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City of Santa Ana Grant Agreement No. G25-073 Page 8 1. A report certifying completion of the project according to the approved work program, including photographs documenting project completion. 2. Documentation that signs are installed as required by section VI. SIGNS AND ACKNOWLEDGMENT. 3. A fully executed final "Request for Disbursement." A "final Request for Disbursement" means a Request for Disbursement that includes all remaining amounts for which grantee is entitled to seek payment, pursuant to this agreement, including the final five percent or $100,000 of the funds granted under this agreement, whichever is lower. 4, A final inspection report by a licensed architect or registered engineer or the grantee's Public Works Director, and a copy of "as built" drawings of the completed project. The Conservancy shall determine whether the grantee has satisfactorily completed the project. If so, the Conservancy shall issue to the grantee a letter of acceptance of the project and disburse the remaining amounts for which grantee is entitled under this agreement. The project wilt be deemed complete as of the date of the letter. XL EARLY TERMINATION, SUSPENSION AND FAILURE TO PERFORM Before the project has commenced, either party may terminate this agreement for any reason by giving the other party seven days' prior written notice. Before the project is complete, the Conservancy may terminate this agreement for any reason by giving the grantee thirty days' prior written notice. Before the project is complete, the Conservancy may suspend this agreement for any reason by giving the grantee seven days' prior written notice. In either case, the grantee shall immediately stop work under the agreement and take all reasonable measures to prevent further costs to the Conservancy. The Conservancy shall be responsible for any reasonable and non -cancelable obligations incurred by the grantee in the performance of this agreement prior to the date of the notice to terminate or suspend, but only up to the undisbursed balance of funding authorized in this agreement. Any notice suspending work under this agreement will remain in effect until further written notice from the Conservancy authorizes work to resume. If the grantee fails to complete the project as required, or fails to fulfill any other obligations of this agreement prior to the termination date, the grantee will be liable for immediate repayment to the Conservancy of all amounts disbursed by the Conservancy under this agreement. The Conservancy may, at its sole discretion, consider extenuating circumstances and not require repayment for work partially completed. This paragraph does not limit any other remedies the Conservancy may have for breach of this agreement.