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L.Interest during completion of the PRO�ECT pursuant to Paragraph A.4 of the Contract. M. Legal services for reviewing engineering services contracts, reviewing this Contract, reviewing construction contract documents, and for complying with all federal, state, and locai regulatory requirements. SECTION 9 — DISBURSEMENT SCHEDULE For Project costs, the BoRROw►ER shall prepare a periodic progress report which contains a statement of the PRO�ECr costs expended for that period and shall forward said statement to the CWCB. After receipt of the periodic progress report from the BoRROVU�R, and review and acceptance of the items therein as eligible expenses as described below, the CWCB will pay to the BoRROwER the amount set forth in the report or such portion that has been approved by the CWCB. Such payment shall be made within thirty (30) days from the CWCB's approval of each progress report. For a water rights purchase, the BoRROwER shall prepare a vimtten request for funds that shall describe the upcoming closing on water rights purchase including, but not iimited to, the name of the seller, cost, closing date, and appraisal value and support documentation in the form of copies of the sales agreement and the appraisal pursuant to Section 7(a) above. After receipt of the written request from the BORROWER, and review and acceptance of the items therein as eligible expenses as described above, the CWCB will pay to the Bo�ROVV�R the amount set forth in the request or such portion that has been approved by the CWCB. Such payment shall be made within thirty (30) days from the CWCB's approval of eaeh request. SECTION 1 O— TIME FOR PERFORMANCE PRO��cT Beginning: Upon Effective Date of this Contract (the date this contract is signed by the State Controller or his designee). PRO�ECT Finish: Three years from the Effective Date of this Contract Appendix 1 to Loan Contract C150194 Page 4 of 4