GARDEN GROVE, CITY OF (19) - Laserfiche WebLink

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A G R E E M E N T THIS AGREEMENT Made and entered into this `/1 day a f b" 2 l972, by and between the City of Ga.r.-J.en Grove, a, municipal corporation, 3 ereinafter called "CARDEN GROVE" and the City of Santa Aria, a Muni cij..)aJ_ 4 porporaticn, hereinafter called "SAETA 1UIA". 5 6 WITNESSET11 THAT: 7 WHEREAS, no official agreeirie.,nt was made between the parties concerning the improvement, inodificatio-n, operation and maintenance of existing traffic �31.gna.l and Ifight ing system at -the intersection of GJestminster Avenue and Euclid I 10 treet after -portion of the intersection had been annexed by SANTA ANA; 11 WBEEEAS, a study has been completed and the conclusion drawn that traffi(-.� 12 rond.itions at the said. intersection w,,arrant the installaticni of internally- 13 ovurheud street nanict signs for the proper and order-I.y movaiment, of 14 11raf-, ' " 15 WHEREAS, portions of said property are with. -In the City boundaries of _iDEN GROVE; 16 1A ANA arido f , GAi 17 if WHEREAS, it is the desire of the parties hereto to set out their 18 -espectivc- rights and obligat.ions concerning the inprovenprit, rnodificatioii, 19 operation arid maintc=nance oP existir-.tg traffic s-ignal and lighting system at the 20 ntex-sectian of Westminster Avenue and Eucldd Street; 21 HOW THEREFORE,, for and in cons j.dera_-it,-ion of the, convenants here.1ri 22 ontained, performed and to be pex-formed, th.e pa-r-ties he.ret-o agree as fol1c)ws. *2 3 1. The parties hereto agree to share the engineering, admin.i.stration, 24 construction and inspection costs of' tiic installation of internally- 25 il.Lirninated overhead street, name signs in -the same ratio as the 26 nunl)er of legs under each I raxty's jurisd-lction entering the 27 intersection are to the total number of iegs entering the inLersection. 28 The total cost of said signing project, -is pi-esently estimated r[r,)t 29 to exceed $3,000.00 and shall initially be borne by SPINTA AEA, 30 3. Following completion of construction, GAHDEN GROVE, sliall, qpoo rec,,.ipt 31 -)f Proper demand, SI1d1'11A ANA in an amount equal. to severity- 32 five percent ('T'.)%) of the total elig.ible cost. GARDEN GROVE also