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2021/07/30 Riverside, County Cooperative Agreement for Roadway and Signal Improvements at the Improvements at the Intersection of Leon Road and Scott Road (pending all signatures, not completed)COOPERATIVE AGREEMENT between COUNTY OF RIVERSIDE, RIVERSIDE MITLAND 03 LLC (BROOKFIELD RESIDENTAL) BEAZER HOMES — SOUTHERN CALIFORNIA, INSTITUTIONAL HOUSING PARTNERS (IHP) DBA GLOBAL INVESTMENT POOL, LLC, CITY OF MENIFEE, and PERRIS UNION HIGH SCHOOL DISTRICT for Roadway and Signal Improvements at the Intersection of Leon Road and Scott Road This Cooperative Agreement ("Agreement") entered into this _ day of 2021 by and between the County of Riverside, by and through its Department of Transportation ("County"), Riverside Mitland 03 LLC (Brookfield) ("Brookfield"), Beazer Homes — Southern California ("Beazer"), Global Investment Pool, LLC ("IHP"), City of Menifee ("City") and the Perris Union High School District ("District"), for the provision of certain roadway and signal improvements at the intersection of Leon Road and Scott Road. The County, Brookfield, Beazer, IHP, the City and the District are sometimes hereinafter referred to individually as "Party" and collectively as the "Parties." RECITALS WHEREAS, due to the District's planned construction of a new local high school, and the residential developments planned for construction by Brookfield, Beazer and IHP in the vicinity of the intersection all contributing to the traffic and increased use of surrounding roadways, the Parties have determined that there is great need for roadway and signal improvements ("Project Components") at the intersection of Leon Road and Scott Road, as further described in Exhibit A ("Scope of Work"); WHEREAS, the District has already conducted a public bidding process and contracted for the work required for the construction of the roadway and signal improvements at the intersection ("Project") in connection with the planning and construction of the new high school; WHEREAS, the Parties desire to designate the County as the lead agency for the Project, for purposes of compliance with the California Environmental Quality Act ("CEQA"); WHEREAS, the Parties desire to share in the funding for the Project as defined herein; and WHEREAS, the Parties desire to define herein the terms and conditions under which the Project is to be administered, coordinated, constructed, managed, maintained and funded. AGREEMENT NOW THEREFORE, in consideration of the mutual covenants and subject to the conditions contained herein, the Parties hereby agree as follows: SECTION 1 : DISTRICT AGREES: To fund up to $692,650.00 toward the cost of the Project, as described in Exhibit A attached hereto and incorporated by this reference. The estimated cost for the Project and each Parry's share of costs are provided in Exhibit B attached hereto and incorporated herein. 2. That it has advertised, awarded and is administering a public works contract for the construction of the Project in accordance with applicable local agency public works bidding requirements, the Public Contract Code and California Labor Code. To act as the lead agency for purposes of administering, coordinating, and managing construction of the Project in accordance with the bid documents and the construction contract previously signed between the District and its contractor, Roadway Engineering ("Construction Contract"), executed on March 20, 2019. 4. To provide utility coordination for the Project construction. If any existing public and/or private utility facilities conflict with the Project construction, District shall make all necessary arrangements with the owners of such facilities for their protection, relocation, or removal. In the case that any utility companies are determined to have prior rights, the cost of relocating utilities shall be borne by the Project and such costs will be divided between the Parties as specified in Section 7.4, below. To take all required actions, including but not limited to, checking shop drawings, preparing estimates and reports, preparing as -built drawings, and other inspection and staff services necessary to assure that the construction is performed in accordance with the Construction Contract. 6. To construct the Project in accordance with the approved plans and specifications and Construction Contract. 2 7. In addition to the $692,650.00 share of the Project cost the District agrees to assume on its own behalf, the District also agrees to assume responsibility for the payment of IHP's share of the Project costs, as described in Section 5.1, below. To furnish all Parties with a final reconciliation of the Project expenses within one hundred twenty (120) days following the filing of the notices of completion for the Project. SECTION 2 : COUNTY AGREES: To fund up to $300,000.00 toward the cost of the Project, which amount includes the costs attributable to CEQA review and approval described in Section 2.5, below. 