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R-09-04-09-11C1 - 4/9/2009RESOLUTION NO. R -09-04-09-11C1 WHEREAS, Chapter 791 of the Texas Government Code, V. T.C.A., authorizes local governments and agencies of the state to enter into agreements with one another to perform governmental functions and services, and WHEREAS, the City of Round Rock wishes to enter into an Interlocal Agreement with the City of Cedar Park and the City of Leander Regarding Due Diligence Services for the Deep Water Intake Site for the Regional Project, Now Therefore BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS, That the Mayor is hereby authorized and directed to execute on behalf of the City an Interlocal Agreement with the City of Cedar Park and the City of Leander, a copy of same being attached hereto as Exhibit "A" and incorporated herein for all purposes. The City Council hereby finds and declares that written notice of the date, hour, place and subject of the meeting at which this Resolution was adopted was posted and that such meeting was open to the public as required by law at all times during which this Resolution and the subject matter hereof were discussed, considered and formally acted upon, all as required by the Open Meetings Act, Chapter 551, Texas Government Code, as amended. RESOLVED this 9th day of April, 2009. ALAN MCGRAW, Mayor City of Round Rock, Texas SARA L. WHITE, City Secretary 0:\WDOX\RESOLUTI\R90909C1.DOC/rmc INTERLOCAL AGREEMENT REGARDING DUE DILIGENCE SERVICES FOR THE DEEP WATER INTAKE SITE THE STATE OF TEXAS COUNTY OF WILLIAMSON § § § KNOW ALL BY THESE PRESENTS: THIS INTERLOCAL AGREEMENT REGARDING DUE DILIGENCE SERVICES FOR THE DEEP WATER INTAKE SITE ("Agreement") is entered into between the City of Round Rock, Texas, a Texas home -rule city ("Round Rock"); the City of Cedar Park, Texas, a Texas home -rule city ("Cedar Park"), and the City of Leander, Texas, a Texas home -rule city ("Leander"). In this Agreement, Round Rock, Cedar Park and Leander are sometimes individually referred to as " Party" and collectively referred to as "Parties". Recitals WHEREAS, the growth of the Cities of Round Rock, Cedar Park and Leander necessitates the development of additional water supplies for each of these communities; and WHEREAS, the Parties have agreed to jointly pursue a regional water supply system that will ultimately provide an additional 105.8 million gallons per day of potable water supply to meet future water demands of the Parties based on projected population growth; and WHEREAS, Round Rock, Cedar Park and Leander, have previously entered into multiple agreements in anticipation of the regional water supply system; and WHEREAS, the Parties desire to proceed with the due diligence study of the proposed site for the 141.7 million gallons per day deep water intake facility ("Deep Water Intake Site"); and WHEREAS, the purpose of this Agreement is to set forth the terms and conditions pursuant to which the Parties shall authorize consulting services related to the Deep Water Intake Site, and pursuant to which the Parties will cost participate in all costs and expenses related thereto. NOW, THEREFORE, in consideration of the foregoing premises and the mutual promises and agreements of the Parties contained in this Agreement, the Parties agree as follows: I. DEFINITIONS When used in this Agreement, capitalized terms not otherwise defined shall have the meanings set forth below: 1.01 "Agreement" means this Interlocal Agreement Regarding Due Diligence Services for the Deep Water Intake Site. 156690 EXHIBIT 2 ., A" 1.02 "Cedar Park" means the City of Cedar Park, Texas. 1.03 "Cost Allocation Percentage" means the percentage of Due Diligence Costs to be paid by each Party. The Cost Allocation Percentages are set forth on Exhibit "A" attached hereto. 1.04 "Design & Oversight Committee" or "D.O. Committee" means the engineering representative(s) selected by each Party for purposes of overseeing the implementation of the Due Diligence Services. 1.05 "Due Diligence Contract" means that certain contract for engineering services to be approved by the Parties pursuant to which the Project Consultant shall provide Due Diligence Services. 1.06 "Due Diligence Costs" means all costs and expenses incurred by the Parties pursuant to the Due Diligence Contract for Due Diligence Services. 1.07 "Due Diligence Fund" means a fund to be established and administered by Round Rock in accordance with Section 4.03 in order to provide monies to pay the Due Diligence Costs. 1.08 "Due Diligence Services" means the preliminary engineering and other services to be performed by the Project Consultant pursuant to the Due Diligence Contract(s). 1.09 "Effective Date" means the last date of execution of this Agreement by the Parties; provided all of the Parties must execute this Agreement for it to be effective. 