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COOPERATIVE AGREEMENT NO. C-6-1516 <br />1 WHEREAS, the AUTHORITY and the CITY entered into a Memorandum of Understanding on <br />2 August 31, 2015 for this Project (MOU); and <br />3 WHEREAS, the AUTHORITY and the CITY entered into a Design Agreement on May 9, 2016 <br />4 for the design phase of this Project; and <br />5 WHEREAS, the AUTHORITY and the CITY entered into the City Right of Way Agreement on <br />6 March 17, 2017 whereby CITY granted AUTHORITY the right to construct the OC Streetcar Project <br />7 and operate and maintain the OC Streetcar System within CITY Right of Way; and <br />8 WHEREAS, the AUTHORITY is a grantee of a Federal Transit Administration (FTA) grant and <br />9 in cooperation with the FTA and the CITY, is proposing to design, construct, operate and maintain the <br />10 OC Streetcar; and <br />11 WHEREAS, this Agreement defines the roles, responsibilities, commitments and obligations, <br />12 for the AUTHORITY and the CITY as they relate to the construction of the Project including financial <br />13 obligations; and <br />14 WHEREAS it is the intent of the AUTHORITY and the CITY that the CITY shall be acting at all <br />15 times in respect to the Project as a Vendor as that term is used for federal funding requirements <br />16 purposes; and <br />17 WHEREAS, the OC Streetcar Project becomes the "OC Streetcar System" upon the initiation <br />18 of revenue service; and <br />19 WHEREAS, the Parties intend to enter into an agreement, prior to Revenue Service, to <br />20 establish each Party's roles and responsibilities as they relate to the operations and maintenance of <br />21 the OC Streetcar System; and <br />22 WHEREAS, the award of the Project to a Construction Contractor is subject to receipt of <br />23 federal, state, and/or local funds adequate to carry out the provisions of the Project; and <br />24 WHEREAS, the AUTHORITY's Board of Directors authorized this Agreement on <br />25 March 27, 2017; and <br />26 1 <br />Page 2 of 15 <br />1:lcammlclericallwordproclagreelag61516.doex <br />