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Resolution 2025-25
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Resolution 2025-25
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Last modified
5/1/2025 4:49:31 PM
Creation date
4/23/2025 9:24:09 AM
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City Council Records
Also Known As (aka)
APPROVING A SUBAWARD AGREEMENT WITH THE COLORADO DEPARTMENT OF TRANSPORTATION CONCERNING A GRANT FOR THE CITY'S TRAFFIC SIGNAL TECHNOLOGY UPGRADE PROJECT
Meeting Date
4/15/2025
Doc Type
Resolution
Ord/Res - Year
2025
Ord/Res - Number
25
Quality Check
4/23/2025
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Docusign Envelope ID: B2E3CB28-321B-4F61-906C-2DA51CA6131C <br />Contract Number: 25-HTD-ZL-00189 / 491003894 <br />E. Early Termination in the Public Interest <br />The State is entering into this Agreement to serve the public interest of the State of Colorado as determined <br />by its Governor, General Assembly, or Courts. If this Agreement ceases to further the public interest of the <br />State, the State, in its discretion, may terminate this Agreement in whole or in part. A determination that this <br />Agreement should be terminated in the public interest shall not be equivalent to a State right to terminate for <br />convenience. This subsection shall not apply to a termination of this Agreement by the State for Breach of <br />Agreement by Subrecipient, which shall be governed by §12.A.i. <br />i. Method and Content <br />The State shall notify Subrecipient of such termination in accordance with §14. The notice shall specify <br />the effective date of the termination and whether it affects all or a portion of this Agreement, and shall <br />include, to the extent practicable, the public interest justification for the termination. <br />ii. Obligations and Rights <br />Upon receipt of a termination notice for termination in the public interest, Subrecipient shall be subject <br />to the rights and obligations set forth in §12.A.i.a. <br />iii. Payments <br />If the State terminates this Agreement in the public interest, the State shall pay Subrecipient an amount <br />equal to the percentage of the total reimbursement payable under this Agreement that corresponds to the <br />percentage of Work satisfactorily completed and accepted, as determined by the State, less payments <br />previously made. Additionally, if this Agreement is less than 60% completed, as determined by the State, <br />the State may reimburse Subrecipient for a portion of actual out-of-pocket expenses, not otherwise <br />reimbursed under this Agreement, incurred by Subrecipient which are directly attributable to the <br />uncompleted portion of Subrecipient's obligations, provided that the sum of any and all reimbursement <br />shall not exceed the Subaward Maximum Amount payable to Subrecipient hereunder. <br />F. Subrecipient's Termination Under Federal Requirements <br />Subrecipient may request termination of this Agreement by sending notice to the State, or to the Federal <br />Awarding Agency with a copy to the State, which includes the reasons for the termination and the effective <br />date of the termination. If this Agreement is terminated in this manner, then Subrecipient shall return any <br />advanced payments made for work that will not be performed prior to the effective date of the termination. <br />3. DEFINITIONS <br />The following terms shall be construed and interpreted as follows: <br />A. "Agreement" means this subaward agreement, including all attached Exhibits, all documents incorporated <br />by reference, all referenced statutes, rules and cited authorities, and any future modifications thereto. <br />B. "Award" means an award by a Recipient to a Subrecipient funded in whole or in part by a Federal Award. <br />The terms and conditions of the Federal Award flow down to the Award unless the terms and conditions of <br />the Federal Award specifically indicate otherwise. <br />C. "Breach of Agreement" means the failure of a Party to perform any of its obligations in accordance with <br />this Agreement, in whole or in part or in a timely or satisfactory manner. The institution of proceedings under <br />any bankruptcy, insolvency, reorganization or similar law, by or against Subrecipient, or the appointment of <br />a receiver or similar officer for Subrecipient or any of its property, which is not vacated or fully stayed within <br />30 days after the institution of such proceeding, shall also constitute a breach. If Subrecipient is debarred or <br />suspended under §24-109-105, C.R.S. at any time during the term of this Agreement, then such debarment <br />or suspension shall constitute a breach. <br />D. "Budget" means the budget for the Work described in Exhibit A. <br />E. "Business Day" means any day other than Saturday, Sunday, or a legal holiday as listed in §24-11-101(1), <br />C.R.S. <br />F. "CORA" means the Colorado Open Records Act, §§24-72-200.1, et. seq., C.R.S. <br />G. "Deliverable" means the outcome to be achieved or output to be provided, in the form of a tangible or <br />intangible Good or Service that is produced as a result of Subrecipient's Work that is intended to be delivered <br />by Subrecipient. <br />Page 4 of 33 <br />
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