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This agreement outlines the collaboration between the City of Portland and TriMet for the funding and execution of roadway improvement projects aimed at enhancing public transportation in the Central City. It details the identified projects, funding amounts, and compliance requirements under the Statewide Transportation Improvement Fund.
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An intergovernmental agreement is a formal agreement between two or more governments, usually aimed at fostering cooperation and coordination on certain issues, policies, or operational matters.
Typically, government entities, state agencies, or local jurisdictions that wish to engage in cooperative activities or initiatives that require formal recognition and compliance are required to file an intergovernmental agreement.
To fill out an intergovernmental agreement, relevant parties must outline the terms of collaboration, specify the obligations of each party, include details of the funding, establish a timeline, and ensure compliance with legal standards. It is essential to consult legal counsel to ensure accuracy.
The purpose of an intergovernmental agreement is to provide a legal framework for collaboration between governments on shared objectives, enabling them to pool resources, share information, and improve service delivery for their constituents.
Information that must be reported on an intergovernmental agreement includes the names of the parties involved, the purpose of the agreement, the duration, specific terms and conditions, financial arrangements, and any relevant statutory references.
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