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<br /> ~-SM-O-R.DWC 03/29/2006 6.28 <br /> rPL-5029(0 15) Page 4 <br /> SPECIAL COVENANTS OR REMARKS <br /> 1- All project repair, replacement and maintenance involving the <br /> physical condition and the operation of project improvements <br /> referred to in Article III MAINTENANCE, of the aforementioned <br /> Master Agreement will be the responsibility of the ADMINISTERING <br /> AGENCY and shall be performed at regular intervals and as <br /> required for efficient operation of the completed project <br /> improvements. <br /> 2. The ADMINISTERING AGENCY will reimburse the STATE for the <br /> ADMINISTERING AGENCY share of costs for work requested to be <br /> performed by the STATE. <br /> 3. The ADMINISTERING AGENCY agrees that payment of Federal funds <br /> will be limdted to the amounts approved by the Federal Highway <br /> Administration (FHWA) in the Federal-Aid Project <br /> Authorization/Agreement or Amendment/Modification (E-76) and <br /> accepts any resultant increases in ADMINISTERING AGENCY 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 /> 4. Any State and Federal funds that may have been encumbered for <br /> this project are only available for disbursem~nt for a period of <br /> five (5) years and seven (7) years, respectively, from the start <br /> of the fiscal year(s) that those funds were appropriated within <br /> the State Budget Act. All project funds 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 Government Code Section <br /> 16304. The exact date of each fund reversion will be reflected <br /> in the approved finance letter(s) issued for this project. <br /> Notwithstanding the unliquidated 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 on or before 60 days after that applicable fixed fund <br /> reversion date will not be paid fram that fiscal year's <br /> encumbered funds because all of these unexpended funds will be <br /> irreVOCably reverted by the Department's Division of Accounting <br /> on that date. <br /> Pursuant to a directive from the State Controller's Office and <br /> Program Supplement04-S029-M002- ISTEA Page 2 of 5 <br /> .- <br />