Exhibit A – Draft Fourth Amendment to C/CAG FA
AMENDMENT NO. 4 TO THE FUNDING AGREEMENT
BETWEEN
CITY/COUNTY ASSOCIATION OF GOVERNMENTS OF SAN MATEO COUNTY AND
CITY OF SOUTH SAN FRANCISCO
FOR
CONSTRUCTION PHASE OF THE SMART CORRIDOR EXTENSION PROJECT WHEREAS, the City/County Association of Governments of San Mateo County (hereinafter referred to as “C/CAG,”) and the City of South San Francisco, a municipal corporation, (hereinafter referred to as “City”) are parties to an Agreement dated March 24, 2021, specifying each Party’s obligations and responsibilities for the construction phase of the Smart Corridor extension project in the City (hereinafter referred to as the “Agreement”); and WHEREAS, C/CAG provided the City a total of $917,000 in funding to cover project construction costs through the Agreement dated March 24, 2021; and WHEREAS, C/CAG and the City executed Amendment No. 1 on December 10, 2021 to allocate an additional amount of $1.6M to cover the construction costs and to extend the term of the agreement to June 30, 2023; and
WHEREAS, C/CAG and the City executed Amendment No. 2 on June 8, 2023 to extend the term of the agreement to June 30, 2024; and
WHEREAS, C/CAG and the City executed Amendment No. 3 to extend the agreement to enable project completion due to project delays to June 30, 2025; WHEREAS, C/CAG and the City desire to amend the Agreement as set forth herein.
IT IS HEREBY AGREED by C/CAG and the City as follows:
1. Exhibit B, Funding Summary, shall be replaced in its entirety with a new Exhibit B, Revised Funding Summary, attached hereto and incorporated into the Agreement.
2. Except as expressly amended herein, all other provisions of the Agreement shall remain in full force and effect.
3. This amendment shall take effect on December 12, 2024.
SIGNATURES ON FOLLOWING PAGE
Exhibit A – Draft Fourth Amendment to C/CAG FA
CITY OF SOUTH SAN FRANCISCO CITY/COUNTY ASSOCIATION OF
GOVERNMENTS OF SAN MATEO
COUNTY
By: By:
Sharon Ranals Adam Rak
City Manager C/CAG Chair
Date: Date:
Approved as to Form: Approved as to Form:
______________________________ _________________________________ City Attorney Melissa Andrikopoulos
Legal Counsel for C/CAG
Exhibit A – Draft Fourth Amendment to C/CAG FA
Exhibit B
Revised Funding Summary
Project
Cost
STIP
Funds
Other Local
Funds (i.e.
Measure M
Vehicle
Registration
Fees)
TLSP
Funds
Funding
Total
Component In thousands of dollars ($1,000)
Construction $8,169 $2,044 $2,527 $3,598 $8,169
Total $8,169 $2,044 $2,527 $3,598 $8,169