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Everett Forward Grant Program | Subrecipient Agreement | Page 3 <br />City determines that the remaining portion of the award will not accomplish the purpose for <br />which the award was made, the City may terminate the award in its entirety. <br /> <br />L. Termination for Withdrawal, Reduction or Limitation of Funding <br />In the event that funding from the Federal government is withdrawn, reduced or limited in any <br />way after the effective date of this contract, and prior to its normal completion, the City may <br />summarily terminate this Contract as to the funds reduced or limited, notwithstanding any other <br />termination provision of this Agreement. If the level of funding so reduced or limited is so great <br />that the City deems that the continuation of the program covered by this Agreement is no longer <br />in the best interest of the public, the City may summarily terminate this Agreement in whole <br />notwithstanding any other termination provisions of this Agreement. Termination under this <br />Section shall be effective upon receipt of written notice by the Subrecipient or its representative. <br /> <br />The City agrees to promptly notify the Subrecipient of any proposed reduction in funding by <br />Federal or other officials. The Subrecipient agrees that upon receipt of such notice it shall take <br />appropriate and reasonable action to reduce its spending in the affected funding area so that <br />expenditures do not exceed the funding level which would result if said proposed reduction <br />became effective. <br /> <br />M. Remedial Actions <br /> <br />1. In the event of the Subrecipient’s noncompliance with section 603(c) of the Act, Treasury’s <br />regulations implementing that section, and guidance issued by Treasury regarding the <br />foregoing, as well as all other applicable federal statutes, regulations, executive orders, and <br />interpretive guidance as may become applicable at any time, Treasury or the City may take <br />available remedial actions as set forth in 2 C.F.R. 200.339. <br /> <br />2. Recoupment <br />a. Subrecipient agrees that it is financially responsible for and will repay the City any and all <br />indicated amounts following an audit exception which occurs due to the Subrecipient’s <br />failure, for any reason, to comply with the terms of this Agreement. This duty to repay <br />the City shall not be diminished or extinguished by the termination of the Agreement. <br />b. In the event of a violation of section 603(c) of the Act, the funds shall be subject to <br />recoupment by the City. <br /> <br />3. Any funds paid to Subrecipient (a) in excess of the amount to which Subrecipient is <br />authorized to retain under the terms of the Agreement; (b) that are determined by the <br />Treasury Office of Inspector General to have been misused; (c) are determined by Treasury to <br />be subject to a repayment obligation pursuant to section 603(e) of the Act; or (d) are <br />otherwise subject to recoupment by the City, and have not been repaid by Subrecipient to <br />the City shall constitute a debt to the City. <br /> <br />4. Any debts determined to be owed the City must be paid promptly by the Subrecipient. A debt <br />is delinquent if it has not been paid by the date specified in the City’s initial written demand <br />for payment, unless other satisfactory arrangements have been made or if the City knowingly <br />or improperly retains funds that are a debt. The City may take any actions available to it to <br />collect such a debt. <br /> <br />N. Notices. Whenever this Agreement provides for notice by one party to another, such notice shall <br />be in writing and directed to each party’s contact representative indicated within the Agreement