2. To collect the amounts owed by each Party and retain such amounts in an interest bearing escrow account ("County Account"), until reimbursed to the District as described in Section 2.3, below. The County shall collect a total of $1,101,350.00, and maintain such funds in the County Account until they are reimbursed in full to the District pursuant to Section 2.3. 3. To reimburse the District in the amount of $1,101,350.00 from the County Account within sixty (60) business days of receipt of full payment from the final Party to provide payment under this Agreement in accordance with Sections 7.3 and 7.4, below, and receipt of wire instructions from the District, whichever occurs later. 4. Notify Beazer within ten (10) business days of the County's receipt of this fully executed Agreement, in a letter stating that any and all conditions of approval for the traffic signal and widening improvements that are the subject of this agreement have been satisfied. 5. To serve as the lead agency for, and conduct all acts required for compliance with CEQA. 6. To provide plan check services for the plans, specifications and estimates for the portion of the Project that includes the traffic signal within the County right-of-way, prepared by the District. 7. To maintain the finished Project components that are within the County's right-of-way. SECTION 3 : BROOKFIELD AGREES: To fund up to $406,350.00 toward the cost of the Project, to be deposited into the County Account pursuant to Sections 7.3 and 7.4 of this Agreement. Further, Brookfield agrees that any such amounts deposited in the County Account pursuant to this Agreement shall be reimbursed to the District by the County pursuant to the terms of this Agreement. SECTION 4 : BEAZER AGREES: To fund up to $165,000.00 toward the cost of the Project, to be deposited into the County Account pursuant to Sections 7.3 and 7.4 of this Agreement. Further, Beazer agrees that any such amounts it deposits in the County Account pursuant to this Agreement shall be reimbursed to the District by the County pursuant to the terms of this Agreement. SECTION 5 : IHP AGREES: That while it is responsible for 33% of the cost of the Project under this Agreement through its existing Condition of Approval for Tract Map 36785, pursuant to that certain Amended and Restated School Facilities Funding and Mitigation Agreement ("A&R Mitigation Agreement") executed between the District and Global Investment Pool, LLC on June 12, 2019, the District agreed to assume responsibility for IHP's share of costs under this Agreement as specified in Section 6.6 of the A&R Mitigation Agreement. The District's total costs for the Project, including its own share of cost for the Project as specified in Section 1.1 and Exhibit B to this Agreement, shall not exceed $692,650.00. Should the total sum of the District's and IHP's shares of the Project costs, as shown in Exhibit B, exceed $692,650.00 IHP shall be responsible for depositing such additional amount into the County Account as specified in Sections 7.3 and 7.4 below. SECTION 6 : CITY AGREES: To fund up to $230,000.00 toward the cost of the Project, to be deposited into the County Account pursuant to Sections 7.3 and 7.4 of this Agreement. Further, the City agrees that any such amounts it deposits in the County Account pursuant to this Agreement shall be reimbursed to the District by the County pursuant to the terms of this Agreement. 2. To maintain the finished Project Components that are within the City's right-of-way. SECTION 7: IT IS MUTUALLY AGREED AS FOLLOWS: The total cost of the Project is estimated to be $1,794,000.00, including built-in contingencies, as detailed in Exhibit B. 2. Upon full execution of this Agreement by all Parties, the District will send the County a fully executed version of this Agreement by email and certified mail. Within twenty (20) business days of the County's receipt of the fully executed Agreement, it shall send wiring instructions and a fully executed copy of the Agreement to each Party. Each Party agrees to deposit into the County Account its share of the Project costs, as specified in Exhibit B, within twenty (20) business days of receipt of wiring instructions from the County. 