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with Povds. Cnnveyanoe shell be at the sole discretion of Comry evd ov a dwellivg <br />uvit by tlwctlingwil basin. <br />Cavvcyavaeofpmpmiesshell beon Iha terms sat fmh hare". <br />Covveyavoe of properties shall oco~u widtin Mvty (30) days of Cauury evd The <br />Town'n nK[eemanl oP The Town's imbiliry m con[ime as a viable orgen3zatlon. The <br />Tours sball wnvey the subject prperties m the Cowty by gmuW warrevty deed, <br />free and dam oP WI liras end encumbrances ol'recoN except tM1OSe which ercem a <br />beneficial interest in County (Declaration of Restrictive Cavemvta s~W DaeJ a[ <br />rmap. <br />b. De(aWS Remetlies. This Agreement may be terminataJ by a nondefaoltmx <br />pany upon an event of dzfedt huwvdeq after worsen votiec NerwP evd thlny (30.) Jays grace <br />perioJ in which the JelhWtinx Hurry envy nor to cure. As used herein, the teem "m event of <br />defeWf' she1L mean and refer m a Cadwe or act of omissiov by tither p;my wiM respect ro avy <br />vndermking obligation, covenant or condition as set forth m [his Agreement. With respect to <br />any cvrnt o[ dcfavlt, the von-dcfaplting party mry axamaa avy right avvlable w it at law nr in <br />egWry with respwt m such default. <br />Baokv vntl RecoNs. T1re Tawn shall mnivtnin rccards of its grant regwrements <br />t"i^. this contraot for a period of not less Ihen Gve (5) full fixval years fbllowing the wvvact <br />completion dam. <br />t. The Town shall evsnre access m rewMS and flnandal smtenren6, ee viceceasry, to <br />provide affeUive t onimrwg and evaluation of project perf~rmenee. <br />Additionally, The Town shall submit a wpy of its vvvual audit to the Cauury. <br />Upon revconehle advmtcc entice, comly or its authorized represm[atlves moy <br />form Tune to time inspect, audit, and make copies of any of The Town's records <br />that relate m this aavvaat. If any audit by Comty discloses that payments to The <br />Town were iv access oP tba amonm to whicF The Town was omitted order Ihis <br />comra<t, The Town shall promptly pay w County the amount of such excess. If <br />the ezcese is greener than I% of the oontraet amount. Tha Towv shall also <br />reimburse County its reaeomblu cusm incuned in performing [he andit. <br />n. The Toxin shall maintain fles of all tenants, reKaztlless of lengrh of occvpwcy, <br />uidmg in eisteJ units. Documevmdon shall verify eligibility frr federal <br />.ciseed boos^6 a the poWt of witial ¢mvry evd every subsequent year <br />Ihcrcaflor fr tlta puiod of affordability. Informatio¢ tmintaiucd shall incluJs <br />[awm ivwme level; nn a of family members; ethnic dam; family rypa - e.g. <br />female head oPhousehold; disabiliry smms; and monthly rent. <br />m. The Town shall maintain remoras vevfying the offordabttity of the assisted unite. <br />