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On February 12, 1999, the project coordinator was notified in writing of the Agency analysis and acceptable level of participation consistent with the terms of the Agreement. The notice clearly indicated that the maximum participation for the elements bid was $1,067,096, or $247,883 less than the amount bid by Pence/Kelly Construction. On February 17, 1999, after receiving notice of acceptable levels of Agency participation, the County and Transit District awarded the construction contract to Pence/Kelly Construction. After having awarded the construction contract, the Intergovernmental Participation Agreement was executed by the Transit District and the County on February 17 and 18, 1999, respectively. On March 29, 1999, the Transit District and Marion County filed a letter with City Council requesting the Agency participation be increased by the $247,883. The request was referred to staff for analysis. On May 3, 1999, Council received the staff analysis recommending the request be denied (Exhibit II). Council carried the item forward to subsequent agendas and has taken no action on the request. Several joint meetings were held by Council with the County and Transit Boards. In )une 1999, details of the difFerences in bid cost were discussed (Exhibit III). No consensus was reached on the requested funding increase. Development of the Courthouse Square project has proceeded under the terms and conditions of the agreement as originally executed between the Agency, County and Transit District. As of June 20, 2000, a total of $1,373,819, including approved change orders, has been accepted for funding participation within the $2,000,000 maximum of the agreement as follows: A. Streetscape and General Condition $664,354 Change Orders 24.137 $688,491 B. Weather Protection $161,280 Change Orders p $161,280 C. TrafFc Signals/Street Lights $144 159 Change Orders 29.104 $173,263 D. On-Street Transit Facility To Be Bid