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Exhibit B <br /> the project and the project agreement . The project manager shall also be responsible for <br /> approving all reimbursement requests . The project sponsor shall appoint a liaison agent, <br /> who will be a member of the eligible applicant ' s staff, to act on its behalf in carrying out <br /> the terms of the project agreement . Administration of the project will be as follows : <br /> ( 1 ) Project Agreement : For each funded project, the District and the project sponsor <br /> will enter into a project agreement, prior to the release of program funds , setting forth the <br /> mutual obligations of the parties concerning the project . The project agreement shall <br /> incorporate the applicable policies and procedures of the program as outlined in this rule . <br /> Project agreements will be for a two - year period with the possibility for one , one - year <br /> extension . Any request for a one - year extension of funding shall require submittal by the <br /> PROJECT SPONSOR of a request for extension to the DISTRICT no later than July of <br /> fiscal year two of the approved project . This request will then be considered by the <br /> DISTRICT Board , whose decision shall be final . In review of these requests , the Board <br /> will take into consideration the current status and progress of the project and the ability of <br /> the applicant to complete the project within one additional year . <br /> ( 2) Matching Funds : The project sponsor shall clearly identify and enumerate the <br /> amount and source of the matching funds it will be using to match the program funds <br /> supplied by the District for an approved project . The project sponsor .shall provide <br /> suitable evidence that it has the matching funds available at the time the project <br /> agreement is executed . <br /> (3 ) Agreement Modification : All proposed changes to the project agreement must be <br /> submitted to the District in writing by the project sponsor accompanied by a statement of <br /> justification for the proposed changes . All project agreement amendments shall be <br /> approved by the District Board , except that the Executive Director may approve a minor <br /> project agreement amendment for a project within a county with the local District <br /> commissioner ' s concurrence . A minor project amendment shall not change the approved <br /> project ' s category nor result in a reallocation of more than 35 % of the approved funding <br /> of the project among project elements . Project agreement amendments will not include a <br /> change to the approved project ' s location or a change in the approved project ' s purpose <br /> or project type . Agreed changes shall be evidenced by a formal amendment to the project <br /> agreement and shall be in compliance with these rules . <br /> (4) Project Reporting : The liaison agent will submit quarterly reports to the project <br /> manager summarizing the work accomplished since the last report, problems <br /> encountered, percentage of project completion and other appropriate information . These <br /> reports shall continue throughout the length of the project period until completion of the <br /> project. The report shall be submitted on Form 95 - 02 , "Assistance Program Project <br /> Quarterly Status Report" , dated 7- 30 - 02 , hereby incorporated by reference and available <br /> at the District office . <br /> (5 ) Reimbursement Requests : The liaison agent may submit periodic reimbursement <br /> requests during the project period in accordance with Rule 6613 - 2 . 011 , F . A . C . The project <br /> manager will approve or disapprove all reimbursement requests . The final payment of <br /> program funds will be made upon certified completion of the project by the District . <br /> ( 6) Project Inspection : Upon reasonable request , the project manager shall have the <br /> right to inspect the project and any and all records relating to the project . <br /> (7) Project Completion : The project shall be completed within three (3 ) years of the <br /> date of the beginning of the District ' s first fiscal year for which the project was approved . <br />