Interlocal Cooperation Agreement for Traffic Regulation In Special Districts

This contract is an Interlocal Cooperation Agreement between Collin County, Texas, and Magnolia Pointe Municipal Utility District No. 1 for traffic regulation in special districts. The agreement allows Collin County to extend its traffic regulations to public roads within the District, and the District will be responsible for the costs of all signs and other means of posting traffic regulations. The contract has a term of 3 years and will automatically renew for 5-year terms unless cancelled by either party. The key points of this contract include: • The agreement allows Collin County to regulate traffic on public roads within the District. • The District will be responsible for the costs of all signs and other means of posting traffic regulations. • The contract has a term of 3 years and will automatically renew for 5-year terms unless cancelled by either party. • The agreement supersedes all prior negotiations, representations, or agreements, either written or oral. • The contract can be terminated by either party with 30 days' written notice.