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8. CITY AUDIT; MONITORING. City may audit the records and accounts of <br />Contractor for the purpose of verifying expenditures by Contractor of funds provided by <br />this Agreement or verifying statements or analyses made or provided by Contractor <br />under this Agreement. Contractor will respond to, and comply with, any audit exception <br />made or taken by City relating to Contractor's performance or failure to perform under <br />this Agreement. Contractor will pay City the full amount owing to City as a result of any <br />such audit exception. <br /> <br /> City will monitor Contractor's Program and expenditures made pursuant to this <br />Agreement quart(~rly to verify Contractor's compliance with this Agreement and local <br />contract requirements. <br /> <br /> 9. 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 expenditures incurred to the date of termination. <br />Contractor will submit to City a final report of activities funded hereunder within thirty <br />(30) days from the date of termination. <br /> <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 /> <br /> (a) Federal Community Development Block Grant funds cease, for any <br /> reason, to be available to City; or <br /> <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 & B; or <br /> <br /> (c) Contractor's failure to perform under this Agreement. <br /> <br /> 9/11/03 4 <br /> <br /> <br />