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R93-78 AUTHORIZING THE EXECUTION OF AMENDMENT TO AGREEMENT
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R93-78 AUTHORIZING THE EXECUTION OF AMENDMENT TO AGREEMENT
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7/18/2016 10:45:52 AM
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7/18/2016 10:45:52 AM
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Resolution/Ordinance
Res Ord Num
R93-78
Res Ord Title
AUTHORIZING THE EXECUTION OF AMENDMENT TO AGREEMENT WITH THE STATE OF ILLINOIS, DEPARTMENT OF TRANSPORTATION FOR MASS TRANSIT CAPITAL GRANT
Approved Date
6/1/1993
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f �.; . , . . _ <br /> � .a . 9 � - �� <br /> .. <br /> � <br /> AMENDMENT N0. 4 <br /> TO AN AGREEMENT BETWEEN <br /> THE STATE OF ILLINOIS DEPARTMENT OF TRANSPORTATION <br /> AND <br /> THE CITY OF DECATUR <br /> (Contract No. 1353) <br /> PROJECT CAP-87-303-FED <br /> This Amendment No. 4 to an Agreement dated April 16, 1987 <br /> between the State of Illinois, Department of Transportation and <br /> the City of Decatur is made and entered into by and between the <br /> parties thereto. In consideration of the mutual covenants <br /> contained herein and in such Agreement the Parties agree as <br /> follows: <br /> 1. To amend Part I - "MASS TRANSPORTATION CAPITAL GRANT <br /> AGREEMENT" by deleting ITEM 2 and replacing it with <br /> the following <br /> ITEM 2 - AMOUNT OF GRANT <br /> The Department agrees to make a Grant in an amount <br /> equal to $498,657 or 20 percent of the total project <br /> cost, whichever is less. The total state share <br /> shall be determined by the Department after <br /> completion of the Pro�ect. The Department at its <br /> sole discretion may agree to increase the amount of <br /> the grant in excess of the amount specified herein <br /> in the event that the amount of the federal grant <br /> made in connection with this project is subsequently <br /> increased, but in no event shall the total amount <br /> provided by the Department under this Agreement or <br /> any subsequent Amendment to this Agreement exceed 20 <br /> percent of the total pro�ect cost. No liability <br /> sha11 be incurred by the State in excess of the <br /> amount of the Grant. <br /> 2. To amend Part I- "MASS TRANSPORTATION CAPITAL GRANT <br /> AGREEMENT" by deleting ITEM 1 and replacing it with <br /> the following: <br /> ITEM I - "THE PROJECT" <br /> The grantee agrees to undertake and <br /> complete the Project and to provide for the use of <br /> Project facilities and equipment as described in the <br /> grantee's final application approved by the <br /> Department, as specified by the approved Pro�ect <br /> Budget and in accordance with this Agreement and all <br /> applicable laws. <br />
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