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~J <br />schedule. <br />~ <br />I. If the CWCB staff determines that the PRO~ECT requires a resident inspector during <br />construction, the BoRROwER shall employ an inspector who has been approved by <br />the CWCB staff. <br />J. The BORROWER Sh811 construct the PROJECT in accordance with the approved <br />plans and specifications. <br />K. Upon completion of the PRO~ECr construction, the BoRROwER shall provide as-built <br />drawings of the PRO~ECT to the CWCB staff, or, if required by § 37-87-105, C.R.S., <br />the BoRROwER shall provide the as-built drawings to the State Engineer's Office for <br />approval and filing. <br />L. Upon completion of the PRO~ECr construction, the BoRROwE a ange a final <br />inspection for the CWCB staff. <br />M. The BoRROwER shall pay II of the xpe s relate to the P cT when such <br />bills are due. <br />SECTION 8- ELIGIBLE EXPENS The following items are eligible for loan <br />disbursements. <br />A. Preparing final designs and specifications for the PRO~ECT. <br />B. Preparing bid and construction contract documents. <br />C. Preparing environmental assessment or environmental impact statements, and <br />otherwise complying with the Federal National Environmental Policy Act. <br />D. Complying with all federal, state, and local regulatory requirements, including the <br />obtaining of all required permits. <br />E. Fish and wildlife mitigation measures required by federal, state, or local laws and <br />regulations. <br />F. Actual construction as called for in the design documents and in change orders <br />approved by the CWCB and the BoRROwER. <br />G. Engineering services for construction management, including design and <br />construction management for CWCB-approved change orders. <br />H. Interest during completion Of th@ PROJECT pursuant to Paragraph A.4 of the <br />Contract. , <br />I. Legal services for reviewing engineering services contracts, reviewing this <br />Contract, reviewing construction contract documents, and for complying with all <br />federal, state, and local regulatory requirements. ~ <br />SECTION 9 - DISBURSEMENT SCHEDULE <br />For PRO~ECT costs: The BoRROwER shall prepare a periodic progress report which <br />contains a statement of the PRO~ECT costs expended for that period and shall <br />forward said statement to the CWCB. After receipt of the periodic progress report <br />from the BoRROwER, and review and acceptance of the items therein as eligible <br />Appendix 1 to Loan Contract C150193 <br />Page 4 of 5 <br />