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AGREEMENT NO, C- X -XXXX <br />1 PROJECT is eligible for STBG funding contingent on California Department of Transportation <br />2 (hereinafter referred to as "Caltrans ") and the Federal Highway Administration (hereinafter referred to <br />3 as FHWA) approval; and <br />4 WHEREAS, on January 12, 2015, AUTHORITY's Board of Directors, approved projects for the <br />5 Arterial Pavement Management Program 2014 Call for Projects and the PROJECT was on the standby <br />6 list; and <br />7 WHEREAS, on June 13, 2016, AUTHORITY's Board of Directors, approved funding of up to <br />8 Five Hundred Thousand dollars-($500,000) in STBG funds for the PROJECT; and <br />9 WHEREAS, AUTHORITY will provide Five Hundred Thousand dollars ($500,000) in STBG <br />10 funds to be matched with One Million Two Hundred Fifty Thousand dollars ($1,250,000) in CITY funds <br />11 for the construction phase of PROJECT; and <br />12 WHEREAS, CITY and AUTHORITY agree that the total funding for construction management <br />13 and construction of PROJECT shall be One Million Seven Hundred Fifty Thousand dollars ($1,750,000) <br />14 in accordance with Exhibit A titled "Arterial Pavement Management Program Funding Plan ", which is <br />15 attached herein and incorporated by reference; and <br />16 WHEREAS, AUTHORITY and CITY agree that STBG funding for PROJECT is contingent upon <br />17 funding being available through FAST Act and PROJECT maintaining its eligibility for this funding; and <br />18 WHEREAS, AUTHORITY and CITY agree that Caltrans and FHWA authorization is required <br />19 following AUTHORITY's amendment to the Federal Transportation Improvement Program (hereinafter <br />20 referred to as "FTIP "), and in order to proceed or commence (only one phase) PROJECT for <br />21 performance under this Cooperative Agreement; and <br />22 WHEREAS, AUTHORITY is responsible for programming the funds to specific projects within <br />23 Orange County; and Caltrans administers the STBG program on behalf of the FHWA and is responsible <br />24 for acquiring federal approvals for PROJECT on behalf of CITY, determining federal eligibility, <br />25 compliance with federal requirements, and reimbursement for project activities; and <br />26 WHEREAS, CITY agrees to act as lead agency for construction engineering, construction <br />Page 2 of 11 <br />20B -6 <br />