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CDC - Item 3 - Traffic Signal Installation/ModificationsTO: HONORABLE CHAIRMAN AND MEMBERS ROSEMI=Ar) COMMUNITY DEVELOPMENT COMMISSION FROM: BILL CR WE, EXECUTIVE DIRECTOR DATE: SEPTEMBER 7, 2005 RE: APPROVAL OF COOPERATIVE AGREEMENT BETWEEN THE CITY AND COMMUNITY DEVELOPMENT COMMISSION FOR TRAFFIC SIGNAL INSTALLATION/MODIFICATIONS, TRAFFIC SIGNAL CONTROLLER UPGRADES AND PEDESTRIAN PUSH BUTTON REPLACEMENT Attached for the Commission's review is a cooperative agreement between the City and the Community Development Commission for the subject project. Costs for the portion of the project that includes the traffic signal modification at Valley Boulevard/Mission Drive/Rio Hondo Avenue and pedestrian push button replacement have been budgeted by the City in the amount equal to Proposition C and CDBG grant funding obligated for the project. The Proposition C and CDBG grants are in the amounts of $75,000 and $75,000, respectively. The remaining costs for the installation of the traffic signal at Hellman Avenue/Eastbound 1-10 Freeway Offramp and the traffic signal controller upgrades have been budgeted by the Community Development Commission. RECOMMENDATION It is recommended that the Commission Development Commission approve the attached agreement. Attachment COMMISSION AGENDA SEP 13 2005 ITEM No. J AGREEMENT BETWEEN THE ROSEMEAD COMMUNITY DEVELOPMENT COMMISSION AND THE CITY OF ROSEMEAD FOR TRAFFIC SIGNAL INSTALLATION/MODIFICATIONS, TRAFFIC SIGNAL CONTROLLER UPGRADES AND PEDESTRIAN PUSH BUTTON REPLACEMENT THIS AGREEMENT is entered into this 13th day of September, 2005, by and between the CITY OF ROSEMEAD (hereinafter "CITY") and the ROSEMEAD COMMUNITY DEVELOPMENT COMMISSION (hereinafter "COMMISSION'). WHEREAS, pursuant to Health and Safety Code Section 33000 et seq., the City Council of the City of Rosemead established the Rosemead Community Development Commission under authority of the California Community Redevelopment Law; and WHEREAS, pursuant to Health and Safety Code Section 33000 et seq., the City Council of the City of Rosemead, by enactment of Ordinance No. 340, on June 27, 1972, and Ordinance No. 809, on June 27, 2000, has established the Rosemead Redevelopment Project Area Nos. 1 and 2, respectively; and WHEREAS, CITY and COMMISSION have a common interest in and wish to facilitate redevelopment within the City and to provide for the cooperation of CITY and COMMISSION in carrying out redevelopment activities; and WHEREAS, CITY and COMMISSION both desire to perform the construction described herein. NOW, THEREFORE, the parties agree: Section 1. Each party shall have access to the services and facilities of the other party and its staff. Each party shall also cooperate with the other in providing for redevelopment activities within CITY. Section 2. CITY shall supply to COMMISSION such information and reports as from time to time the COMMISSION may require. Section 3. CITY will assist COMMISSION in the planning, financing, acquisition, construction and maintenance or operation of redevelopment activities undertaken by the COMMISSION within CITY in accordance with applicable state and federal law. Section 4. CITY and COMMISSION shall jointly undertake the planning, engineering and construction of traffic signal installation/modifications, traffic signal controller upgrades and pedestrian push button replacement. CITY shall be "Lead Agency", as defined in Public Resources Code Section 21067. Section 5. COMMISSION shall pay the cost of the construction and engineering for the construction of the improvements benefiting Project Area Nos. 1 and 2. The total COMMISSION obligation for the project shall not exceed Two Hundred Forty Thousand ($240,000). The CITY shall pay the cost of the construction and engineering of the improvements in the amounts equal to Proposition C and CDBG grant funding obligated for the project. The total CITY obligation for the project shall not exceed One Hundred Fifty Thousand Dollars ($150,000). IN WITNESS WHEREOF, the parties hereto have executed this Agreement on the date first written above. CITY OF ROSEMEAD MAYOR ATTEST: CITY CLERK ROSEMEAD COMMINITY DEVELOPMENT COMMISSION CHAIRMAN ATTEST: COMMISSION SECRETARY