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TASK <br /> Task 1 -Assist the District with the Chatfield Reservoir Reallocation Project Cost Increase <br /> DELIVERABLE <br /> Grantee shall provide a Final Report consisting of a letter from either the Chatfield Reservoir Mitigation <br /> Company or DNR that confirms the Grantee's Reallocation Project's escrow account has been fully funded at <br /> the revised cost estimate rate of$8,300.97/AF. <br /> BUDGET&SCHEDULE <br /> See Exhibit B. <br /> REPORTING REQUIREMENTS <br /> The Grantee shall provide a Final Report as described under the Deliverable section of this Exhibit A. <br /> PAYMENT <br /> Upon the latter of July 1, 2018 or grant execution,CWCB will transfer$511,894.20 from the CWCB <br /> Construction Fund and into the Grantee's existing escrow account established for the Chatfield Reservoir <br /> Reallocation Project. Payment withdrawn from of the Grantee's escrow account will be based on actual <br /> expenditure backed by invoices for all work completed. Deposits and withdraws into the Grantee's project <br /> escrow account will be performed per the Escrow Agreement signed by the District, the Chatfield Reservoir <br /> Mitigation Company, and DNR.The local match for the Grant Term is$7,164,722.68. <br /> PERFORMANCE MEASURES <br /> Performance measures for this contract shall include the following: <br /> (a) Performance standards and evaluation: Grantee will remain a Reallocation Project participant in an amount <br /> at least equal to its current total participation rate of 4,274 AF. Grantee shall insure the Chatfield Reservoir <br /> Mitigation Company provides all construction invoices applicable to this grant,currently provided through the <br /> Districts CWCB loan pay requests. <br /> (b)Accountability: Repayment of this grant will be required if the District reduces its ownership share of the <br /> Reallocation Project below 4,274 AF. Any ownership reduction below that amount will be considered to be <br /> from WMDC Storage Space resulting in a pro rata grant repayment to CWCB. <br /> (c) Monitoring Requirements: Grantee is responsible for ongoing monitoring of Reallocation Project progress <br /> (d) Noncompliance Resolution: Payment will be withheld if grantee is not current on all grant conditions. <br /> Flagrant disregard for grant conditions will result in a stop work order and cancellation of the Grant <br /> Agreement. <br /> Exhibit A Page 2 of 2 <br />