FTIP# LAF5301
PPNO N/A
CFP# F5301
AMENDMENT NO. 2
Funding Agreement No. 920000000F5301
Rev: 08.01.2021 1 FA Local Amendment Lapsing Date Extension AMENDMENT No. 2 TO FUNDING AGREEMENT
BETWEEN CITY OF REDONDO BEACH AND
THE LOS ANGELES COUNTY METROPOLITAN TRANSPORTATION AUTHORITY This Amendment No. 2 to Funding Agreement (this "Amendment"), is dated as of October 1, 2021, by and between City of Redondo Beach("GRANTEE"), and the Los Angeles County Metropolitan Transportation Authority ("LACMTA").
RECITALS:
A. GRANTEE and LACMTA entered into that certain Funding Agreement No. 920000000F5301, dated December 30, 2016, which was amended on August 15, 2019 (as amended, the "Existing FA"), which Existing FA provides for the Grant Avenue Signal Improvements (the “Project”); and
B. Whereas, LACMTA Board on July 22, 2021, desires to extend the lapsing date of the Project to February 28, 2022; and
C. GRANTEE and LACMTA desire to amend the Existing FA as provided herein.
FTIP# LAF5301
PPNO N/A
CFP# F5301
AMENDMENT NO. 2
Funding Agreement No. 920000000F5301
Rev: 08.01.2021 2 FA Local Amendment Lapsing Date Extension AGREEMENT:
NOW, THEREFORE, for good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the parties hereby agree as follows:
1. Part II, Paragraph 8.1 (iv) of the Existing FA is hereby amended by deleting it in its entirety and replacing it with the following:
“8.1 (iv) funds programmed for FY 2016-17 are subject to lapse on February 28, 2022.”
2. Attachment B – Scope of Work, attached to the Existing FA is hereby amended by deleting the Project Schedule and replacing it with the following Revised Project Schedule.
FA Milestones
Amendment #1 Schedule in
Scope of Work
Revised Project Schedule
Start Date End Date Start Date End Date
Operational Plan June 2019 June 2019 July 2017 September 2017 Environmental
Documentation July 2019 July 2019 October 2017 December 2017 Design Engineering July 2019 February 2020 July 2019 August 2019 Plans, Specifications, an
Estimates March 2020 April 2020 August 2019 February 2021 Advertise for Construction May 2020 July 2020
September
2021 October 2021
Construction August 2020 December 2020 October 2021 January 2022 Project Completion January 2021 February 2021 January 2022 February 2022 Total Project Duration
(Months)
20 55
3. Except as expressly amended hereby, the Existing FA remains in full force and effect as originally executed. All rights and obligations of the parties under the Existing FA that are not expressly amended by this Amendment shall remain unchanged.
FTIP# LAF5301
PPNO N/A
CFP# F5301
AMENDMENT NO. 2
Funding Agreement No. 920000000F5301
Rev: 08.01.2021 3 FA Local Amendment Lapsing Date Extension IN WITNESS WHEREOF, the parties have caused this Amendment No. 2 to be duly executed and delivered as of the above date.
LOS ANGELES COUNTY
METROPOLITAN TRANSPORTATION AUTHORITY
By: _________________________________ Date: ____________________ Stephanie N. Wiggins
Chief Executive Officer
APPROVED AS TO FORM:
RODRIGO A. CASTRO-SILVA
County Counsel
By: _________________________________ Date: ____________________ Deputy
CITY OF REDONDO BEACH
By: _________________________________ Date: ____________________ William C. Brand
Mayor
APPROVED AS TO FORM:
By: __________________________________ Date: ____________________ Michael W. Webb
City Attorney