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08-072 - RTOWN OF PROSPER, TEXAS RESOLUTION NO. 08-072 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS, HEREBY AUTHORIZING THE TOWN MANAGER OF THE TOWN OF PROSPER, TEXAS, TO EXECUTE AN INTERLOCAL COOPERATIVE AGREEMENT REGARDING THE CONSTRUCTION OF VARIOUS TURN LANES AT THE NORTHWEST CORNER OF US HIGHWAY 380 AND FM 2478, CUSTER ROAD (FM 2478) FROM STONEBRIDGE DRIVE TO US 380 IMPROVEMENTS, BY AND BETWEEN THE CITY OF MCKINNEY AND THE TOWN OF PROSPER. NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS: SECTION 1: The Town Manager of the Town of Prosper, Texas, is hereby authorized to execute, on behalf of the Town Council of the Town of Prosper, Texas, an Interlocal Cooperative Agreement regarding the construction of various turn lanes at the northwest corner of US Highway 380 and FM 2478, Custer Road (FM 2478) from Stonebridge Drive to US 380 Improvements, by and between the City of McKinney and the Town of Prosper, as hereto attached. SECTION 2: This Resolution shall take effect immediately upon its passage. RESOLVED THIS THE 26h day of August, 2008. ATTEST TO: D. Denton, TRMC cretary ar es iliwanger, ayor tt%%j111111// eee� O F P/� ��oe® 'ZI O ; •• �® ® Ke e • m o o 00 ®®®�®" �E a AS 0®ee� INTERLOCAL COOPERATIVE AGREEMENT BETWEEN THE CITY OF McIUNNEY AND THE TOWN OF PROPSER CONCERNING THE CONSTRUCTION OF VARIOUS TURNS LANES AT THE NORTHWEST CORNER OF US HIGHWAY 380 AND FM 2478, CUSTER ROAD (FM 2478) FROM STONEBRIDGE DRIVE TO US 380 IMPROVEMENTS WHEREAS, the City of McKinney, Texas ("City") and the Town of Prosper, Texas ("Town") desire to enter into an agreement concerning the construction of improvements to Custer Road (FM 2478) in McKinney, Collin County, Texas; and WHEREAS, the Interlocal Cooperation Act (Texas Government Code Chapter 791) authorizes any local government to contract with one or more local governments to perform governmental functions and services under the terms of the Act; and WHEREAS, the City and Town have determined that the improvements may be constructed most economically by implementing this agreement, NOW, THEREFORE, this agreement is made and entered into by the City and the Town upon and for the mutual consideration stated herein. WITNESSETH: ARTICLE I. The City shall arrange with TxDOT to construct improvements to FM 2478 and US 380. The improvements include the construction bf a left turn lane from northbound FM 2478 immediately north of US 3 80 and the reconstruction of a left turn lane from eastbound US 380 immediately west of FM 2478 ("Project"). ARTICLE II. The City estimates the total actual cost of the Project to be $110,000. The Town agrees to fund all costs associated with the construction of this Project.. The Town shall remit 100 percent of this amount ($110,000) to the City as necessary to meet the funding schedule requirements of the Texas Department of Transportation ("TxDOT"). The cost of the Project shall include the costs for construction, inspection, and testing as determined by the Texas Department of Transportation ("TxDOT"). ARTICLE III. If the total cost to construct the Project exceeds the amount estimated in Article II above, the Town shall bear the excess costs. ARTICLE IV. The City shall include a copy of the Local Participation Advanced Funding Agreement between the City of McKinney and TxDOT indicating the funds required by TxDOT for the turn lanes. ARTICLE V. The City and Town agree that the party paying for the performance of governmental functions or services shall make those payments only from current revenues legally available to the paying party. ARTICLE VI. INDEMNIFICATION. TO THE EXTENT ALLOWED BY LAW, EACH PARTY AGREES TO RELEASE, DEFEND, INDEMNIFY, AND HOLD HARMLESS THE OTHER (AND ITS OFFICERS, AGENTS, AND