Laserfiche WebLink
may deduct progress payments made to the City from future payments to the City. <br /> <br /> (18) OUTDOOR ADVERTISING: The City further agrees that the right of way <br />provided for any Surface Transportation Program improvement will be held and <br />maintained inviolate for public highway or street purposes, and will enact and en¢orce <br />any ordinances or regulations necessary to prohibit the presence of billboards or other <br />advertising signs or devices and the vending or sale of merchandise on such right of <br />way, and will remove or cause to be removed from such right of way any sign, private <br />installation of any nature, or any privately owned object or thing which may interfere with <br />the free flow of traffic or impair the full use and safety of the highway or street. <br /> <br /> (19) PROJECT AUDIT: The Commission will perform a final audit of project <br />costs. The United States Government shall reimburse the City, through the <br />Commission, any monies due. The City shall refund any overpayments as determined <br />by the final audit. <br /> <br /> (20) OMB AUDIT: If the City expend(s) three hundred thousand ($300,000) or <br />more in a year in federal finance assistance it is required to have an independent <br />annual audit conducted in accordance with OMB Circular A-133. A copy of the audit <br />report shall be submitted to the Missouri Department of Transportation (MoDOT) within <br />thirty (30) days of the issuance of the report. Subject to the requirements of OMB <br />Circular A-133, if the City expend(s) less'than three hundred thousands dollars <br />($300,000) a year, the City may be exempt from auditing requirements, for that year but <br />records must be available for review or audit by applicable state and federal authorities. <br /> <br /> (21) <br />other judicial <br />breach, shall <br /> <br />VENUE: It is agreed by the parties that any action at law, suit in equity, or <br />proceeding to enforce or construe this Agreement, or regarding its alleged <br />be instituted only in the Circuit Court of Cole County, Missouri. <br /> <br /> (22) LAW OF MISSOURI TO GOVERN: This Agreement shall be construed <br />according to the laws of the State of Missouri. The City shall comply with all local, state <br />and federal laws and regulations relating to the performance of this Agreement. <br /> <br /> (23) AMENDMENTS: Any change in this Agreement, whether by modification <br />or supplementation, must be accomplished by a formal contract amendment signed and <br />approved by the duly authorized representatives of the City and the Commission. <br /> <br /> (24) COMMISSION REPRESENTATIVF: The Commission's chief engineer is <br />designated as the Commission's representative for the purpose of administering the <br />provisions of this Agreement. The Commission's representative may designate by <br />written notice other persons having the authority to act on behalf of the Commission in <br />furtherance of the performance of this Agreement. <br /> <br /> (25) NOTICES: Any notice or other communication required or permitted to be <br />given hereunder shall be in writing and shall be deemed given three (3) days after <br />delivery by United States mail, regular mail postage prepaid, or upon receipt by <br /> <br />:5- <br /> <br /> <br />