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expenses as described below, the CWCB will pay to the BoRaowER the amount set <br />forth in the report or such portion that has been approved by the CWCB. Such <br />payment shall be made within thirty (30) days from the CWCB's approval of each <br />progress report. <br />SECTION 1 1- 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 C150256 <br />Page 4 of 4 <br />