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TPWD aiid Spoiisor am•ee that the total cost of the Pi•oject is Two Hundred and Fifiv Thousand Dollars <br />($250,000) aiid that reimbtu-semeilt to Sponsor fol• work pei•foruled under tllis agi-eemerit will not exceed <br />EigJlty Percent (80%) of the projeet cost up to the gi•aiit fiinds approved, Two Hundred Thousand Dollar•s <br />($200,000). Sponsor will be paid up to $200,000 after subniitting acceptable billings to TPWD for approved <br />Nvork. <br />Sponsor may begin eonstruction only after eaecution of this agreement. Any costs incurred prior to the <br />agreenlent being signed by both parties a1•e not eligible for reimbursement. <br />This conti•act is subject to caiieellation, without penalty, either in whole or in part, if hinds are not <br />appi•opriated by the Texas Legislature, or otheitivise made available, to the Texas Parks and Wildlife <br />Department. Tlie performariee period of this contract iizay be extended by muriial aga-eement of both parties. <br />Sponsor undei'stands that acceptarice of fimds under this contract acts as acceptance of the authority of the <br />State Auditor's Office, or any suceessor agency, to concluct an audit or investigation in connection witll <br />those fiulds. Contractor fiu-t}Ier agrees to cooperate fiilly with the State Auditor's Office or its suceessor in <br />the conduct of the audit or investigation, including providing all records requested. Sponsor will ensure that <br />this clause concerning the authority to audit fiuids i°eceived indirectly by subcontractors througti Sponsor <br />aud the requirement to cooperate is include in any subcontract it awards. <br />This agi-eement is effective upon execution by the Department. <br />TEXAS PARKS AND WILDLIFE DEPARTMENT CITY OF PAR1S <br />Spoiisor <br />by <br />by <br />Tim Hogsett, Director, Recreation Grants Branc}i <br />Name aiid Title Name aiid Title <br />Date <br />❑ EPLS Date <br />~ <br />117 <br />