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MTC/City of San Leandro <br />Master Funding Agreement for FY 2021-22 to FY 2030-31 <br />Page 44 <br /> <br /> <br />serving a sixty (60) day advance written notice of termination on AGENCY, setting forth the manner in <br />which AGENCY is in default. If AGENCY does not cure the breach or describe to MTC’s satisfaction a <br />plan for curing the breach within the sixty (60) day period, MTC may terminate this Agreement or the <br />applicable Supplement for cause. In the event of such termination for cause, AGENCY will be entitled <br />only to those costs incurred for already completed Project work, not to exceed the maximum amount <br />payable under this Agreement for such Project work, however, in no event shall MTC be required to <br />reimburse AGENCY for any costs incurred for work causing or contributing to the default. <br /> <br />C. If the Project is cancelled, suspended indefinitely, or otherwise not completed for any reason, <br />AGENCY shall repay MTC any RM1, RM2 and/or AB 1171 funds, as applicable, expended that exceed <br />MTC’s proportionate share of eligible costs for the Project. <br /> <br />D. Upon completion of the Project, AGENCY will properly account for all Project costs incurred. <br /> <br />E. The applicable Supplement shall terminate upon closeout of the PROJECT in accordance with <br />Policies and Procedures in MTC Resolution No. 3636, Revised, or on the termination date, if any, set forth <br />in the Supplement, whichever is sooner. <br /> <br />F. The terms and conditions of this Agreement include the following and each is incorporated by <br />reference herein as if fully set forth herein. <br /> <br />Attachment A – Updated Initial Project Report (Allocation Request) <br />Attachment B – AGENCY Resolution(s) (and opinion of counsel, if applicable) <br />Attachment C – MTC Resolution(s) Approving Project Request(s) <br />Attachment D – MTC Resolution No. 3636, Revised <br />Attachment E – Reimbursement Schedule <br />Attachment F – Allocation Request Schedule <br /> <br /> <br />417