November 21, 2024
Gilbert Hernandez, P.E., T.E.
Public Works Director
City of Riverside
3900 Main Street
Riverside, CA 92522
SUBJECT: Memorandum of Understanding for Change of Awardee - Community Project Funding/Congressionally Directed Spending (CPFCDS) CA999 Earmark - Relinquishment from Riverside County Transportation Commission to the City of Riverside for the Third Street Grade Separation Project
Dear Public Works Director Hernandez:
This Memorandum of Understanding (MOU) letter confirms the agreement between the Riverside County Transportation Commission (RCTC) and the City of Riverside regarding the change of awardee for the Third Street Grade Separation Project (Project) CPFCDS funding.
Project Details:
• Project Name: Third Street Grade Separation
• Location: On Third Street in the city of Riverside, between Vine Street and Park Avenue • Scope: Replace existing 4 lane (2 lanes in each direction) railroad crossing to a 4 lane (2 lanes in each direction) grade separation
• Estimated Construction Cost: $59 million
• Awarded Grant Program: Community Project Funding/Congressionally Directed Spending Cycle 2 (2023) • CPFCDS Funding Amount: $3 million
• Local Match Required: 11.47%
Agencies Involved:
• Designated Awardee: RCTC
• Recipient Agency/Will Administer the Project: City of Riverside Agreement Terms:
1. RCTC agrees to relinquish the award for the Project to the City of Riverside to administer the Project.
2. The City of Riverside agrees to accept the award and manage the P roject, providing the required local match as specified. This includes all necessary timely submittals of requests for authorization to appropriately obligate and ultimately spend and invoice for the CPFCDS funding.
3. Both parties acknowledge this change will enhance project alignment with local priorities and facilitate successful implementation.
This MOU serves as a binding agreement between both agencies to ensure a smooth transition of project administration.
We are committed to working collaboratively to achieve the objectives of this project. Please confirm your acceptance of this MOU by signing below.