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<br />. . <br /> <br />represents solely STATE-managed TEA fund contribution, excluding STATE's <br />PROPERTY VALUATION CONTRIBUTION." <br /> <br />6. Article 2 of Section II of the original Agreement (Document No. 015491) is hereby amended <br />by deleting the paragraph in its entirety and replacing it with the following new paragraph; <br /> <br />"2. STATE-managed TEA fund contribution for eligible PROJECT costs, excluding <br /> <br />STATE's PROPERTY VALUE CONTRIBUTION, shall be up to 75.2% of the eligible <br /> <br />PROJECT costs, not to exceed $439,000 for right of way acquisition, design and <br /> <br /> <br />construction costs, as shown on Exhibit B." <br /> <br />7. <br /> <br />New article, Article 3 is hereby added to Section II of the original Agreement (Document <br />No. 015491) to read as follows; <br /> <br />"3. <br /> <br />To contribute STATE's PROPERTY VALUE CONTRIBUTION and transfer title of <br /> <br />PROPERTIES to CITY for PROJECT upon satisfaction of terms and conditions of the <br /> <br />Purchase and Sales Agreement(s) to be executed by STATE and CITY for PROPERTIES, <br /> <br />Article 6, Section I of this Agreement, and approval of the sale of PROPERTIES by the <br /> <br />California Transportation Commission." <br /> <br />8. <br /> <br />New article, Article 7.1 is hereby added <br />(Document No. 015491) to read as follows: <br /> <br />to Section III of the original Agreement <br /> <br />"7.1 STATE and CITY agree that the total fair market value of PROPERTIES was <br /> <br />determined to be $376,790 on November 14, 2003. STATE and CITY further agree that <br /> <br />CITY will utilize STATE-managed TEA funds and/or CITY funds to pay STATE, on <br /> <br />Orange County Transportation Authority behalf, in the amount of $116,805 for Orange <br /> <br />County Transportation Authority's proportionate interest, which is determined 31% of <br /> <br />the fair market value of PROPERTIES. STATE and CITY acknowledge and agree that <br />STATE's PROPERTY VALUE CONTRIBUTION to CITY for PROJECT is above and beyond <br />the $439,000 of STATE -managed TEA funds described in this Agreement." <br /> <br />9. Article 8 of Section III of the original Agreement (Document No. 015491) is hereby amended <br /> <br />by deleting the paragraph in its entirety and replacing it with the following new paragraph: <br /> <br />"Any changes to PROJECT before, during or after PROJECT acquisition and/or <br /> <br />construction that does not comply with or is in conflict with TEA Program requirements <br /> <br />015481 <br />