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10-22-18-R
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10-22-18-R
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MnDOT Contract No: 1031738 <br /> <br /> -4- <br /> <br />Receivable Standard (Cooperative Agreements) <br />5. City Cost and Payment by the City <br />5.1. City Cost. $413,181.89 is the City's estimated share of the costs of the contract construction, and the 8 <br />percent construction engineering cost share as shown in the Preliminary Schedule "I". The Preliminary <br />Schedule "I" was prepared using estimated quantities and unit prices, and may include any credits or lump <br />sum costs. Upon award of the construction contract, the State will prepare a Revised Schedule "I" based on <br />construction contract unit prices, which will replace and supersede the Preliminary Schedule "I" as part of <br />this Agreement. <br />5.2. Conditions of Payment. The City will pay the State the City's total estimated construction and construction <br />engineering cost share, as shown in the Revised Schedule "I", after the following conditions have been met: <br />A. Execution of this Agreement and transmittal to the City, including a copy of the Revised Schedule "I". <br />B. The City's receipt of a written request from the State for the advancement of funds <br />5.3. Acceptance of the City's Cost and Completed Construction. The computation by the State of the amount <br />due from the City will be final, binding and conclusive. Acceptance by the State of the completed contract <br />construction will be final, binding and conclusive upon the City as to the satisfactory completion of the <br />contract construction. <br />5.4. Final Payment by the City. Upon completion of all contract construction and upon computation of the final <br />amount due the State's contractor, the State will prepare a Final Schedule "I" and submit a copy to the City. <br />The Final Schedule "I" will be based on final quantities, and include all City participation construction items <br />and the construction engineering cost share covered under this Agreement. If the final cost of the City <br />participation construction exceeds the amount of funds advanced by the City, the City will pay the <br />difference to the State without interest. If the final cost of the City participation construction is less than the <br />amount of funds advanced by the City, the State will refund the difference to the City without interest. <br />The State and the City waive claims for any payments or refunds less than $5.00 according to Minnesota <br />Statutes § 15.415. <br />6. Authorized Representatives <br />Each party's Authorized Representative is responsible for administering this Agreement and is authorized to give <br />and receive any notice or demand required or permitted by this Agreement. <br />6.1. The State's Authorized Representative will be: <br />Name/Title: Malaki Ruranika, Cooperative Agreements Engineer (or successor) <br />Address: 395 John Ireland Boulevard, Mailstop 682, St. Paul, MN 55155 <br />Telephone: (651) 366-4634 <br />E-Mail: malaki.ruranika@state.mn.us <br /> <br />6.2. The City's Authorized Representative will be: <br />Name/Title: Sue Polka, Public Works Director/City Engineer (or successor) <br />Address: 1245 West Highway No. 96, Arden Hills, MN 55112 <br />Telephone: (651) 792-7846 <br />E-Mail: spolka@cityofardenhills.org <br /> <br />7. Assignment; Amendments; Waiver; Contract Complete <br />7.1. Assignment. Neither party may assign or transfer any rights or obligations under this Agreement without the <br />prior consent of the other party and a written assignment agreement, executed and approved by the same <br />parties who executed and approved this Agreement, or their successors in office.
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