25D - AGMT TRAFFIC SIGNAL SYNC BEAR

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COOPERATIVE AGREEMENT BETWEEN THE CITY OF COSTA MESA AND THE CITY OF SANTA ANA FOR THE. BEAR STREET TRAFFIC SIGNAL SYNCHRONIZATION PROJECT This Cooperative Agreement ("Agreement') is made and entered into this day of , 2018 ("Effective Date"), by and between the CITY OF COSTA MESA, a municipal corporation ("COSTA MESA"), and the CITY OF SANTA ANA, a charter city and municipal corporation organized and existing under the Constitution and laws of the State of California ("SANTA ANA"), COSTA MESA and SANTA ANA are collectively referred to herein as "CITIES". RECITALS: A, COSTA MESA applied for a grant from the Orange County Transportation Authority (OCTA) as part of the Renewed Measure M (M2) Regional Traffic Signal Synchronization Program ("RTSSP") (Project P), aimed to coordinate traffic signals across multiple jurisdictions to enhance countywide traffic flow and reduce congestion. B. The Bear Street Traffic Signal Synchronization Project (the 'PROJECT") was selected by OCTA as one of the RTSSP projects to be funded in Fiscal Year 2017-2018, based on an application-submitted-by-COSTAMESA on behalf of CITIES. C. OCTA and COSTA MESA entered into a Master Funding Agreement (Cooperative Agreement No. C-1-27,57) defining the terms and conditions for approved Measure M2 projects. D. CITIES desire to initiate and implement the PROJECT, with COSTA MESA as the lead agency. E. CITIES desire to enter into this Agreement to demonstrate their commitment to improving traffic signal synchronization opportunities for Orange County and to develop and implement the PROJECT. F. CITIES desire to set the specific terms, conditions and funding responsibilities between the CITIES for the implementation of the PROJECT. NOW, THEREFORE, it is mutually understood and agreed by the CITIES as follows: TERM This Agreement shall commence on the Effective Date and continue in full force and effect until December 31, 2022. This Agreement may be extended for one 25D-3