Agreement - Transpo - Bus Shelters

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JOINT PROJECT AGREEMENT BETWEEN THE CITY OF SOUTH BEND AND TRANSPO (BUS SHELTERS AND TECHNOLOGY INITIATIVE) THIS JOINT PROJECT AGREEMENT (the "Agreement") is made and entered into as of this 21 st day of December, 2017, by and between the CITY OF SOUTH BEND, INDIANA, a municipal corporation organized and operating under the laws of the State of Indiana, acting by and through the Board of Public Works (collectively, the "City" or the "Board") and SOUTH BEND PUBLIC TRANSPORTATION CORPORATION ("Transpo"), a political subdivision operating and existing under the laws of the State of Indiana. RECITALS WHEREAS, the City and Transpo mutually agree that improved bus shelters and technology will be of benefit to the citizens of the City who utilize the public transit system (the "Transit System") operated and managed by Transpo; and WHEREAS, Transpo is the recipient of certain federal funding (the "Federal Grant") to be used in the acquisition and installation of up to seventeen (17) bus shelters (the "Bus Shelters") in certain locations within the City, as more particularly described on Exhibit A attached hereto, in accordance with the provisions of the Federal Grant which are incorporated herein by reference; and WHEREAS, the design of the Bus Shelters has been agreed upon by the City and Transpo in accordance with the specifications described on Exhibit B attached hereto; and WHEREAS, the City desires to contribute a local match towards the acquisition and installation of the Bus Shelters in order to assist Transpo in leveraging the Federal Grant for the benefit of the City and its residents; and WHEREAS, the City also desires to provide funds to Transpo for the implementation of a technology initiative (the "Technology Initiative") which will improve the overall administration and management of the Transit System for the benefit of the City and its residents who utilize the Transit System; and WHEREAS, the City believes that the actions contemplated by this Agreement are in the best interests of the health, safety and welfare of the City and its residents and that such actions comply with the public purposes and applicable provisions of state and local law; and NOW THEREFORE, for and in consideration of the mutual covenants and promises contained herein, the City and Transpo hereby agree as follows: Signature Page to Joint Project Agreement (Bus Shelters and Technology Initiative)