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HomeMy WebLinkAboutAdden 3 CAG-06-069, Adden#3-09 THIRD AMENDMENT TO AN AGREEMENT BETWEEN THE CENTRAL PUGET SOUND REGIONAL TRANSIT AUTHORITY AND THE CITY OF RENTON THIS Third Amendment is made this c day ofJ i , 2009 to the Interlocal Cooperative Agreement between the Central Puget Sound Regional Transit Authority (hereinafter referred to as "Sound Transit") and the City of Renton, a municipal corporation ("Renton" or"City"), dated May 3, 2006. RECITALS WHEREAS, the City and Sound Transit entered into an Interlocal Cooperative Agreement on May 3, 2006 (the "2006 Agreement") to outline the scope, schedule and budget for the Strander Boulevard/SW 27th Street Extension, West Valley Highway to Oakesdale Ave S.W., and Rainier Avenue Arterial Improvements Projects; and WHEREAS, the Parties amended the scope of the Rainier Avenue Arterial Improvements Project resulting in the First Amendment to an Agreement Between the Central Puget Sound Regional Transit Authority and the City of Renton (the "First Amendment to the 2006 Agreement"), without increasing Sound Transit's financial contribution as provided in the 2006 Agreement; and WHEREAS, the Rainier Avenue Arterial Improvement Project will construct north- and south-bound business access and transit(BAT) lanes on Rainier Avenue South that will improve express bus service; and WHEREAS, future construction of the BAT lanes on Rainier Avenue South are contingent upon the rebuilding and lengthening of the BNSF Rainier Avenue South Railroad Overpass, which BNSF has rebuilt and lengthened; and WHEREAS, the Parties agreed to the use of grant funds to include reimbursement for the final configuration of the Rainier Avenue South Railroad Overpass resulting in the Second Amendment to an Agreement Between the Central Puget Sound Regional Transit Authority and the City of Renton (the "Second Amendment to the 2006 Agreement"), without increasing Sound Transit's financial contribution as provided in the 2006 Agreement; and WHEREAS, the Parties have received and are currently reviewing the Preliminary Engineering and Environmental Documentation (PE/ED) for the Rainier Avenue Arterial Improvements Project and desire to immediately proceed to the Final Design and Right-Of- Way Acquisition phase of the project to avoid any delay in the project schedule; and 1 Nire Neer WHEREAS, the scope of work for the Rainier Avenue Arterial Improvement Project is specified in Section 2.0 of the First Amendment to the 2006 Agreement; and WHEREAS, the responsibilities of the Parties for the Final Design and Right-Of-Way Acquisition Phases are specified in Sections 6.0 and-.7.0 of the 2006 Agreement; NOW THEREFORE, for and in consideration of the mutual covenants contained herein the City and Sound Transit do hereby agree to amend the 2006 Agreement as follows. 1.0 PURPOSE The purpose of this Third Amendment is to amend the 2006 Agreement and describe the commitments of the Parties relative to the Final Design and Right-Of-Way Acquisition phases of the Rainier Avenue Arterial Improvements Project. These phases are proceeding concurrently. 2.0 FUNDING OBLIGATIONS 2.1 As provided in the 2006 Agreement, and which will remain unchanged by this third amendment, Fourteen Million Nine Hundred Thousand dollars ($14,900,000) will be the maximum amount of the Sound Transit funding contributions to the City for completion of the Rainier Avenue Arterial Improvements Project. As more fully set forth in the 2006 Agreement, Two Million Five Hundred Thousand Dollars ($2,500,000) of that amount is for completion of the Preliminary Engineering and Environmental Documentation for the Transit Elements, and the remaining Twelve Million Four Hundred Thousand Dollars ($12,400,000) is for Final Design, Right-Of-Way Acquisition and Construction of the Transit Elements. 2.2 Pursuant to the Second Amendment to the 2006 Agreement, Sound Transit paid the City the amount of Two Million Five Hundred Thousand Dollars ($2,500,000) for the Rainier Avenue Arterial Railroad Overpass Improvement Sub-Project. The amount provided pursuant to the Second Amendment is considered part of the Twelve Million Four Hundred Thousand Dollars ($12,400,000) for Final Design, Right-Of-Way Acquisition and Construction of the Transit Elements. 2.3 Pursuant to this Third Amendment, Sound Transit will pay to the City the amount of Four Million Five Hundred Thousand Dollars ($4,500,000) for the Final Design and Right-Of-Way Acquisition phase of the Rainier Avenue Arterial Improvement Project. Until the $4,500,000 limit for Final Design and Right-Of- Way Acquisition is reached, Sound Transit will reimburse to the City 70% of the actual costs invoiced to and paid by the City to the City's consultants, contractors, or property owners for such Final Design and Right-Of-Way Acquisition services. Sound Transit will reimburse such amounts within thirty (30) days of receipt of 2 lore *sof the City's proof of payment and supporting documentation. By way of example, if the City is invoiced for $100,000 and pays the consultant $100,000, then within thirty days of the City's submission of proof of payment and supporting documentation, Sound Transit will reimburse the City $70,000. 2.4 The remaining Five Million Four Hundred Thousand Dollars ($5,400,000) is for Construction of the Transit Elements, and it will be provided pursuant to a separate agreement for Construction that will incorporate terms and conditions consistent with the 2006 Agreement and all applicable amendments thereto and other terms appropriate for this phase of work. 2.5 All remaining funding for the Rainier Avenue Arterial Improvement Project, including the Preliminary Engineering and Environmental Documentation, and Final Design, Right-Of-Way Acquisition, and Construction of this project will be provided by the City through City funds or other funding obtained by the City. If the actual cost of the Rainier Avenue Arterial Improvements Project exceeds the City's estimates for the project, Sound Transit will not be obligated to increase its contribution under the 2006 Agreement or this or any prior amendment to the 2006 Agreement. If the total Project costs exceed the available matching funding from the City or other sources, the City may reduce the scope of the general purpose improvements, but in no event shall the City reduce the scope of the Transit Elements, unless written approval is received from Sound Transit. 3.0 Schedule 3.1 In the event that the City for any reason does not achieve substantial completion of all of the Transit Elements of the Rainier Avenue Arterial Improvements Project by April 1, 2012, the City shall within thirty (30) days of written request by Sound Transit, reimburse to Sound Transit all amounts paid under this Third Amendment by Sound Transit to the City for right of way acquisition, plus interest. Interest shall be calculated from the date Sound Transit provided the funds to the City until the date such funds are returned to Sound Transit. Interest will be calculated at a rate of six percent(6%) per annum. 3 4liow 'owe 4.0 EFFECT OF THIRD AMENDMENT Unless expressly revised by this Third Amendment, all other terms and conditions of the 2006 Agreement, as amended by the First and Second Amendments to the 2006 Agreement shall remain in effect and unchanged by this Third Amendment. IN WITNESS WHEREOF, the Parties hereto hereby agree to the terms and Conditions of this Agreement as of the date first written above. For the City of Renton: For Sound Transit: L ik . -/ 41110; -in Sti, By: Denis Law By: Jo. ► . Earl Title: Mayor Title: : -'utive Officer Appr► as to F :� Approved as • F. �/ By: Lawrence J. Warren /• i- e- - y Title: Renton Legal Counsel e: o - . Transit Legal Counsel Attest: '31) 1 ' Yie By: Jason A. Seth Title: Deputy City Clerk 4