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HomeMy WebLinkAbout2016-381 OPT - Town of Chapel Hill equipment lease & mgmt. of a Fed. Transit Admin. Grant amendment 2 M -Please return this copy to the Clerk to the Board's office. STATE OF NORTH CAROLINA AMENDMENT 2 TO TOWN OF CHAPEL HILL EQUIPMENT LEASE AND MANAGEMENT OF A FEDERAL TRANSIT ADMINISTRATION GRANT This Amendment 2 to the EQUIPMENT LEASE AND MANAGEMENT OF A FEDERAL TRANSIT ADMINISTRATION (FTA) GRANT agreement, herein "original Contract", dated June 10,2010 by and between the Town of Chapel Hill,herein"Town",and Orange County,North Carolina,herein"County", is made and entered as of the date set forth below. WHEREAS,the original Contract was set to expire at the end of five(5)years,or 150,000 miles; and WHEREAS,the vehicles in question have met their useful life and the FTA has no vested interest in said vehicles; and WHEREAS,the County has asked the Town to extend the lease until such time as the vehicles can be transferred to the County in accordance with North Carolina General Statute § 160A-274 and governing FTA Circular 5010.1D. NOW THEREFORE, said EQUIPMENT LEASE AND MANAGEMENT OF A FEDERAL TRANSIT ADMINISTRATION GRANT agreement is hereby amended as set forth below: Section 1,Term, is hereby revised by extending the term of the original Contract to June 30, 2017. Except as herein and previously amended, all the terms and provisions of the original Contract dated June 10,2010 are hereby reaffirmed and shall remain in full force and effect. [SIGNATURES ON FOLL 0 WflVG PAGE.] Amendment Revised 5/2016 Page 1 of 2 This Amendment 2 to EQUIPMENT LEASE AND MANAGEMENT OF A FEDERAL TRANSIT ADMINISTRATION GRANT agreement dated June 10, 2010 is by and between the Town of Chapel Hill and County of Orange,North Carolina. IN WITNESS WHEREOF, the parties hereunto cause this agreement to be executed in their respective names. COUNTY OF ORANGE,NORTH CAROLINA z4jl 01)Ai 411�J ✓I�t JCej'_ SIGNATURE PRINTED NAME& TITLE S. L WI SS P TED NAME&TITj9 TOWN OF CHAP ILL DEPARTMENT HEA Brian Utchfl ,Transit Director PRINTED NAME&DEPARTMENT ATTEST B LERK: T CLERK s TOWN SEAL Town Clerk attests date this the day of %Uq • , 20_*. Appr ed as to Form and Authorization HI TO LEGAL ST FF This instrument en re-audited in the manner required by the Local Government Budget and Fisca o of 8816 FIN CE OFFI ER DATE Amendment Revised 5/2016 Page 2 of 2