EMPLOYEES) FROM AND AGAINST ALL CLAIMS OR CAUSES OF ACTION FOR INJURIES (INCLUDING DEATH), PROPERTY DAMAGES (INCLUDING LOSS OF USE), AND ANY OTHER LOSSES, DEMANDS, SUITS, JUDGMENTS, AND COSTS, INCLUDING REASONABLE ATTORNEYS' FEES AND EXPENSES, IN ANY WAY ARISING OUT OF, RELATED TO, OR RESULTING FROM ITS PERFORMANCE UNDER THIS AGREEMENT, OR CAUSED BY ITS NEGLIGENT ACTS OR OMISSIONS (OR THOSE OF ITS RESPECTIVE OFFICERS, AGENTS, EMPLOYEES, OR ANY OTHER THIRD PARTIES FOR WHOM IT IS LEGALLY RESPONSIBLE) IN CONNECTION WITH PERFORMING THIS AGREEMENT. ARTICLE VII. VENUE. The laws of the State of Texas shall govern the interpretation, validity, performance and enforcement of this agreement. The parties agree that this agreement is performable in Collin County, Texas, and that exclusive venue shall lie in Collin County, Texas. ARTICLE VIII. SEVERABILITY. The provisions of this agreement are severable. If any paragraph, section, subdivision, sentence, clause, or phrase of this agreement is for any reason held by a court of competent jurisdiction to be contrary to law or contrary to any rule or regulation having the force and effect of the law, the remaining portions of the agreement shall be enforced as if the invalid provision had never been included. ARTICLE IX. ENTIRE AGREEMENT. This agreement embodies the entire agreement between the parties and may only be modified in a writing executed by both parties. ARTICLE X. SUCCESSORS AND ASSIGNS. This agreement shall be binding upon the parties hereto, their successors, heirs, personal representatives and assigns. Neither party will assign or transfer an interest in this agreement without the written consent of the other party. ARTICLE XI. IMMUNITY. It is expressly understood and agreed that, in the execution of this agreement, neither party waives, nor shall be deemed hereby to have waived any immunity or defense that would otherwise be available to it against claims arising in the exercise of governmental powers and functions. By entering into this agreement, the parties do not create any obligations, express or implied, other than those set forth herein, and this agreement shall not create any rights in parties not signatories hereto. ARTICLE XH. TERM. This agreement shall be effective upon execution by both parties and shall continue in effect for three (3) one-year terms. This agreement shall automatically renew annually during this three-year period. Title: City Secretary Date: a ®� m a e <® APPROVED AS TO FORK °0"4jole®eeae%Opt m OF: bf e• +• ; M e°ee• � oeeo• ` a ooeoeaeoe °\4 �//////IIIle11\1\\\•° CITY OF MeK' S By:� by Rick Chaffin, Assistant City Name: Frank Ragan Manager and authorized signatory Title Ci . Manager Date: g-// . ° j Executed on behalf of the City of McKinney pursuant to City Council Resolution No. Name Mark Houser Title: City Attorney Date: 9 l /6 ATTEST: TOWN OF PR PER, TEXAS By: Name: Matthew D. Denton, TRMC Name: Mike Land Title: Town Secretary Date: efl° - 061f APPROVED AS TO FORM: By: 4t, - Name rC E . 6W(WO Title: Town Attorney Date: eekw 1k Wo Title: City Manager Date: eF52 ir/w Executed on behalf of the Town of Prosper pursuant to Town Council Resolution No. 018 - 0 9oL . STATE OF TEXAS COUNTY OF CO��LLINN This instrumentwas acknowledged before me on the // day of , 2008 by Frank Ragan, City Manager of the City of McKinney, a Texas municipal corporation, on behalf of the corporation. . Notary Pultic, State of Texas STATE OF TEXAS COUNTY OF COLLIN This instrument was acknowledged before me on the 2-to day of S , 2008 by Mike Land, Town Manager of the Town of Prosper, a Texas municipal corporation, on behalf of the corporation. +W""� PAMELA A EVANS Notary Public, State of Texas n My Commission Expires •, �'a','►fo�i��a`� March 30, 2011 a" �unu Notary Public, State of Texas