4. Each Party that fails to deposit its specified share of the Project costs in the County Account within the time specified in Section 7.3 above, shall be responsible for a late fee of $500.00, per day, for each day, from the twentieth (20t') business day after the date the County sent the fully executed Agreement and wiring instructions, until the full amount of that Party's share of the Project costs is deposited into the County Account. The District shall not be 4 required to begin construction on the Project until the County has confirmed in writing the receipt of all amounts owed under this Agreement. Cost Underruns and Cost Overruns A. Cost Underruns The Parties agree that should circumstances arise which result in a decrease in costs resulting in a surplus as compared to those costs shown in Exhibit B ("Cost Underruns"), such Cost Underruns shall be distributed among the Parties in proportion to their contributions to the Project, as set forth in Exhibit B, unless all Parties mutually agree to another distribution methodology. Cost Underruns, if any, shall be distributed from the County Account within one hundred twenty (120) days after certificates of completion are filed for the Project. B. Cost Overruns The District, County, Brookfield, Beazer and IHP agree that should circumstances arise which result in an excess of costs as compared to those costs shown in Exhibit B ("Cost Overruns"), such parties agree to meet in good faith to determine how such Cost Overruns will be distributed among them. The District, County, Brookfield, Beazer and IHP agree to meet within ninety (90) days of the District's remittance of its final reconciliation of the Project costs, which final reconciliation shall be provided by District to each Party within one hundred twenty (120) days after certificates of completion are filed for the Project. If there are Cost Overruns, supplemental payments from the District, County, Brookfield, Beazer, and/or IHP shall be made once a proportional distribution is agreed to by such parties. Such supplemental payments to cover Cost Overruns shall be paid within thirty (30) days of reaching agreement as to proportionate distribution. The City is under no obligation to participate in the meeting regarding Cost Overruns described above and will not be required to contriubute to Cost Overruns. 6. Indemnification A. Basic Indemnity 1. The District agrees to defend, indemnify, and hold harmless (i) the County, its Agencies, Districts, Departments and Special Districts, Board of Supervisors, elected and appointed officials, and each of their respective directors, members officers, employees, agents, volunteers and representatives ("County Indemnitees"), and (ii) the City, its Boards, Commissions, Committees, City Council, elected and appointed officials, and each of the City's employees, agents, volunteers and representatives ("City Indemnitees"; collectively the "City Indemnitees" and the "County Indemnitees" are referred to as the "Indemnitees") and each of them from any and all Losses (as defined below) that arise out of or relate to any act or omission constituting ordinary negligence, recklessness, or willful misconduct on the part of District or its contractors, subcontractors or their respective employees, agents, representatives, or independent contractors. 2. "Loss" and/or "Losses" shall mean any and all economic and non -economic losses, costs, liabilities, claims, damages, actions, judgements, settlements and expenses, including, without limitation, full and actual attorney's fees and expert witness fees. 3. District further agrees to and shall indemnify and hold harmless the Indemnitees from all liability arising from suits, claims, demands, actions, or proceedings made by agents, employees or subcontractors of District for salary, wages, compensation, health benefits, insurance, retirement or any other benefit not explicitly set forth in this contract and arising out of work performed pursuant to this contract. B. Indemnity for Design Professional Services 1. To the fullest extent permitted by Applicable Law, District agrees to defend the County (if the Loss is alleged against or sustained by the County) and/or the City (if the Loss is alleged against or sustained by the City), indemnify and hold harmless the Indemnitees, and each of them, against any and all Losses that arise out of, pertain to, or relate to, any negligence, recklessness or willful misconduct constituting professional negligence on the part of the District's contractors or subcontractors, or their respective employees, agents, representatives, or independent contractors. 2. Without affecting the rights of Indemnitees under any other provision of this Agreement, District shall not be required to indemnify or hold harmless or provide defense or defense costs to an Indemnitee to the extent a Loss is determined to be due to that Indemnitee's negligence, recklessness or willful misconduct. 3. District's indemnification obligations under this Agreement shall not be limited by the amount or type of damages, compensation or benefits payable under any policy of insurance, workers' compensation acts, disability benefit acts or other employee benefit acts. C. CEQA Indemnity 1. The District and the County agree to defend, indemnify, and hold harmless the City and City Indemnitees from any and all Losses that arise out of or relate to any act or omission constituting negligence, recklessness, or willful misconduct on the part of County or its subcontractors or their respective employees, agents, representatives, or independent contractors, for any work arising out of or relating to the performance of any work, obligations or responsibilities under the California Environmental Quality Act (Pub. Res. Code § 21000 et seq.). 