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� ` <br /> C. Project means the mass transportation capital project for which grant funds are to be used by the <br /> Grantee pursuant to this Agreement, as described in Grantee's final approved application. <br /> D. Project Facilities means any facilities, equipment or real property purchased, acquired, <br /> constructed, improved, renovated or refurbished as part of the Project. <br /> E. "FTA"means the Federal Transit Administration of the United States Department of <br /> Transportation. <br /> F. "GovemmenY'means both the United States federal government and the State of Illinois state <br /> government or any of its federal or state agencies. <br /> G. "Contractor"or"Third Party Contractor"means a vendor or contractor of the Grantee, paid or <br /> financed in whole or in part with federal or state assistance. <br /> ITEM 2 -THE PROJECT <br /> The Grantee agrees to undertake and complete the Project and to provide for the use of Project Facilities, <br /> in the manner set forth in the Grantee's final application that has been approved by the Department,for <br /> the amounts set forth in by the Approved Project Budget, a copy of which budget is attached hereto and <br /> incorporated herein as Exhibit"B", and in accordance with this Agreement and all applicable laws and <br /> regulations. The Project, which is more particularly described in the plans, specifications and schedules <br /> set forth in the Grantee's final approved application, is generally described as follows: <br /> 11.12.02a Purchase three heavv-duty buses <br /> 11.12.02b Continqencv . <br /> 11.12.02c Purchase two heavy-dutv buses <br /> 11.12.02d Purchase two heavv-dutv buses <br /> 11.12.02e Purchase two heavy-dutv buses <br /> . 11.12.02f Purchase four heavv-dutv buses <br /> ITEM 3 -AMOUNT OF GRANT <br /> The estimated Net Project Cost is$3,635,000. The Department agrees to make a Grant reimbursing the <br /> Grantee in an amount not to exceed $3,635,000, provided, however, the Department(at its sole <br /> discretion) may agree to increase the amount of the Grant in excess of the amount specified herein, but in <br /> no event shall the amount(s) provided by the Department under this Agreement or any subsequent <br /> Amendment to this Agreement exceed each of the respective percentages of the items of cost shown <br /> below. The amount of the Grant will fund the actual costs of certain items in the Grant, as determined by <br /> the Department upon completion of the Project, to be calculated as follows: <br /> A. The following item(s)will be funded by this Grant at a rate of 80% of actual net project costs in <br /> federal funds and 20% of actual net project costs in state funds: <br /> 11.12.02a Purchase three heavv-duty buses <br /> 11.12.02c Purchase two heavv-duty buses <br /> 11.12.02e Purchase two heavy-duty buses <br /> 11.12.02f Purchase four heavv-duty buses <br /> B. The following item(s)will be funded by this Grant at a rate of 100% of actual net project costs in <br /> state funds: <br /> 11.12.02b Contingencv <br /> 11.12.02d Purchase two heavy-duty buses <br /> No liability shall be incurred by the State in excess of the aforementioned amount(s)of the Grant. <br /> State/Federal Capital Grant page 5 <br />