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� � ■ ■ y ■ � �■ <br /> ��-3 <br /> GRANT AGREEMENT BETWEEN THE <br /> CALIFORNIA STATE LIBRARY AND THE CITY OF REDWOOD CITY <br /> GRANT AWARD NO: 2061 <br /> SECTION 1. THE PARTIES <br /> The parties of this Grant Award Agreement are the California State Library (State), the grantor, and the <br /> City of Redwood City, the grantee. <br /> SECTION 2. THE GRANT <br /> As authorized by the California Reading and Literacy Improvement and Public Library Construction and <br /> Renovation Bond Act of 2000, with the approval of the California Public Library Construction and <br /> Renovation Board, the State hereby grants the City of Redwood City (Grantee), the sum of <br /> $10,103,707 for the purpose of constructing the public library described in Grantee's Public Library <br /> Project Application Proposal No. 2061, which proposal is hereby incorporated by reference into this <br /> -- Agreement. <br /> SECTION 3. TERMS OF AGREEMENT <br /> A. This agreement is effective upan its execution by both parties and expires on <br /> Gecember 31, 2008. <br /> B. Prior to the expiration of the term of this Agreement, State may extend the term of this <br /> Agreement, by written amendment hereto, if State, in its sole discretion, determines such <br /> extension is necessary. <br /> SECTION 4. GRANT AWARD CONDITION <br /> A. In all aspects of administration, implementation, and construction of its public library project, <br /> Grantee shall conform to the requirements of the Califomia Reading and Literacy Improvement <br /> and Public Library Construction and Renovation Bond Act of 2000 (Act), the regulations <br /> implementing the Act, and shall expend grant funds in accordance with the Act and applicable <br /> ._, regulations. <br />