1.10 "Leander" means the City of Leander, Texas. 1.11 "Party" or "Parties" means Cedar Park, Round Rock, and/or Leander, individually or collectively, as applicable. 1.12 "Project Consultant" means the firm which is a party to the Due Diligence Contract. 1.13 "Regional Project" means the regional water supply system, which will ultimately provide an additional 105.8 million gallons per day of potable water supply to meet future water demands of the Parties. 1.14 "Round Rock" means the City of Round Rock, Texas. II. DESIGN AND OVERSIGHT COMMITTEE 2.01 Composition of D.O. Committee. There is hereby created a Design & Oversight Committee ("D.O. Committee") to be composed of one representative appointed by each Party. The following persons are hereby designated as the initial members of the D.O. Committee: Kenneth Wheeler on behalf of Cedar Park; Wayne Watts on behalf of Leander; and Don Rundell on behalf of Round Rock. Each representative of a Party shall serve at the will of the governing body (or its designee) that the person represents. Upon the incapacitation, resignation, or revocation of the power of such representative , the governing body of the appropriate Party (or 156690 2 its designee) shall promptly appoint a new representative to the D.O. Committee, and shall immediately notify the other Parties in writing of such appointment. Each Party may appoint one or more alternate representatives as it deems necessary and proper. 2.02 Responsibility of D.O. Committee. The D.O. Committee shall: (i) Attend and participate in regular meetings with the Project Consultant to monitor the status of the Due Diligence Services and to provide direction and recommendations with respect thereto; (ii) Review and unanimously approve in writing the due diligence report produced by the Project Consultant; (iii) Review and unanimously approve in writing any revisions to the scope of Due Diligence Services to be performed by Project Consultant; (iv) Confirm in writing the final completion of Due Diligence Services under the Due Diligence Contracts; and (v) Address any other pertinent matters relating to the Due Diligence Services. The D.O. Committee shall meet at regular intervals to review the matters over which it has authority. The D.O. Committee shall be diligent, prompt and timely in reviewing and acting on matters submitted to it. III. DUE DILIGENCE SERVICES 3.01 Due Diligence Services. (a) The Parties intend to enter into a Due Diligence Contract in the form unanimously approved by the Parties. (b) Once approved, the scope of Due Diligence Services, including any proposed changes to a Project Consultant's compensation in connection therewith, may only be modified by unanimous written authorization from the Parties, which authorization shall be set forth in a "Supplemental Contract" executed by each Party. (c) The Parties acknowledge that this Agreement will be managed by the D.O. Committee. 3.02 D.O. Committee Participation. (a) The D.O. Committee shall prepare a schedule of meetings with the Project Consultant that shall be approved by all members of the D.O. Committee. The foregoing shall not be construed to prohibit any Party from communicating with Project Consultant regarding the Due Diligence Services without the presence or participation of the other Parties, or from 156690 3 meeting with the Project Consultant when it is not practicable to schedule a meeting with the D.O. Committee. (b) Within ten (10) business days of receipt of any preliminary and/or final reports prepared by the Project Consultant, the members of the D.O. Committee shall specify in writing to each other any objections regarding the draft reports, and any proposed revisions thereto. If any member of the D.O. Committee fails to object in writing to the report within the 10 -business -day period, then that member shall be deemed to have approved the draft report. In the event that any member of the D.O. Committee timely objects to the draft report, then the D.O. Committee shall endeavor in good faith to resolve the matter by unanimous agreement. If the D.O. Committee cannot unanimously agree to the proper resolution within fifteen (15) business days, then the D.O. Committee shall refer the dispute to the City Managers Committee. The City Managers Committee shall work diligently and in good faith to resolve the dispute as quickly as possible so as not to jeopardize the completion of the Regional Project in accordance with the Project Schedule. 3.03 Work Product. (a) Any Party is entitled to copies of any work product produced by the Project Consultant in connection with the Due Diligence Services. The Party requesting a copy of such information shall pay all reasonable costs incurred in preparing and furnishing the copies. (b) In accordance with, and subject to the terms and conditions set forth in the Due Diligence Contract, the Parties may utilize the work product produced by the Project Consultant for their own purposes. IV. PAYMENT OF DUE DILIGENCE COSTS. 