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0 BOOK 17 11,H i 00 0 ? 5 <br />GRANTEE shall maintain a written accounting and documentation of all of its receipts <br />and disbursements relating to the grant funds which are the subject of this Agreement. <br />The COUNTY reserves the right to require a certified audit pertaining to the use of grant <br />funds, or may perform the audit through the use of its staff. The GRANTEE agrees to <br />subject itself to the provisions of Article 33C of Chapter 143 of the North Carolina <br />General Statutes, entitled "Meetings of Public Bodies" to the same extent as the <br />COUNTY. <br />(4) The GRANTEE shall furnish to the COUNTY a copy of its audit report <br />performed by a certified public accountant as soon as such becomes available to the <br />GRANTEE, but not later than six (6) months following the GRANTEE'S fiscal year end. <br />(5) Funds will be disbursed to the GRANTEE by reimbursement to the <br />GRANTEE for expenses occurred in accordance with the attached Budget, unless <br />otherwise specified in the attachments. <br />(6) The COUNTY may suspend or terminate the payment of grant funds in <br />whole or in part for any violation of this Agreement. Suspension or termination may be <br />affected for the following reasons as determined by the COUNTY, but not limited to these <br />reasons: <br />a) Ineffective or improper use of grant funds, <br />b) Failure to comply with the terms and conditions of the Agreement; <br />C) Submission to the COUNTY of reports which are incorrect or <br />incomplete in any material respect; <br />d) Frustration or impossibility of performance, rendering the carrying <br />out of this Agreement improper or unfeasible. <br />In addition, the COUNTY may suspend or terminate payment of grant funds if the <br />GRANTEE fails to make satisfactory. progress towards meeting the project services which <br />are the subject of this Agreement, and the determination of whether satisfactory progress <br />has been made shall be in the discretion of the COUNTY. <br />If for any reason the payment of grant funds is suspended or terminated, the <br />GRANTEE agrees to promptly remit to the COUNTY all payments previously received <br />by the GRANTEE which the COUNTY deems to have been paid and received in violation <br />of this Agreement. <br />(7) If for any reason the project as described in Exhibits "B" and "D" shall not <br />satisfy the minimum conditions as set forth in those exhibits, then GRANTEE shall seek <br />reimbursement of any deficiency from the party who received the incentives made possible <br />