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6. Close-Outs: The Subrecipient's obligation to the City shall not end until all close-out <br /> requirements are completed, notwithstanding any expiration or termination of this <br /> Agreement. Activities during this close-out period shall include, but are not limited to: <br /> making final payments, disposing of program assets (including the return of all unused <br /> materials, equipment, unspent cash advances, program income balances, and accounts <br /> receivable to the City), and determining the custodianship of records. Not withstanding <br /> the foregoing, the terms of this Agreement shall remain in effect during any period that <br /> the Subrecipient has control over CDBG funds, including program income. <br /> In the event that this Agreement is terminated in whole or part for any reason, the <br /> following provisions shall apply: <br /> a. Upon written request by the Subrecipient, the City shall make or arrange for <br /> payment to the Subrecipient of allowable reimbursable costs not covered by <br /> previous payments. <br /> b. The Subrecipient shall submit within thirty (30) days after the date of expiration of <br /> this Agreement all financial, performance and other reports required by this <br /> Agreement, and in addition, will cooperate in a program audit by the City of Everett <br /> or its designee. <br /> c. In the event a financial audit has not been performed prior to close-out of this <br /> Agreement, the City retains the right to withhold a just and reasonable sum from <br /> the final payment to the Subrecipient after fully considering the recommendation <br /> • on disallowed costs resulting from the final audit. <br />