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EXHIBIT 2 <br /> COOPERATIVE COST REIMBURSEMENT AGREEMENT <br /> MAIN STREET SLURRY SEAL AND RESURFACING PROJECT <br /> COOPERATIVE COST REIMBURSEMENT AGREEMENT ("Agreement"), is made and entered <br /> into this day of , 2025, by and between the CITY OF SANTA ANA, a <br /> California charter city ("Santa Ana"), and the CITY OF ORANGE, a California municipal <br /> corporation ("Orange"). In this Agreement, Santa Ana and Orange may each be individually <br /> referred to as a "Party" and collectively referred to as the "Parties." <br /> RECITALS: <br /> WHEREAS, Santa Ana has initiated a street rehabilitation project(the"Project")to improve <br /> the pavement condition of Main Street from Memory Lane to North City Limits. <br /> WHEREAS, Main Street within the Project limits contain a portion of property within Santa <br /> Ana and a portion of the street within the boundary of Orange; and <br /> WHEREAS, In an effort to efficiently utilize Orange resources, Orange wishes to improve <br /> the portion of Main Street within its boundary at the same time the Santa Ana Main Street Slurry <br /> Seal and Resurfacing Project are conducted; and <br /> WHEREAS, the Parties desire to repave Main Street, within their respective boundaries <br /> as part of the "Project". <br /> NOW, THEREFORE, based upon the foregoing Recitals, and for good and valuable <br /> consideration, the receipt and sufficiency of which is acknowledged by all Parties, the Parties <br /> agree as follows: <br /> 1. The City of Santa Ana will advertise for bids, hire a contractor, approve the work and administer <br /> the contract for street rehabilitation. <br /> 2. Orange is responsible for: <br /> (a) Orange shall pay Santa Ana for the actual cost of the work within the Orange portion <br /> based upon unit prices bid of the Successful Contractor and quantities actually used <br /> on the Orange portion as set forth in the Project Location Map (Exhibit A) and the City <br /> Cost Sharing (Exhibit B), attached hereto and incorporated by this reference. Orange <br /> will remit payment to Santa Ana within thirty (30) days of receipt of invoice evidencing <br /> Project work performed within Orange city boundary. <br /> (b) Orange shall pay Santa Ana for the actual cost of design engineering and construction <br /> engineering services provided for the work within the Orange portion based upon the <br /> time spent by Santa Ana staff. Orange will remit payment to Santa Ana within thirty <br /> (30) days of receipt of invoice evidencing Project work performed within Orange city <br /> boundary. <br /> 3. Orange will coordinate the relocation of all affected utility company facilities within the City limits <br /> of Orange in a timely manner. <br />