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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 watf-r <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 />DEFINITIONS <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 Page 2 of 69 <br />