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a. The grantee shall use the real property for the authorized purpose of the <br />original grant as long as needed. <br />b. The grantee shall obtain approval by the grantor agency for the use of the <br />real property in other projects when the grantee determines that the <br />property is no longer needed for the original grant purposes. Use in other <br />projects shall be limited to those under other Federal grant programs, or <br />programs that have purposes consistent with those authorized for support <br />by the grantor. <br />c. When the real property is no longer needed as provided in a. and b., above, <br />the grantee shall return all real property furnished or purchased wholly with <br />Federal grant funds to the control of the Federal grantor agency. In the case <br />of property purchased in part with Federal grant funds, the grantee may be <br />permitted to take title to the Federal interest therein upon compensating <br />the Federal Government for its fair share of the property. The Federal share <br />of the property shall be the amount computed by applying the percentage <br />of the Federal participation in the total cost of the grant program for which <br />the property was acquired to the current fair market value of the property. <br />4. Standards and procedures governing ownership, use, and disposition of <br />nonexpendable personal property furnished by the Federal Government or <br />acquired with Federal funds are set forth below: <br />a. Nonexpendable personal property acquired with Federal funds. When <br />nonexpendable personal property is acquired by a grantee wholly or in part <br />with Federal funds, title will not be taken by the Federal Government except <br />as provided in paragraph 4.a.(4), below, but shall be vested in the grantee <br />subject to the following restrictions on use and disposition of the property: <br />(1) The grantee shall retain the property acquired with Federal funds in <br />the grant program as long as there is a need for the property to <br />accomplish the purpose of the grant program whether or not the <br />program continues to be supported by Federal funds. When there is <br />no longer a need for the property to accomplish the purpose of the <br />grant program, the grantee shall use the property in connection with <br />other Federal grants it has received in the following order of priority: <br />(a) Other grants of the same Federal grantor agency needing the <br />property. <br />Page 25 <br />Docusign Envelope ID: 33CB29C8-7F00-4973-826F-FE9B0CEAAEFB