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HomeMy WebLinkAboutAGMT - California Dept. of Transportation (Rubberized Asphalt Overlay) I ' .. ..... 7 _. • ,.•.. . . Da October 24, 1995 • • , ... , PROGRAM SUPPLEMENT NO. 002 Location: 12 - ORA O - SLF3 to Project Number: SB95 5229(002) STATE -LOCAL TRANSPORTATION ' - I E.A. Number: 12 - 929246 PARTNERSHIP PROGRAM AGREEMENT NO. SLTPP - 5229 This Program Supplement is hereby incorporated into the State -Local Trans- portation Partnership Program Agreement for State Share Funds which was entered into between the Local Entity and the State on 08/30/95 and is subject to all the terms and conditions thereof. This Program Supplement is adopted in accordance with Paragraph 3 of Article I of the aforemen- "-- tioned Master Agreement under authority of Resolution No. f4-728 approved by the Local Entity on Illo).1- 1 % \°1°t1 (See copy attached) . The Local Entity further stipulates that as a condition to payment of funds obligated to this project, it accepts and will comply with any covenants or remarks setforth on the following pages. PROJECT TERMINI: ON ELECTRIC AVENUE, MAIN STREET, 5TH STREET, AND 12TH STREET. TYPE OF WORK: RUBBERIZED ASPHALT OVERLAY LENGTH: 0.0 (MILES) PROJECT CLASSIFICATION OR PHASE(S) OF WORK , [X) Construction Estimated Cost State Share Funds Matching Funds FY95 $ 0 Local OTHER OTHER $ 109000 FY96 $ 21092 $ 87908 $ 0 $ 0 FY97 $ 0 City of Seal each STATE OF CALIFORNIA l / Departmen of T sportation / ' By ,n,l B � y K R. Till, City Ma ager Chie , District Liaison Branch Office of Local Programs Date -. - 6n: T .. 4 s �6---'- Date /—,-,6 _ Attest _ _ _ ;7 2 7 Title ( A ty ('1 Prk I hereby Certify upon my personal knowledge that budgeted funds are available for this encumbrance: Accounting Officer - '__ ! , 0, Date i o - Z)(, ' �" . $ 21092.00 ■ Chapters Statutes 1 Item Year 1 Program IB IBC! Fund Source 1 AMOUNT 139 1994 2660- 125 -042 94 -95 20.25.010.100 C 258010 042 -T 21052.00 Page 1 of 3 ,` . • 12- ORA -O -SLB DATE: ]0/24/95 SB95- 5229(002) SPECIAL COVENANTS OR REMARKS 1. It is mutually understood between the parties that this contract may have been written before ascertaining the availability of legislative appropriation of funds, for the mutual benefit of both parties, in order to avoid program and fiscal delays that would occur if the agreement were executed after that determination was made. The total amount of State -Local Transportation Partnership funds payable by the State shall not exceed $21092 to be encumbered and reimbursed as follows: FY 94 -95 $ 0 FY 95 -96 21092 FY 96 -97 0 Any increase in State Partnership funds will require a revised program supplement. Any decrease in State Partnership funds will require a revised finance letter. 2. The State Funds Share is calculated based on the lower of the approved eligible application amount or the eligible award amount. 3. SPECIAL COVENANTS FOR SLTPP PROJECTS UNDER EARLY REIMBURSEMENT PLAN AND UNDER $300,000 STATE SHARE These Covenants supersede any conflicting provisions of the Master Agreement: A. The LOCAL ENTITY agrees that the payment of State Share Funds will be limited to the lessor of the product of multiplying the calculated pro rata percentage as determined by the STATE by either: (a) The eligible award amount or (b) The total eligible State /Local Partnership Project cost in the approved State /Local Partnership Program Application and accepts any consequent increase in LOCAL ENTITY funding requirements. B. The LOCAL ENTITY will invoice the State for the full "State's Share" after the contract award or upon the State Budget Act appropriation of funds, whichever occurs later. "State's Share" is considered a grant and will be reimbursed as a lump sum payment regardless of final project cost. Page 2 of 3 w � • 12- ORA -O -SLB DATE: 10/24/95 • SB95- 5229(002) SPECIAL COVENANTS OR REMARKS C. Prior to reimbursement under this Program Supplement, a Request For Early Reimbursement form, executed by the LOCAL ENTITY, must be on file with the STATE. D. The financial audit and Final Project Expenditure Report provisions of Sections 9 and 10 of ARTICLE I of the Master Agreement are not applicable to this PROJECT. 4. The Reimbursement Ratio for this Cycle 5 (94/95) Project is 19.35 %. 5. In accordance with the State -Local Transportation Partnership Program Guidelines dated June 8, 1994, project eligibility is limited to contract items plus locally funded State or Local Entity furnished materials and Supplemental Work. Supplemental Work eligibility is further defined under the Project Eligibility section of the Guildelines as limited to certain maximum costs and to non -early reimbursement projects of $300,000 or less. Page 3 of 3 IL