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Res 1043 - Agmt Contr 10471 Imp COUNCIL BILL NO. 1286 RESOLUTION NO. 1043 A RESOLUTION AUTHORIZING A SUPPLEMENTAL AGREEMENT TO CONTRACT 10471 REGARDING THE ROADWAY IMPROVEMENTS TO HIGHWAY 214 WITH THE OREGON STATE HIGHWAY DMSION. WHEREAS, the City of Woodburn has entered into an agreement to finance roadway improvements on Highway 214 through State Immediate Opportunity Fund monies; and WHEREAS, the City of Woodburn has determined that those infrastructure improvements are necessary to stimulate economic development for the benefit of the community; and WHEREAS, revised cost estimates have reduced the amount of advance deposit required by the City of Woodburn for this project; NOW, THEREFORE, THE crIY OF WOODBURN RESOLVES AS FOLLOWS: Section 1. That the City of Woodburn enter into an agreement with the Oregon Department of Transportation, Highway Division entitled "Supplement Contract No. 10471," a copy of which is attached for reference. Section 2. That the Mayor and other appropriate City officials be authorized to sign and execute said sup~ agreement on alf e City of Woodburn. Approved as to form:- ~ City Attorney Date APPROVED, 1z::!.rt.,~ March 25. 1991 March 26, 1991 March 26, 1991 March 2b, 1991 Passed by the Council Submitted to the Mayor Approved by the Mayor Filed in the office of the Recorder Attest: ;J1~ ~( - Mary Te6hant, Deputy Recorder City of Woodburn, Oregon Page 1 -COUNCIL BILL NO. 1286 RESOLUTION NO. 1043 ,- ,---~"'.-''''--''--"'-'- -, --,---,._-~.__.,~.,,-_..,~ ... .._'.,~_._---_'~'-"'~~ February 14, 1991 Misc. Contracts & Agreements No. 10471 City of Woodburn 270 Montgomery Street Woodburn, OR 97071 Gentlemen and Ladies: The Oregon State Highawy Division (State) and the City of Woodburn, (Agency) entered into Construction-Finance Agreement No. 10471, dated December 4, 1990, concerning construction of the Hil1sboro-Si1verton Highway at Woodland Street, Immediate Opportunity Fund project (project). State and Agency have now determined that the aforementioned agreement, although remaining in full force and effect, should be supplemented by this agreement in order to reduce the Agency's advance deposit, due to revised project cost estimates. Any further reference to the agreement dated December 4, 1990 shall, include the following: AGENCY OBLIGATIONS, paragraph 4,which reads... "4. Agency shall, prior to State's advertising for bid proposals, deposit with State the Agency's portion of the project cost; said portion is currently estimated to be $241,000. Additional deposits may be required if actual cost is greater than estimated." Shall be revised to read... "4. Agency shall, prior to State's advertising for bid proposals, deposit with State the Agency's portion of construction cost; said portion is currently estimated to be $180,000. Additional deposits may be required if actual cost is greater than estimated." Agency shall enter into and execute this agreement during a duly authorized session of its City Council. IN WITNESS WHEREOF, the parties hereto have set their hands and affixed their seals as of the day and year hereinafter written. A1291002 SUPPLEMENT CONTRACT NO. 10471 CITY OF WOODBURN This project was approved by the Oregon Transportation Commission on October 17, 1990 at which time the State Highway Engineer was authorized to sign the necessary agreements for and on behalf of the Commission. Said authority is set forth in the Minutes of the Oregon Transportation Commission. By STATE OF OREGON, by and through its Department of Transportation, Highway Division APPROVAL RECOMMENDED Region Engineer By State Highway Engineer APPROVED AS TO LEGAL SUFFICIENCY Date By Assistant Attorney General Date WOODBURN, by and Ci ty Off' cials By APPROVED AS TO LE~~FFICIEN5\Y /?~ By f !~~__ City Attorney Date -X - 2 f - '7 ( Ma:;; ~ .J. By ~C. ~~I Ci ty' RE!Oorder Date March 27, 1991 b~~ A1291002