Loading...
HomeMy WebLinkAbout1996-205 CONT AMND #1 - ODOT No 13389OlEan December 18, 1996 DEPARTMENT OF TRANSPORTATION City of Ashland Attn: Barbara Christensen, City Recorder 20 East Main Street Ashland, OR 97520 FILE CODE: AGR Attached for your records is a fully executed copy of Amendment No. 1 to an agreement for reconstruction of East Main Street. This amendment incorporates the funding from two previous agreements. We have retained a fully executed copy of this amendment for the Department of Transportation's files. Fran Neavoll, Agreement Specialist Contracts Unit Project Support Attachment ,34-31.~ (1/93) Transportation Building Salem, OR 97310 October 15, 1996 Misc. Contracts & Agreements No. 13389 #1 AMENDMENT NO. 1 LOCAL AGENCY FUND EXCHANGE AGREEMENT The STATE OF OREGON, acting by and through its Department of Transportation, hereinafter referred to as "State", and THE CITY OF ASHLAND, hereinafter referred to as "Agency" entered into Misc. Contracts & Agreements No. 13389 March 4, 1995. Said agreement covers the preliminary engineering and construction finance of the reconstruction of East Main Street, from Southern Pacific Railroad to Walker Avenue, Phase III project. It has now been determined by State and Agency that the agreement referenced above, shall be amended by this agreement to incorporate the terms and conditions of Misc. Contracts & Agreements No. 12229, executed on December 22, 1993; and the terms and conditions of Misc. Contracts & Agreements No. 13186, executed on December 12, 1994, as follows: Paragraph 4. shall be amended to read: 4. To assist in funding the project, Agency has requested State to exchange Federal timds which have been allocated to Agency, for State funds based on the following ratio: $94 State for $100 Federal Based on this ratio, Agency wishes to trade $418,095 Federal funds for $393,009 State funds. Paragraph 6.D. shall be amended to read: D. This Fund Exchange shall be on a reimbursement basis, with State funds limited to a maximum amount of $393,009. All costs incurred in excess of the fund exchange amount will be the sole responsibility of Agency. Agreement No. 13389 #1 City of Ashland Paragraph 6.J. shall be amended to read: J. Agency shall compile accurate cost accounting records. Agency shall bill State, in a form acceptable to State, no more than once a month, for costs incurred on the project. State will reimburse Agency at 100 percent of the billing amount, not to exceed $393,009. The cost records and amounts pertaining to the work covered by this agreement shall be retained for inspection by representatives of State for a period of three (3) years following final payment. Copies shall be made available upon request. IN WITNESS WHEREOF, the parties hereto have set their hands and affixed their seals as of the day hereinafter written. On March 7, 1996, the Oregon Transportation Commission adopted Delegation Order 2, which Order grants authority to Region Managers to approve and execute agreements for work in the current Statewide Transportation Improvement Program or approved workplan budget. s~PR/(~EDF17iCiENcAyS TO LEGAL BYrd ~ ~//~ Asst. Attorney General STATE OF OREGON, by and through its De~~r~.t °f~rtati°n -J~ ~' 'l~/;~;n Manager Date APPROVED AS TO LEGAL Ag~ncyfAttorney Date CITY OF ASHLAND, by and through its Elected Officials City Administrator' / Date ///--d~ -~