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HomeMy WebLinkAboutExhibit 1AMENDMENT ONE TO LOCALLY FUNDED AGREEMENT BETWEEN THE STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION AND THE CITY OF MIAMI NE 9TH, 10TH AND 11TH STREETS, FROM NE 2N13 AVENUE TO BISCAYNE BLVD. This Amendment One to the Locally Funded Agreement, dated December 10, 2004 (the "Contract"), attached hereto and incorporated herein by reference as Exhibit'V, between the City of Miami, a municipal corporation of the State of Florida ("CITY"), and the State of Florida Department of Transportation, a component agency of the State of Florida ("DEPARTMENT"), for the Biscayne Boulevard Cross Streets Conversion Project, programmed under Financial Project Number 249835-2-52-02 ("PROJECT"), is entered into this day of , 2005. RECITALS: WHEREAS, the Contract was entered into by both parties pursuant to the approval of the DEPARTMENT and of the CITY Commission by Resolution No. 04-0691, adopted on October 28, 2004, in the total amount of Ninety Thousand Dollars ($90,000) for the construction of the PROJECT; and WHEREAS, it is necessary to increase the total contract amount by Twenty Thousand Five Hundred Ninety -Five Dollars ($20,595) to provide additional dollars needed to accommodate the low bid of One Hundred Three Thousand Ninety -Five Dollars ($103,095) for the PROJECT, as well as, an additional contingency to be held by the CITY in the amount of Seven Thousand Five Hundred Dollars ($7,500) should future need arise due to PROJECT cost overruns; and WHEREAS, the CITY Commission has adopted Resolution No. on , 2005, to approve the increase in the total contract amount from $90,000 to $110,595; NOW, THEREFORE, for the considerations hereinafter set forth: The Agreement dated December 10, 2004, is hereby amended as follows: Financial Provisions and EXHIBIT "A" shall be increased by an amount not to exceed Twenty Thousand Five Hundred Ninety -Five Dollars ($20,595) to the new sum of One Hundred Ten Thousand Five Hundred Ninety -Five Dollars and ($110,595). All other terms and conditions of the Contract are in effect and remain unchanged. CITY OF MIAMI: STATE OF FLORIDA, DEPARTMENT OF TRANSPORTATION: By: By: Joe Arriola, City Manager District Secretary ATTEST: ATTEST: (SEAL) (SEAL) By: By: Priscilla A. Thompson, City Clerk Executive Secretary APPROVED AS TO LEGAL FORM AND LEGAL REVIEW: CORRECTNESS: By: By: Jorge L. Fernandez, City Attorney District General Counsel APPROVED AS TO INSURANCE REQUIREMENTS: By: Dania Carrillo, Risk Management Administrator Amendment One to Locally Funded Agreement between Florida Department of Transportation and City of Miami, Financial Project #249835-2-52-02 Page 1 of 2 W5k /9 # Gad o /c' EXHIBIT "1" LOCALLY FUNDED AGREEMENT, DATED DECEMBER 10, 2004, BETWEEN THE STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION AND THE CITY OF MIAMI Attached hereto and incorporated herein by reference. Amendment One to Locally Funded Agreement between Florida Department of Transportation and City of Miami, Financial Project #249835-2-52-02 Page 2 of 2