Laserfiche WebLink
<br /> <br />Page 2 of 20 <br />WHEREAS, the Original Agreement has expired and terminated pursuant to its express <br />terms, except to the extent certain perpetual obligations remain in effect, yet an amendment to the <br />Original Agreement was not timely executed prior to the expiration of the Original Agreement to <br />account for changes made to the Associated Work; and <br /> <br /> WHEREAS, it is in the mutual interest of the Parties to have a contract outlining the <br />express terms of their agreements; and <br /> <br /> NOW THEREFORE, in consideration of the premises and the mutually dependent <br />covenants herein contained, the PARTIES hereto agree as follows: <br /> <br />ARTICLE I. PURPOSE AND TERM <br /> <br />1.1. Recitals. The Recitals recorded above are incorporated by reference into this Agreement. <br />All captions, section headings, paragraph titles and similar items are provided for the purpose of <br />reference and convenience and are not intended to be inclusive, definitive or to affect the <br />Interpretation of this Agreement. <br /> <br />1.2. Purpose. The purpose of this Agreement is to define the respective roles and <br />responsibilities of the PARTIES for the construction, installation, funding and maintenance of the <br />Associated Work and their improvements and facilities made or installed as part of the Project. <br />This Agreement amends and replaces any unexpired terms of the Original Agreement in EDS No. <br />A249-20-ON190127. <br /> <br />1.3. No Transfer of Real Property Interest. To comply with Indiana law regarding the sale <br />of real estate, the PARTIES agree that no title to any real estate held in the name of either Party is <br />to be transferred by way of this Agreement including, without limitation, any real property <br />underneath existing pavement and the accompanying right of way, as described in the land records <br />of St. Joseph County, Indiana. <br /> <br />1.3. Term. This Agreement shall be effective beginning on the date approved as to form and <br />legality by the Office of the Indiana Attorney General (the "Effective Date"), and except for future <br />maintenance responsibilities under Section 3.3 of this agreement and any accompanying financial <br />responsibilities, this Agreement shall expire five (5) years after the Effective Date, or upon <br />completion of final audit of the Project by INDOT, whichever occurs first. This Agreement may <br />be renewed or extended under the same terms and conditions subject to the approval of all signing <br />PARTIES, as provided under Section 4.39 herein. Maintenance responsibilities under Section 3.3, <br />and all financial responsibilities related to these maintenance responsibilities including but not <br />limited to the terms of Section 4.22, shall survive the expiration of the Agreement and shall <br />continue in perpetuity. <br /> <br />1.4. Definition of Project. The Project consists of the pavement replacement project being <br />undertaken by INDOT along US 31 from the Toll Road to the Michigan State border in the CITY. <br /> <br />1.5. Definition of Associated Work. The Associated Work will consist of a pavement <br />replacement project from Ameritech Drive to the pavement joint to the west of the US 31