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COOPERATIVE AGREEMENT NO. C -5 -3583 <br />1 WHEREAS, on August 11, 2014, the AUTHORITY Board of Directors approved the <br />2 AUTHORITY to be the lead agency on all phases of the Project; <br />3 WHEREAS, this Agreement defines the roles, responsibilities, commitments, obligations, and <br />4 expectations for the AUTHORITY and the CITY as they relate to the Project design phase including <br />5 financial obligations; <br />6 WHEREAS it is the intent of the AUTHORITY and the CITY that the CITY shall be acting at all <br />7 times in respect to the Project as a Vendor as that term is used for federal funding requirements <br />8 purposes and that the CITY shall conduct any activities on the Project in compliance with all federal <br />9 rules, regulations and circulars applicable to Project Vendors. <br />10 WHEREAS, the Parties intend to enter into an agreement, prior to construction to establish the <br />11 roles, responsibilities and expectations for the AUTHORITY and the CITY as they relate to Project <br />12 construction; <br />13 WHEREAS, the OC Streetcar Project becomes the "OC Streetcar" upon the initiation of <br />_ 14 _revenue service; <br />15 WHEREAS, the Parties intend to enter into an agreement , prior to construction, to establish <br />16 the roles, responsibilities and expectations of the OC Streetcar operating in the CITY's public way; <br />17 WHEREAS, the Parties intend to enter into an agreement, priorto revenue service, to establish <br />18 the roles, responsibilities and expectations for the AUTHORITY and the CITY as they relate to the <br />19 operations and maintenance of the OC Streetcar and adjacent streets; <br />20 WHEREAS, the Project will be funded through a combination of federal, state and local funds; <br />21 WHEREAS, the AUTHORITY's Board of Directors approved this Agreement on 28th day of <br />22 March, 2016; <br />23 WHEREAS, the CITY's City Council approved this Agreement on 15th day of March, 2016; <br />24 NOW, THEREFORE, it is mutually understood and agreed by the AUTHORITY and the CITY <br />25 as follows: <br />26 / <br />Page 2 of 13 <br />L: \Camm\ CLERICAL \wORDPROC\AGREE1AG53583�c �d�ed 2&6.04.27.docx <br />