7. Insurance 6 A. Without limiting or diminishing the indemnification obligations in Section 7, above, District agrees to procure and maintain or cause the Project contractor to maintain, at its sole cost and expense, the following insurance coverage's during the term of this Agreement. As respects to the insurance section only, (i) the County herein refers to the County of Riverside, its Agencies, Districts, Special Districts, and Departments, their respective directors, officers, Board of Supervisors, employees, elected or appointed officials, agents or representatives as Additional Insureds, and (ii) the City herein refers to the City of Menifee its Boards, Commissions, Committees, City Council, elected and appointed officials, and each of the City's employees, agents, volunteers and representatives as Additional Insureds. 1. Workers' Compensation: If the District has employees as defined by the State of California, the District shall maintain statutory Workers' Compensation Insurance (Coverage A) as prescribed by the laws of the State of California. Policy shall include Employers' Liability (Coverage B) including Occupational Disease with limits not less than $1,000,000 per person per accident. The policy shall be endorsed to waive subrogation in favor of the County of Riverside and the City of Menifee. 2. Commercial General Liability: Commercial General Liability insurance coverage, including but not limited to, premises liability, unmodified contractual liability, products and completed operations liability, personal and advertising injury, and cross liability overage, covering claims which may arise from or out of District's performance of its obligations hereunder. Policy shall name the County and City as Additional Insureds. Policy's limit of liability shall not be less than $1,000,000 per occurrence combined single limit. If such insurance contains a general aggregate limit, it shall apply separately to this agreement or be no less than two (2) times the occurrence limit. 3. Vehicle Liability: If vehicles or mobile equipment are used in the performance of the obligations under this Agreement, then District shall maintain liability insurance for all owned, non -owned or hired vehicles so used in an amount not less than $1,000,000 per occurrence combined single limit. If such insurance contains a general aggregate limit, it shall apply separately to this agreement or be no less than two (2) times the occurrence limit. Policy shall name the County and City as Additional Insureds. 4. General Insurance Provisions: a. Any insurance carrier providing insurance coverage hereunder shall be admitted to the State of California and have an A M BEST rating of not less than A: VIII (A:8) unless such requirements are waived, in writing, by the County Risk Manager and the City Risk Manager. If the County's Risk Manager and the City's Risk Manager each waive a requirement for a particular insurer such waiver is only valid for that specific insurer and only for one policy term. b. The District must declare its insurance self -insured retention for each coverage required herein. If any such self -insured retention exceed $500,000 per occurrence each such retention shall have the prior written consent of the County Risk Manager and the City Risk Manager before the commencement of operations under this Agreement. Upon notification of self -insured retention unacceptable to the County or the City, and at the election of the Country's Risk Manager and the City Risk Manager, District's carriers shall either; (i) reduce or eliminate such self -insured retention as respects this Agreement with the County and the City, or (ii) procure a bond which guarantees payment of losses and related investigations, claims administration, and defense costs and expenses. C. District shall cause the applicable insurance carrier(s) to furnish the County and the City with either 1) a properly executed original Certificate(s) of Insurance and certified original copies of Endorsements effecting coverage as required herein, and 2) if requested to do so orally or in writing by the County Risk Manager or the City's Risk Manager, provide original Certified copies of policies including all Endorsements and all attachments thereto, showing such insurance is in full force and effect. Further, said Certificate(s) and policies of insurance shall contain the covenant of the insurance carrier(s) that thirty (30) days' written notice