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<br />expenses as may be necessary to cure the cause of default; and/or <br />(c) take possession of the system, repair, maintain, and operate <br />or lease it. The provisions of thIs contract may be enforced by <br />the State, at its option without regard to prIor waivers by it of <br />previous defduits by the Contractor, through judlcldl proceedings <br />to requIre specIfic performance of this contract or by such other <br />proceedIngs in law or equity as may be deemed necessary by the <br />State to insure compiiance with provisions of this contract and <br />the laws and regulations under which this contract is made. <br /> <br />C. The State agrees that it will: <br /> <br />1. Make available to the Contractor for the purpose of thIs <br />contract the sum of Slxty Thousand Dollars ($60,000). Sald Slxty <br />Thousand Dollars ($60,000) shall be made available to the <br />Contractor in accordance with the following terms and conditions: <br /> <br />a. Beginning with the monthly period commencing April <br />15, 1981, and for every month thereafter until said <br />project has been completed, the Contactor shall prepare <br />with the consulting engineer's help an estimate of the <br />funds required from the State for project construction <br />during that month and shall forward said estimate to <br />the State not less than fifteen (15) days prior to the <br />beginning of such 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 the <br />Contractor the amount of the monthly estimate or such <br />portion thereof as has been approved by the State. <br /> <br />2. Assist the Contractor with such technical assistance as <br />the State deems approprIate in planning, constructing, and oper- <br />ating the project and in coordinating the project with iocal <br />official comprehensive plans for sewer and water and with any <br />State or area plans for the area in which the project is located. <br /> <br />D. In its sole discretion, the State may at any time give any <br />consent, deferment, subordination, release, satisfaction, or ter- <br />mination of any or all of the Contractor's obligations under this <br />agreement, with or without valuable consideration, upon such <br />terms dnd cor,dltlons dS the StaLe mdY determine Lo be (a) ddvis- <br />able to further the purposes of this contract or to protect the <br />State's financial interest therein, and (b) consistent with both <br />the statutory purposes of this contract and the limitations of <br />the statutory authorIty under which it Is made. <br /> <br />E. Upon completion of the payment of the full purchase price to <br />the State in the sum of NInety-One Thousand Eight Hundred <br />Thlrty-Slx Dollars ($91,836) as set forth In paragraph A.9. of <br />this contract, the State agrees to convey to the Contractor all <br />of the State's right, title, and interest In and to the project <br />by deed or other proper conveyance. <br /> <br />Page 3 of 5 Pages <br />