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review and acceptance of the items therein as eiigible expenses as described <br />below, the CWCB wil( pay to the BoRROwER the amount set forth in the report or <br />such portion that has been approved by the CWCB. Such payment shall be made <br />within thirty (30) days from the CWCB's approval of each progress report. <br />SECTION 11 — TIME FOR PERFORMANCE <br />PRO�ECT Beginning: Upon Effective Date of this Contract (the date this contract is <br />signed by the State Controller or his designee). <br />PRO�ECT Finish: Two (2) years from the Effective Date of this Contract <br />Appendix 1 to Loan Contract C150207 <br />Page 4 of 4 <br />