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<br />" <br /> <br />.. <br /> <br />3. The State agrees that it will: <br /> <br />a. Make available to the Contractor for the purposes of this <br />contract the sum of Eight Hundred Eighty Thousand Dollars ($88D,000). <br />Said Eight Hundred Eighty Thousand DollarS ($880,000) shall be <br />paid to the Contractor in a lump sum immediately after the <br />execution of this contract by the proper State officials and upon <br />a tender to the State of the warranty deed described in Paragraph <br />l.b of this contract. <br /> <br />b. Assist the Contractor in such technical assistance as the <br />State ueems appropriate in planning, constructing, 'and operating <br />the project and in coordinating the project with local official <br />comprehensive plans and with any state or area plans for the <br />area in which the project is located. <br /> <br />c, Upon completion of the payment of the full p~rchase price to <br />the State in the sum of One Million; Five Hundred Twenty-Two <br />Thousand, Seven Hundred Twenty Dollars ($1,522,720), as set <br />forth in paragra~h l.h. of this contract, to convey to the Contractor <br />all of the State s right, title, and interest in and to the project <br />by deed or other proper conveyance. <br /> <br />4. In its sole discretion, the State may at any time give any consent, <br />deferment, subordination, release, satisfaction, or termination of <br />any or all of the Contractor's obligations under this agreement, with <br />or without valuable consideration, upon such terms and conditions as the <br />State may determine to be (a) advisable to further the purposes of <br />this contract or to protect the State's financial interest therein, and <br />(b) consistent with both the statutory purposes of this contract and <br />the limitations of the statutory authority under which it is made. <br /> <br />Page 3 u [ 5 pil~CS <br />