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HomeMy WebLinkAboutC2014-119 - 4/1/2014 - NA NOTIFICATION OF ADDITIONAL FUNDING (Street Improvement Fund) The Regional Transportation Authority in Corpus Christi, Texas ("RTA"), a metropolitan transit authority operating under Chapter 451 of the Texas Transportation Code, and the City of Corpus Christi, Texas ("City"), a municipal corporation, have entered into a revised Inter-local Agreement(the "Agreement") in 2013 providing funding by the RTA to the City for a Street Improvement Program. The RTA has allocated the amount of$2,547,728.00 for its fiscal year 2014 under the Interlocal Agreement. Such funds shall be paid to the City for projects in the manner provided under the Agreement. As provided in the Agreement, the City has agreed to submit its proposed list of street improvement projects for fiscal year 2014 funding and file a report with the RTA within 90 days following the end of each year on the expenditure of the funds paid to the City during the previous fiscal year. This Amendment is made for the sole purpose of acknowledging the additional funding for 2014. All terms and conditions of the Agreement shall continue in full force and effect and are ratified and confirmed. s1- n r EXECUTED IN DUPLICATE ORIGINALS this ,- day of M rrtr;2014. REGIONAL TRANSPORTATION AUTHORITY By: Cott Neeley, CEO ACCEPTED: CITY O CO:.' • T %- :•• By: _ / � � Ron. O son, City ana er Date: / 70/ ,2014. 2014-119 4/04/14 Regional Transportation INDEXED Authority