Laserfiche WebLink
<br />6.3A <br />Page 21 <br /> <br />Project Sponsor acknowledges and accepts that, pursuant to Paragraph 18 of the <br />State Agreement, if DWR makes a determination applicable only to a portion of <br />the State Grant funds that BACW A, by and through a particular Water Entity, has <br />not substantially complied with the State Agreement's requirements, DWR will <br />notify BACW A of its determination. DWR may thereafter withhold a portion of <br />the State Grant funds applicable to the particular Participating Water Entity in <br />question and require BACW A to immediately repay all or any portion of the State <br />Grant funds that have already been disbursed to it with interest, consistent with <br />DWR's determination. Thus, if Project Sponsor is responsible for DWR's <br />determination to withhold a portion of the State Grant funds pursuant to <br />Paragraph 18 of the State Agreement, then Project Sponsor shall comply with the <br />above sub-paragraph and repay any portion of the State Grant Amount that has <br />already been disbursed to it, with interest, to BACW A for reimbursement to <br />DWR. JfProject Sponsor is not responsible for DWR's determination to withhold <br />a portion of the State Grant funds pursuant to Paragraph 18 of the State <br />Agreement, then Project Sponsor hereby agrees to comply with the requirements <br />of Paragraph 58 of this Implementation Agreement, as applicable. Project <br />Sponsor further acknowledges and accepts that the failure of BACW A, by and <br />through the Participating Water Entities, to repay the requested disbursed State <br />Grant funds to DWR after Paragraph 18 of the State Agreement is triggered, may <br />be considered by DWR to a be a breach of the State Agreement subject to the <br />default provisions thereof. Furthermore, Project Sponsor acknowledges and <br />accepts that if DWR acts under Paragraph 18 of the State Agreement to withhold <br />a portion of the State Grant funds, DWR may require BACW A to submit a <br />revised Work Plan, Schedule, and Budget for DWR's approval before DWR <br />disburses any additional State Grant funds. Project Sponsor therefore agrees to <br />cooperate with BACW A in any way necessary to ensure that it is able to comply <br />with the provisions of Paragraph 18 of the State Agreement. <br /> <br />39. WITHHOLDING ENTIRE OR REMAINING PORTION OF STATE GRANT <br />AMOUNT: If BACW A notifies Project Sponsor of its or DWR's decision to <br />withhold the entire State Grant Amount, or any remaining portion of the State <br />Grant Amount after a portion has already been disbursed, this Implementation <br />Agreement shall terminate upon receipt of such notice by Project Sponsor and <br />shall no longer be binding on either BACW A or Project Sponsor, save and except <br />Project Sponsor's obligations under Paragraph 38, above. <br /> <br />40. RETENTION: Project Sponsor acknowledges and accepts that DWR, hence <br />BACW A, may withhold ten percent (10.0%) of the State Grant funds until the <br />projects to be carried out by the Participating Water Entities are completed and <br />the Participating Water Entities have met the applicable requirements of <br />Paragraphs 24-29, above. Project Sponsor shall be entitled to its ten percent <br />(10.0%) of the State Grant Amount withheld by DWR when it submits its Project <br />Completion Report and it has been accepted by DWR, unless Project Sponsor is <br />the last of the Participating Water Entities to complete its project, in which case <br />Project Sponsor will have to wait until the State Grant Completion Report has <br /> <br />{00907092} 17 <br />