New Search
• • , I f <br /> Agency/State ~ J ' <br /> Agreement No.22236 <br /> STATE OBLIGATIONS <br /> ~ 1. State's Bicycle and Pedestrian Program shall review and must concur in the plans <br /> prepared by Agency before the Project is advertised for a construction contract or <br /> before construction begins if Agency forces shall perform the work. State's Bicycle and <br /> Pedestrian Program office shall process all billings submitted by Agency. . <br /> 2. Upon receipt of notification that the Agency is prepared to proceed with the <br /> development of Project, State shall deposit with Agency the sum of $62,506, such <br /> amount being equal to 50 percent of the State's share of the estimated Project costs. <br /> Upon completion of Project, inspection and approval by State staff, and receipt from <br /> Agency of an itemized statement of the actual total cost of the Project, State shall <br /> deposit with Agency a final payment, the sum of $62,506, such amount being equal to <br /> 50 percent of the State s share of the estimated Project costs. When added to the <br /> 1 <br /> initial deposit, the final de osit will a ual the State's share of the on inall estimated <br /> p q 9 Y <br /> costs ($156,265). Should final Project costs exceed the original estimate, extra costs <br /> shall be borne by Agency; the maximum amount of State reimbursement is $125,012. <br /> - If final Project costs are less than original estimate, State shall deposit with Agency a <br /> final payment in an amount which, when added to the initial deposit, would equal the <br /> State's proportionate share of the originally estimated costs, based on a percentage <br /> <br /> - calculated using State share and local match. <br /> 3. State certifies, at the time this Agreement is executed, that sufficient funds are <br /> available and authorized for expenditure to finance costs of this Agreement within <br /> State's current appropriation or limitation of current biennial budget. <br /> GENERAL PROVISIONS <br /> 1. This Agreement may be terminated by mutual written consent of both parties. <br /> 2. State may terminate this Agreement effective upon delivery of written notice to <br /> Agency, or a# such later date as may be established by State, under any of the <br /> following conditions: <br /> a. If Agency fails to provide services called for by this Agreement within the <br /> time specified herein or any extension thereof. <br /> b. If Agency fails to pertorm any of the other provisions of this Agreement, <br /> <br /> . or so fails to pursue the work as to endanger perFormance of this <br /> Agreement in accordance with its terms, and after receipt of written <br /> notice from State fails to correct such failures within 10 days or such <br /> longer period as State may. authorize. <br /> c. If Agency fails to provide payment of its share of the cost of the Project. <br /> 4 <br /> <br />