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<br />-- <br /> <br />-".,. <br /> <br />a. Beginning with the monthly period commencing <br />May 1, 1982, and for every month thereafter until <br />said project has been completed, the Contractor shall <br />prepare with the assistance of the consulting <br />engineer referred to in paragraph Al above an <br />estimate of the funds required from the State for <br />project constructio~ during that month and shall <br />forward said estimate to the State not less than <br />fifteen (15) days prior to the beginning of such <br />month. <br /> <br />b. Upon receipt and approval by the State of such <br />monthly estimate, the State will, within forty (40) <br />days from the receipt of such estimate, pay over to <br />the Contractor the amount of the monthly estimate or <br />such portion thereof as has been approved by the <br />State. <br /> <br />c. No payments will be made under this contract <br />until the project plans and specifications referred <br />to in paragraph Al above are approved by the State. <br /> <br />I. Upon completion of the payment of the full purchase <br />price to the State in the sum of Three Million One Hundred <br />Four Thousand Four Hundred Sixty-Seven Dollars and Sixty <br />Cents ($3,104,467.60), as set forth in paragraph A12 of <br />this contract, the State agrees to convey to the <br />Contractor all of the State's right, title, and interest <br />in and to the project by deed or other proper conveyance. <br /> <br />Page 2 of 4 Pages <br />