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IV. PAYME~ The CITY shall within 90 days a a responsible off actual cost and ~ accordance with California Public It is understood increase in capa shall g?,'e credit and for the salv~ OWNER. At the election not to exceed O applicable to co such billing. Th total costs chart and less any am Detailed record: OWNER for a for verification V. GENER ~l costs accrue~ study, and/or pr with this Agrecr Agreement. If CITY's proje{ to eliminate the writing and Ci"r The Amendmer terminating the The CITY will the OWNER. relocation of the a permanent eq interchange wor OWNER shall s within 30 days Utility :ment No. 78g.3 FOR. WORK pa5, its share of the actual cost of the herein described work 'ter receipt of OWNER's itemized bill in quintuplicate, signed by icial of OVVNER's organization, compiled on the basis of the xpense incurred and charged or allocated to said work in the uniform system of accounts prescribed for OWNER by the Utilities Commission. and agreed that the CITY will not pay for any betterment or :it5,` of OWNER's facilities in the new location and that OWNER to the CITY for ail accrued depreciation of the replaced facilities ge value of materials or parts salvaged and retained or sold by ~f the OWNER, progress bills for costs incurred may be submitted WNER's recorded costs as of a specific date less estimated credits npleted work where the recorded costs are sufficient to warrant : final billing shall be in the form of an itemized statement of the ed to the project, less the credits provided for in the agreement, 3unts covered by progress billings. from which the billing is compiled shall be retained by the ~eriod of four years from the date of final bill and will be available ,y CITY, State, and Federal auditors. CONDITIONS , by OWNER as a result of CITY's request to prospect, review, .pale relocatio~ pla.n,s and ,estimates for the project associated ~en. may be bi.led pursuan, to the terms and conditions of this t which precipitated this Agreement is canceled or modified so as necessity of work by OWNER, CITY shall notify OWNER in Y reserves the right to terminate this Agreement by Amendment. t shall provide mutually acceptable terms and conditions for ~,greernent. ,rovide an utility easement equivalent to that currently enjoyed by 'he CITY has acquired a Right-of-Entry for the express use of OWNER's facility to expedite construction; the CITY will furnish ~ilvalent utility easement to the OWNER upon completion of the abmit a Notice of Completion to the CITY's Utility Engineer completion of the work described herein. 2 of 3