shall be given to the County and the City prior to any material modification, cancellation, expiration or reduction in coverage of such insurance. In the event of a material modification, cancellation, expiration, or reduction in coverage, this Agreement shall terminate forthwith, unless the County and the City each receive, prior to such effective date, another properly executed original Certificate of Insurance and original copies of endorsements or certified original policies, including all endorsements and attachments thereto evidencing coverage's set forth herein and the insurance required herein is in full force and effect. District shall not commence operations until the County and City have each been furnished original Certificate(s) of Insurance and certified original copies of endorsements and if requested, certified original policies of insurance including all endorsements and any and all other attachments as required in this Section. An individual authorized by the insurance carrier to do so on its behalf shall sign the original endorsements for each policy and the Certificate of Insurance. d. It is understood and agreed to by the Parties hereto that the District's insurance shall be construed as primary insurance, and neither County's nor City's insurance and/or deductibles and/or self -insured retention's or self -insured programs shall not be construed as contributory. e. If, during the term of this Agreement or any extension thereof, there is a material change in the scope of services; or, there is a material change in the equipment to be used in the performance of the scope of work; or, the term of this Agreement, including any extensions thereof, exceeds five (5) years; County and City each reserve the right to adjust the types of insurance and the monetary limits of liability required under this Agreement, if in the County Risk Manager's or the City Risk Manager's reasonable judgment, the amount or type of insurance carried by the District has become inadequate. 8 f. District shall pass down the insurance obligations contained herein to all tiers of contractors and subcontractors performing work on or related to the Project. g. The insurance requirements contained in this Agreement may be met with a program(s) of self-insurance acceptable to the County and the City. h. District agrees to notify County and City of any claim by a third Party or any incident or event that may give rise to a claim arising from the performance of this Agreement. 8. Ownership and title to all materials, equipment, and appurtenances installed as part of this Agreement will automatically be vested with the jurisdiction for which the improvements reside. No further Agreement will be necessary to transfer ownership. 9. No alteration or variation of the terms of this Agreement shall be valid unless made in writing and signed by all Parties and no oral understanding or Agreement not incorporated herein shall be binding on either Party hereto. 10. All Parties shall retain, or cause to be retained, all records and accounts relating to the Project, for a period of three (3) years from the date of execution of this Agreement, for audit purposes. 11. This Agreement and the exhibits herein contain the entire Agreement between the Parties, and are intended by the Parties to completely state the Agreement in full. Upon completion of this Agreement, the Parties have no further obligations to each other; provided, however, that the indemnification and insurance requirements in Sections 7.6 and 7.7 shall remain in effect for a period of one (1) year following completion of the agreement, and the records retention requirements in Section 11 shall remain in effect for a period of 3 years from the date of execution of the Agreement (regardless of the timing for completion of the Agreement). Any Agreement or representation respecting the matters dealt with herein or the duties of any Party in relation thereto, not expressly set forth in this Agreement, is null and void. 12. Nothing in the provisions of this Agreement is intended to create duties or obligations to or rights in third Parties not Party to this Agreement or affect the legal liability of the Parties to this Agreement by imposing any standard of care with respect to the maintenance of roads different from the standard of care imposed by law. 13. This Agreement may be executed in any number of counterparts, each of which will be an original, but all of which together will constitute one instrument. Each Party of this Agreement agrees to the use of electronic signatures, such as digital signatures that meet the requirements of the California Uniform Electronic Transactions Act ("CUETA") (Cal. Civ. Code §§ 1633.1 to 1633.17), for executing this Agreement. The Parties further agree that the electronic signatures of the Parties included in this Agreement are