Loading...
HomeMy WebLinkAboutA-2006-043-01 > J A-2000-043-01 7 AMENDMENT NO. 1 AGREEMENT NO. C-6-o069 BETWEEN ORANGE COUNTY TRANSPORTATION AUTHORITY AND CITY OF SANTA ANA THIS AMENDMENT NO. 1 is made and entered into this / /-fA- day of {)C,-Ibb~r 1 2 3 4 5 6 8 2006, by and between the Orange County Transportation Authority ("AUTHORITY"), and the City of 9 Santa Ana ("CITY'). 10 WITNESSETH: 11 WHEREAS, by Agreement No. C-6-0069 dated June 12, 2006, AUTHORITY and CITY entered 12 into a cooperative agreement for the Bristol Street Widening Project; and 13 WHEREAS, CITY has requested and AUTHORITY has agreed to revise ARTICLE 8. 14 PAYMENT, paragraph A, with no increase in the AUTHORITY'S maximum obligation; 15 NOW, THEREFORE, it is mutually understood and agreed by AUTHORITY and CITY that 16 Agreement No. C-6-0069 is hereby amended in the following particulars only: 17 1. Amend ARTICLE 8. PAYMENT, pages 7and 8 of 26, to delete paragraph A in its 18 entirety and in lieu thereof insert the following: 19 "A. Direct Wire Transfer- The AUTHORITY and CITY agree that the CITY may prepare and 20 submit to AUTHORITY a request for payment for right-of-way acquisition costs required for PHASES I, 21 II, III, and IV of the project in the form of a request for wire transfer as individual properties are acquired 22 via specific escrow companies and accounts. Said request for payment shall be on a mutually agreed 23 form. Within ten (10) business days of CITY's above written request and Proper Escrow Documentation 24 via the applicable escrow company, AUTHORITY shall wire-transfer specific funds requested for each 25 acquisition directly into the pertaining escrow account. This transfer may be performed for one or a 26 number of acquisitions of parcels. In no circumstance shall the escrow account be part of any spending Page 1 of2 l:\Camm\Susan HoIt\Amendments\C-6-0069 Bristol Street Widening\am60069Amendment1.doc AMENDMENT NO. 1 TO AGREEMENT NO. C-6-D069 1 or revenue base of CITY. CITY is required to account for all escrow account activity by submitting 2 monthly statements to AUTHORITY. All other costs incurred by the CITY for PROJECT shall be paid 3 pursuant to the terms of this Agreement and shall be based on actual labor and expenses incurred for 4 the PROJECT." 5 The balance of Agreement No. C-6-0069 remains unchanged. 6 This Amendment NO.1 shall be made effective July 1, 2006. 7 IN WITNESS WHEREOF, the parties hereto have caused this Amendment NO.1 to Agreement No. 8 C-6-0069 to be executed on the date first above written. 14 15 16 17 18 19 20 21 22 23 24 25 26 J 9 10 CITY OF SANTA ANA By a~/2. David N. Ream City Manager 11 12 13 ATTEST: B Patricia E. Healy Clerk of the Council @ ORANGE COUNTY TRANSPORTATION AUTHORITY By ~~<~ Virgin; badessa, Manager - Contract Administration and Materials Management APPROVED AS TO FORM: By Ke ard R. Smart, Jr. General Counsel L:\Camm\Susan Holt\Amendments\C~6-0069 Bristol Street Widening\am60069Amendment1.doc Page 2 of 2