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2009/12/23 Council Agenda Packet
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2009/12/23 Council Agenda Packet
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Council Agenda Packet
Date
12/23/2009
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8 <br /> Required Performance: <br /> I. Review changes to the stamped plans and verify conformity with the design intent. <br /> Provide technical support as necessary to complete construction. <br /> Task 3—Construction <br /> Construction contract costs <br /> Required Performance: <br /> 1. Assure that the project is constructed in accordance with approved contract documents, <br /> addenda and change orders. <br /> 2. Document changes to the stamped plans. <br /> Task 4—Not Used <br /> Required Performance: <br /> PART V(a). SPECIAL TERMS AND CONDITIONS <br /> Include any special terms and conditions as needed. <br /> PART VI. LOAN INTEREST RATE AND TERMS <br /> Source and Availability; LOAN Amounts; LOAN Terms <br /> This AGREEMENT will remain in effect until the date of final repayment of the LOAN, unless <br /> terminated earlier according to the provisions herein. <br /> Subject to all of the terms, provisions, and conditions of this AGREEMENT,and subject to the <br /> availability of funds, the DEPARTMENT will loan to the RECIPIENT the sum of six million two <br /> hundred forty-nine thousand six hundred fifty two dollars($6,249,652) (Estimated LOAN Amount). <br /> When the PROJECT Completion Date or the Initiation of Operation Date has occurred, if appropriate, <br /> the DEPARTMENT and the RECIPIENT will execute an amendment to this AGREEMENT which <br /> details the final LOAN amount(Final LOAN Amount), and the DEPARTMENT will prepare a final <br /> LOAN repayment schedule, in the form of ATTACHMENT 8. The Final LOAN Amount will be the <br /> combined total of actual disbursements and all accrued interest to the computation date. <br /> The Estimated LOAN Amount and the Final LOAN Amount(in either case, as applicable, LOAN <br /> Page 8 <br /> 49 <br />
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