HomeMy WebLinkAboutContract 1489c-1489 COACHELLA VALLEY ASSOCIATION of GOVERNMENTS
AMENDMENT NUMBER ONE ORIGINAL
to the
CITY OF PALM SPRINGS- CITY OF CATHEDRAL CITY- CVAG
Agreement to Provide CVAG Regional Funds for the Project to Widen the Ramon Road
Bridge over the Whitewater River Channel
THIS AMENDMENT NUMBER ONE is made and entered into this 3Lttday of
J - om j 4-,rLl__, 2010, by and between the City of Palm Springs (Lead Agency), the City of
Cathedral' City (Agency), and the Coachella Valley Association of Governments, a
California joint powers agency, ("CVAG"), and is made in reference to the following:
In June, 2008, the Executive Committee agreed to provide funding assistance to
complete a Project Study Report for a project to widen the Ramon Road Bridge over the
Whitewater River Channel. The intention in completing a Project Study Report was to allow the
City of Palm Springs to qualify the bridge for Highway Bridge Program (HBP) funding. At that
time, the staff report indicated there would be future participation by CVAG in funding the
construction of the bridge widening project, but the recommendation at the time was only for
participating in the completion of the Project Study Report.
The City of Palm Springs is now requesting a commitment from CVAG to provide
funding for additional phases of the Project to Widen the Ramon Road Bridge over the
Whitewater River Channel, including construction.
This Amendment Number One shall:
Establish that Highway Bridge Program proceeds acquired by the City of Palm Springs
will fund the Major Portion of Costs for the Project to Widen the Ramon Road Bridge over
the Whitewater River Channel, and;
Provide CVAG Regional Funds for 75% of the Unfunded Local Portion of Qualified
Project Costs, as described, and;
Provide that any "Additional Qualified Funds" which the City of Palm Springs should
acquire for this Project be First Applied "Off the Top" to reduce remaining Total Project
Costs, and;
Require Establishing the "Time Trigger" to require that the City of Palm Springs begin
work on Phase 1, as described, within Two Years of the Date of Execution of this
Amendment Number One, and;
Require Establishing the "Time Trigger", to require Phase 2 and Phase 3, as described,
meet Specific Dates to begin construction as identified in the Proposed Schedule for
starting Future Phases of the Project, and;
Require the City of Palm Springs to repay any Regional Funds advanced for the initial/
earlier constructed phases of the Project, with interest, should the City fail to meet the
deadlines established by the Time Triggers as described, and;
COACHELLA VALLEY ASSOCIATION of GOVERNMENTS
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Require that any regional funds advanced to the City of Palm Springs for the initial/
earlier phases of the project which are directed for repayment accrue interest at the rate
for the Local Agency Investment Fund (LAIF), as determined on July 1S of each year,
and;
Provide that CVAG does not agree to advance the Proposed Schedule for the
Construction Phase of the Project, and may delay funds for the proposed Construction
Phase of the Project should CVAG's Cash Flow require such an action at that time, and;
Name the City of Cathedral City as an Additional Party to the Original Reimbursement
Agreement, though Amendment Number One does NOT obligate the City of Cathedral to
CVAG for any portion of the costs for this project, and;
Authorize the Executive Director, in consultation with CVAG General Counsel, to resolve
any Minor Inconsistencies in approving this Amendment Number One.
s All other conditions of the Original Reimbursement Agreement shall remain in full force
and effect.
FUNDING AND SCHEDULE SUMMARY:
i
Year Phase HBP Funding Local Funding Totals
i 2010/2011 Prelim. Engineering (PE) $2,453,000 $915,000 $3 368,000
2014/2015 Right of Way (RW) $1,030,000 $1,736,000 $2,766,000
3
3
2017/2018 Construction (CON) $21,753,000 $8,111,000. $29,864,000
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i Totals $25,236,000 $10,762,000 $36,998,000
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(Signatures on following page)
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COACHELLA VALLEY ASSOCIATION of GOVERNMENTS
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The parties hereto have caused this Amendment Number One to be executed by their
duly authorized representatives on the above - referenced date.
ATTEST: AGENCY:
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CITY OF PALM SPRINGS
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CITY OF CA EDRAL CITY
BY:
City Manager Aa o r
CVAG
By: By:
To Ki vonne Parks
Exeeuiive Director ' CVAG Chair
APPROVED Al Tf wCrVNI
G _..' , APPROVED BY CITY CoMr.!L
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