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2006-068
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Last modified
6/21/2017 3:41:48 PM
Creation date
9/30/2015 4:37:52 PM
Metadata
Fields
Template:
Resolutions
Resolution Number
2006-068
Approved Date
05/23/2006
Agenda Item Number
7.O.
Resolution Type
Transportation
Entity Name
Florida Department of Transportation
Subject
Public Transportation Joint Participation Agreement
Archived Roll/Disk#
3129
Supplemental fields
SmeadsoftID
1860
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725-030-06 <br /> PUBLIC TRANSPORTATION <br /> 01/06 <br /> Page 2 of 11 <br /> .2.00 Accomplishment of the Project <br /> 2.10 General Requirements: The Agency shall commence, and complete the project asdescribed in Exhibit <br /> "A" attached hereto and by this reference made a part hereof this Agreement, with all practical dispatch, in a sound, <br /> economical, and efficient manner, and in accordance with the provisions herein, and all applicable laws. <br /> 2.20 Pursuant to Federal,State, and Local Law: In the event that any election, referendum, approval, permit, <br /> notice, or other proceeding or authorization is requisite under applicable law to enable the Agency to enter into this <br /> Agreement or to undertake the project hereunder, or to observe, assume or carry out any of the provisions of the <br /> Agreement, the Agency will initiate and consummate, as provided by law, all actions necessary with respect to any such <br /> matters so requisite. <br /> 2.30 Funds of the Agency: The Agency shall initiate and prosecute to completion all proceedings necessary <br /> including federal aid requirements to enable the Agency to provide the necessary funds for completion of the project. <br /> 2.40 Submission of Proceedings, Contracts and.Other Documents: The Agency shall submit to the <br /> Department such data, reports, records, contracts and other documents relating to the project as the Department may <br /> require as listed in Exhibit"C" attached hereto and by this reference made a part hereof. <br /> 3.00 Project Cost: The total estimated cost of the project is $ 185,000.00 This amount <br /> is based upon the estimate summarized in Exhibit"B"attached hereto and by this reference made a part hereof this <br /> Agreement.The Agency agrees to bear all expenses in excess of the total estimated cost of the project and any deficits <br /> involved. <br /> 4.00 Department Participation: The Department agrees to maximum participation, including contingencies, <br /> in the project.in the amount of$ 92.500.000 not to exceed 50 % of the total <br /> project cost as detailed in Exhibit"B". <br /> 4.10 Project Cost Eligibility Project costs eligible for State participation will be allowed only from the effective <br /> date of this agreement. It is understood that State participation in eligible project costs is subject to: <br /> (a) Legislative approval of the Department's appropriation request in the work program year that the project is <br /> scheduled to be committed; <br /> (b) . Availability of funds as stated in Section 17.00 of this Agreement; <br /> (c) Approval of all plans, specifications, contracts or other obligating documents and all other terms of this <br /> Agreement; <br /> (d) Department approval of the project scope and budget (Exhibits A& B) at the time appropriation authority <br /> becomes available. <br /> 4.20 Front End Funding : Front end funding O is @ is not applicable. If applicable, the Department <br /> may initially pay 100% of the total allowable incurred project costs up to an amount equal to its total share of_participation <br /> as shown in paragraph 4.00. <br /> 5.00 Retainage : Retainage Ois 0 is not applicable. If applicable, percent of the <br /> Department's total share of participation as shown in paragraph 4.00 is to be held in retainage to be disbursed, at the <br /> Department's discretion, on or before the completion of the final project audit. <br />
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