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HomeMy WebLinkAboutC2018-667 - 10/23/2018 - Approved NOTIFICATION FOR ADDITIONAL FUNDING IN 2018 (Street Maintenance Program) 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, entered into a revised Interlocal Agreement (the "Agreement") in 2013 providing funding by the RTA to the City for a Street Maintenance Program. The RTA has allocated the amount of 52,565,883.00 for its fiscal year 2018 under the 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 2018 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. The RTA additionally has adopted a policy to encourage contracting with disadvantaged business enterprises(DBEs) in all procurements and has adopted a goal of 13%participation for the current year. The City is encouraged to provide contracting opportunities for DBEs in connection with the use of these funds and include the level of DBE participation in the final report. This Amendment is made for the sole purpose of acknowledging the funding for 2018. All terms and conditions of the Agreement shall continue in full force and effect and are ratified and confirmed. G C.+T EXECUTED IN DUPLICATE ORIGINALS this 3o day of August,2018. REGIONAL TRANSPORTATION AUTHORITY By: or Cruz-Aedo,CEO ACCEPTED: CITY OF CO'PU CHRI TI,TEXAS By: / — I City anager Approved as to form._---- Date:PGfpppole_ Z6 ,2018. ' sistant City Attorney F:12788 RTA16 Int . a111 Ira sFund-Notice-CC.docx For City Attorney ATTEST: . G 15 3�` P€ _f;clA HUE_RTA ' _ �4U I HUrcILL. C2018-667 CVIBICIL 10/23/18 Res. 031582 SF(PFTA p•. RTA SCANNED