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<br />projects <br />entities. <br />3. Each party to this Agreement agrees that, upon its approval <br /> <br />of, and award of, funds for any TCG recommended project, this <br /> <br />requiring <br /> <br />approval <br /> <br />of <br /> <br />the <br /> <br />participating <br /> <br />governmental <br /> <br />Interlocal <br /> <br />Agreement <br /> <br />shall <br /> <br />serve <br /> <br />as <br /> <br />authorization <br /> <br />for <br /> <br />the <br /> <br />participating jurisdictions to proceed with that project without <br /> <br />further written agreement between the parties, unless the parties deem <br /> <br />it in their best interest with respect to the project to reduce <br /> <br />additional issues to formal agreement. <br /> <br />4. Each party to this Agreement shall have the right of access <br />at reasonable times to observe and inspect all the other parties <br /> <br />books, records and other information of whatsoever nature related to <br /> <br />TMDL activities and the work of the TCG. <br />5. Each party to this Agreement shall retain its right to <br />approve, disapprove, or modify its participation in any TCG <br />recommended project or activity and shall further retain its right to <br /> <br />decide the amount of its financial participation, if any, in such <br /> <br />projects and activities. <br /> <br />6. Any party may terminate its participation in this Agreement <br /> <br />by giving sixty (60) days written notice of its intention to do so to <br />the other parties. Upon a party's withdrawal from participation in <br />this Agreement, its representation on the TCG shall also be withdrawn. <br /> <br />7. This Agreement is solely for the benefit of the formal <br /> <br />parties herein and no right or cause of action shall accrue upon, or <br /> <br />by reason hereof, to or for the benefit of any third party not a <br /> <br />formal party thereto. <br /> <br />5 <br />