Salem, City of- Intergovernmental Agreement

Home Browse Search

5. The parties agree that alternates no. 10, 11 and 15 are District expenses, the cost of which will be borne entirely by the District. 6. The parties agree that alternates no 12 and 13 generally are unit prices for items which are project expenses shared by the parties pursuant to any change order requiring the work described in the alternates. However, specific change orders for alternates no 12 and 13, to the extent the same arise out of or relate to the presence or suspected presence of hazardous or toxic substances or materials, shall be solely a county expense. The parties further agree that alternate no 14 is a county expense, the cost of which will be borne entirely by the county pursuant to any change order requiring the work described in the alternate. The parties shall determine whether the cost is a county cost or a shared project cost as each change order is processed. 7. The aggregate cost of the alternates described in paragraphs 4 and 5 is $570,000.00. The payment by the parties of their Respective Share of the alternates described in paragraphs 4 and 5 results in a net credit to the County owing from the District of $335,352.00. (District's payment of its Respective Share, 30.64%, of $570,000.00 is $174,648.00, whereas its obligations under paragraphs 3 and 5 is $510,000.00, an underpayment of $335,352.00). 8. The parties agree to make progress payments in accordance with their Respective Shares. In addition, since the majority of the District's underpayment obligation is attributable to alternate no. 11 (clocktower pavilion), the District agrees to pay County the sum of $335,352.00 as ~ follows: the sum of $167,676.00 will be paid to the County at the same time as the payment of the progress payment which reflects that the clocktower pavilion is 50% completed and the balance will be paid when the clocktower pavilion is 100% completed. 9. The Federal Transit Administration has requested modification of language relating to the District's obligation to maintain continuing control over transit facilities. The FTA has approved the revisions to Exhibits A, B and C of the IDA, identified in the attachments. The revisions to Exhibits A, B and C of the IDA set forth in the attachments are hereby approved by the parties. 10. Except as expressly modified by this Agreement, all of the terms and conditions of the IDA, as amended, shall remain in full force and effect. Marion County Chair Salem Area Mass Transit District Title: