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3. The FTA contribution to the Project will be granted to Met Council which will <br />use or distribute the funds for Project costs, including but not limited to: <br />• right-of-way acquisition and expenses, <br />• acquisition of the BNSF commuter rail easement, <br />• payment to design support, construction, and project management <br />contractors, <br />• used for staffing costs directiv incurred for this Proiect, and <br />• other eligible Project expenses. <br />B. State of Minnesota Funding <br />1. The Parties anticipate that approximately --% 4 million of the Project will <br />be funded through a State bond funds. <br />2. The State contribution to the Project will be used for one or more of the <br />following purposes: <br />• right-of-way acquisition and expenses, "----`-- Formatted: Indent: Left: 0.75', Bulleted + <br />• acquisition of the BNSF commuter rail easement, Level: 2+Aligned at: 0.5 0 <br />+Tab after: .75 <br />+ Indent at: 0.75', Tab stops: Not at 0.75' J <br />• payment to design support, construction, and prosect management ------------------ -- --- <br />contractors, <br />• used for staffing costs directly incurred for this Project, and <br />• other eligible Project expenses. <br />•__.._.. applied -to -fight -of -way -acquisition; <br />aid to the PaFtieS fni• PFGj@Gt nvnnrt��d <br />•—da£ #£ -8� 68� d <br />re nFi 'nGurred for thf6 f r8j86t-( } — — Formatted: Not Highlight <br />— — — <br />3. The Parties recognize that the availability of FTA and State contributions to <br />the Project will not match the projected expenditure schedule for the Project. <br />Accordingly, it will be the responsibility of to develop a Master <br />Cash Flow for construction of the Project and to provide the cash flow <br />financing for the Project, except as otherwise provided for in this Master <br />Cooperation Agreement or other Project funding agreements. This Master <br />Cash Flow will show the annual amount of funds needed to support the <br />Project, the mix of funds for the various parts of the Project, and the timing for <br />these funds. <br />C. ACRRA and Citv Fundin <br />1. ACRRA <br />a. Direct Contribution. ACRRA will contribute up to $3.1 million (to be <br />.negotiated) for completion of the Project for one or more of the following <br />purposes: <br />b. CTIB Grant. ACRRA has applied for and was awarded a $1 million grant <br />for 2011 contingent upon commitment of all funding for the Project. <br />ACRRA intends to apply for additional CTIB grant in the amount of $1.816 <br />million for 2012. Parties hereby agree to comply with all applicable terms <br />and conditions of the CTIB grant agreements for the Project. <br />2. Citv <br />