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IWO: I WIs .01111110 Is] 101Les =161TA&11501M B-1. Project Funding City of Redwood City Agreement No. D1712655 Page 14 of 28 Subject to the terms of this Agreement, the State Water Board agrees to provide Grant Funds in the amount of up to SIX HUNDRED EIGHT THOUSAND NINETY-NINE DOLLARS ($608,099). B-2. Match Funds (a) The Recipient agrees to provide Match Funds in the amount of SIX HUNDRED FORTY-FOUR THOUSAND FOUR HUNDRED SIXTY-TWO DOLLARS ($644,462). (b) This Match Funds amount is based on the budget, funding sources, and amounts submitted by the Recipient in its application and during the negotiation of this Agreement. Any Match Funds changes or adjustments requested by the Recipient must be approved, in advance and in writing, by the Grant Manager and may require an amendment to this Agreement. (c) Only expenses that would be considered eligible under the Guidelines will be counted towards the Recipient's Match Funds. (d) Any costs incurred prior to the adoption of Proposition 1 on November 4, 2014, will not count towards the Recipient's Match Funds. (e) If, at Work Completion, the Recipient has provided Match Funds in an amount that is less than the Match Funds amount set forth above, the State Water Board may proportionately reduce the Grant Funds amount and/or the Recipient's Match Funds amount, upon approval of the Deputy Director of the Division, provided the reduced amount(s) satisfy statutory requirements and Guidelines. B-3. Estimated Reasonable Total Project Cost The estimated reasonable cost of the total Project is ONE MILLION TWO HUNDRED FIFTY-TWO THOUSAND FIVE HUNDRED SIXTY-ONE DOLLARS ($1,252,561). B-4. Funding Dates (a) The Eligible Start Date is JANUARY 1, 2018. Otherwise eligible costs incurred prior to this date will not be reimbursed. (b) The Final Disbursement Request Date is DECEMBER 31, 2019. The Deputy Director of the Division may extend this date for good cause. Extensions may require an amendment to this Agreement. All Disbursement Requests must be submitted to the Division such that they are received prior to this date. Late Disbursement Requests will not be honored, and remaining amounts will be deobligated. B-5. Funding Conditions and Exclusions The State Water Board's disbursement of Grant Funds hereunder is contingent on the Recipient's compliance with the terms and conditions of this Agreement. Grant Funds may not be used for any Indirect Costs. Any Disbursement Request submitted including Indirect Costs will cause that Disbursement Request, in its entirety, to be disputed and will not be paid until the dispute is resolved. This prohibition applies to the Recipient and any subcontract or sub-