4.01 Payment of Due Diligence Costs. (a) All Due Diligence Costs shall be shared by the Parties according to the Cost Allocation Percentages, as set forth in Exhibit "A" attached hereto. (b) The Parties agree that Project Consultant will be instructed to send all invoices to Round Rock and that upon receipt of each invoice from the Project Consultant, Round Rock shall review the invoice and confirm that the Due Diligence Services have been completed in accordance with the request for payment. (c) Upon Round Rock's approval of each invoice for Due Diligence Services, Round Rock will transmit a copy of the approved invoice to the Cedar Park and Leander representatives on the D.O. Committee. Within ten (10) business days of receipt of the invoice for payment, the members of the D.O. Committee shall specify in writing to Round Rock any objections regarding the invoice for payment. If any member of the D.O. Committee fails to object in writing to the invoice within the ten (10) business day period, then the Party represented by such D.O. Committee member shall be deemed to have approved the invoice for 156690 4 payment. In the event that any member of the D.O. Committee timely objects to the invoice, then the matter shall be resolved in accordance with the following procedures: (i) If the objection relates to the performance of work or services by the Project Consultant, then the D.O. Committee shall exercise all rights to which it is entitled under the Due Diligence Contract to resolve the dispute, require correction of the defective work, and otherwise address the concern of the objecting member of the D.O. Committee. (ii) In the event that any member of the D.O. Committee objects to an invoice for reasons not related to the performance of work or services by the Project Consultant, then the D.O. Committee shall endeavor in good faith to resolve the matter by unanimous agreement. If the D.O. Committee cannot unanimously agree to the proper resolution within thirty (30) calendar days of the date of written objection, then the invoice shall be paid as received. Any such request for dispute resolution must be brought within thirty (30) calendar days of the date of written objection. (d) In the event of termination of this Agreement prior to the completion of the Regional Project, all Parties shall provide payment of their pro rata share of the Due Diligence Costs incurred prior to and through the date of the termination. 4.02 Due Diligence Fund. (a) The Parties shall contribute monies to the Due Diligence Fund in accordance with the following provisions: (i) Within ten (10) calendar days of execution of the Due Diligence Contracts by the Parties, each Party shall deposit into the Due Diligence Fund a sum ("the Due Diligence Payment"), which represents twenty five percent (25%) of each Party's share of the estimated Due Diligence Costs. Each Party's estimated Due Diligence Payment, based on the estimated Due Diligence Costs set forth in Exhibit "A" attached hereto, is set forth below: 1) Round Rock- $16,534.75; 2) Leander- $25,132.35; and 3) Cedar Park- $15,765.15. (ii) At such time as the balance in the Due Diligence Fund is substantially depleted, as determined in Round Rock's reasonable discretion, Round Rock shall provide written notice (by email or otherwise) thereof to the other Parties, each of which shall have thirty (30) calendar days to deposit into the Due Diligence Fund an additional Due Diligence Payment, in the same amount as originally deposited. Each notice by Round Rock shall be accompanied by a written accounting report that identifies in reasonable detail all prior expenditures from the Due Diligence Fund. 156690 5 (iii) The foregoing process shall continue until such time as the Due Diligence Costs have been paid in full. In the event that the Due Diligence Costs exceed the original estimate, then each Party shall thereafter deposit within the Due Diligence Fund a sum equal to the product determined by multiplying each Party's Cost Allocation Percentage by the Due Diligence Costs for such services. (b) In the event that there are remaining funds within the Due Diligence Fund upon final completion of the Due Diligence Services, then Round Rock shall promptly divide and remit within 30 calendar days such funds to the Parties on a pro rata basis according to the percentage of all Due Diligence Costs previously paid by each of the Parties. Payment shall be accompanied by a written accounting describing the basis for calculation of payment to each Party. (c) All interest that accumulates within the Due Diligence Fund shall remain within such fund for payment of Due Diligence Costs. 