TIC 2019-11-19 Item 2A - Agreement - 2020 Transportation Demand Management with King County Metro

Browse Search

1. PURPOSE OF AGREEMENT The purpose of this Agreement is to establish a mutually beneficial arrangement between the City and the County that will help both Parties realize their respective TDM objectives. This Agreement also creates a mechanism to allow the County to reimburse the City for costs incurred to perform the tasks and implement the programs described in the Scope of Work ("SOW"), as set forth in Exhibit A, which is attached and incorporated herein. In consideration of the City's performance of the tasks and responsibilities set forth in the SOW, the County will provide the City up to $75,000 in grant funds. 2. AGREEMENT TERM AND MODIFICATIONS This Agreement shall be effective upon signature by both Parties, and shall remain in effect unless otherwise terminated through November 30, 2020. If mutually agreed, the Agreement may be extended by written amendment for up to an additional two (2) years. Exhibits and attachments may be modified at that time as mutually agreed by the Parties. Any extension shall be made in writing in accordance with Section 14 of the Agreement. The County will enter into or extend this Agreement only on the condition that all City accounts with the County are current. 3. CITY' S RESPONSIBILITIES The City shall furnish the necessary personnel, equipment, material and/or services and otherwise do all things necessary for or incidental to the performance of the work required as related to program performance associated with the SOW in Exhibit A. The program tasks, timelines and budget are stated in Exhibit A. 4. COUNTY'S RESPONSIBILITIES The County will reimburse the City for actual costs incurred to satisfactorily perform the tasks and implement the Program as provided for in the SOW. In no event shall the total reimbursement made by the County to the City for work performed pursuant to this Agreement exceed $75,000 (the "Reimbursement Cap"). 5. INVOICE AND PAYMENT PROCEDURES The City shall submit completed invoice(s) to the County detailing expenses, quarterly activities, outcomes and metrics within thirty (30) calendar days following each quarter's end and by December 15, 2020. The County shall pay the City within fifteen (15) calendar days after the County has received completed invoices. In no event will the total amount of the initial investment and quarterly payments exceed the Reimbursement Cap specified at Section 4 of this Agreement without the Parties mutually agreeing to amend this Agreement in accordance with Section 14 of the Agreement.