Approve Cooperative AgreementC-3-2654
Orange County Transportation Authority for I-405 Improvement Project September 5, 2023
BACKGROUND
Initial work for the I-405 project started in 2001 – planning and programming OCTA awarded design-build project to OC405 Builders January 2017 OCTA entered into Cooperative Agreements with all of the local agencies along the project corridor in 2016 to facilitate tasks needed to complete the project and compensate agencies for expenses/efforts
NEED/WHY/BENEFITS
The Cooperative Agreement outlines various efforts that each party will undertake or participate in to complete the project The agreement also includes financial reimbursement terms and amounts for various City efforts needed to complete the project Prior agreement expired in April 2023
New agreement needed to continue all aspects of prior agreement through the completion of the project in 2024
DETAILS
The City has already received $682,737 for pavement mitigation costs – pavement life impacts due to freeway detours onto local streets The City has received $217,605 to date for other direct staff expenses/efforts related to the project New agreement authorizes a maximum reimbursement amount for additional expenses of $200,000 through the completion of the project
RECOMMENDATION
Approve Cooperative Agreement C-3-2654 with OCTA and authorize the Mayor and City Attorney to execute the agreement
Questions?