4.04 Disputes. In the event of any disputes among the Parties, the Parties agree that the City Managers Committee shall work diligently and in good faith to resolve the dispute as quickly as possible so as not to jeopardize the completion of the Regional Project in accordance with the Project Schedule. V. GENERAL PROVISIONS 5.01 Authority. This Agreement is made in part under the authority conferred in Chapter 791, Texas Government Code and Section 402.001, Texas Local Government Code. 5.02 Severability. The provisions of this Agreement are severable and, if any provision of this Agreement is held to be invalid for any reason by a court or agency of competent jurisdiction, the remainder of this Agreement will not be affected and this Agreement will be construed as if the invalid portion had never been contained herein. 5.03 Payments from Current Revenues. Any payments required to be made by a Party under this Agreement will be paid from current revenues or other funds lawfully available to the Party for such purpose. 5.04 Cooperation. The Parties agree to cooperate at all times in good faith to effectuate the purposes and intent of this Agreement. 5.05 Entire Agreement. Except as otherwise expressly provided herein, this Agreement contains the entire agreement of the Parties regarding the sharing of costs for the Due Diligence Services and supersedes all prior or contemporaneous understandings or representations, whether oral or written, regarding the subject matter. The Parties confirm that further agreements regarding the Regional Project are contemplated and will not be affected or limited by this Agreement. 5.06 Amendments. Any amendment of this Agreement must be in writing and will be effective if signed by the authorized representatives of the Parties. 156690 6 5.07 Applicable Law; Venue. This Agreement will be construed in accordance with Texas law. Venue for any action arising hereunder will be in Williamson County, Texas. 5.08 Notices. Any notices given under this Agreement will be effective if (i) forwarded to a Party by hand -delivery; (ii) transmitted to a Party by confirmed telecopy; or (iii) deposited with the U.S. Postal Service, postage prepaid, certified, to the address of the Party indicated below: CEDAR PARK: with copy to: ROUND ROCK: with copy to: Leander: 156690 7 600 North Bell Blvd. Cedar Park, Texas 78613 Attn: Sam Roberts Telephone: (512) 258-4121 x6321 Facsimile: (512) 258-6083 Email: roberts(cr�,ci.cedar-park.tx.us Charles Rowland 600 N. Bell Blvd. Cedar Park, Texas 78613 Telephone: (512) 401-5004 Facsimile: (512) Email: charles.rowland@cedarparktx.us 221 East Main Round Rock, Texas 78664 Attn: Jim Nuse Telephone: (512) 218-5410 Facsimile:(512) 218-7097 Email: jnuse@round-rock.tx.us Steve Sheets 309 E. Main Street Round Rock, Texas 78664-5264 Telephone: (512) 255-8877 Facsimile: (512) 255-8986 Email: slsheets@sheets-crossfield.com Wayne Watts P.O. Box 319 Leander Texas 78646-0319 Telephone: (512) 259-1178 Facsimile: (512) 259-1605 Email: w.watts@ci.leander.tx.us with copy to: Diana Granger 223 W. Anderson Lane, Suite A-105 Austin, Texas 78752 Telephone: (512) 323-5778 Telecopy: (512) 323-5773 Email: attorneys@cityattorneytexas.com 5.09 Force Majeure. No Party to this Agreement shall be deemed in violation of this Agreement if prevented from performing any of its obligations hereunder by reasons for which it is not responsible or circumstances beyond its control. However, notice of such impediment or delay in performance must be timely given, and all reasonable efforts undertaken to mitigate its effects. 5.10 Exhibits. The following exhibits are attached to this Agreement and incorporated herein by reference: Exhibit A - Cost Allocation Percentages 5.11 Counterparts. Effect of Partial Execution. This Agreement may be executed simultaneously in multiple counterparts, each of which will be deemed an original, but all of which will constitute the same instrument. 5.12 Authority. Each Party represents and warrants that it has the full right, power and authority to execute this Agreement [SIGNATURES ON FOLLOWING PAGES] 156690 8 CITY OF ROUND ROCK: ATTEST: By: Sara White, City Secretary Alan McGraw, Mayor Date: 156690 9 CITY OF CEDAR PARK: ATTEST: By: LeAnn Quinn, City Secretary Bob Lemon, Mayor Date: 156690 10 CITY OF LEANDER: ATTEST: By: John Cowman, Mayor Debbie Haile, City Secretary Date: 156690 11 EXHIBIT A COST ALLOCATION Phase/Segment Capacity (MGD) Cost Allocation Final Design Costs Due Diligence Allocation of Costs Cedar Park 38.9 27.45% $63,060.61 Leander 62.0 43.76% $100,529.41 Round Rock 40.8 28.79% $66,138.98 Total 141.7 100.00% $229,729.00 25% Payment Initial • Cedar Park $15,765.15 Leander $25,132.35 Round Rock $16,534.75 156690 12 DATE: April 1, 2009 SUBJECT: City Council Meeting — April 9, 2009 ITEM: 11C1. Consider a resolution authorizing the Mayor to execute an Interlocal Agreement regarding Due Diligence Services for the Deep