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COOPERATIVE AGREEMENT NO. C-2-1849 <br />1 <br />2 <br />3 <br />4 <br />5 <br />6 <br />7 <br />8 <br />9 <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />18 <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />including direct reimbursement of SLPP funds to the CITY for project activities; and <br />WHEREAS, AUTHORITY is responsible for programming the formula SLPP funds to specific <br />projects within Orange County; and <br />WHEREAS, the CITY will be the direct recipient of SLPP funds from the State and will act as <br />lead agency for environmental, engineering, right-of-way, construction and construction <br />management of the PROJECT; and <br />WHEREAS, CITY is responsible to request and receive approvals from the appropriate State <br />and Local agencies in order to proceed or commence each phase of PROJECT for performance <br />under this Agreement; and <br />WHEREAS, SLPP funding for PROJECT is contingent upon funding being available through <br />both allocation by the CTC and availability of SLPP funds, and CITY maintaining eligibility for this <br />funding for PROJECT and maintaining eligibility under Ordinance No. 3 to provide match funding; <br />and <br />WHEREAS, CITY combined the Broadway Avenue Rehabilitation from Civic Center Drive to <br />700 feet north of Santa Clara Avenue Project which was awarded One Million Two Hundred <br />Thousand Dollars ($1,200,000) of SLPP funds, and the McFadden Avenue Rehabilitation from <br />Euclid Street to Newhope Street Project which was awarded Three Hundred Fifty Thousand Three <br />Hundred Forty Dollars ($350,340) of SLPP funds for a total SLPP award for PROJECT of <br />One Million Five Hundred Fifty Thousand Three Hundred Forty Dollars ($1,550,340); and <br />WHEREAS, on July 23, 2012, AUTHORITY's Board of Directors approved programming of <br />One Million Five Hundred Fifty Thousand Three Hundred Forty Dollars ($1,550,340) in SLPP funds <br />for the construction phase of PROJECT, to be matched with One Million Five Hundred Fifty <br />Thousand Three Hundred Forty Dollars ($1,550,340) of Measure M2 Fair Share (M2 Fair Share) <br />local match, and Six Hundred Sixty Three Thousand Three Hundred Twenty Dollars ($663,320) of <br />local agency funds for a total construction phase cost of Three Million Seven Hundred Sixty Four <br />Page 2 of 12 <br />L: Camm\C LER ICAL\CLERI CAL\WORDPROC\AGR EE\AG21849.doo <br />25G-6