2008-098s:\our documents\ordinances\OS\dcta interlocal agreement downtown transit center.doc
ORDINANCE NO. o~~~~f'- D7 Z3
AN ORDINANCE OF THE CITY OF DENTON, TEXAS, APPROVING AN INTERLOCAL
AGREEMENT BETWEEN THE CITY OF DENTON AND THE DENTON COUNTY
TRANSPORTATION AUTHORITY (DCTA) FOR THE CONSTRUCTION AND PURCHASE OF
THE DOWNTOWN DENTON TRANSIT CENTER; AND DECLARING AN EFFECTIVE DATE.
WHEREAS, Denton was apportioned federal transportation dollars in the amount of $3,109,690
pursuant to a 5309 Grant number TX-03-0293-00 in 2004 for the development of a Downtown Denton
Transit Center; and
WHEREAS, Denton owns the real property and improvements located at 604 E. Hickory,
Denton, Texas 76205 and being further described in Exhibit "A" (the "Land") on which Denton intends to
construct the Downtown Denton Transit Center (hereinafer defined); and
WHEREAS, the development of the Downtown Denton Transit Center will enhance the DCTA
public transit system and provide a safe and secure place to make transit connections; and
WHEREAS, Denton desires to design and construct the Downtown Denton Transit Center for the
benefit of the DCTA and Denton and to transfer ownership thereof upon Completion of Construction
(hereinafter defined) thereof following the closing of the federal 5309 Grant; and
WHEREAS, DCTA intends to assist Denton with the management of the 5309 Grant submittal
including milestone updates and grant reimbursements through the TEAM and ECHO systems; and
WHEREAS, DCTA desires to purchase the Downtown Denton Transit Center pursuant to the
terms of this Agreement and
WHEREAS, the estimated cost of the design and construction of the Downtown Denton Transit
Center is $3,887,113 with $3,109,690 of such costs expected to be paid by the federal funding 5309 Grant
with Denton advancing its local share in the amount of $777,423; and
WHEREAS, DCTA intends as consideration for the transfer of the Downtown Denton Transit
Center to reimburse Denton up to $777,423 of its local share expenditures upon Completion of
Construction and closing of the 5309 Grant as provided herein; and
WHEREAS, DCTA has agreed that it shall within five (5) business days after the Effective Dale
deliver to Denton the sum of $388,712 (the "Earnest Money"); and
WHEREAS, Denton is authorized by Section 380.001 TEX. LOC. GOV"t COOS to provide
economic development incentives to support the expansion of local business activity, employment, public
transportation and development; and
s:\our documents\ordinances\Oa\dcta interlocal agreement downtown transit center.doc
WHEREAS, public transportation is essential for the attraction of new business to Denton and
will promote economic development, stimulate commercial activity, generate additional sales tax and will
enhance the tax base and economic vitality of Denton; and
WHEREAS, Denton has adopted programs for promoting economic development and the
economic development grant as set forth herein is given and provided by Denton pursuant to and in
accordance with those programs; and
WHEREAS, Denton is authorized by Article II, Section 52-a of the Texas Constitution and Tsx.
LOC. GOVT CODE §380.001 to provide economic development grants to promote local economic
development and to stimulate business and commercial activity in Denton; and
WHEREAS, the Act authorizes Denton and the DCTA to enter into this Agreement for the
purpose of achieving the governmental functions provided for herein by this collective, cooperative
undertaking;
THE COUNCIL OF THE CITY OF DENTON DEREBY ORDAINS:
SECTION 1. The City Council hereby approves an Interlocal Cooperation Agreement between
the City of Denton and DCTA for the construction and purchase of the Downtown Denton Transit Center,
a copy of which is attached hereto and incorporated by reference herein.
SECTION 2: This Ordinance shall become effective immediately upon its passage and approval.
PASSED AND APPROVED this the ~d ` day of , 2008.
