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<br />14. Comply with Construction Fund Progrdm Procedures <br />dttdched hereto dS Schedule A. <br /> <br />B. Upon default in the pdyments herein set forth to be made <br />by the Contrdctor, or In the performance of dny covendnt or <br />dgreement cOnldln(~d hereln, the Stdle, dl its oplIon, m<.1}' (d) <br />decLare the entlre principdL amount then outstdnding <br />immedidtely due dnd payable; (b) for the dccount of the <br />Contrdctor incur dnd pay reasonable expenses for repdir, <br />mdIntendnce, dnd op~ration of the system hereln descrlbed dnd <br />such expenses dS md~ be necessdry to cure the Cduse of defdult, <br />and/or (c) take pos$esslon of the system, repdlr, maintain, and <br />operate or lease it. The provisLons of this contrdct mdY be <br />enforced by the State aL its option without regdrd to prior <br />waivers by it of prevlous defaults by the Contrdctor, through <br />judicial proceedlng~ to require specifiC performance of thls <br />contract or by such other proceedings In law or equity dS mdY <br />be deemed necessary by the State to insure complidnce wlth <br />provisIons of this ~ontrdct clnd the lclws clnd regulations under <br />whLch this contract is made. <br /> <br />C. The Stdte dgrees thell it shaLl: <br /> <br />1. Make aVdllCible to the COl1tractor for the purpose of <br />this contrdct not t~ exceed the sum of Two H~ndred Seventy-SIx <br />Thousdnd Seven Hund.ed fifty Oolldrs ($276,7~O)_ Sdid Two <br />Hundred Seventy-Six ThouSdnd Seven Hundred Fifty Dolldrs <br />($276,750) shdll be mclde avallable to the Contrdctor in <br />accorddnce with the following terms dnd condltions: <br /> <br />d. Begin~ing with the monthly period commencing <br />September 1, 1981, and for every month thereelfter <br />untll selld project has been completed, the ContdcLor <br />shdll prepdre with the dssistdnce of the consulting <br />engIneer ~eferred to in .pardgrdph A.1. elbove dn <br />estimdte Qf the funds r~qulred from the Stdte for <br />project construction du~ing thdt month elnd shelll <br />forward s4Id estimate to the Stelte not less thdn <br />fifteen (15) days prior'to the beginning of such <br />month. <br /> <br />b. Upon receipt dnd approval by the Stdte of such <br />monthly estimate, the State will, within forty (40) <br />days from the receipt of such estimdte, PdY over to <br />the Contr4ctor the amount of the monthly estimate or <br />such port ton thereof as has been dpproved by the <br />State. <br /> <br />c. No paymer,ts will be mdde under thls contract <br />until the project plans dnd specificdtions referred <br />to In par4graph A.1. above dre approved by the Stdte. <br /> <br />2. Provide the Contrelctor with such technicdl dssistdnce <br />dS the. Stdte deems <!pproprlate in planning, constructing, dnd <br />operatlng the proje~t dnd in coordindting the project with <br />locdl officIal comptehensive plans for sewer dnd wdter dnd with <br />any State or drea plans for the area in which the project is <br />locelted. <br /> <br />D. Thls contract Is not assignable by the Contrdctor except <br />with written dpproval of the State. <br /> <br />E. The parties to toti:) cont.rdct intend i.hdL t.ht: n:dativnstllp <br />between them contempldted by this contrdct Is that of <br />employer-independent contrdctor. No dgent, employee, or <br />servant of the contrac~or shall be or shall be deemed to be dn <br />employee, agent, or servant of the Stdte. The Contractor will <br />be solely and entirely responsible for its acts and the dCtS of <br />lts agents, employees, servants, and Subcontractors during the <br />performdnce of thIs contract. <br /> <br />.' <br /> <br />Pdge 4 of 7 Pages <br />