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<br />-SM-O-RDWC <br /> <br />03/29/2006 <br /> <br />PL-5029(O15) <br /> <br />SPECIAL COVENANTS OR REMARKS <br /> <br />1. All project repair, replacement and maintenance involving the <br />physical condition and the operation of project improvements <br />referred to in Article II~ HA~RTBHAHCE, of the aforementioned <br />Master Agreement will be the responsibility of the ADMINiSTERING <br />AGENCY and shall be perfo~ed at regular intervals and as <br />required for efficient operation of the completed project <br />improvements. <br /> <br />2 . The ADMJ:N'ISTERmG AGENCY will reimburse the STATE for the <br />ADMINISTERING AGEHCY share of costs for work requested to be <br />performed by the STATE. <br /> <br />3 . The ArKIRISTERDlG AGERCY agrees that payment of Federal funds <br />wiJ.l be limited to the IUIIOW1tø approved by the FederaJ. Highway <br />Administration (FHWA) in the Federal-Aid Project <br />Authorization/Agreement or A~.~ðm-Dt/Modification (E-76) and <br />accepts any resultant increases in ADlJ:NJ:STER~1!1G AGERCY funds as <br />shown on the Finance Letter, any modification thereof as approved <br />by the Division of Local Assistance, Office of Project <br />Implementation. <br /> <br />4. Any State and Federal funds that may have been encumbered for <br />this project are o~y available for disburs~nt for a period of <br />five (5) years and seven (7) years, respectively, from. the start <br />of the fiscaJ. year(s) that those funds were appropriated within <br />the State Budget Act. All project fUDds not liquidated within <br />these periods will revert unless an executed Cooperative Work <br />Agreement extending these dates is requested and is approved by <br />the California Department of Finance per GoverDmeDt Code ~ection <br />16304. The exact date of each fund reversion will be reflected <br />in the approved finance letter(s) issued for this project. <br /> <br />Notwithstanding the ~iquidated sums of project specific State <br />and Federal funding remaining and available to fund project work, <br />any invoice for reimbursement that is not submitted to the <br />Department OD or before 60 days after that applicable fixed fund <br />reversion date will not be paid from that fiscal year's <br />encumbered funds because alJ. of these unexpended funds wiJ.l be <br />irrevocably reverted by the Department's Division of Accounting <br />on that date. <br /> <br />Pursuant to a directive from the State Controller's Office and <br /> <br />Program Supplem8DtO4-S029-KOO2- ZSTZA <br /> <br />Page <br /> <br />2 of 5 <br />