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! $ ¢ ? 8 10 11 15 1§ 18 17 18 ~0 such time. No action shall be taken which extends the period of construction beyond the period for which the Authority has funded interest on its Bonds unless sufficient additional funds are provided therefor. Any moneys remaining in the Construction Fund to be established under the Resolution after the construction and completion of the Project shall be applied by the Authority, as provided in the Resolution. Authority shall require that contractor or contractors who are awarded the Construction Contract shall provide as a part of said contract faithful performance bonds and labor and material bonds in favor of the Authority and the State in an amount of not less than 100% of the contract price for faithful performance and 50% of the contract price for labor and material, with a surety in a form satisfactory to the Authority and the State. Authority shall provide that the Construction Contract for the State Building shall provide for liquidated damages in the amount of not less than $800 per calendar day for each and every day's delay in making the premises ready for occupancy beyond the time prescribed. SECTION 6. MAINTENANCE AND OPERATION. The State shall, at its own expense, maintain the Leased Premises and all improvements thereon in good order, condition and repair. It is understood ~nd agreed that in consideration of the payment by the State of the rental herein provided for, the AuShority is only obligated to furnish the Leased Premises, and the Authority shall have no obligation to incur any expense of any kind or character in connection with the management, operation or maintenance of the Leased Premises during the term of this State Building Lease. The State, however, shall keep the Leased Premises and any and all improvements thereto free and clear of all liens,