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ACTIA 2002-26.01 <br />Reports are not complete and current, approval of invoices shall be withheld until an acceptable <br />remedy has been implemented. In the event that SPONSOR invoices ACTIA prior to the year a <br />project receives ACTIA funding, invoice shall be held by ACTIA until the year funding is <br />programmed. ACTIA agrees to escalate the payment of the invoice using the CHCCI from the <br />date of invoice approval to the date of payment, or from the invoice date to the date of payment, <br />whichever is less. <br />(7) Unanticipated reimbursable costs on PROJECTS up to 15% of the ACTIA participation <br />will be the first priority use of Excess Revenues. <br />(8) There is no provision in the PLAN for cost overruns on PROJECTS beyond 15% and <br />escalation. If costs for PROJECTS exceed the available Measure B funds, ACTIA and the <br />SPONSOR will work together to identify additional outside fund sources or to revise the scope <br />of a project to meet the available funds. Should a project become infeasible due to a funding <br />shortfall, then these funds will be considered "Unused Funds" as defined in EXHIBIT "D", <br />Appendix B, "Policy Regarding the Definition and Use of Excess Revenues and Unused Funds". <br />(9) If additional funding is obtained beyond the non-ACTIA funds identified in the PLAN to <br />partially offset the ACTIA funds planned for the PROJECTS, ACTIA funds will not be totally <br />transferred out of a project until after it is ensured that that project can be delivered if there are <br />cost increases. If ACTIA funds are available after the PROJECTS completion, they will be <br />declared Unused Funds and reprogrammed as described in EXHIBIT "D", Appendix B, "Policy <br />Regarding the Definition and Use of Excess Revenues and Unused Funds". <br />(10) In the event that new outside fund sources, such as federal or state funds, are leveraged <br />with Measure B funds beyond the amounts identified in the PLAN and this causes Measure B <br />funds to be available at the completion of a project, the funds will be declared Unused Funds and <br />reallocated in accordance with ACTIA Policy as shown in EXHIBIT "D", Appendix B, "Policy <br />Regarding the Definition and Use of Excess Revenues and Unused Funds". <br />(11) In the event that ACTIA funds are displaced by other funds obtained by SPONSOR, the <br />savings shall be declared Unused Funds and be distributed in accordance with ACTIA policy as <br />Page 12 <br />