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Draft TCAG SB 125 Program Supplement to Cooperative Agreement

Visalia City Council
November 18, 2024

Document
Draft TCAG SB 125 Program Supplement to Cooperative Agreement
Meeting
November 18, 2024
Body
Visalia City Council
Original file
38 KB
Text extracted from the city's file for reading and search. Open the original on visalia.legistar1.com. That file is the official record.

SB 125 PROGRAM SUPPLEMENT TO

COOPERATIVE AGREEMENT
TCAG Agreement No.__________________
This Program Supplement (“Program Supplement”) is made and entered into on ________________, by and between the ____________________________ (the “SPONSOR”) and the TULARE COUNTY ASSOCIATION OF GOVERNMENTS, acting as the Regional Transportation Planning Agency for Tulare County (“TCAG”). The SPONSOR and TCAG are each a “Party” and together are the “Parties” to this Program Supplement.

This Program Supplement herby incorporates the “SB 125 Cooperative Agreement” for SB 125 Program funding that was entered into between the SPONSOR and TCAG on __________, 2024 and is subject to all terms and conditions thereof.

This Program Supplement is executed under authority of TCAG Resolution No. _______________, dated _________________.

The purpose of this Program Supplement is to document TCAG’s approval of funding from the SB 125 Program for SPONSOR’S proposed project identified as ________________________ (the “Project”). The scope of said Project, including its costs and schedule, are shown on the attached Attachment “A.” Covenants of SPONSOR
By entering into this Program Supplement, SPONSOR agrees that it will only proceed with work authorized for specific phase(s) of the Project with written “Authorization to Proceed” or other TCAG approval and will not proceed with future phase(s) of the Project(s) prior to receiving a written “Authorization to Proceed” or other TCAG approval.

SPONSOR will advertise, award, and administer the Project(s) as necessary and in accordance with SPONSOR standards.

Contract award information, if any, shall be submitted by SPONSOR to TCAG within 60 days after any Project contract award.

Failure to submit contract award information in accordance with section 1.3 will cause a delay (without interest or penalties) in TCAG’s processing of invoices for the construction phase of the Project.

If no costs have been invoiced by SPONSOR for the Project for a six-month period, then SPONSOR agrees to submit to TCAG for each Project phase a written explanation of the absence of Project(s) activity along with target billing dates and target billing amounts.

IN WITNESS WHEREOF, the undersigned Parties have executed this Program Supplement on the day and year first written above.

TULARE COUNTY ASSOCIATION OF GOVERNMENTS
By: _____________________________________ Attest:__________________________ TCAG Executive Director TCAG Finance Director
[NAME OF SPONSOR (City or TCRTA)]
By:______________________________________ Attest:_________________________________ Its [Title] [Title]
Jlk/10-21-2024/20241704/2259208.docx
SB 125 PROGRAM SUPPLEMENT TO

COOPERATIVE AGREEMENT
TCAG Agreement No.__________________
Attachment A
Project Name______________________________________________________ Project Scope
Project Schedule
Sources and Use of Funds

EXAMPLE
Funding Source ATP MR City/County
PA&ED 25,000 15,000
PS&E 63,000 37,000
ROW 6,000 4,000
Construction 426,000 251,000
Total Funding 520,000 307,000
(updated 10-__-2024) 2
(updated 10-__-2024) 1
(updated 10-__-2024)

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