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Cooperative Agreement for Project No. 174-46008 <br />1 by reference, constitutes the complete and exclusive statement of the terms and conditions of the agreement <br />2 between FULLERTON and AGENCIES concerning the PROJECT and supersedes all prior <br />3 representations, understandings and communications between the parties. The above-referenced Recitals <br />4 are true and correct and are incorporated by reference herein. <br />5 ARTICLE 2. RESPONSIBILITIES OF FULLERTON <br />6 FULLERTON agrees to the following responsibilities: <br />7 1. FULLERTON shall serve as lead agency for design, construction and construction management <br />8 of PROJECT and shall provide oversight by establishing PROJECT milestones and overseeing the <br />9 PROJECT development to ensure that all standards and requirements set forth by the AGREEMENT are <br />10 adhered to. <br />11 2. FULLERTON shall be responsible for completing the PROJECT in accordance with the funding <br />12 guidelines and any and all other federal, state, and the OCTA requirements related to these funding <br />13 programs. <br />14 3. FULLERTON shall provide staff, consultants, and contractors deemed necessary and appropriate <br />15 to manage, administer, coordinate, and oversee engineering design and construction management of the <br />16 PROJECT. <br />17 4. The budget for the PROJECT is One Million and Two Hundred Fifty Thousand Dollars <br />18 ($1,250,000). A total of One Million Dollars ($1,000,000) is funded by the OCTA Project P/Regional <br />19 Traffic Signal Synchronization Program. Minimum project matching funds of 20 percent amount to Two <br />20 Hundred Fifty Thousand Dollars ($250,000). FULLERTON'S share of match amounts to Sixty-One <br />21 Thousand Eight Hundred Sixty Dollars ($61,860). AGENCIES share of match amounts to One Hundred <br />22 Eighty-Eight Thousand One Hundred Forty Dollars ($188,140). <br />23 5. FULLERTON shall maintain coordination with the AGENCIES for the PROJECT. <br />24 6. FULLERTON shall coordinate construction activity within AGENCIES and provide schedule of <br />25 construction activity within each AGENCY. <br />26 7. FULLERTON shall collect all data necessary for the analysis and optimization of traffic signal <br />27 timing along the PROJECT corridor. <br />Page 3 of 13 <br />25C-5