Water Intake Site for the Regional Water Project with the Cities of Cedar Park and Leander. Department: Staff Person: Justification: Water and Wastewater Utilities Michael Thane, P.E., Director of Utilities This agreement sets forth the terms and conditions pursuant to which the Cities shall authorize due diligence services related to the Phase 2 Deep Water Intake Site and associated Raw Water Pipeline for the Brushy Creek Regional Water system. The agreement outlines the method in which the Cities will cost participate in all costs and expenses related to the services. The costs shall be shared by the Cities according to their ultimate capacity allocation percentage in the Deep Water Intake facility. The cost allocations for these facilities are Round Rock 28.79%; Cedar Park 27.45%; and Leander 43.76%. Funding: Cost: $66,138.98 Source of funds: Capital Project Funds (Self -Financed Utility) Outside Resources: Cities of Cedar Park and Leander Jacobs Engineering Group, Inc. Background Information: The Cities of Round Rock, Cedar Park, and Leander have agreed to jointly pursue a Regional Water System that will ultimately provide an additional 105.8 million gallons per day (mgd) of potable water to meet future water demands of the Cities based on projected population growth. The Deep Water Intake facility will be able to provide 141.7 mgd of raw water to the three Cities. The intake facility will pump water from Lake Travis to the regional water treatment plant, as well as to the existing Cedar Park and Sandy Creek water treatment plants. Public Comment: N/A EXECUTED DOCUMENT FOLLOWS INTERLOCAL AGREEMENT REGARDING DUE DILIGENCE SERVICES FOR THE DEEP WATER INTAKE SITE THE STATE OF TEXAS COUNTY OF WILLIAMSON KNOW ALL BY THESE PRESENTS: THIS INTERLOCAL AGREEMENT REGARDING DUE DILIGENCE SERVICES FOR THE DEEP WATER INTAKE SITE ("Agreement") is entered into between the City of Round Rock, Texas, a Texas home -rule city ("Round Rock"); the City of Cedar Park, Texas, a Texas home -rule city ("Cedar Park"), and the City of Leander, Texas, a Texas home -rule city ("Leander"). In this Agreement, Round Rock, Cedar Park and Leander are sometimes individually referred to as " Party" and collectively referred to as "Parties". Recitals WHEREAS, the growth of the Cities of Round Rock, Cedar Park and Leander necessitates the development of additional water supplies for each of these communities; and WHEREAS, the Parties have agreed to jointly pursue a regional water supply system that will ultimately provide an additional 105.8 million gallons per day of potable water supply to meet future water demands of the Parties based on projected population growth; and WHEREAS, Round Rock, Cedar Park and Leander, have previously entered into multiple agreements in anticipation of the regional water supply system; and WHEREAS, the Parties desire to proceed with the due diligence study of the proposed site for the 141.7 million gallons per day deep water intake facility ("Deep Water Intake Site");' and WHEREAS, the purpose of this Agreement is to set forth the terms and conditions pursuant to which the Parties shall authorize consulting services related to the Deep Water Intake Site, and pursuant to which the Parties will cost participate in all costs and expenses related thereto. NOW, THEREFORE, in consideration of the foregoing premises and the mutual promises and agreements of the Parties contained in this Agreement, the Parties agree as follows: I. DEFINITIONS When used in this Agreement, capitalized terms not otherwise defined shall have the meanings set forth below: 1.01 "Agreement" means this Interlocal Agreement Regarding Due Diligence Services for the Deep Water Intake Site. 156690 R' �r 0 �-- 04( 4 u 1 1.02 "Cedar Park" means the City of Cedar Park, Texas. 1.03 "Cost Allocation Percentage" means the percentage of Due Diligence Costs to be paid by each Party. The Cost Allocation Percentages are set forth on Exhibit "A" attached hereto. 1.04 "Design & Oversight Committee" or "D.O. Committee" means the engineering representative(s) selected by each Party for purposes of overseeing the implementation of the Due Diligence Services. 1.05 "Due Diligence Contract" means that certain contract for engineering services to be approved by the Parties pursuant to which the Project Consultant shall provide Due Diligence Services. 1.06 "Due Diligence Costs" means all costs and expenses incurred by the Parties pursuant to the Due Diligence Contract for Due Diligence Services. 1.07 "Due Diligence Fund" means a fund to be established and administered by Round Rock in accordance with Section 4.03 in order to provide monies to pay the Due Diligence Costs. 1.08 "Due Diligence Services" means the preliminary engineering and other services to be performed by the Project Consultant pursuant to the Due Diligence Contract(s). 