~7
PERRY R. McNE1LL, MAYOR
ATTEST:
JENNIFER WALTER, CITY SECRETARY
BY: W
APPROVED AS TO LEGAL FORM:
EDWIN M. SNYDER, CITY ATTORNEY
BY ~i-~~
fff//////"'
STATE OF TEXAS §
§ INTERLOCAL COOPERATION AGREEMENT
COUNTY OF DENTON §
This Interlocal Cooperation Agreement (the "Agreement") is made and entered into by
and between the City of Denton ("Denton") and the Denton County Transportation Authority,
("DCTA"), each organized and existing under the laws of the State of Texas, and acting by,
through and under the DCTA and their respective governing bodies and officials in accordance
with the "Interlocal Cooperation Act", Chapter 791 of the Texas GoveRNMeNT Cope (the
"Act"); and
RECITALS
WHEREAS, Denton was apportioned federal transportation dollars in the amount of
$3,109,690 pursuant to a 5309 Grant number TX-03-0293-00 in 2004 for the development of a
downtown Denton transit center; and
WHEREAS, Denton owns the real property and improvements located at 604 E.
Hickory, Denton, Texas 76205 and being further described in Exhibit "A" (the "Land") on which
Denton intends to construct the Downtown Denton Transit Center (hereinafter defined); and
WHEREAS, the development of the Downtown Denton Transit Center will enhance the
DCTA public transit system and provide a safe and secure place to make transit connections; and
WHEREAS, Denton desires to design and construct the Downtown Denton Transit
Center for the benefit of the DCTA and Denton and to transfer ownership thereof upon
Completion of Construction (hereinafter defined) thereof following the closing of the federal
5309 Grant; and
WHEREAS, DCTA intends to assist Denton with the management of the 5309 Grant
submittal including milestone updates and grant reimbursements through the TEAM and ECHO
systems; and
WHEREAS, DCTA desires to purchase the Downtown Denton Transit Center pursuant
to the terms of this Agreement; and
WHEREAS, the estimated cost of the design and construction of the Downtown Denton
Transit Center is $3,887,113 with $3,109,690 of such costs expected to be paid by the federal
funding 5309 Grant with Denton advancing its local share in the amount of $777,423; and
WHEREAS, DCTA intends as consideration for the transfer of the Downtown Denton
Transit Center to reimburse Denton up to $777,423 of its local share expenditures upon
Completion of Construction and closing of the 5309 Grant as provided herein; and
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WHEREAS, Denton is authorized by Section 380.001 Tex. LoC. Gov'T Cope to provide
economic development incentives to support the expansion of local business activity,
employment, public transportation and development; and
WHEREAS, public transportation is essential for the attraction of new business to
Denton and will promote economic development, stimulate commercial activity, generate
additional sales tax and will enhance the tax base and economic vitality of Denton; and
WHEREAS, Denton has adopted programs for promoting economic development and
the economic development grant as set forth herein is given and provided by Denton pursuant to
and in accordance with those programs; and
WHEREAS, Denton is authorized by Article II, Section 52-a of the Texas Constitution
and TEx. LOC. GOVT CODE §380.001 to provide economic development grants to promote local
economic development and to stimulate business and commercial activity in Denton; and
WHEREAS, the Act authorizes Denton and the DCTA to enter into this Agreement for
the purpose of achieving the govemmental functions provided for herein by this collective,
cooperative undertaking; and
NOW THEREFORE, for and in consideration of the premises and the mutual covenants
set forth in this Agreement, and other valuable consideration the receipt and sufficiency of which
are hereby acknowledged the parties agree as follows:
Article I
Definitions
For purposes of this Agreement, each of the following terms shall have the meaning set
forth herein unless the context clearly indicates otherwise.
"Approved Plans" mean the Plans as approved by the Parties.
"Assets" mean collectively the Land and the Downtown Denton Transit Center
improvements.
"Bill of Sale" means a bill of sale in a form reasonably acceptable to the DCTA
for the transfer of Downtown Denton Transit Center.
"Commencement of Construction" shall mean that (i) the Plans have been
prepared and all approvals thereof required by applicable governmental authorities have
been obtained for construction of the Downtown Denton Transit Center; (ii) all necessary
permits for the construction of the Downtown Denton Transit Center pursuant to the
Approved Plans therefore having been issued by all applicable governmental authorities;
and (iii) demolition and grading of the land for the construction of the Downtown Denton
Transit Center has commenced.
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"Completion of Construction" shall mean (i) the construction of the Downtown
Denton Transit Center has been substantially completed; (ii) a certificate of substantial
completion has been issued to the general contractor(s) and engineer(s)/architect(s) for
the Downtown Denton Transit Center, and a copy of such certificate has been delivered
to DCTA; (iii) Denton has issued a final inspection and certificate of occupancy for the
Downtown Denton Transit Center, as the case may be; and (iv) DCTA has accepted the
Downtown Denton Transit Center.
