TOTAL ELIGIBLE PROJECT COSTS. A. Participating County shall only be reimbursed by the State from State Financing for Eligible State Costs. “Eligible State Costs” means reasonable and necessary Project costs actually incurred in construction of the Project and as specified in Exhibits A and B attached to the Agreement. Eligible State Costs also must be eligible for lease-revenue bond financing pursuant to this Agreement (including all Exhibits referenced therein) and all California state laws, rules, regulations, guidelines, and policies including, without limitation, Title 15, SB 81 Financing Program regulations and any other Applicable Laws. Such Eligible State Costs shall include, but are not limited to, the items set forth in subsection (1) through (4) below. Participating County shall receive BSCC’s written consent prior to Participating County’s incurring the expense for any Project costs not listed below and for which Participating County wants State reimbursement provided such expenses do not fall within Participating County Costs as defined below in subsection (B).
Appears in 2 contracts
Sources: Local Youthful Offender Rehabilitative Facility Construction Agreement, Local Youthful Offender Rehabilitative Facility Construction Agreement