intended to authenticate this writing and to have the same force and effect as manual signatures. Electronic signature means an electronic sound, symbol, or process attached to or logically associated with an electronic record and executed or adopted by a person with the intent to sign the electronic record pursuant to the CUETA as amended from time to time. The CUETA authorizes use of an electronic signature for transactions and contracts among Parties in California, including a government agency. Digital signature means an electronic identifier, created by computer, intended by the Party using it to have the same force and effect as the use of a manual signature, and shall be reasonably relied upon by the Parties. For purposes of this section, a digital signature is a type of "electronic signature" as defined in subdivision (i) of Section 1633.2 of the Civil Code. 14. All notices, demands, invoices, and other communications required or permitted hereunder shall be in writing and delivered to the following addresses or such other address as the Parties may designate. To County: Riverside County Transportation Department Attention: Mark Lancaster, Director of Transportation Address: 4080 Lemon Street, 8th Floor Riverside, CA 92501 Phone: (951) 955-6740 To Brookfield: Brookfield Residental Attention: Shaun Bowen Address: 3200 Park Center Drive, Suite 1000 Costa Mesa, CA 92626 Phone: (714) 200-1609 E-mail Address: shaun.bo_wen@brookfieldpropertiesdevelopment.com To Beazer: Beazer Homes Attention: Christopher Courtney Address:310 Commerce, #150 Irvine, CA 92602 Phone: (714) 264-1524 E-mail Address: chris.courtney@beazer.com To IHP: IHP DBA Global Investment Pool, LLC Attention: Joseph Rivani Global Investment Pool, LLC Address: 3470 Wilshire Blvd, Suite 1020 Los Angeles, CA 90010 Phone: (213) 365-0405 Attention: Jeff Enes IHP Capital Partners 10 100 Bayview Circle, Suite 1020 Newport Beach, CA 92660 Phone: (949) 851-2121 E-mail Address: ienes@ihpinc.com To City: City of Menifee Attention: Armando Villa, City Manager 29844 Haun Rd. Menifee, CA 92586 Phone: (951) 672-6777 E-mail Address: avilla(a_)cityof nenifee.us To District: Perris Union High School District Attention: Candace Reines, Assistant Superintendent of Business Services 155 East 4th Street Perris, CA 92570 Phone: (951)943-6369 E-mail Address: candace.reines@puhsd.org [Signatures of Parties on Following Page] 11 APPROVALS COUNTY OF RIVERSIDE: PERRIS UNION HIGH SCHOOL DISTRICT: Date: Name: Title: Director of Transportation APPROVED BY THE BOARD OF SUPERVISORS: Date: Name: _ Title: Chairman, County Board of Supervisors BROOKFIELD: Date: Name: Candace Reines Title: Assistant Superintendent Business Services APPROVED BY THE BOARD OF TRUSTEES: Date: Name: Dr. Jose Luis Araux Title: President, Board of Trustees IHP: Date: Date: Name: Name: Title: Title: BEAZER: CITY OMF Date: Date: 7 -3 0 -2 / Name: Name: ARMaNv 0 e-- • ✓1 L-t Title: Title: G rTy NJ-4"4 aGR-. APPROVED BY THE CITY COUNCIL: Date: Name Title: 12 EXHIBIT A — SCOPE OF WORK The County of Riverside Transportation Department ("County"), in partnering with the Perris Union High School District ("District"), Brookfield Homes ('Brookfield"), Beazer Homes ('Beazer"), Global Investment Pool LLC ("IHP"), and City of Menifee ("City"), has taken the role to act as the Lead Agency under the California Environmental Quality Act ("CEQA") for a proposed traffic signal and roadway improvements Project within Menifee, California. All Parties involved will contribute to an agreed upon monetary sum for the development of the Project, with the District being the Party responsible for carrying out the construction of the Project. The proposed Project was determined necessary due to planned construction of a new local high school and residential developments in the vicinity of the intersection that will contribute to the traffic and increased use of surrounding roadways. The proposed Project is as defined by the scope of work within the Construction Contract (further described in Section 1.3, above). No additional right-of-way will be required to construct the proposed improvements. No temporary construction easements ("TCEs") will be required. The Project improvements will be within the existing footprint of the roadway. 13 EXHIBIT B — PROJECT COST ESTIMATE District Share of Project I I $692,650.00 Costs Amount to be Deposited in County Account County City Brookfield Beazer IHP Totals: $300,000.00 $230,000.00 $406,350.00 $165,000.00 * $1,794,000.00 $300,000.00 $230,000.00 $406,350.00 $165,000.00 $1,101,350.00 * Pursuant to that certain Amended and Restated School Facilities Funding and Mitigation Agreement executed June 12, 2019, between the District and Global Investment Pool, LLC the District has agreed to assume responsibility of payment of IHP's share of the costs for the Project. 628-117/6116082.1 14