"Closing Date" means the later of: (i) Completion of Construction of the
Downtown Denton Transit Center; and (ii) FTA approval of the transfer of the Assets, or
other date mutually agreed to by the parties.
"DCTA" means the Denton County Transportation Authority acting by and
through its President.
"Denton" means the City of Denton, Texas acting by and through its City
Manager.
"Downtown Denton Transit Center" means a multi modal transit center to be
constructed as further described in Exhibit "B".
"Effective Date" shall mean the last date of execution hereof.
"Event of Force Majeure" shall mean any contingency or cause beyond the
reasonable control of a party including, without limitation, acts of God or the public enemy,
war, terrorist act, riot, civil commotion, insurrection, government action or inaction (unless
caused by the intentionally wrongful acts or omissions of the party), fires, earthquake,
tornado, humcane, explosions, floods, strikes, slowdowns or work stoppages.
"Expiration Date" shall mean the date the parties have fully satisfied their
respective obligations herein.
"Final Budget" means the budget for the costs of design and construction of the
Downtown Denton Transit Center approved by the parties.
"FTA" means the Federal Transit Administration of the United States Department
of Transportation.
"Grant" means an economic development grant in an amount equal to the
difference between the Appraisal and the sum of the Purchase Price and the Additional
Consideration, if any.
"Land" means the real property described in Exhibit "A".
"Permitted Exceptions" shall mean zoning, the lien for current taxes, the
environmental condition and any easements or restrictions of record.
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"Purchase Price" means the sum of $777,423 to be paid by DCTA to Denton at
Closing for the sale, transfer and conveyance of the Downtown Denton Transit Center as
set forth herein.
"Parties" means the DCTA and the City of Denton, Texas acting by and through
their authorized representatives.
"Plans" collectively mean the design and construction plans, building elevations,
architectural, landscaping, exterior and interior lighting plans, and exterior construction
materials for the Downtown Denton Transit Center to be approved by the parties as set
forth herein.
"Project" collectively means the Land, and the Downtown Denton Transit Center,
following construction thereof, together with parking and landscaping all as further
described in the submittals filed with Denton in order to obtain a building permit(s) from
time to time.
"Title Company" means a title company located within Denton County mutually
selected by the parties for the Closing of the transfer of the Assets.
Article II
Term
The term of this Agreement shall begin on the Effective Date and continue until the
Expiration Date, unless sooner terminated as provided herein.
Article III
Purpose
The purpose of this Agreement is to authorize Denton to design and construct the
Downtown Denton Transit Center and to transfer the same to DCTA upon the later of: (i)
Completion of Construction thereof; and (ii) FTA approval of the transfer of the Assets.
Article IV
Project Design and Construction
4.1 Plans. Denton agrees to solicit proposals for the necessary architectural and
engineering services for the design and construction of the Downtown Denton Transit Center on
or before April 1, 2008 and shall award contracts for such services to such firms as approved by
the DCTA on or before June 17, 2008. The solicitation for proposals for the architectural and
engineering services for the Downtown Denton Transit Center shall require the successful firms
to complete the respective design services on or before April 30, 2009. Denton agrees to cause
the necessary architectural and engineering design plans for the Downtown Denton Transit
Center to be complete on or before April 30, 2009.
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4.2 Construction. Denton shall solicit competitive bids for the construction of the
Downtown Denton Transit Center on or before May 29, 2009 and award a contract(s) to the
lowest responsible bidder for the construction of the Downtown Denton Transit Center on or
before June 30, 2009. The solicitation for proposals for the construction of the Downtown
Denton Transit Center shall require the successful firm(s) to complete construction thereof on or
before May 28, 2010. Denton shall, subject to events of Force Majeure, cause Commencement of
Construction of the Downtown Denton Transit Center to occur on or before July 31, 2009, and
subject to events of Force Majeure, cause Completion of Construction thereof on or before May
28, 2010. Denton shall deliver the Downtown Denton Transit Center to the DCTA for
operational occupancy on or before June 30, 2010.
4.3 Plan Approval. Parties shall have the right to approve the Plans prior to the
award of any contracts for the design and construction of the Downtown Denton Transit Center
(the "Approved Plans").
4.4 Project Costs. Uniess otherwise agreed by the parties in writing any costs for
the Project in excess of $3,887,113 shall be the sole responsibility of Denton, it being the
intention that the sole financial commitment and responsibility of DCTA shall be the
reimbursement of the local share of Denton not to exceed $777,423 which shall be the Purchase
Price for the transfer of Assets and any Additional Consideration as defined herein.
