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<br />4 <br /> <br /> <br />contemplated by this Agreement or for which no satisfactory reporting has been rendered; <br />or <br /> <br />iii. In the event of any fraudulent representation by CHT in any verification required to obtain <br />payment under this Agreement or other dishonesty on a material matter relating to CHT’s <br />performance under this Agreement. <br /> <br />iv. Nonperformance, incomplete service or performance, or failure to satisfactorily perform <br />any part of this Agreement or to comply with any provision of this Agreement, as <br />determined by the County in its sole discretion. <br /> <br />v. Failure to adhere to the terms of applicable county, state or federal laws, regulations, or <br />stated public policy. <br /> <br />vi. In the event of default by CHT, the County may elect to terminate this Agreement, in <br />whole or in part and/or require CHT to repay the funds within thirty (30) days from written <br />notice of default. The County may (but shall not be required to) grant CHT an opportunity <br />to cure the default without termination of this Agreement. This clause shall not be <br />interpreted to limit the County’s remedies in law or in equity. <br /> <br /> <br />B. Books and Records. CHT shall maintain records of its grant requirements under this <br />contract for a period of not less than five (5) full fiscal years following the contract <br />completion date. <br /> <br />i. CHT shall ensure access to records and financial statements, as necessary, to <br />provide effective monitoring and evaluation of project performance. Additionally, <br />CHT shall submit a copy of its annual audit to the County. <br /> <br />ii. Upon reasonable advance notice, the County or its authorized representatives may <br />from time to time inspect, audit, and make copies of any of CHT's records that <br />relate to this contract. If any audit by the County discloses that payments to CHT <br />were in excess of the amount to which CHT was entitled under this contract, CHT <br />shall promptly pay to the County the amount of such excess. If the excess is greater <br />than 1% of the contract amount, CHT shall also reimburse the County its <br />reasonable costs incurred in performing the audit. <br /> <br />iii. CHT, or CHT’s property manager, shall maintain files of all tenants residing in the <br />dwelling units. Documentation shall verify eligibility for the dwelling unit prior to <br />the initial signing of the lease and re-verified if required by HUD and/or Treasury. <br />Information maintained shall include, as applicable: household income, household <br />composition, race/ethnicity, familial status, and disability status. <br /> <br />iv. CHT, or CHT’s property manager, shall maintain records verifying the <br />affordability of the dwelling unit. <br /> <br />C. Notices. Any Notice shall be in writing and shall be given by depositing the same in <br />the United States mail, post-paid and registered or certified, and addressed to the party <br />DocuSign Envelope ID: F9614B21-556E-42D5-A5C1-2B3EF7E3AB01