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Washington State transportation Improvement Board 8-1-138(035)4 4 <br /> Fuel Tax Grant Agreement <br /> City of Everett AGENCY <br /> 8-1-138(035)-1 <br /> Rucker Avenue <br /> Pacific Avenue to Everett Avenue (SR 529) <br /> STATE OF WASHINGTON <br /> TRANSPORTATION IMPROVEMENT BOARD <br /> AND <br /> City of Everett <br /> AGREEMENT <br /> THIS GRANT AGREEMENT (hereinafter "Agreement") for the Rucker Avenue, Pacific Avenue <br /> to Everett Avenue (SR 529) (hereinafter"Project") is entered into by the WASHINGTON STATE <br /> TRANSPORTATION IMPROVEMENT BOARD (hereinafter"TIB") and City of Everett, a political <br /> subdivision of the State of Washington (hereinafter"RECIPIENT"). <br /> 1.0 PURPOSE <br /> TIB hereby grants funds in the amount of$4,103,982 for the project specified above, pursuant <br /> to terms contained in the RECIPIENT'S Grant Application, supporting documentation, chapter <br /> 47.26 RCW, title 479 WAC, and the terms and conditions listed below. <br /> 2.0 SCOPE AND BUDGET <br /> The Project Scope and Budget are initially described in RECIPIENT's Grant Application and <br /> incorporated by reference into this Agreement. Scope and Budget will be further developed and <br /> refined, but not substantially altered during the Design, Bid Authorization and Construction <br /> Phases. Any material alterations to the original Project Scope or Budget as initially described in <br /> the Grant Application must be authorized by TIB in advance by written amendment. <br /> 3.0 PROJECT DOCUMENTATION <br /> TIB requires RECIPIENT to make reasonable progress and submit timely Project <br /> documentation as applicable throughout the Project. Upon RECIPIENT's submission of each <br /> Project document to TIB, the terms contained in the document-will be incorporated by reference <br /> into the Agreement. Required documents include, but are not limited to the following: <br /> a) Project Funding Status Form <br /> b) Bid Authorization Form with plans and engineers estimate <br /> c) Award Updated Cost Estimate <br /> d) Bid Tabulations <br /> e) Contract Completion Updated Cost Estimate with final summary of quantities <br /> f) Project Accounting History <br /> 4.0 BILLING AND PAYMENT <br /> The local agency shall submit progress billings as project costs are incurred to enable TIB to <br /> maintain accurate budgeting and fund management. Payment t I que`ts may be submitted as <br /> d1te.1 as the RECIPIENT deems necessary, but shalt be submit.ed at !east quarterly it billabl., <br /> Fuel Tax Acreement age I `,f,5 :'n;e.,ibcr-012 <br />