4.5 General Requirements For Desien and Construction.
(a) The Downtown Denton Transit center shall be constructed in accordance with the
Approved Plans.
(b) Denton shall comply with all federal, local and state laws and regulations regarding
the design and construction of the Downtown Denton Transit Center applicable to similar
facilities constructed by Denton, including but not limited to any applicable requirement relating
to payment, performance and maintenance bonds. Upon Completion of Construction Denton
shall provide the DCTA with a final cost summary of all costs associated with the design and
construction of the Downtown Denton Transit Center, and provide proof that all amounts owing
to contractors, subcontractors and suppliers have been paid in full evidenced by the customary
affidavits executed by the Denton and/or its contractors.
(c) Denton shall in connection with the construction of the Downtown Denton Transit
Center cause its contractors to provide such performance bonds, and payment bonds in forms
reasonably satisfactory to Denton for the construction of the Project to ensure Completion of
Construction of the Project.
(d) The design of the Downtown Denton Transit Center shall utilize the proposed rail
alignment as the anchor element of the design.
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Article V
Earnest Money
5.1 Earnest Monev. The DCTA shall within five (5) business days after the
Effective Date deliver to Denton the sum of $388,712 (the "Earnest Money").
Article VI
Project Transfer
6.1 Sale of Assets. For the consideration and upon and subject to the terms,
provisions and conditions hereinafter set forth herein, Denton agrees to sell and convey unto
DCTA, and DCTA agrees to purchase from Denton the Downtown Denton Transit Center and
the plans, specifications and warranties related to the Downtown Denton Transit Center.
6.2 Title, Survey, and Environmental Reports.
(a) Within at least forty-five (45) calendar days prior to the Closing, Denton, shall
deliver to DCTA:
(i) a current commitment for an Owner's Policy of Title Insurance for the
Land, from the Title Company setting forth the state of title to the Land together with any
easements or restrictions (existing or created pursuant hereto) benefiting the Land, together with
all exceptions or conditions to such title;
(ii) legible copies of all documents referenced in the Title Commitment;
(iii) a current Survey certified to DCTA and Title Denton; and
(iv) tax statements for current and prior years.
(b) DCTA shall, within twenty (20) business days after DCTA's receipt of the last of
the Survey and Title Commitment, notify Denton and Title Company of any objections to the
Survey or Title Commitment. If there are objections by DCTA, Denton shall in good faith
attempt to satisfy them prior to Closing, but Denton shall not be required to incur any cost to do
so. If Denton delivers written notice to DCTA within ten (10) business days after Denton's
receipt of DCTA's objections that Denton is unable to satisfy such objections, the DCTA may
either waive such objections and accept title as Denton is able to convey or terminate this
Agreement by written notice to Denton and the Title Company. If DCTA terminates this
Agreement pursuant to this Section neither the DCTA nor Denton shall have any further rights or
obligations hereunder.
6.3 Closing.
(a) The closing of the sale of the Assets shall occur between 9:00 a.m. and 1:00 p.m.
on the Closing Date therefore at the Title Company.
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(b) At the Closing, the Denton shall deliver to the Title Company: (i) a Special
Warranty Deed, in form and substance reasonably acceptable to Denton and DCTA, conveying
good and indefeasible title to the Land free and clear of any and all encumbrances, except the
Permitted Exceptions; (ii) the Bill of Sale conveying title to all improvements and facilities
comprising the Downtown Denton Transit Center to DCTA; (iii) a Texas owner's policy of title
insurance (or equivalent) in the amount of the fair market value of the Downtown Denton Transit
Center, insuring such title to the DCTA; (iv) possession of the Project, free of parties in
possession, and (iv) an assignment to DCTA of all warranties from the Demon's contractors,
subcontractors and suppliers providing labor and/or materials in connection with the design and
construction of the Downtown Denton Transit Center; such warranties shall: (a) be at least
standard industry warranties from generally recognized contractors, subcontractors and suppliers
with respect to the Project; and (b) obligate the Demon's contractors, subcontractors and
suppliers to repair all defects for a period of two (2) years following Completion of Construction.
(c) At the Closing, the DCTA shall deliver to Denton through the Title Company: (i)
the Purchase Price, less the Earnest Money and the Grant (if any), in cash or immediately
available funds.
