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AGREEMENT <br />This Santa Ana -Delhi Channel Diversion Project Agreement ( "Agreement ") is made as <br />of this _ day of , 201_, ( "Effective Date ") by and among <br />The City of Santa Ana, a California charter city <br />( "SANTA ANA "), <br />The Orange County Flood Control District, a body <br />corporate and politic ( "OCFCD "), <br />The County of Orange, a political subdivision of <br />the State of California ( "COUNTY "), <br />The City of Newport Beach, a California municipal <br />and charter city ( "NEWPORT BEACH "), <br />The City of Costa Mesa, a California municipal <br />corporation ( "COSTA MESA "), <br />The Orange County Water District, a subdivision of <br />the State of California organized under Chapter 924 <br />of the Statutes of 1933, as amended ( "OCWD "), <br />and <br />The Irvine Ranch Water District, a California water <br />district organized under Section 34000 et seq. of the <br />California Water Code ( "IRWD "); <br />which are sometimes individually referred to as "Party," or collectively referred to as "Parties." <br />The following definitions shall hereinafter apply: <br />Additional Annual O &M Costs - a Funding Party's proportionate share as specified <br />in Exhibit C2 to cover annual O &M expenses upon exhaustion of the Initial O &M <br />Deposit (as defined below). <br />Additional Participant - a third party point source discharger in the Watershed Area <br />or other Project beneficiary that has entered into an agreement signed by all Parties <br />committing its contribution toward the O &M costs in order to receive regulatory <br />compliance, offsets or credits offered by the Project. <br />Santa Ana -Delhi Channel Diversion Project Agreement D15 -013 <br />25G -6 <br />Page 2 of 74 <br />