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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 re�ipient any CDBG funds <br /> on hand at the time of expiration and any accounts receiv- <br /> able attributable to the use of CDBG funds. It shall also <br /> include provisions designed to ensure that any real property <br /> under the subrecipient ' s control that was acquired or im- <br /> proved in whole or in part with CDBG Funds in excess of <br /> �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 agree- <br /> ment , or for such longer period of time as determined <br /> to be appropriate by the recipient ; or <br /> ( ii ) Disposed of in a manner that results in the recipient ' s <br /> being reimbursed in the amount of the current fair <br /> market value of the property less any portion of the <br /> value attributable to expenditures of non-CDBG funds <br /> for acquisition of , or improvement to , the property. <br /> (Reimbursement is not required after the period of time <br /> specified in paragraph (b > (8) ( i ) of this Section) . <br /> XII . SPECIAL PROVISION <br /> Subgrantee must also submit the �ompleted HUD analysis <br /> as attached . <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 /> SUBGRANTEE CITY OF D A R, ILLINOIS <br /> � '�, - <br /> Ch ' f Official or - Gary K. An erson <br /> Prc'_s:�a�,n� z ,d, �' (� <br /> , f�r�, J a �VG,�nS DEPT. OF COMMUN I TY DEVELOPMENT <br /> Name and Title <br /> Director - ` David A. Clark <br /> ATTEST: <br /> � <br /> City C rk - Phyllis E. Sands <br />