Item 20 - Memorandum of Understanding of the Master Plan of Arterial Highways Amendment

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MEMORANDUM OF UNDERSTANDING NO. C-3-2925 1 2 3 4 5 6 7 S 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 ARTICLE 3. RESPONSIBILITIES OF AUTHORITY: AUTHORITY agrees to the following responsibilities: A. AUTHORITY shall administer the MPAH, including updating the MPAH to reflect the Amendment to the MPAH upon fulfillment of the following conditions: 1. Conditional approval of the Amendment to the MPAH by the AUTHORITY's Board. Approval of the Amendment to the MPAH by the AUTHORITY's Board will not become final until conditions 2 and 3 below have been satisfied. 2. Receipt of an original, fully executed MOU (signed by all PARTIES); 3. Receipt of documentation that that the City of Irvine has amended their General Plan to reflect the Amendment to the MPAH; B. AUTHORITY shall file a Notice of Exemption from the provisions of CEQA in support of the amendment to the MPAH. ARTICLE 4. RESPONSIBILITIES OF CITY OF IRVINE: The City of Irvine agrees to the following responsibilities: A. The City of Irvine acknowledges that the AUTHORITY has determined the Amendment to the MPAH is exempt from CEQA, and that the AUTHORITY has caused a Noticed of Exemption to be filed, posted, and recorded. B. The City of Irvine shall amend the Circulation Element of its General Plan to reflect the Amendment to the MPAH, and in doing so, shall comply with the requirements of the CEQA. C. The City of Irvine shall provide fair -share funding to the City of Santa Ana to support the implementation of the identified mitigations. D. The preferred improvement is the buyout option, there must be agreement for the alternative amongst the appropriate jurisdictions. At the time of the buyout, the City of Irvine shall incorporate cost changes, which may include cost changes based on the California Construction Cost Index. E. The proposed recommended mitigation measures are intended to bring the deficient CI