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11. Construction of this PROJECT will commence in phases based on available <br />funding. <br />Phase I - Fairview Street to West Street <br />Phase IIA - Intersection of Westminster Avenue and Euclid Street <br />Phase IIB - West Street to Euclid Street <br />.,I <br />Construction costs are currently estimated at: <br />Phase I - $3,812,400 <br />Phase IIA - $ 400,000 <br />The PROJECT has received $1.772 million in Federal Funds for Phase I amounting to <br />approximately 88 percent of the total PROJECT cost. The remainder of the costs will be <br />paid for by SANTA ANA and GARDEN GROVE proportionately. The PROJECT also <br />has received $548,655 Measure "M" funds from Orange County Transportation Authority <br />for eligible construction costs at the intersection of Harbor Boulevard and Westminster <br />Avenue (Phase I). Ineligible construction costs will be paid for by SANTA ANA and <br />GARDEN GROVE proportionately. Phase IIA of the PROJECT has received $300,000 <br />from Growth Management Area No. 2 (GMA). Phase IIB has not been funded at this <br />time. A new agreement must be executed for Phase IIB when the funding becomes <br />available. <br />Construction engineering cost shall be based on a maximum of 15 percent of the <br />construction costs for each phase. <br />12. Upon completion of the Phase I and Phase IIA construction, SANTA ANA <br />agrees to furnish GARDEN GROVE with one set of "As Built" plans and a detailed <br />statement of the construction cost. SANTA ANA shall also furnish GARDEN GROVE <br />one set of original reproducible drawings for Phase IIB. <br />13. Upon completion of the PROJECT, SANTA ANA agrees to retain or cause <br />to be retained all records and accounts relating to the PROJECT for a period of seven <br />years from the date of acceptance for auditing purposes. <br />:! <br />