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15-048 Funding agreement with Santa Clara Valley Transportation Authority, Apple Campus 2 Traffic Mitigation Improvements „ o e FUNDING AGREEMENT BETWEEN THE CITY OF CUPERTINO AND THE SANTA CLARA VALLEY TRANSPORTATION AUTHORITY (Apple Campus 2 Traffic Mitigation Improvements) THIS AGREEMENT ("Agreement") dated Mall g , 2015, for purposes of reference, is made and entered into by and betwe n the CITY OF CUPERTINO, a municipal corporation of the State of California ("CITY"), and the SANTA CLARA VALLEY TRANSPORTATION AUTHORITY, a public agency organized as a special district under California law ("VTA"). Hereinafter, CITY and VTA may be individually referred to as "Party" or collectively referred to as "Parties". RECITALS A. CITY and VTA each recognize the need to improve traffic operations of impacted freeway segments and provide added transportation capacity on parallel facilities to relieve congestion and improve circulation in the City of Cupertino in the County of Santa Clara. B. In accordance with the Environmental Impact Report Mitigation Monitoring and Reporting Program for the Apple Campus 2 development project, the CITY has received from the developers of such project a contribution of ONE MILLION TWO HUNDRED NINETY-TWO THOUSAND TWO HUNDRED AND FIFTEEN DOLLARS ($1,292,215), which is earmarked for regional transportation projects. C. CITY wishes to use the aforementioned funds to pay for a portion of the costs of certain traffic congestion relief and circulation improvement projects to be jointly selected and mutually agreed upon by CITY and VTA as provided herein. D. The Parties wish to set forth their respective obligations in regard to the identification and planning of the traffic congestion relief and circulation improvement projects and CITY's provision of funding to such projects. NOW, THEREFORE, in consideration of the mutual promises contained in this Agreement, the Parties agree as follows: AGREEMENT 1. Identification of PROJECTS. From time to time during the term of this Agreement, VTA may prepare and submit to the CITY Public Works Director or his or her designee for review and. approval, not to be unreasonably withheld, proposed scopes of work (which may include planning, design and construction activities) and associated budgets for one or more traffic congestion relief and circulation improvement projects, or studies leading to such projects, in and around the City of Cupertino which VTA desires to fund in part with CITY's Contribution (defined in Section 2 below). The proposed projects or studies shall address, among other things, the existing bottleneck on southbound 1-280 between EI Monte Road and 1 VTA Funding Agreement I-280 Improvements.docx OAK#4841-7238-1729 v5 Magdelena Avenue. VTA shall endeavor to incorporate any comments that CITY may provide on such proposed scopes of work and budgets therefor. The projects and studies, including scopes of work and budgets therefor, where concurrence is reached by VTA and the CITY Public Works Director or his or her designee, are referred to herein individually as a "PROJECT" and collectively as the "PROJECTS". Once concurrence on a PROJECT has been reached with the CITY Public Works Director or his or her designee, VTA shall proceed with such PROJECT in accordance with the agreed upon scope of work. Any material amendments to the . scope of work or budget as originally agreed upon by the Parties shall be subject to review and concurrence by the CITY Public Works Director or his or her designee. 2. CITY's Financial Contribution for PROJECTS. CITY shall contribute to the PROJECTS an amount not to exceed ONE MILLION TWO HUNDRED NINETY- TWO THOUSAND TWO HUNDRED AND FIFTEEN DOLLARS ($1,292,215) (hereinafter, "CITY's Contribution"). CITY, at its option, may elect to allocate interest earned on CITY's Contribution prior to and following the date of this Agreement, if any, towards funding of the PROJECTS. In the event City so elects, the interest earnings shall be added to the CITY's Contribution and disbursed and expended in accordance with this Agreement. CITY shall disburse the CITY's Contribution to VTA in multiple disbursements to reimburse VTA for eligible PROJECT costs and expenses as the work on the PROJECTS progresses. Disbursement draw requests may be made by VTA from time to time during the term of this Agreement but not more than once every 30 days. Each disbursement draw request shall be accompanied by copies of invoices or other evidence reasonably satisfactory to the CITY Public Works Director or his or her designee documenting that VTA has incurred eligible PROJECT costs and expenses in an amount not less than the amount of the draw request. CITY shall pay each draw request within thirty (30) days of receipt of the request, together with supporting documentation reasonably satisfactory to CITY. 3. Use of CITY's Contribution. VTA will use the CITY's Contribution and, if applicable, the interest earned thereon for allowable costs and expenses related to the agreed upon PROJECTS. In the event that one or more of the agreed to PROJECTS is cancelled or is completed at less than the budgeted PROJECT cost, the CITY's Director of Public Works, in his or her sole discretion, may authorize VTA to use such excess funds for other of the PROJECTS if such PROJECTS end up costing more than budgeted. Except as provided in the foregoing sentence, VTA shall be solely responsible for cost overruns in the event one or more of the PROJECTS cost more than the amounts estimated by VTA. CITY's funding obligation in connection with the PROJECTS is limited to the amount of CITY's Contribution. 