Common use of WELL CONSTRUCTION Clause in Contracts

WELL CONSTRUCTION. Funding to plan, permit, design, engineer, and construct the Mitigation Well System shall be as set forth below: 10.1.5.1.1. The Llano Quemado MDWCA and the State, acting through the New Mexico Department of Finance and Administration Local Government Division on behalf of the MDWCA, agree not to seek or accept grant funding pursuant to Section 507(a) of the Settlement Act in an amount exceeding $1,321,344 and a matching 25 % non-federal State contribution in an amount exceeding $440,448 to plan, permit, design, engineer, and construct the well and infrastructure specified in Article 7.3. 10.1.5.1.2. The Acequia Madre del Rio Chiquito, the Acequia del Monte and the State, acting through the New Mexico Department of Finance and Administration Local Government Division on behalf of the Acequias, agree not to seek or accept grant funding pursuant to Section 507(a) of the Settlement Act in an amount exceeding $884,489 and a matching 25 % non-federal State contribution in an amount exceeding $294,830 to plan, permit, design, engineer, and construct the well and infrastructure specified in Article 7.3.