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H. Interest during completion of the 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 />M. PROJECT- related expenses incurred prior to the EFFECTIVE DATE of this CONTRACT in <br />accordance with the approval of this loan. <br />10 — DISBURSEMENT SCHEDULE <br />For Project costs: The BORROWER shall prepare a periodic progress report which <br />contains a statement of the PROJECT costs expended for that period which shall <br />include tasks and subtasks funded with WSRA monies and shall forward said <br />statement to the CWCB. After receipt of the periodic progress report from the <br />BORROWER, and review and acceptance of the items therein as eligible expenses as <br />described below, the CWCB will pay to the BORROWER the amount set forth in the <br />report or such portion that has been approved by the CWCB. Such payment shall <br />be made within thirty (30) days from the CWCB's approval of each progress report. <br />The sequencing of CWCB fund disbursements will be issued at a prorated ratio of <br />1:1, up to the approved limit, for design and construction activities related to the <br />PROJECT. <br />SECTION 11 — TIME FOR PERFORMANCE <br />PROJECT Beginning: Upon EFFECTIVE DATE of this CONTRACT (the date this <br />CONTRACT is signed by the State Controller or his designee). <br />PROJECT Finish: Four (4) years from the EFFECTIVE DATE of this CONTRACT <br />Appendix 1 to Loan Contract C150342 <br />Page 4 of 4 <br />