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HomeMy WebLinkAboutC-1476(A) - Cooperative financing, Construct traffic signal, 16th & Dover, Cliff & Dover, Balboa & PalmCITY CLERIC November 27, 1972 PUBLIC WORKS DEPARTMOT Attention: Don Webb CITY CLERK SIGNALIZATION AT IRVINE AVENUE AND 20TH STREET, C -1476 Enclosed are two copies of agreement with Costa Mesa for subject project. Please send one copy to Eileen ?hinny, City Clerk of Costa Mesa. Launa Lagios City Clerk LL:swk enc. CITY OF NEWPORT BEACH CALIFORNIA City Hall 3300 W. Newport Blvd, Area Code 714 673 -2110 DATE November 27, 1972 TO: FINANCE DIRECTOR FROM: City Clerk SUBJECT: Contract No. 1476F Description of Contract Sig mlization at Irvim and Higland Authorized by Resolution No. 7869 , adopted on November 13, 1972 Effective date of Contract November 20, 1972 Contract with City 6 Costa "Aga Address 77 Fair Drive Costa "esa, CA. Amount of Contract see oontmct City Cletk AGREEMENT THIS AGREEMENT made and entered into this go 2Z day of lyrv�,qg,-4 , 1972, by and between the CITY OF COSTA MESA, a municipal corporation, hereinafter referred to as "Costa Mesa ", and the CITY OF NEWPORT BEACH, a municipal corporation, hereinafter referred to as "Newport Beach ": W I T N E S S E T H• WHEREAS, the safety of motoring and pedestrian traffic at the intersection of Highland Drive -20th Street and Irvine Avenue requires the installation of traffic - actuated control signals, safety lighting, and left turn pockets; and WHEREAS, the boundary between the City of Newport Beach and the City of Costa Mesa is the median in Irvine Avenue; and WHEREAS, it is the desire of the parties hereto to set out their respective rights and obligations concerning the improve- ment of said intersection; NOW, THEREFORE, FOR AND IN CONSIDERATION of the covenants herein contained, performed and to be performed, the parties hereto agree as follows: 1. The parties hereto agree to share the construction contract cost of a traffic - actuated signal and safety lighting system at the intersection of Highland Drive -20th Street and Irvine Avenue in the same ratio as the number of legs under each party's jurisdiction entering the intersection are to the total number of -1- i legs entering the intersection. 2. The total cost of construction shall initially be borne by Newport Beach. 3. The construction of the project shall be subject to the determination by the State of California Division of Highways and Federal Highway Administration (FHWA) that the project is eligible for funding through the Traffic Operations Program to Improve Capacity and Safety (TOPICS). 4. Costa Mesa agrees to authorize the State to transfer TOPICS funds from the Costa Mesa allocation to the Newport Beach allocation. Said funds will be in the amount of fifty per cent (50 %) of total eligible TOPICS costs for the construction of the project. The Costa Mesa share of the total eligible TOPICS COSTS is estimated to be $16,500.00. 5. Costa Mesa shall, upon receipt of proper demand, reimburse Newport Beach in an amount equal to fifty per cent (50 %) of the matching funds required for the construction of the project. The Costa Mesa share of the matching funds is estimated to be $6,600.00. 6. The total cost for constructing the project shall include the actual cost of the preliminary engineering, construction contract, construction engineering, inspection and administration as set out in the final accounting for the TOPICS program. 7. After completion of the project, the traffic signals and lighting shall be maintained or modified by Newport Beach. 8. Any modification to the traffic signal system shall first be approved by Costa Mesa. -2- 0 0 9. Upon annual submission by Newport Beach of maintenance, modification and energy costs, Costa Mesa shall pay to Newport Beach its proper share of said costs which shall be in the same ratio to the total costs as the number of legs under Costa Mesa's jurisdiction entering the intersection are to the total number of legs entering the intersection, said ratio presently being fifty per cent (50 %). IN WITNESS WHEREOF we have placed our hands and seals on the day and year first above written. CITY OF C A MESA O/VED AS TO FORM: By:K," Mayor F ATTEST: f E. Jun C ty Attorney th City of Costa Mesa City Clerk TY OF NEWPORT BEACH `., y:z AS TO J�q<I anF Mayor ATTEST: Den is O'Neil, ity Att rney for the City of Newport Beach City Clerk -3- DON:mh 11/7/72 RESOLUTION NO. 7 8 6 9 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AUTHORIZING THE EXECUTION OF A COOPERATIVE FINANCING AGREEMENT BETWEEN THE CITY OF NEWPORT BEACH AND THE CITY OF COSTA MESA FOR TRAFFIC SIGNAL INSTALLATION AT HIGHLAND DRIVE AND IRVINE AVENUE, CONTRACT C -1476 WHEREAS, there has been presented to the City Council of the City of Newport Beach a certain cooperative financing agreement between the City of Newport Beach and the City of Costa Mesa for the installation of a traffic signal at the intersection of Highland Drive and Irvine Avenue; and WHEREAS, the City Council has considered the terms and conditions of said cooperative financing agreement and found them to be fair and equitable; NOW, THEREFORE, BE IT RESOLVED that said cooperative financing agreement above described is approved, and the Mayor and City Clerk are hereby authorized and directed to execute the same on behalf of the City of Newport Beach. ADOPTED this 13th day of ATTEST: City Clerk November , 1972. Mayor DON dm 11/8/72