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ACTIA Bicycle/Pedestrian Countywide Discretionary Fund Program ACTIA No. A07-0012 <br />DRAFT Cycle 3 Grant Funding Agreement <br />SECTION II <br />PROJECT SPONSOR OBLIGATIONS: <br />1) Project Sponsor will implement the Project in accordance with this Agreement and <br />Attachment A: Project Description and Task Breakdown, Attachment B: Task Deliverables <br />and Project Milestone Schedule, Attachment C: Task Budgets and Other Funding, Attachment <br />D: Project Contact Information, Attachment E: Project Reporting Requirements, Attachment <br />F: Sample Project Progress Report, and Attachment G: Contract Reporting Form, which are <br />hereby incorporated into this Agreement. Project must be initiated within one year of the <br />Grant Notice to Proceed Date, as specified in Attachment A, and be completed in accordance <br />with Attachment B. <br />2) Project Sponsor will implement the Project in a manner consistent with the information <br />contained in the project application submitted by Project Sponsor to ACTIA. Said application <br />is hereby incorporated into this Agreement by reference. <br />3) Project Sponsor will complete the Project in accordance with the budget described in <br />Attachment C and the following conditions: <br />A. The ACTIA funding obligation under this Agreement is limited to the "Total ACTIA <br />Funds Awarded to Project" as specified in Attachment A. Any Project cost overruns axe <br />the sole responsibility of the Project Sponsor. <br />B. In the event that the "Total Project Cost" is less than the amount listed on Attachment <br />A, ACTIA may reduce the "Total ACTIA Funds Awarded to Project." Any reduction in <br />ACTIA funding will maintain the percentage, listed on Attachment A, of "Total ACTIA <br />Funds Awarded" to "Total Project Cost." In the event the "Total ACTIA Funds <br />Awarded to Project" axe reduced as provided in this paragraph, ACTIA may suspend <br />reimbursements for allowable Project costs in excess of the reduced amount of the <br />"Total ACTIA Funds Awarded to Project" until such time as an amendment to this <br />agreement is agreed upon. <br />C. Only those allowable Project costs incurred after the Grant Notice to Proceed Date, and <br />up to the completion or termination of the Project or the completion of the grant <br />funding period shown in Attachment B, whichever occurs first, axe eligible to receive <br />ACTIA funds fox reimbursement for expended Project costs. <br />D. Project Sponsor will contribute or expend those "Project Sponsor Matching Funds," if <br />any, as specified in Attachments A and C. In the event the specified "Project Sponsor <br />Matching Funds" are to be contributed by a third party, either identified by the Grant <br />Notice to Proceed Date or not yet identified, and the Project Sponsor does not receive <br />all such funds and does not arrange for an equivalent amount of replacement funds, <br />ACTIA reserves the right to terminate this Agreement in whole or in part, or renegotiate <br />the terms and conditions. <br />4) Project Sponsor must submit at least one invoice every six months to ACTIA for <br />reimbursement of eligible Project costs and expenses consistent with the schedule and budgets <br />contained in Attachments B and C, respectively, in a form provided by ACTIA or in an <br />BikePed-Cycle3-A070012-Pleasanton-MasterPlan.doc Page 2 of 18 <br />