AMENDMENT NUMBER TWO
TO THE
REIMBURSEMENT AGREEMENT BETWEEN CVAG AND CITY OF CATHEDRAL CIY
FOR THE
CATHEDRAL CANYON BRIDGE PROJECT
This
AMENDMENT NUMBER TWO is made and entered into this 2nd day of December, 2024, by and between the Coachella Valley Association of Governments, a California joint powers agency (CVAG), and City of Cathedral City ( City), and is made with reference to the following background facts and circumstances. All other terms and conditions shall remain the same as stated in the original Agreement for the Cathedral Canyon Bridge Project.
This
Amendment Number Two authorizes CVAG funds in an additional amount not to exceed $525,000 for the following:
Summary
Previously obligated authorized funds (75%) $ 1,895,820.00 New obligation under Amend. No. One for Bridge Construction (75%) $ 402,875.00 New obligation under Amend. No. One to include CV Link (100%) $ 278,397.58 New obligation under Amend. No. Two for Traffic Signal (75%) $ 525,000.00 Revised Total Amount Authorized for this Project $ 3,102,092.58 IN
WITNESS WHEREOF, the parties hereto have caused this Amendment Number Two to be executed by their duly authorized representatives on this date:
AT
TEST: CITY OF CATHEDRAL CITY
By
: _______________________________ By: ___________________________ Charlie McClendon, City Manager Nancy L. Ross, Mayor
AT
TEST: COACHELLA VALLEY ASSOCIATION OF
GOVERNMENTS
By
: _______________________________ By: ___________________________ Tom Kirk, CVAG Executive Director Ted Weill, Chair