1.09 "Effective Date" means the last date of execution of this Agreement by the Parties; provided all of the Parties must execute this Agreement for it to be effective. 1.10 "Leander" means the City of Leander, Texas. 1.11 "Party" or "Parties" means Cedar Park, Round Rock, and/or Leander, individually or collectively, as applicable. 1.12 "Project Consultant' means the firm which is a party to the Due Diligence Contract. 1.13 "Regional Project" means the regional water supply system, which will ultimately provide an additional 105.8 million gallons per day of potable water supply to meet future water demands of the Parties. 1.14 "Round Rock" means the City of Round Rock, Texas. II. DESIGN AND OVERSIGHT COMMITTEE 2.01 Composition of D.O. Committee. There is hereby created a Design & Oversight Committee ("D.O. Committee") to be composed of one representative appointed by each Party. The following persons are hereby designated as the initial members of the D.O. Committee: Kenneth Wheeler on behalf of Cedar Park; Wayne Watts on behalf of Leander; and Don Rundell on behalf of Round Rock. Each representative of a Party shall serve at the will of the governing body (or its designee) that the person represents. Upon the incapacitation, resignation, or revocation of the power of such representative , the governing body of the appropriate Party (or 156690 2 its designee) shall promptly appoint a new representative to the D.O. Committee, and shall immediately notify the other Parties in writing of such appointment. Each Party may appoint one or more alternate representatives as it deems necessary and proper. 2.02 Responsibility of D.O. Committee. The D.O. Committee shall: (i) Attend and participate in regular meetings with the Project Consultant to monitor the status of the Due Diligence Services and to provide direction and recommendations with respect thereto; (ii) Review and unanimously approve in writing the due diligence report produced by the Project Consultant; (iii) Review and unanimously approve in writing any revisions to the scope of Due Diligence Services to be performed by Project Consultant; (iv) Confirm in writing the final completion of Due Diligence Services under the Due Diligence Contracts; and Services. (v) Address any other pertinent matters relating to the Due Diligence The D.O. Committee shall meet at regular intervals to review the matters over which it has authority. The D.O. Committee shall be diligent, prompt and timely in reviewing and acting on matters submitted to it. III. DUE DILIGENCE SERVICES 3.01 Due Diligence Services. (a) The Parties intend to enter into a Due Diligence Contract in the form unanimously approved by the Parties. (b) Once approved, the scope of Due Diligence Services, including any proposed changes to a Project Consultant's compensation in connection therewith, may only be modified by unanimous written authorization from the Parties, which authorization shall be set forth in a "Supplemental Contract" executed by each Party. (c) The Parties acknowledge that this Agreement will be managed by the D.O. Committee. 3.02 D.O. Committee Participation. (a) The D.O. Committee shall prepare a schedule of meetings with the Project Consultant that shall be approved by all members of the D.O. Committee. The foregoing shall not be construed to prohibit any Party from communicating with Project Consultant regarding the Due Diligence Services without the presence or participation of the other Parties, or from 156690 3 meeting with the Project Consultant when it is not practicable to schedule a meeting with the D.O. Committee. (b) Within ten (10) business days of receipt of any preliminary and/or final reports prepared by the Project Consultant, the members of the D.O. Committee shall specify in writing to each other any objections regarding the draft reports, and any proposed revisions thereto. If any member of the D.O. Committee fails to object in writing to the report within the 10 -business -day period, then that member shall be deemed to have approved the draft report. In the event that any member of the D.O. Committee timely objects to the draft report, then the D.O. Committee shall endeavor in good faith to resolve the matter by unanimous agreement. If the D.O. Committee cannot unanimously agree to the proper resolution within fifteen (15) business days, then the D.O. Committee shall refer the dispute to the City Managers Committee. The City Managers Committee shall work diligently and in good faith to resolve the dispute as quickly as possible so as not to jeopardize the completion of the Regional Project in accordance with the Project Schedule. 