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�1 i <br />such expenses as may be necessary to cure the cause of default; <br />(c) take possession of the project, repaic, maintain, and <br />operate or lease it; (d) act upon the security (desccibed in <br />paLaq=aph A.14. above) conveyed to the State; (e) take action <br />to enforce paraqraphs A.11. and 13. above; and/or (f) take any <br />othec apptopriate iegal action. All remedies described herein <br />may be simultaneously or selectively and successively <br />enforced. The provisions of this cont�act may be enfoLCed by <br />the State at its option without Leqard to prior waivers by it <br />of previous defaults by the Conttactor, throuqh judicial <br />proceedinqs to requice specific petformance of this contract, <br />or by such other proceedinqs in law oc equity as may be deemed <br />necessary by the State to ensure compliance with provisions of <br />this contract and the laws and regulations undeL which this <br />contract is entered into. <br />C. The State agrees that it shall: <br />1. Loan to the Contractot foL the constcuction of the <br />project an amount not to exceed Two Hundced Fifty Thousand <br />Dollacs ($250,000). Said Two EiundLed F'ifty Thousand Dollars <br />($250,000) shall be made available to the Contractor in <br />accotdance with the following tetms and conditions: <br />a. Commencinq ten (LO) days from the date of this <br />contract and foc every month thereafter until said <br />pLOject has been completed, the Contractor shall <br />prepare, with the assistance of the Consultant <br />referred to in paraqraph A.1. above, an estimate of <br />the funds required for pL ' ct construction ducinq <br />that month and sha r said estimate to the <br />State not less tha� 15) days ptior to the <br />beqinninq of such h. <br />b. Upon receip a���he State of such <br />monthly estimate�� �ate will, wit�hin forty (40) <br />days from the receipt of sucte estimate, pay over to <br />the Contractor the amount of the monthly estimate or <br />such portion thereof as has been approved by the State. <br />c. No payments will be made under this contract <br />unless and until the proje�t plans and specifications <br />referred to in paraqraph A.1. above a=e apptoved by <br />the State in writinq. <br />d. Project construction costs eliqible for payment by <br />the State shall be limited to the cost of: <br />(1) Preparing final designs and specifications <br />for the project. <br />(2) Pceparinq bid and consttuction contract <br />documents. <br />(3) Preparinq environmental assesement or <br />environmental impact statements, and otherwise <br />complyinq with the federal National Environmental <br />Policy Act. <br />(4) Complyinq with all federal, State, and local <br />Lequlatoty cequi=ements, includinq the obtaininq <br />of all =equired pe=mits. <br />(5) Land and wate= riqhts acquisitions needed fot <br />the project, includinq the necessary appraisals <br />and evaluations. <br />(6) Fish and wildlife mitiqation measures <br />requiced by federal, State, or local laws and <br />requlations. <br />Paqe 5 of 10 Paqes <br />