Agmt14 San Mateo County Transportation Authority Measure A Funds

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:, . vi. Written justification acceptable to the TA of any settlement at an amount higher than the offer. c) For each voluntary real property transaction, Sponsor must also provide: i. Copy of the fully executed purchase and sale agreement; ii. Copy of an executed and recorded deed, in a form consistent with the requirements set forth in the then-current Caltrans Right-of-Way manual; iii. Copy of the Policy of Title insurance; and iv. Copy of the final closing statement from the escrow. d) For each real property acquisition undertaken through condemnation, Sponsor must also provide: i. Copy of the recorded Final Order of Condemnation; and ii. Copy of the litigation guarantee issued by a title insurer. e) Sponsor must detail the tasks performed, associated costs, and pro rata share of Scope of Work Costs to be borne by the TA with each reimbursement request. � The TA will endeavor to disburse reimbursements for approved Scope of Work Costs within thirty(30)days after the TA's approval of each claim, subject to the limits on the TA's ma�cimum contribution as established in Section 2.1. The TA's � obligation to reimburse Scope of Work Costs to Sponsor as provided in this section is conditioned upon the TA's prompt receipt of quarterly progress reports from Sponsor pursuant to Section 1.4 above. g) Invoices may be submitted, no more frequently than once a quarter, by mail to: Accounts Payable San Mateo County Transportation Authority 1250 San Carlos Avenue San Carlos, CA 94070 Or by e-mail to: accountspayable@samtrans.com 2.6 Return of Project Cost Savin�s. Upon submission of the Final Report detailed in Section 1.5 of this Agreement, if the TA paid more than its pro rata share of the total Project costs, Sponsor will return to the TA any funds beyond the 86.98%of Project costs . provided in Section 2.1, above. San Mateo Counry Transportation Authority/City of Redwood City Safe Routes to Schools Improvement Project May 28,2014 boilerplate 6670014.I REV:09-04-14 VR 6 ATTY/AGR/2014.160/SAN MATEO COUNTY TRANSPORTATION AUTHORITY