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7. At such time as SOCIETY has completed the following <br />requirements: <br />A. Raised sufficient funds so that <br />when added together with CITY'S <br />Five Thousand Dollars ($5,000) <br />appropriation, said funds shall totally <br />finance said FOUNDATIONS PROJECT. <br />B. Provided proof of such sufficiency <br />of funds to the Director of Finance of <br />the City of Santa Ana; <br />C. Secured by contract, a licensed and bonded <br />contractor to perform the construction and <br />placement phases of said FOUNDATIONS PROJECT. <br />D. Provided proof of such bonded and <br />licensed contractor to the aforementioned <br />Finance Director; <br />then and only then shall said Finance Director authorize the <br />dispersal of funds from the aforesaid trust or passbook <br />account to SOCIETY. <br />8. After the receipt of said Five Thousand Dollars <br />($5,000) and all accrued interest thereon, from the aforesaid <br />Finance Director, SOCIETY shall proceed to make all payments <br />for costs necessarily incurred in the FOUNDATIONS PROJECT. <br />9. In the event that within nine months (9 months) <br />9 <br />