4. VTA's Role in PROJECTS. a. Tasks. VTA shall perform or cause the performance of the following tasks to complete the PROJECTS: 2 VTA Funding Agreement I-280 Improvements.docx OAK#4841-7238-1729 v5 i. Serve as project manager for each of the PROJECTS; ii. Coordinate with the State of California for its review and concurrence and/or approval of the PROJECTS depending on the nature of the PROJECT; iii. Conduct planning, design and construction for the PROJECTS; and iv. Obtain all necessary permits and rights of way for the PROJECTS. The costs and expenses to perform the above tasks may be included in proposed PROJECT budgets and once such budgets are agreed upon by the Parties as provided in Section 1 above, shall be considered eligible for reimbursement by City from CITY's Contribution as provided in this Agreement. b. Consultants. VTA may retain design consultants and construction contractors to perform any of the functions listed in Section 4a., above. c. Other Proiect Management Duties. VTA shall include CITY staff as an active participant within VTA's project management and design process, hold periodic meetings as agreed upon by the project team(s) to assess the progress of design and development for each PROJECT and address PROJECT issues as they arise. VTA shall also prepare and deliver to CITY regular reports on activity and progress of each PROJECT. d. Project Cost Updates. VTA shall actively monitor actual expenditures for each individual PROJECT to ensure that CITY's Contribution is used exclusively to pay allowable PROJECT costs in accordance with the approved budget. If, at any time, budgeted PROJECT expenditures are projected not to exceed the portion of CITY's Contribution allocable to such PROJECT or if any of the PROJECTS are delayed or cancelled, VTA shall immediately notify CITY of such facts. In the event of PROJECT delay or cancellation, the Parties shall have the following options: i. VTA may formulate and implement a strategy to continue the PROJECT or PROJECTS to the satisfaction of the CITY'S Director of Public Works or his or her designee; or ii. CITY may provide written notice to VTA pursuant to Section 13 below that no further funding will be provided to such PROJECT. iii. The Parties may terminate this Agreement as to the delayed or cancelled PROJECT, which can be accomplished by either Party giving written notice to the other party of such termination consistent with Section 13 below. 5. Compliance with Governmental Requirements. VTA shall comply with all laws and regulations pertaining to the PROJECTS. 6. Term of Agreement. This Agreement shall become effective upon full execution of 3 VTA Funding Agreement I-280 Improvements.docx OAK#4841-7238-1729 v5 the Agreement and shall remain in effect through December 31, 2018, unless extended as provided below. The CITY's Director of Public Works and VTA's General Manager, each in his or her sole discretion, are authorized to extend the term of the Agreement for up to six (6) months. Any further extension of the term must be approved by the City Council and VTA Board. 7. Written Termination. This Agreement may be terminated upon mutual written agreement of the Parties or by either Party as to any individual PROJECT in the event of delay or cancellation of such PROJECT as provided in Section 4.d.(iii) above. 8. Refund of CITY Contribution. Any balance of CITY's Contribution, including interest, if applicable, remaining after the first to occur of: (a) expiration of the term of this Agreement, or (b) termination of this Agreement in its entirety or as to any individual PROJECT as provided in Sections 4.d.(iii) and 7 above, or (c) completion of the PROJECTS, less any amounts necessary to pay for eligible expenses incurred prior to the date of completion of the PROJECTS or the effective date of the expiration or termination of the Agreement, may be expended by CITY on other transportation projects selected by CITY in its sole discretion. For purposes of this Agreement a PROJECT shall be deemed complete only upon concurrence by both Parties of such completion. 9. Audit and Record Retention. CITY may audit the expenses incurred in the performance of this Agreement. VTA shall retain all records related to the PROJECTS for three (3) years after the completion of the PROJECTS. During this period, VTA shall make these records available within a reasonable time to the CITY for inspection upon request. The Parties' obligations under this Section shall survive expiration or termination of this Agreement. 