3.03 Work Product. (a) Any Party is entitled to copies of any work product produced by the Project Consultant in connection with the Due Diligence Services. The Party requesting a copy of such information shall pay all reasonable costs incurred in preparing and furnishing the copies. (b) In accordance with, and subject to the terms and conditions set forth in the Due Diligence Contract, the Parties may utilize the work product produced by the Project Consultant for their own purposes. IV. PAYMENT OF DUE DILIGENCE COSTS. 4.01 Payment of Due Diligence Costs. (a) All Due Diligence Costs shall be shared by the Parties according to the Cost Allocation Percentages, as set forth in Exhibit "A" attached hereto. (b) The Parties agree that Project Consultant will be instructed to send all invoices to Round Rock and that upon receipt of each invoice from the Project Consultant, Round Rock shall review the invoice and confirm that the Due Diligence Services have been completed in accordance with the request for payment. (c) Upon Round Rock's approval of each invoice for Due Diligence Services, Round Rock will transmit a copy of the approved invoice to the Cedar Park and Leander representatives on the D.O. Committee. Within ten (10) business days of receipt of the invoice for payment, the members of the D.O. Committee shall specify in writing to Round Rock any objections regarding the invoice for payment. If any member of the D.O. Committee fails to object in writing to the invoice within the ten (10) business day period, then the Party represented by such D.O. Committee member shall be deemed to have approved the invoice for 156690 4 payment. In the event that any member of the D.O. Committee timely objects to the invoice, then the matter shall be resolved in accordance with the following procedures: (i) If the objection relates to the performance of work or services by the Project Consultant, then the D.O. Committee shall exercise all rights to which it is entitled under the Due Diligence Contract to resolve the dispute, require correction of the defective work, and otherwise address the concern of the objecting member of the D.O. Committee. (ii) In the event that any member of the D.O. Committee objects to an invoice for reasons not related to the performance of work or services by the Project Consultant, then the D.O. Committee shall endeavor in good faith to resolve the matter by unanimous agreement. If the D.O. Committee cannot unanimously agree to the proper resolution within thirty (30) calendar days of the date of written objection, then the invoice shall be paid as received. Any such request for dispute resolution must be brought within thirty (30) calendar days of the date of written objection. (d) In the event of termination of this Agreement prior to the completion of the Regional Project, all Parties shall provide payment of their pro rata share of the Due Diligence Costs incurred prior to and through the date of the termination. 4.02 Due Diligence Fund. (a) The Parties shall contribute monies to the Due Diligence Fund in accordance with the following provisions: (i) Within ten (10) calendar days of execution of the Due Diligence Contracts by the Parties, each Party shall deposit into the Due Diligence Fund a sum ("the Due Diligence Payment"), which represents twenty five percent (25%) of each Party's share of the estimated Due Diligence Costs. Each Party's estimated Due Diligence Payment, based on the estimated Due Diligence Costs set forth in Exhibit "A" attached hereto, is set forth below: 1) Round Rock- $16,534.75; 2) Leander- $25,132.35; and 3) Cedar Park- $15,765.15. (ii) At such time as the balance in the Due Diligence Fund is substantially depleted, as determined in Round Rock's reasonable discretion, Round Rock shall provide written notice (by email or otherwise) thereof to the other Parties, each of which shall have thirty (30) calendar days to deposit into the Due Diligence Fund an additional Due Diligence Payment, in the same amount as originally deposited. Each notice by Round Rock shall be accompanied by a written accounting report that identifies in reasonable detail all prior expenditures from the Due Diligence Fund. 156690 5 (iii) The foregoing process shall continue until such time as the Due Diligence Costs have been paid in full. In the event that the Due Diligence Costs exceed the original estimate, then each Party shall thereafter deposit within the Due Diligence Fund a sum equal to the product determined by multiplying each Party's Cost Allocation Percentage by the Due Diligence Costs for such services. (b) In the event that there are remaining funds within the Due Diligence Fund upon final completion of the Due Diligence Services, then Round Rock shall promptly divide and remit within 30 calendar days such funds to the Parties on a pro rata basis according to the percentage of all Due Diligence Costs previously paid by each of the Parties. Payment shall be accompanied by a written accounting describing the basis for calculation of payment to each Party. (c) All interest that accumulates within the Due Diligence Fund shall remain within such fund for payment of Due Diligence Costs. 