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MASTER AGREEMENT - <br /> <br /> ADMINISTERING AGENCY - STATE AGREEMENT <br /> FOR <br /> STATE FUNDED PROJECTS <br /> <br /> District 04 <br /> Agreement No. 000029 <br /> City of Redwood City <br /> Adminstering Agency <br /> <br /> THIS AGREEMENT, made effective this 27th day of March, 2001, is by and between the <br /> City of Redwood City, hereinafter referred to as 'ADMINISTERING AGENCY,' and the State <br /> of California, acting by and through its Department of Transportation, hereinafter referred to as <br /> 'STATE.' <br /> <br /> WITNESSETH <br /> <br /> WHEREAS, the Legislature of the State of California has enacted legislation by which <br /> certain State funds are made available for use on local transportation facilities; and <br /> <br /> WHEREAS, ADMINISTERING AGENCY has applied to the California Transportation <br /> Commission (CTC) and/or STATE for funding from the STATE Transportation Improvement <br /> Program (STIP), or other programs, as defined in the Local Assistance Program Guidelines for <br /> use on local transportation facilities as local administered PROJECT(s), hereinafter referred to as <br /> "PROJECT"; and <br /> <br /> WHEREAS, said PROJECT will not receive any federal funds; and <br /> <br /> WHEREAS, STATE is willing to enter into an AGREEMENT with ADMINISTERING <br /> AGENCY to delineate those certain obligations placed upon ADMINISTERING AGENCY <br /> relative to the use of said State funding and the prosecution of said PROJECT by <br /> ADMINISTERING AGENCY. <br /> <br /> NOW, THEREFORE, the parties agree as follows: <br /> <br /> ARTICLE I - PROJECT ADMINISTRATION <br /> <br /> 1. This AGREEMENT shall have no force or effect with respect to any programmed project <br /> unless and until a PROJECT-specific program supplement, adopting all of the temts and <br /> conditions of this AGREEMENT, hereinafter referred to as "PROGRAM SUPPLEMENT," has <br /> been fully executed by the parties. <br /> <br /> 2. A Financial commitment of state funds will occur only following the execution of this <br /> AGREEMENT together with the subsequent execution of each applicable PROGRAM <br /> SUPPLEMENT. <br /> <br /> 3. ADMINISTERING AGENCY further agrees, as a condition to the release and payment of <br /> State funds encumbered to the PROJECT described in the PROGRAM SUPPLEMENT, to <br /> comply with the terms of this AGREEMENT and all of the agreed-upon Special Covenants and <br /> <br />First Paragraph 2001 THIS AGREEMENT, made effective this <br /> <br /> Page 1 of 9 1/5/00 <br /> <br /> <br />