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-1X- <br />� XX . REVERSION OF ASSETS <br /> The agreement shall specify that upon its expiration the <br /> subrecipient shall transfer to the recipient any CDBG <br /> funds on hand at the time of expiration and any accounts <br />� receivable attributable to the use of CDBG funds. It <br /> shall also include provisions designed to ensure that any <br /> real property under the subrecipient ' s contro�l that was <br /> acquired or improved in whole or in part with CDBG Funds <br /> in excess of �25,000 is either : <br /> ( i > Used to meet one of the national objectives in S <br /> 570.208 until five years after expiration of the <br /> agreement , or for such longer period of time as <br /> determined to be appropriate by the recipient ; or <br /> ( ii ) Disposed of in a manner that results in the <br /> recipient ' s being reimbursed in the amount of . the <br /> current fair market value of the property less any <br /> portion of the value attributable to expenditures of <br /> non-CDBG funds for acquisition of, or improvement <br /> to , the property. (Reimbursement is not required <br /> after the period of time specified in paragraph <br /> (b ) (6 ) ( i ) of this Section) . <br /> IN WITNESS WHEREOF , The City of Decatur , Illinois and the Sub- <br />' grantee, have entered into this Agreement as of the date first <br /> above written. <br /> SUHGRANTEE �" CI OF DECA R, I LINOIS <br /> � <br /> „ <br />� ��/ 1/' � L��rf � <br /> � 'v� '" / <br /> Chief Official Mayor Erik C. chnitz <br /> DEPT. OF MUNITY DEVELOPMENT <br /> Name and Title <br /> Director ' - David A. Clark <br /> ATTEST: <br /> � o <br /> City C1 rk - Phyllis E. Sands � <br />� <br />