09-28-15 Regular Meeting of La Porte City Council

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MEMORANDUM OF AGREEMENT This Memorandum of Agreement (MOA) is made by and entered into this ____ day of__________, 2015 (the Effective Date) between the City of La Porte, Texas, a home-rule municipality under the laws of the State of Texas (the City) and the Bay Point Townhome Homeowners Association, a Texas nonprofit corporation, (BPTOA), to establish each , as defined herein. The terms acceptable to both Parties to begin the Community Cooperation Project are as follows: The City and BPTOA agree that the Community Cooperation Project shall consist of the construction of a neighborhood entryway monument. The monument is proposed to be comprised of two composite plastic signs (approximately 8 ) with wooden/metal columns on both sides of the sign. The total estimated cost of the Project is $10,000.00. The City responsibilities for the Improvements are limited to: Procurement of the sign. Assistance in procuring and selecting landscape material, as budget allows The BPTOA responsibilities for the Improvements will include: Construction oversight and installation of the sign Procurement of any supplies required for completion of installation of sign, such as concrete and any other equipment necessary Installation of any and all landscaping and lighting, as budget allows. The BPTOA shall be responsible for the scheduling of work and installation of all Improvements. T Pto $5,000.00, which is the maximum funding amount allowed under this program. The BPTOA5,000.00. Upon completion of the Improvements, the neighborhood entryway monument will be owned, operated, and maintained by BPTOA. The City assumes no ongoing maintenance responsibility for the Improvements once completed, and is not responsible for contributing towards the cost of replacement of the Improvements if damaged or destroyed. Furthermore, BPTOA agrees to release, indemnify, and hold harmless City from any liability in connection with claims for damages or loss brought against City in relation to the purchase, installation, or condition of the Improvements. This MOA constitutes the complete understanding between the parties in order to begin the procurement and installation process for the Project.