Laserfiche WebLink
V. Copy of the Notice of Exemption or other required document for <br />environmental clearance under CEQA/NEPA for the purchase of the <br />property, and evidence of the date of filing such Notice; and <br />vi. Written justification acceptable to the TA of any settlement at an amount <br />higher than the offer. <br />c) For each voluntary real property transaction, Sponsor must also provide: <br />Copy of the fully executed purchase and sale agreement; <br />ii. Copy of an executed and recorded deed[, in a form consistent with the <br />requirements set forth in the then -current Caltrans Right -of -Way manual]; <br />iii. Copy of the Policy of Title insurance; and <br />iv. Copy of the final closing statement from the escrow. <br />d) For each real property acquisition undertaken through condemnation, Sponsor <br />must also provide: <br />Copy of the recorded Final Order of Condemnation; and <br />ii. Copy of the litigation guarantee issued by a title insurer. <br />e) Sponsor must detail the tasks performed, associated costs, and pro rata share of <br />Scope of Work Costs to be borne by the TA with each reimbursement request. <br />f) The TA will endeavor to disburse reimbursements for approved Scope of Work <br />Costs within thirty (30) days after the TA's approval of each claim, subject to the <br />limits on the TA's maximum contribution as established in Section 2.1. The TA's <br />obligation to reimburse Scope of Work Costs to Sponsor as provided in this <br />section is conditioned upon the TA's prompt receipt of monthly progress reports <br />from Sponsor pursuant to Section 1.4 above. <br />g) Invoices will be submitted electronically, no more frequently than once a month, <br />by e-mail to: accountspayable@samtrans.com <br />SECTION 3: Term <br />3.1 Term. The term of this Agreement will commence on Execution Date and conclude <br />upon the earliest of: (a) the TA's final reimbursement to Sponsor for work performed <br />hereunder, (b) termination by Sponsor or the TA pursuant to this Section 3, or (c) <br />December 31, 2020. <br />3.2 Soonsor's Riuht to Terminate: Repayment upon Termination. Sponsor may at any <br />time terminate the Scope of Work by giving ten (10) days' written notice to the TA of its <br />election to do so. Upon such termination, Sponsor will not be reimbursed for any further <br />Scope of Work Costs and will reimburse the TA for all monies paid by the TA and costs <br />REV: 06-23-1715 <br />Page 7 of 24 <br />