Agmt08 County of San Mateo C/CAG

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FUNDING AGREEMENT BETWEEN CITY/COUNTY ASSOCIATION OF GOVERNMENTS AND THE CITY OF REDWOOD CITY This Agreement entered this ~~ Day o~~ 200~ ~';'d between the CITY/COUNTY ASSOCIATION OF GO ME TS OF SAN MATEO COUNTY, a joint powers agency formed for the purpose of preparation, adoption and monitoring of a variety of county-wide state-mandated plans, hereinafter called "C/CAG" and the City of Redwood City, hereinafter called "CITY." WITNESSETH WHEREAS, funded through Assembly Bill 1546 (ABI546), C/CAG has established a Countywide Traffic Congestion Management Program for Intelligent Transportation System (ITS) projects including signal controller and video detection upgrades; and WHEREAS, the CITY was awarded $64,000 to upgrade signal controllers at four (4) project locations; and WHEREAS, the CITY has until December 31, 2008 to complete the projects; and NOW, THEREFORE, IT IS HEREBY AGREED by the parties as follows: 1. Payments. Upon receipt of letter and backup information from the CITY indicating that the projects are completed, C/CAG shall make payment to the CITY on a reimbursement basis for actual construction costs incurred in an amount up to sixty-four thousand dollars ($64,000). 2. Non-Assignability. CITY shall not assign this Agreement or any portion thereof to a third party without the prior written consent of C/CAG, and any attempted assignment without such prior written consent in violation of this Section automatically shall terminate this Agreement. 17. Contract Term. This Agreement shall be in effect as otJ~U.A'RJf c2....3> ,20J and shall terminate on June 30, 2009; provided, however, the C/CAG Chairper~n may terminate this Agreement at any time for any reason by providing 30 days' notice to CITY. Termination to be effective on the date specified in the notice. In the event of termination under this paragraph. 18. Governing Law. This Agreement shall be governed by the laws of the State of California and any suit or action initiated by either party shall be brought in the County of San Mateo, California.