4.04 Disputes. In the event of any disputes among the Parties, the Parties agree that the City Managers Committee shall work diligently and in good faith to resolve the dispute as quickly as possible so as not to jeopardize the completion of the Regional Project in accordance with the Project Schedule. V. GENERAL PROVISIONS 5.01 Authority. This Agreement is made in part under the authority conferred in Chapter 791, Texas Government Code and Section 402.001, Texas Local Government Code. 5.02 Severability. The provisions of this Agreement are severable and, if any provision of this Agreement is held to be invalid for any reason by a court or agency of competent jurisdiction, the remainder of this Agreement will not be affected and this Agreement will be construed as if the invalid portion had never been contained herein. 5.03 Payments from Current Revenues. Any payments required to be made by a Party under this Agreement will be paid from current revenues or other funds lawfully available to the Party for such purpose. 5.04 Cooperation. The Parties agree to cooperate at all times in good faith to effectuate the purposes and intent of this Agreement. 5.05 Entire Agreement. Except as otherwise expressly provided herein, this Agreement contains the entire agreement of the Parties regarding the sharing of costs for the Due Diligence Services and supersedes all prior or contemporaneous understandings or representations, whether oral or written, regarding the subject matter. The Parties confirm that further agreements regarding the Regional Project are contemplated and will not be affected or limited by this Agreement. 5.06 Amendments. Any amendment of this Agreement must be in writing and will be effective if signed by the authorized representatives of the Parties. 156690 6 5.07 Applicable Law; Venue. This Agreement will be construed in accordance with Texas law. Venue for any action arising hereunder will be in Williamson County, Texas. 5.08 Notices. Any notices given under this Agreement will be effective if (i) forwarded to a Party by hand -delivery; (ii) transmitted to a Party by confirmed telecopy; or (iii) deposited with the U.S. Postal Service, postage prepaid, certified, to the address of the Party indicated below: CEDAR PARK: with copy to: ROUND ROCK: with copy to: Leander: 156690 7 600 North Bell Blvd. Cedar Park, Texas 78613 Attn: Sam Roberts Telephone: (512) 258-4121 x6321 Facsimile: (512) 258-6083 Email: roberts@ci.cedar-park.tx.us Charles Rowland 600 N. Bell Blvd. Cedar Park, Texas 78613 Telephone: (512) 401-5004 Facsimile: (512) Email: charles.rowland@cedarparktx.us 221 East Main Round Rock, Texas 78664 Attn: Jim Nuse Telephone: (512) 218-5410 Facsimile:(512) 218-7097 Email: jnuse(round-rock.tx.us Steve Sheets 309 E. Main Street Round Rock, Texas 78664-5264 Telephone: (512) 255-8877 Facsimile: (512) 255-8986 Email: slsheets(sheets-crossfield.com Wayne Watts P.O. Box 319 Leander Texas 78646-0319 Telephone: (512) 259-1178 Facsimile: (512) 259-1605 Email: w.watts@ci.leander.tx.us with copy to: Diana Granger 223 W. Anderson Lane, Suite A-105 Austin, Texas 78752 Telephone: (512) 323-5778 Telecopy: (512) 323-5773 Email: attorneys(2i cityattorneytexas.com 5.09 Force Majeure. No Party to this Agreement shall be deemed in violation of this Agreement if prevented from performing any of its obligations hereunder by reasons for which it is not responsible or circumstances beyond its control. However, notice of such impediment or delay in performance must be timely given, and all reasonable efforts undertaken to mitigate its effects. 5.10 Exhibits. The following exhibits are attached to this Agreement and incorporated herein by reference: Exhibit A - Cost Allocation Percentages 5.11 Counterparts. Effect of Partial Execution. This Agreement may be executed simultaneously in multiple counterparts, each of which will be deemed an original, but all of which will constitute the same instrument. 5.12 Authority. Each Party represents and warrants that it has the full right, power and authority to execute this Agreement [SIGNATURES ON FOLLOWING PAGES] 156690 8 Sara White, City Secretary CITY OF ROUND ROCK: By: 10 rn Alan McGraw, Mayor Date: 156690 9 ATTEST: CITY OF CEDAR PARK: By: LeAnn Quinn, City Secretary 156690 tL" '-ot,°`t,llGl Bob Lemon, Mayor Date: _5.-�a� - 69 10 AT ST l /U Debbie Haile, City Secretary 156690 Z --Ole t+ -!IG( By: CIY OF LEANDER: Cowman, Mayor Date: h9/ 11 EXHIBIT A COST ALLOCATION Phase/Segment Capacity (MGD) Cost Allocation Due Diligence Allocation of Costs Cedar Park Leander Final Design Costs 38.9 27.45% Round Rock 62.0 43.76% 40.8 28.79% $63,060.61 $100,529.41 Total 141.7 100.00% $66,138.98 $229,729.00 25% Payment Cedar Park Leander Round Rock 156690 12 Initial $15,765.15 $25,132.35 $16,534.75