6.4 Taxes. Ad valorem taxes, assessments, and any other charges against the Project
shall be prorated as of the Closing Date and become the responsibility of the DCTA as of the
Closing Date.
6.5 Closin¢ Costs.
(a) Denton hereby agrees to pay and be responsible for the following closing cost:
(i) the cost of all tax certificates relating to all taxes and other assessments
incurred or arising in relation to the Project;
(ii) one-half ('h) of the Title Company's escrow fees;
(iii) all costs and expenses incurred by or on behalf of Denton, including
Demon's attorney's fees; and
(iv) all fees for the Basic Owner's Title Policy; and
(v) such other incidental costs and fees customarily paid by Sellers of real
property in Denton County, Texas, for transactions of a similar nature to the transaction
contemplated herein.
(b) DCTA hereby agrees to pay and be responsible for the following closing costs:
(i) all fees and premiums for any endorsements to the Basic Owner's Title
Policy;
(ii) all fees and premiums for the Survey;
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(iii) one-half (%) of the Title Company's escrow fees;
(iv) all costs and expenses incurred by or on behalf of the DCTA; including
DCTA's attorneys' fees; and
(v) such other incidental costs and fees customarily paid by Purchasers'of real
property in Denton County, Texas, for transactions of a similar nature to
the transaction contemplated herein.
6.6 Project Sold As Is.
(a) DCTA represents that as of the Closing Date that it:
(i) will have fully inspected the Project; and
(ii) will have made all investigations as it deems necessary or appropriate and
will be relying solely upon its inspection and investigation of the Project
for all purposes whatsoever, including, but not limited to, the
determination of the condition of the structures, improvements, soils,
subsurface, drainage, surface and groundwater quality, and all other
physical characteristics; availability and adequacy of utilities; compliance
with governmental laws and regulations; access; encroachments; acreage
and other survey matters and the character and suitability of the Project.
(b) DCTA acknowledges and agrees that the Project is being purchased and will be
conveyed "AS IS" with all faults and defects, whether patent or latent, as of the Closing Date.
(c) There have been no representations, warranties, guarantees, statements or
information, express or implied, pertaining to the Project, its condition, or any other matters
whatsoever, made to or furnished to DCTA by Denton or any employee or agent of Denton,
except as specifically set forth in this Agreement.
6.7 Remedies. If DCTA defaults, Denton may terminate this Agreement, in which
event Denton may seek specific performance. If Denton defaults, the DCTA may terminate this
Agreement, in which event Denton shall return the Earnest Money to DCTA or DCTA may seek
specific performance.
6.8 Brokers. Denton and DCTA each represent and warrant that they have not
worked with any broker relative to this transaction and that no brokerage commission is due and
payable upon the Closing. Each party shall, to the extent allowed by law, indemnify each other
from any claim for brokers' commissions relative to the sale of the Property and alleged to be
due because of an agreement of such party.
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6.9 Conditions to Closing.
(a) The obligation of the parties to close the purchase of the Project shall be
conditioned upon satisfaction of the following conditions:
(i) FTA approval of the transfer of the Assets.
(ii) Completion of Construction of the Downtown Denton Transit Center.
6.10 Casual Risk of loss due to casualty shall be borne by Denton until Closing at
such time said risk of loss due to Casualty shall be borne by the DCTA. Denton shall carry or
cause to be carried insurance in amounts sufficient to restore any of the Project damaged by
Casualty to substantially the same condition they were in immediately prior to such Casualty.
6.11 Additional Consideration. Denton agrees to contract with an appraiser to
determine the fair market value of the Land and improvements thereon (the "Appraisal"). Upon
receipt of the Appraisal, Denton shall furnish a copy of the Appraisal and all supporting
documents to the DCTA for review. In the event the fair market value of the Land and
improvements thereon according to the Appraisal (the "Appraised Value") exceeds the Purchase
Price, the DCTA agrees to pay to Denton a sum equal to the lesser of: (i) fifry percent (50%) of
the difference between the Appraised Value and the Purchase Price; or (ii) $150,000.00, to be
paid at closing. For illustration purposes only, assume the Appraisal is $900,000, the Additional
Consideration would be calculated as follows: 50% of $ 122,577 ($900,000 - $777,423) not to
exceed $150,000, which results in Additional Consideration of $61,288.
