CA DEPT TRANSPORTATION 5 - 2003 - Laserfiche WebLink

Home Browse Search

District Agreement # 12 -419 STATE Project Manager. Invoices will be prepared in the manner as described in Chapter 5, Accounting/Invoices, of the Local Assistance Procedures Manual. To retain or cause to be retained for audit by STATE or other government auditors for a period of three (3) years from date of Federal Highway Administration (FHWA) payment of final voucher, or four (4) years from date of final payment under the contract, whichever is longer, all records and accounts relating to PROJECT. Upon completion of PROJECT, to assume ownership, maintenance and liability responsibility for all portions of PROJECT. That this PROJECT includes the acquisition of STATE right of way and an Agreement Declaring Restrictive Covenants approved by STATE will be recorded against the title of all Real Property purchased with or paid for by any type of Federal or State Funds. SECTION II STATE AGREES: 1. Upon receipt of detailed invoices from CITY, to reimburse CITY for eligible costs incurred under this Agreement up to the amount of $533,000, which figure represents STATE's sole and only contribution towards costs of PROJECT. Invoices will be paid within 60 days of receipt. STATE's contribution of the PROJECT expense shall be up to 88.53% of eligible PROJECT costs, not to exceed $533,000 for right of way acquisition, design and construction cost, as shown on Exhibit B, attached to and made a part of this Agreement. SECTION IT IS MUTUALLY AGREED: All obligations of STATE under the terms of this Agreement are subject to the ap- propriation of the resources by the Legislature and the allocation of resources by the California Transportation Commission. Should CITY acquire property for PROJECT or perform any work or advertise a contract for PROJECT prior to the allocation of resources by the Califomia Transportation Commission and prior to Federal Highway Administration approval for Federal participation, there is no guarantee of STATE's and/or Federal participation and CITY shall assume all risks thereof. 3. All applicable procedures and policies relating to the use of Federal Funds or STATE gas tax funds shall apply notwithstanding other provisions of this Agreement.