10.Parties' Representatives. The General Manager of VTA or the General Manager's designee is hereby made the representative of VTA for all purposes under this Agreement. The Director of the Public Works for CITY or the Director's designee is hereby made the representative of CITY for all purposes under this Agreement. 11.Indemnification. Neither CITY nor any officer, representative or employee thereof shall be responsible for any damage or liability occurring by reason of anything done or omitted to be done by VTA under or in connection with the PROJECTS. In addition, pursuant to Government Code §895.4, VTA shall fully indemnify, defend and hold CITY and its officers, representatives and employees harmless from any and all claims, liabilities, demands and damages (including attorneys' fees and costs) occurring or arising by reason of anything done or omitted to be done by VTA under or in connection with the PROJECTS or any work, authority or jurisdiction delegated to VTA under this Agreement. VTA's indemnity obligations under this Section 11 shall not apply to the extent any claim, liability or damage arises from the active negligence or willful misconduct of CITY or its officers, representatives or employees. 4 VTA Funding Agreement I-280 Improvements.doex OAK#4841-7238-1729 v5 12.No Waiver. The failure of either Party to insist upon the strict performance of any of the terms of this Agreement shall not be deemed a waiver of any right or remedy that either Party may have, and shall not be deemed a waiver of its right to require strict performance of all of the terms thereafter. 13.Notice. Any notice required to be given by either Party, or which either Party may wish to give, shall be in writing and served either by personal delivery or sent by certified or registered mail, postage prepaid, addressed as follows: To VTA: Santa Clara Valley Transportation Authority John H. Ristow, Chief, Congestion Management Agency 3331 North First Street, Bldg. B-2 San Jose, CA 95134-1906 To CITY: City of Cupertino Timm Borden, Director of Public Works Department of Public Works 10300 Torre Avenue Cupertino, CA 95014 Notice shall be deemed effective on the date personally delivered or, if mailed, three (3) days after deposit in the United States mail. 14. Dispute Resolution. If a question arises regarding interpretation of this Agreement or its performance, or the alleged failure of a Party to perform, the Party raising the question or making the allegation shall give written notice thereof to the other Party. The Parties shall promptly meet in an effort to resolve the issues raised. If the Parties fail to resolve the issues raised, alternative forms of dispute resolution, including mediation or arbitration, may be pursued by mutual agreement. It is the intent of the Parties to the extent possible that litigation be avoided as a method of dispute resolution. 15. Entire Agreement. This Agreement constitutes the entire Agreement between the Parties pertaining to the subject matter contained herein and supersedes all prior or contemporaneous agreements, representations and understandings of the Parties relative thereto. 16.Amendments. Future amendments to this Agreement shall be processed by mutual written agreement of the Parties. Unless otherwise provided herein, any amendments to this Agreement must be approved by the City Council and VTA Board. Whenever possible, notice of request to amend this Agreement shall be provided ninety (90) calendar days prior to the desired effective date of such amendment. 17.Warranty of Authority to Execute Agreement. Each Party to this Agreement represents and warrants that each person whose signature appears hereon has been duly authorized and has the full authority to execute this Agreement on behalf 5 VTA Funding Agreement I-280 Improvements.docx OAK#4841-7238-1729 v5 of the entity for which he or she has signed. 18.Severability. If any term, covenant, condition or provision of this Agreement, or the application thereof to any person or circumstance, shall to any extent be held by a court of competent jurisdiction to be invalid, void or unenforceable, the remainder of the terms, covenants, conditions and provisions of this Agreement, or the application thereof to any person or circumstance, shall remain in full force and effect and shall in no way be affected, impaired or invalidated thereby. WITNESS THE EXECUTION HEREOF the day and year first hereinabove set forth. "CITY" "VTA" City of Cupertino Santa Clara Valley Transportation a municip corporation Authority a public agency By: By: C,- City Manager Nuria Fernandez General Manager APPROVED AS TO FORM: APPROVED AS TO FORM: kuw" By: By: City Attorney G'icfior PWar o Senio t Counsel 6 VTA Funding Agreement I-280 Improvements.docx OAK#4841-7238-1729 v5