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�. I Q -2 <br />in the formulation of the subject agreement, and the —two agreements are <br />complementary. <br />A copv of both agreements are available for review in the City Clerk's Office. <br />Fiscal Impacts <br />By executing this agreement, the City agrees to administer and construct the project. <br />RWS -CFD 99 -1 has the bonding capacity to cover the City's responsibilities. Belmont <br />will transfer their portion of the project funding to the City at the time of the execution of <br />this agreement. <br />eter Vorametsanti Bruce Lieclstrand <br />Community Development Services Director <br />Senior Civil Engineer <br />SPV:ss <br />s /library/reports /peter /Belmont Ralston IC main co op <br />S /library/reports/peter /Cal Trans Ralston IC co op.doc <br />d Everett <br />City Manager <br />Page 2 of 2 <br />