractor's failure to perform under this Agreement. <br /> Nothing contained in this Paragraph 9 will be deemed to limit the right of the <br /> Parties to terminate this Agreement for cause or otherwise to exercise any right or <br /> pursue any remedy which may accrue to them. <br /> 12. CONTRACTOR'S STATUS. In the performance of the obligations set forth <br /> in this Agreement, Contractor will have the status of an independent contractor and will <br /> not be deemed to be an employee, agent or officer of City. <br /> ATTY /AGR/2010.073 <br /> 073010 5 <br />