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05-085 STA Cooperative Funding - Barker & Mission Intersection • • W • After Recording, please return document to Christine Bainbridge, City Clerk City of Spokane Valley 11707 E. Sprague Avenue Spokane Valley, WA 99216 Cooperative Funding Interlocal Agreement 1) Agency: City of Spokane Valley 2) Contact Person: Steve Worley, Senior Engineer. Capital Projects 3) Telephone: 509-921 - 1000 4) Fax: 509-921-1008 5) Address: 11707 E. Sprague Avenue, #106 Spokane Valley, WA 99206 6) Project Description: Construct a concrete intersection at Barker Road and Mission Avenue 7) Project Costs: PE: S 18.300 RW: $ CE: $ 0 Construction $228,360 Total Cost: $246.660 8) Project Revenues by Source: STA Cooperative Grant 5117,000 Spokane Valley $ 129,660 TOTAL REVENUE: $246.660 • • • �1111111111111 C05-85 Page 2 of 2 9) Project Construction Year: 2006 10) Fund Demand: Anticipated date(s) of reimbursement: Request: July 30, 2006 Amount: $ 8,700 November 30, 2006 $108,300 STA will pay after the work has been completed and certified by the respective agency's engineer. Billing should be limited to a single reimbursement request or$117,000 (total award)or may be requested for completion of each phase. • This agreement is entered into this 12th day of July, 2005 between Spokane Transit(STA) and Spokane Valley in an amount not to exceed $117,000 or 47.4 percent of the project total, whichever is less. Spokane Valley agrees to follow all local, state and federal � 1 requirements for the project and certify same to STA upon project closeout. All projects are subject to prior STA approval of final design and location. By: :e: i/`��!/11� e Susan Mey r, Chief Execute e - icer David Mercier Agency: City of Spokane Valley Date: Its: City Manager Date: 7/1 3 IP S rTh