ORANGE COUNTY TRANSPORTATION AUTHORITY (OCTA) (C-6-1427)

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COOPERATIVE AGREEMENT NO. C-6-1427 1 STBG funds, contingent on availability of STBG funding and state and federal approvals. 2 I. CITY shall provide a minimum of 71.4 percent of the PROJECT costs in CITY funds as 3 the required local match consistent with Exhibit A. Any savings recognized in the PROJECT will be 4 credited or reimbursed proportionally to the amount contributed to the PROJECT by each fund type. 5 J. CITY will invoice Caltrans at minimum once every six months. 6 K. CITY agrees that any cost overruns shall be the responsibility of CITY. 7 L. If CITY receives local, state, or federal funds from a non -AUTHORITY source, CITY will 8 not invoice Caltrans for the amount received from the other non -AUTHORITY source(s). 9 M. CITY will notify AUTHORITY regarding any non -AUTHORITY revenues received for the 10 PROJECT and AUTHORITY funds may not pay for expenses already supported through these non- 11 AUTHORITY revenues. 12 N. CITY will submit semi-annual status reports included in this Cooperative Agreement as 13 Exhibit B titled "Arterial Pavement Management Program Semi -Annual Report Form" for PROJECT to 14 AUTHORITY due on March 111 for the prior six (6) month period and due on September 1st for the prior 15 six (6) month period. 16 O. CITY will submit a final report to AUTHORITY within six (6) months of Caltrans payment 17 of final progress invoice for PROJECT in accordance with Exhibit C titled "Arterial Pavement Management 18 Program Final Project Report Form." 19 P. CITY is responsible for completing PROJECT in accordance with the Areterial Pavement 20 Management Program Funding Plan (Exhibit A), and to abide by all STBG programming guidelines, and 21 any and all other federal, state, and Caltrans requirements. 22 Q. CITY agrees that the AUTHORITY, prior to federal notice to proceed, may change the 23 fund source for funds provided through this agreement. 24 ARTICLE 5. DELEGATED AUTHORITY 25 The actions required to be taken by CITY in the implementation of this Cooperative Agreement 26 are delegated to its Public Works Director, or designee, and the actions required to be taken by Page 6 of 11