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<br /> <br /> CSJ # <br /> District # <br /> Code Chart 64 # <br /> Proj ect: <br /> CFDA # <br /> C. If the project is not on the State Highway System, the Local Government may be <br /> responsible for all non-federal and non-state participation costs associated with the <br /> Project. Over run funding of up to fifteen percent (15%) in excess of the approved <br /> project construction cost may be approved by the State. The Local Government is <br /> responsible for any overruns not approved by the State and any operating or <br /> maintenance expenses. <br /> D. The State will be responsible for securing the federal share of funding required for <br /> the development and construction of the Project, in an amount not to exceed one <br /> hundred percent (100%) of the actual cost of the work up to the amount of <br /> construction funds approved for the Project by the Texas Transportation <br /> Commission and one hundred percent (100%) of the project development cost. <br /> Federal funds will be reimbursed on a cost basis. Project costs incurred prior to <br /> Project selection by the Texas Transportation Commission and approval by the <br /> State to proceed are not eligible for reimbursement. <br /> E. In the event the State determines that additional funding is required by the Local <br /> Government at any time during the development of the Project, the State will notify <br /> the Local Government in writing. The Local Government will make payment to the <br /> State within thirty (30) days from receipt of the State's written notification. <br /> F. Whenever funds are paid by the Local Government to the State under this <br /> agreement, the Local Government will remit a check or warrant made payable to the <br /> "Texas Department of Transportation Trust Fund." The check or warrant shall be <br /> deposited by the State in an escrow account to be managed by the State. Until the <br /> final project accounting, funds in the escrow account may only be applied by the <br /> State to the Project. <br /> G. Upon completion of the Project, the State will perform an audit of the Project costs. <br /> Any funds due by the Local Government, the State, or the Federal Government will <br /> be promptly paid by the owing party. If, after final Project accounting, excess funds <br /> remain in the escrow account, those funds may be applied by the State to the Local <br /> Government's contractual obligations to the State under another advance funding <br /> agreement. <br /> H. In the event the Project is not completed, the State may seek reimbursement from <br /> the Local Government of the expended federal funds. The Local Government will <br /> remit the required funds to the State within sixty (60) days from receipt of the State's <br /> notification. <br /> 1. The State will not pay interest on any funds provided by the Local Government. <br /> J. The State will not execute the contract for the construction of the Project until the <br /> required funding has been made available by the Local Government in accordance <br /> with this Agreement. <br /> K. If any existing or future local ordinances, commissioners court orders, rules, <br /> policies, or other directives, including but not limited to outdoor advertising <br /> billboards and storm water drainage facility requirements, are more restrictive than <br /> State or Federal Regulations, or if any other locally proposed changes, including but <br /> not limited to plats or replats, result in increased costs, then any increased costs <br /> associated with the ordinances or changes will be paid by the local government. <br /> The cost of providing right of way acquired by the State shall mean the total <br /> expenses in acquiring the property interests either through negotiations or eminent <br /> <br /> AFA_AFA_SafeRts2Schoo1 Page 8 of 14 07/07/10 <br /> <br /> 62 <br />