AgdaPkt 2008-10-27 Clsd and Reg - Laserfiche WebLink

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6.3A Page 20 the cumulative amount of reimbursement distributed to date, the cumulative matching amount to date, and any other outstanding issues. With respect to any disbursement of State Grant funds to Project Sponsor, such funds will be disbursed in accordance with the relative payment obligations set forth in Paragraph 3, State Grant Amount, and Paragraph 4, Project Sponsor's Costs. Any and all State Grant funds that are disbursed to Project Sponsor under this Implementation Agreement, and any and all interest earned by Project Sponsor on such funds, shall be used solely to pay Eligible Costs. 36. REIMBURSEMENT FOR ADMINISTRATION COSTS: Project Sponsor agrees to pay BACWA its Proportionate Share of administration and legal costs when they are billed, pursuant to Paragraph 7, above. Project Sponsor may include a request for reimbursement of the administration costs that it paid to BACW A when Project Sponsor submits its invoices to BACW A for reimbursement by DWR to Project Sponsor through BACW A. 37. WITHHOLDING OF STATE GRANT DISBURSEMENT: If BACWA detennines that Project is not being constructed substantially in accordance with the provisions of this Implementation Agreement, or that Project Sponsor has failed in any other respect to comply substantially with the provisions of this Implementation Agreement, and if Project Sponsor does not promptly remedy any such failure to BACWA's satisfaction, BACWA may withhold from Project Sponsor all or any portion of the State Grant Amount and take any other action that it may deem necessary to protect its interests. Project Sponsor acknowledges and accepts that ifDWR determines that any of the projects to be carried out by the Participating Water Entities, including Project Sponsor's Project, are not being constro.cted substantially in accordance with the provisions of the State Agreement, or that any of the Participating Water Entities, including Project Sponsor, has failed in any other respect to comply substantially with the provisions of the State Agreement, and if the Water Entity in question does not remedy such failure to DWR's satisfaction, DWR may withhold from BACW A all or any portion of the State Grant funds and take any other action that it may deem necessary to protect its interests. 38. WITHHOLDING A PORTION OF THE STATE GRANT FUNDS: Where a portion of the State Grant Amount has been disbursed to Project Sponsor and BACW A notifies Project Sponsor of its or DWR' s decision to withhold the balance of the State Grant Amount because of a failure of Project Sponsor to peIform its obligations hereunder, the portion that bas been disbursed shall thereafter be repaid immediately with interest, as directed by BACW A. Refusal of Project Sponsor to repay such amount may, at the option of BACW A, be considered a breach of this Implementation Agreement and may be treated as a default. {00907092} 16