Land Purchases and Improvements by City from Grants and Other Third-Party Sources. The City may, from time to time, apply for and receive moneys from State, federal or other persons or agencies which are available for contribution to the cost of the Sites and/or construction and improvement of the Clean Water Facility. The City covenants and agrees to apply any such moneys received by the City to supplement the proceeds of Bonds of the District for such purposes. The Members understand and agree that, if the City shall have contributed moneys described herein to the acquisition of the Sites and/or the construction of the Clean Water Facility, the District shall cooperate with the City in effecting a division of the parcels comprising the Site so that any City ownership or leasehold interest is accurately reflected on the books of record maintained by the Recorder of the County of Los Angeles.
