(i) to proceed expeditiously with, and complete, the project as
approved by the commissioner,
(ii) to apply for or make reasonable efforts to secure federal
assistance, if any, for the project,
(iii) to secure the approval of the commissioner before applying for
such federal assistance, in order to maximize the amounts of such
assistance received or to be received for all projects in New York
state,
(iv) to provide for the municipality's, county's or city of New York's
share of the cost of the project, if any;
d. A provision that, in the event that federal assistance which was
not included in the calculation of the state payment becomes available
to the municipality, county or city of New York the amount of the state
payment shall be recalculated with the inclusion of such federal
assistance and the municipality, county or city of New York shall pay to
the state the amount by which the state payment actually made exceeds
the state payment determined by the recalculation.
e. In connection with each contract, the commissioner shall keep
adequate records of the amount of the payment by the state and of the
amount of federal assistance, if any, received by the municipality,
county or city of New York. Such records shall be retained by the
commissioner and shall establish the basis for recalculations of the
state payment as required herein.