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<br />assurances, procedures or any other directives before, during and after the completion of <br />this project. <br /> <br />6. The Sponsor shall have on file with the State a current and approved Attorney's Certificate <br />of Airport Property Interests and Exhibit A property map. <br /> <br />7. The Sponsor by execution of this grant certifies that it has implemented, or will implement <br />during this project, an effective airport pavement maintenance-management program and it <br />assures that it will use such program during the period of this Agreement. It will provide <br />upon written request such reports on pavement condition and pavement management <br />programs as the State determines may be useful. Failure to comply with this condition <br />may make the Sponsor ineligible for future grants. <br /> <br />PART IV - Nomination of the Agent <br /> <br />1. The Sponsor hereby designates the State as the party to receive and disburse all funds <br />used, or to be used, in payment of the costs of said project, or in reimbursement to either <br />of the parties hereto for costs incurred. <br /> <br />2. The State agrees to assume the responsibility to assure that all aspects of the grant and <br />project are done in compliance with all applicable state and federal requirements including <br />any statutes, rules, regulations, assurances, procedures or any other directives, except as <br />otherwise specifically provided herein. <br /> <br />3. The State shall, for all purposes in connection with the project identified above, be the <br />Agent of the Sponsor. The Sponsor herewith grants the State a power of attorney to act <br />as its agent to perform the following services: <br /> <br />ReceivingIDisbursing Agent: <br />a. accept, receive, and deposit with the State Treasury any and all project funds <br />granted, allowed, and paid or made available by the Sponsor, the State of Texas, <br />or any other entity; <br /> <br />b. pay to the Sponsor, from granted funds, the portion of any approved reasonable <br />and eligible project costs incurred by the Sponsor that are in excess of the <br />Sponsor's share. <br /> <br />Paying Agent: <br />c. receive, review, approve and pay invoices and payment requests for services and <br />materials supplied In accordance with State approved contracts; <br /> <br />Page 7 of 14 <br />