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Res14 15325
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Res14 15325
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Last modified
10/11/2019 7:51:21 AM
Creation date
10/11/2019 7:51:19 AM
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Template:
CC Index
CC Index - Document Type
Resolution
Meeting Type
Regular
Agency Type
City Council
Date
2/10/2014
Description
RESOLUTION OF THE COUNCIL OF THE CITY OF REDWOOD CITY APPROVING AND AUTHORIZING EXECUTION OF SUPPLEMENTAL AGREEMENT VI TO JOINT EXERCISE OF POWERS AGREEMENT FOR THE SOUTH BAYSIDE SYSTEM AUTHORITY
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B. DISTRIBUTION OF CAPITAL COSTS FOR CAPITAL EXPENDITURES <br /> INCURRED AFTER COMPLETION OF STAGE 1 (EXCLUSIVE OF STAGE 2 <br /> CAPACITY EXPANSION CAPITAL COSTS) <br /> Belmont San Carlos Redwood City West Bay <br /> 9.45% 15.14% 48.57% 26.84% <br /> Notes: <br /> l. For purposes of this Subdivision B, the Joint Facilities shall include the improvements to <br /> the facilities itemized as 1-7 in Subdivision A(collectively, "Facilities")resulting from the <br /> reconstruction, replacement, rehabilitation, remodeling, relocation or repair of said <br /> Facilities or any additions thereto under the Authority's Capital Improvement Program <br /> approved, amended revised or updated from time to time by the Commission of the <br /> AuthoriTy. <br /> 2. Capital costs above include readily identifiable costs of construction, including <br /> engineering, design, construction management and supervision, change orders during <br /> construction, costs of special services, including soils studies, surveys, rights-of-way, legal <br /> and administrative expenses, preliminary engineering (;ncluding reports) and any and all <br /> other costs related to capital improvements of the Facilities. <br /> 3. Capital costs also include all costs meeting the definition of a capital expense as defined in <br /> the Authority's Capital Expense Policy as adopted and modified from time to time by <br /> resolution of the Commission of the Authority. <br /> 4. The percentages set forth above are based on actual costs, exclusive of any State and/or <br /> Federal grants received. Should any such grants be received prior to, during, or after the <br /> completion of construction, they shall be returned to each of the Agencies, in accordance <br /> with the rules and regulations which govern at the time of receipt of such grants. <br /> 5. The above distribution of Capital costs is based on each member entity's percentage of <br /> ownership of the Stage 1 Facilities plus each member entity's percentage of allocated or <br /> owned Stage 2 Average Dry Weather Flow (ADWF) capacity of the total capacity as set <br /> forth in Subdivision(c)of Section 7.2 of the Agreement. <br /> 6. Stage 2 expansion costs are distributed in accordance with Subdivision (d)(ii) of Section <br /> 7.2 of the Agreement. <br /> 7. The above distribution of Capital costs pertains to costs for the reconstruction, <br /> replacement, rehabilitation, remodeling, relocation and repair of Stages land 2 of the <br /> Project, any component thereof or addition thereto, in accordance with Subdivision (c) of <br /> Section 5.9 of the Agreement. Adjustments to the proportionate ownership of capacity <br /> rights and corresponding distribution of capital costs��shall be made to correspond to <br /> transfers of capacity rights, if any, between the Agencies pursuant to Section 73 of the <br /> Agreement. <br /> 13 <br /> SBSA_J PASuppVi_052212r_120412rforsig] <br />
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