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ITEM 1 - DEFINITIONS <br /> As used in this Agreement: <br /> a. Mass Transportation Service means general or special <br /> transportation service provided to the public (but not <br /> school bus, charter or sight-seeing service) on a regular <br /> and continuing basis in the service area described in the <br /> Grantee's final, approved application. <br /> b. Net Pro�ect Cost means the sum of the eligible costs <br /> incurred in performing the work on the Project, including <br /> work done by the Grantee, less proceeds from sale of scrap <br /> and replaced facilities. "Net Pro�ect Cost" does not <br /> include grant administrative costs. <br /> c. Project Facilities means any facilities, equipment or real <br /> property purchased, acquired, constructed, improved, <br /> renovated or refurbished as part of the Pro�ect. <br /> ITEM 2 - THE PROJECT <br /> The Grantee agrees to undertake and complete the Pro3ect and to <br /> provide for the use of Project facilities and equipment as <br /> described in the Grantee's final application approved by the <br /> Department, as specified by the approved Project Budget and in <br /> accordance with this Agreement and all applicable laws. The <br /> Project, which is more particularly described in the plans, <br /> specifications and schedules set forth in the Grantee's final <br /> application, is generally described as: <br /> a. seven buses <br /> b. seven fareboxes <br /> c. an air compressor <br /> d. projector and sound system <br /> e. lettering for transit building <br /> f. six passenger shelters. <br /> ITEM 3 - AMOUNT OF GRANT <br /> The Department agrees to make a Grant in an amount equal to <br /> $190,438, or 20 percent of the actual total project cost, <br /> whichever is less. The actual total project cost shall be <br /> determined by the Department after completion of the Project. <br /> No liability shall be incurred by the State in excess of the <br /> amount of the Grant. <br /> 2 <br />