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HomeMy WebLinkAboutILA - Port of Pasco - Amendment No. 3 to Argent Road Project Phase 3 Interlocal (20010)CitynJ ME vsScoPUBLIC FORKS DEPARTMENT (509) 544-4135 PO Box 293/525 North 3ra Ave. Pasco, WA 9930l/www.pasco-`va.gov Memo To: Adam Lincoln From: Dustin Wittman on behalf of Jacob Sevigny Date: 1.23.2023 Project: 20010 — Argent Road Widening Phase 3 ILA AMENDMENT #3 The cost of this Agreement is: SO. This Amendment #3 to the Interlocal Agreement between the Port of Pasco and the City of Pasco was approved by City Council for execution with Resolution 4275 on November 21.2022. This amendment was pending signature by the Port of Pasco who were in turn awaiting approval from the Federal Aviation Administration. b Legal has reviewed this Agreement: FX-1 Yes ❑ No ❑ NA. AMENDMENT NO. 3 TO INTERLOCAL AGREEMENT BETWEEN THE PORT OF PASCO AND THE CITY OF PASCO RELATING TO THE ARGENT ROAD PROJECT THIS AMENDMENT TO INTERLOCAL AGREEMENT BETWEEN THE PORT OF PASCO AND THE CITY OF PASCO FOR THE ARGENT ROAD PROJECT ("Amendment") is made this 23rd day of January, 2023, by and between the CITY OF PASCO, a municipal corporation, hereinafter called "City," and the PORT OF PASCO, a municipal corporation, hereinafter called "the Port." WHEREAS the City and the Port entered into an Interlocal Agreement for the Argent Road Project, Phase 1, No. 12001 on the 21st day of February 2020 (the "Agreement"); and WHEREAS the City and the Port entered into Amendment No. 1 to provide for payment in full by the Port prior to the completion of the project Interlocal Agreement for the Argent Road Project, Phase 1, No. 12001 on the 8th day of October 2020 (the "Agreement"); and WHEREAS the City and the Port also entered into Amendment No. 1 to adjust the donated right-of-way to the Project for the benefit of the Airport to include right-of-way with a fair market value of $11,205 (0.147 Acres at $76,230/Acre), which donation is in addition to the committed funds of $1,500.000; and WHEREAS the City and the Port entered into Amendment No. 2 to extend the ILA between the Port and the City through the completion of all phases of the Argent Road project, modifying subsection 3 TERM of the Agreement as follows: "and all improvements, conveyances and obligations of the parties for Phases 1— 3 of the Project shall be complete on or before December 31, 2024." NOW, THEREFORE; IT IS AGREED between the City and the Port that hereto desire to modify the Agreement in order to adjust the donated right-of-way to the Project for the benefit of the Airport to include right-of-way with a fair market value of $65,558 (0.86 Acres as $76,230/Acre). This donation is in addition to the committed funds of $1,500,000. IT IS FURTHER AGREED between the City and the Port that all other terms and provisions of the Agreement shall remain unchanged, except as expressly modified by this Amendment. IN WITNESS WHEREOF, the parties hereto have hereunto set their hands the day written below. Date: -2`{ /zo -L-- Date: Jan 23, 2023 City of Pasco Adam Lincoln, Interim City Manager Attest: P Barham, City Clerk Approved as to form: Port of Pasco Randy H de , Executive Director kttorney