RES 98088 - Laserfiche WebLink

board or council of each Party. Section 17. Interpretation of Agreement Nothing in this Agreement shall be construed to hold any Party liable to any other Party, or any person not a party hereto, for the design, construction, installation, inspection, operation, maintenance and/or repair of any of the Transportation Improvement Proiects because the first Party collected TVTD Fees that were used for the design, construction, installation, inspection, operation, maintenance and/or repair of any Transportation Improvement Proiect. This Agreement is designed to implement the subvention or disbursement of public funds from one public agenc3.~ to another and accordingly is not an agreement as defined in Government Code §895. A Party is not liable to another Party for the inadvertent failure or legal inability to collect a TVTD Fee. Section 18. Term of Atrteement This Agreement shall remain in effect from the Effective Date in the opening paragraph until the Projects listed in Section 8 have been fully constructed and/or acquired. The TVTD Fee to be adopted by the Parties shall remain in effect until the Transportation Improvement Projects are fully constructed and/or acquired. Notwithstanding the preceding paragraph, any Party may withdraw from the Agreement and terminate its TVTD Fee by giving written notice to all Parties within 30 calendar days of the unanimous vote by the TVTC forwarding the Circulation Draft of the first amendment of the SEP (see Section 11 (b)), provided no such withdrawal or termination of Fee collection shall become effective until the full amount of the Parties' Local Match payments for the I-580/680 Proiect described in Section 8(a) has been made to ACTA and the reimbursements for the 1-580/680 Proiect provided in Section 7(d) and (e) have been made. Joint Exercise of Powers Agreement Page 18 of 21 TVTD Fees for Traffic Mitigation June 2, 1998