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<br />r-- <br />I~ <br />L/ <br /> <br /> <br /> <br /> <br />i~ <br /> <br /> <br /> <br /> <br />it <br /> <br /> <br /> <br />J <br />Exhibit A <br />l3. The Department shall have no obligation to disburse any of the Grant unless and until the <br />Grantee demonstrates that it has acquired all permits necessary to construct and operate <br />the Project. <br />C. The Department shall have no obligation to disburse any of the Grant unless and until the <br />Grantee demonstrates that it has satisfactorily complied with the California Environmental <br />Quality Act (CEQA) for the Project. <br />D. The Grantee shall deposit all Grant funds into the Account upon receipt. <br />E. Grant disbursements to cover Project Costs may be made either (1) in advance of Project <br />work or (2) after the occurrence of work (in arrears). <br />1. Grant advances shall be subject to the following conditions: <br />(a) The Grantee may request a Grant advance from the Department to cover <br />those Project Costs expected to occur in the succeeding Thirty {30) day <br />period. <br />(b) Requests for Grant advances may not be made more than once every Ninety <br />(90) days. <br />(c) The Grantee must request advances in writing. Invoices or other evidence <br />of Project Costs must accompany requests. <br />(d) The Department may withhold from Grant advances an amount equal to Ten <br />Percent (10%) of each disbursement until the Department has accepted the <br />Project as complete and has approved all Project Costs. The Grantee shall <br />provide the following to the Department: <br />(i) A Project Completion Certificate (or equivalent) <br />(ii) An accounting of all Grant funds <br />(e) All expenditures of advanced Grant funds must have prior approval of the <br />Department. <br />(f) The Grantee shall place in the Account any advanced Grant funds that are <br />not required to meet immediate contractual obligations; any interest accrued <br />from such investments shall be deposited into the Account and applied <br />towards the Project Costs. <br />(g) The Grantee shall request Department approval of the final expenditure of <br />advanced Grant funds no later than Thirty {30) days following the <br />Department's acceptance of the Project as completed. <br />(h) The Grantee shall return to the Department all Grant funds, including <br />interest, remaining in the Account after all Project Costs have been paid no <br />REVISION 01/21/04 <br />3 <br />C35ANLEANDP.O1 <br />