25C - FIXED GUIDEWAY SYSTEM - Laserfiche WebLink

Home Browse Search

AGREEMENT NO. C-8-XXXX 1 pay not needed as the issue is addressed as part of the legally-binding responsibilities of 2 Authority. ) 3 NOW, THEREFORE, it is mutually understood and agreed by AUTHORITY and CITY 4 as follows: 5 ARTICLE 1. COMPLETE AGREEMENT 6 AGREEMENT, including all exhibits and documer;l~~H!tW;qrn()rated herein and made 7 applicable by reference, constitutes the complete andri~xclusive stat~ment of the terms and 8 conditions of the Agreement between AUTHORII!(!~nd CITY concerning PROJECT and 9 supersedes all prior representations, unders~ar;lpings, andr.communicationsbetween the 10 parties. The above-referenced Recitals are true and ~nd are incorporated by reference 11 herein. 12 ARTICLE 2. RESPONSIBILlTESOFAUTtlORITY 13 AUTHORITY agreesM>U;t.e following,r~spoq~ibiflfiesiforthe PROJECT: 14 A. To aPFm~ve' scoP~~iI.scheduleiiand budget proposed by CITY for each 15 PROJECT MILES1l0NE within 30iQflYS by AU11t-fORITY staff. 16 B. To reimbun)~Clm)C'm()hthIY to'an amount not-to-exceed Five Million, Nine 17 Hundred ThousandiJDoUars'($p.,.900,000) for actual eligible costs for the PROJECT consistent 18 withP~OJECT MILESTONE apprqval. 19 C; To approve each PROJECT MILESTONE prior to CITY's advancement to 20 subsequentfRROJECT MILESTONE. Approval will be subject to action by AUTHORITY 21 Board of Directors and anticipated to require 30-60 days. Upon CITY's completion of 22 PROJECT, evaluate the Alternatives Analysis, including technical studies, and draft EIR/EA 23 in anticipation of CITY's request for advancement into Step Three of the Go Local Program. 24 D. To reimburse for actual eligible costs upon AUTHORITY approval of PROJECT 25 MILESTONES including consultant contracts and project management oversight (including 26 consultant contracts and/or CITY staff)up to 15 percent of actual expenditures Page 3 of 10 25C-5