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MASTER FUNDING AGREEMENT NO. C-1-2783 <br />1 <br />2 <br />3 <br />4 <br />5 <br />6 <br />7 <br />8 <br />9 <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />18 <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />prior to the disposal process. Resolution of any issues regarding whether or not a right-of-way is <br />excess to the transportation improvement will be by the mutual agreement of AUTHORITY and <br />AGENCY. Excess land acquired with CTFP funds shall be sold by AGENCY in accordance with <br />Government Code Sections 54220-54232 and proceeds from the sale shall be returned immediately to <br />1) AUTHORITY. <br />I. AGENCY will comply with all federal, state and local laws and regulations, including the <br />Renewed Measure M2 Eligibility Guidelines - Local Agency Preparation Manual and the CTFP <br />Guidelines, which are incorporated herein by reference. <br />J. AGENCY shall install and remove signage for all competitively awarded construction <br />PROJECT(s) that are in excess of $500,000 and exceed a 90 day construction period in accordance <br />with AUTHORITY specifications during construction period. AGENCY may request AUTHORITY <br />furnished signage or it may choose to provide AGENCY furnished signage so long as said signage <br />conforms to AUTHORTY specifications as follows: Signage shall include a Measure M2 logo that is a <br />minimum of twelve inches (12") tall, an OCTA logo that is a minimum of three inches (3") tall (image <br />files provided by OCTA upon request), verbiage stating "Street Improvements Funded by Measure M" <br />in Myriad Pro, bold condensed font at two hundred and fifty six (256) pt. and "Your dollars at Work" in <br />Myriad Pro, bold condensed font at one hundred and eighty (180) pt. <br />ARTICLE 5. DELEGATED AUTHORITY <br />The actions required to be taken by AGENCY in the implementation of this Agreement are <br />delegated to its Executive Director of Public Works, or his/her designee, and the actions required to be <br />taken by AUTHORITY in the implementation of this Agreement are delegated to AUTHORITY's Chief <br />Executive Officer. <br />ARTICLE 6. AUDIT AND INSPECTION <br />AUTHORITY and AGENCY shall maintain a complete set of records in accordance with <br />generally accepted accounting principles. Upon reasonable notice, AGENCY shall permit the <br />authorized representatives of the AUTHORITY to inspect and audit all work, materials, payroll, books, <br />Page 6 of 10 <br />LACammWarvinlCooperative Agreements%CTFP Master Funding AgreemenhAgreements\C-1-2783 City of Santa Ana.docx <br />25E-8