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R96-167 AUTHORIZING AN AMENDED AGREEMENT
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R96-167 AUTHORIZING AN AMENDED AGREEMENT
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4/29/2016 4:18:37 PM
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4/29/2016 4:18:36 PM
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Resolution/Ordinance
Res Ord Num
R96-167
Res Ord Title
AUTHORIZING AN AMENDED AGREEMENT WITH THE STATE OF ILLINOIS DEPARTMENT OF TRANSPORTATION FOR A MASS TRANSIT CAPITAL ASSISTANCE GRANT
Approved Date
12/2/1996
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AMENDMENT NO. 2 TO A <br /> STATE/FEDERAL CAPITAL GRANT AGREEMENT <br /> BETWEEN <br /> THE STATE OF ILLINOIS <br /> DEPARTMENT OF TRANSPORTATION <br /> DIVISION OF PUBLIC TRANSPORTATION <br /> AND <br /> THE CITY OF DECATUR <br /> CONTRACT NUMBER: 1807 <br /> STATE GRANT NUMBER: CAP-92-404-FED <br /> FEDERAL GRANT NUMBER: IL-03-0160 <br /> This Amendment No. 2 to an Agreement, as amended, dated February 27, 1992, between the <br /> State of Illinois, Department of Transportation, Division of Public Transportation and the <br /> CitX of Decatur, is made and entered into by and between the parties thereto. In consideration <br /> of the mutual covenants contained herein and in such Agreement, the Parties agree as follows: <br /> 1. To amend Part I of the "Mass Transportation Capital Grant Agreement" by deleting <br /> paragraph 1 of ITEM 2 and replacing it with the following: <br /> ITEM 2 - AMOUNT OF GRANT <br /> The Department agrees to make a Grant in an amount equal to $1.794,124.46, or 100 <br /> percent of the actual total project cost, whichever is less. The actual project cost shall <br /> be determined by the Department after completion of the project. No liability shall be <br /> incurred by the State in excess of the amount of the Grant. <br /> The Approved Project Budget is shown in Exhibit B, attached to and incorporated into this <br /> Agreement. <br /> 2. To amend Part I of the "Mass Transportation Capital Grant Agreement" by deleting <br /> paragraph 1 of ITEM 4 and replacing it with the following: <br /> ITEM 4 - ILLINOIS GRANT FUNDS RECOVERY ACT <br /> This Grant is subject to the Illinois Grant Funds Recovery Act, Public Act No. 83-640. <br /> This Grant is valid until January 1. 1997, and grant funds are available to Grantee and <br /> may be expended by Grantee until said date unless the Department, at its discretion, <br /> grants an extension of time. Any grant funds which are not expended or legally <br /> obligated by the Grantee at the end of the grant agreement or by the expiration of the <br /> period of time grant funds are available for expenditure or obligation, whichever is <br /> earlier, shall be returned to the Department within 45 days. Project closeout shall be in <br /> accordance with Item 110 of this Agreement. <br />
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