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shall pay its share of local matching funds in the form.of <br />contributed property, cash or credit for project-related <br />expenditures which are consistent with AUTHORITY's Policy on <br />Reimbursement or Credit attached to the Agreement as Exhibit B. <br />jAny cash contributed by COUNTY as a part of its local matching <br />funds shall conform to AUTHORITY's Policy Regarding Use of State <br />and Federal Funds as Local Match attached to the Agreement as <br />Exhibit C. <br /> <br /> (2) CITY shall dispense funds to AUTHORITY in a timely <br />manner pursuant to the Payment Schedule attached to this <br />Agreement as Exhibit A. <br /> <br /> (3) CITY agrees that it will cooperate with AUTHORITY in <br /> seeking additional sources of funding for the PROJECT. <br /> <br /> (4) The amount of local match credited for contributed <br />property shall be based upon the appraised value of the real <br />property which value shall not be adjusted for Hazardous <br />Materials or any other factor affecting the value of the <br />property. <br /> <br /> (5) CITY shall record an appropriate dedication document <br />satisfactory to the AUTHORITY and Caltrans to comply with the <br />respective party's contribution of property prior to the <br />completion of the Project. <br /> <br />0258001%22/,751.1 3 DRAFT January Zl, 1~97 <br /> <br /> <br />