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07/22/2013 <br />shall constitute a breach of this Agreement and may be cause for termination at the <br />election of City or upon the direction of HUD. City may terminate this Agreement for <br />cause after giving Contractor notice of any breach or default and thirty (30) days to cure <br />said breach or default, provided however, that in the event such breach or default <br />cannot be cured within thirty (30) days, Contractor shall have such additional time to <br />cure said default as is reasonably required provided that Contractor has commenced to <br />cure within the initial thirty (30) day period and is diligently prosecuting the cure. In the <br />event of termination by whatever means, all finished and unfinished work shall become <br />the property of City, and the City shall have the right to direct Contractor's actions with <br />respect to access to materials. <br />City reserves the right to waive any and all breaches of this Agreement, and any <br />such waiver shall not be deemed a waiver of all previous or subsequent breaches. In <br />the event City choose to waive a particular breach of this Agreement, it may condition <br />same on payment by Contractor of actual damages occasioned by such breach of <br />Agreement and shall make every effort to resolve the same quickly and amicably. <br />The City may terminate this Agreement, by giving Contractor not less than five <br />(5) days prior written notice, upon the occurrence of any of the following: <br />(a) CDBG funds cease, for any reason, 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 Exhibit "A"; or <br />(c) Contractor's failure to perform under this Agreement. <br />Nothing contained in this Paragraph 11 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 />RESO. # 15282 <br />MUFF # 608 <br />