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, 04- ALA -O -SLN 06/06/2002 <br /> SB99- 5041(001) <br /> SPECIAL COVENANTS OR REMARKS <br /> 1. SPECIAL COVENANTS FOR SLTPP PROJECTS UNDER EARLY <br /> REIMBURSEMENT PLAN AND UNDER $300,000 STATE SHARE <br /> These Covenants supersede any conflicting provisions of the <br /> Master Agreement: <br /> A. The LOCAL ENTITY agrees that the payment of "State <br /> ShareFunds" will be limited to the lesser of the product of <br /> multiplying the calculated pro rata percentage as determined by <br /> the STATE by either: <br /> (a) The eligible award amount or <br /> (b) The total eligible State /Local Partnership Project <br /> cost in the approved State /Local Partnership Program <br /> Application and accepts any consequent increase in <br /> LOCAL ENTITY funding requirements. <br /> B. The LOCAL ENTITY will invoice the State for the full "State's <br /> Share" after the contract award or upon the State Budget Act• <br /> appropriation of funds, whichever occurs later. "State's Share" <br /> is considered a grant and will be reimbursed as a lump sum <br /> payment regardless of final project cost. <br /> C. Prior to reimbursement under this Program Supplement, a <br /> Request For Early Reimbursement form, executed by the LOCAL <br /> ENTITY, must be on file with the STATE. <br /> D. The financial audit and Final Project Expenditure Report <br /> provisions of Sections 9 and 10 of ARTICLE I of the Master <br /> Agreement are not applicable to this PROJECT. <br /> 2. In accordance with the State -Local Transportation Partnership <br /> Program Guidelines dated July 1, 1996, project eligibility is <br /> limited to contract items plus locally funded State or Local <br /> Entity furnished materials and Supplemental Work (if eligible). <br /> Supplemental Work eligibility is further defined under the <br /> Project Eligibility section of the Guidelines. <br /> 3. The Reimbursement Ratio for this Cycle 9 (98/99) Project is <br /> 16.59 %. <br /> Program Supplement SLTPP-5041-003- Page 2 of 2 <br />