Article VII
Miscellaneous
7.1 Entire Agreement. This Agreement constitutes the sole and only agreement
between the parties and supersedes any prior understandings written or oral agreements between
the parties with respect to this subject matter.
7.2 Assignment. This Agreement may not be assigned by either party without the
prior written consent of the other party.
7.3 Successors and Assigns. Subject to the provisions regarding assignment, this
Agreement shall be binding on and inure to the benefit of the parties to it and their respective
heirs, executors, administrators,legal representatives, successors and assigns.
7.4 Governing Law. The laws of the State of Texas shall govern this Agreement;
and venue for any action concerning this Agreement shall exclusively be in the State District
Court of Denton County, Texas. The parties agree to submit to the personal and subject matter
jurisdiction of said court.
7.5 Amendments. This Agreement may be amended by the mutual written
agreement of the parties.
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7.6 Severability. In the event any one or more of the provisions contained in this
Agreement shall for any reason be held to be invalid, illegal, or unenforceable in any respect,
such invalidity, illegality or unenforceability shall not effect any other provisions, and the
Agreement shall be construed as if such invalid, illegal, or unenforceable provision had never
been contained in it.
7.7 Notice. Any notice required or permitted to be delivered hereunder may be sent
by first class mail, overnight courier or by confirmed telefax or facsimile to the address specified
below, or to such other party or address as either party may designate in writing, and shall be
deemed received three (3) days after delivery set forth herein:
If intended for DCTA:
Attention: John Hedrick
Denton County Transportation Authority
1660 South Stemmons, Suite 250
Lewisville, Texas 75067
972-221-4600 Telephone
972-221-4601 Facsimile
With copy to:
Peter G. Smith
Nichols, Jackson, Dillard,
Hager & Smith, L.L.P.
1800 Lincoln Plaza
500 North Akard
Dallas, Texas 75201
If intended for Denton:
George C. Campbell, City Manager
215 E. McKinney
Denton, TX 76201
940-349-8307 Telephone
940-349-8596 Facsimile
With copy to:
City Attorney
City of Denton
215 E. McKinney
Denton, Texas 76201
7.8 Counternarts. This Agreement may be executed by the parties hereto in separate
counterparts, each of which when so executed and delivered shall be an original, but all such
counterparts shall together constitute one and the same instrument. Each counterpart may consist
of any number of copies hereof each signed by less than all, but together signed by all of the
parties hereto.
7.9 Exhibits. The Exhibits attached hereto are incorporated herein and made a part
hereof for all purposes.
7.10 Recitals. The recital to this Agreement are incorporated herein and made a part
hereof for all purposes.
7.11 Authorization. Each party represents that it has full capacity and authority to
grant all rights and assume all obligations that are granted and assumed under this Agreement.
7.12 Survival of Covenants. Any of the representations, warranties, covenants, and
obligations of the parties, as well as any rights and benefits of the parties, pertaining to a period
of time following the termination of this Agreement shall survive termination hereof.
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7.13 _Approval of Parties. Whenever this Agreement requires or permits the approval or
consent to be given by a party, the parties agree that such approval or consent shall not be
unreasonably withheld, conditioned or delayed.
7.14 Further Assurances. Each party hereby agrees that it will take all actions and
execute all documents necessary to fully carry out the purposes and intent of this Agreement.
7.15 Time for Performance. Time is of the essence in the performance of each
party's obligations hereunder.
EXECUTED this ~~~ day of
2008.
CITY OF DENTON
By:
George C. Campbell, City anager
ATTEST:
J IFER WALTERS, ITY SECRETARY
BY:
Approved as to Legal Form:
BY: -.-,_
dwin M. Snydeil~ ity f tto ey
EXECUTED this ~~ day of , 2008.
DENTON COUNTY TRANSPORTATION
sy~
Joh .-Hedrick, President
Approved as to Form:
By: r '.~Q~~-
Pete G. Smith; General Counsel
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"EXHIBIT A"
Conveyance Tracts 1 & 2
March 1 7, 2008
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DCTA Downtown Denton Muitlmodal Slte
Exhibit "B"
Description of the Downtown Denton Transit Center Improvements
Downtown Denton Transportation Facility will consist of approximately 8,880 sq. ft. facility
constructed to provide DCTA "Kiss and Ride" bus services. The facility will include indoor
passenger waiting area, public restrooms, bus platform, passenger shelter and windbreakers. Tn
addition, the facility will also house the DCTA Operations offices and provide approximately 40
parking spaces.
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