1998-03-20 Packet w/o Agenda - Laserfiche WebLink

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construction of Phase I of the Project. Centerville shall have the right to review and approve the final plans and specifications prior to advertisement for bids. Both Either city shall have the right to initiate and administer future phases of the project. Furthermore, both cities shall have the right to approve the final plans and specifications on future phases constructed south or north of Phase I. the grejeet. C. Lino Ickes agrees to notify and coordinate with businesses in Lots 7, S, and 9 of the Industrial Park (along the existing gravel segment of 21st Avenue) as early as practical the construction schedule for Phase I of the Project. 2. Construction costs shall be divided proportionately, 50 % to Lino Lakes and 50% to Centerville, for Phase I and all future phases. Overhead costs shall be determined by Negotiation prior to preparation of plans and specifications. between Line 4�s and Geawryi4e Y Y" ) 1.. r 59% a.. T i tte T . k __d 60% wo GEnterviR e. S. sic The non - administering city shall pay to Late• Lakes the initiating, administering city monthly, as certain portions of the construction are completed, the Project amounts then due and payable for work completed. Upon completion of the entire Project, Centerville will make the final payment after receiving the final cost statements from Lino Lakes for the completed Project. Reimbursement for overhead costs shall be made when each phase of the project is complete and final. 6. Regardless of which city initiates future phases of the project, prior to the start of generating plans and specifications, each municipality shall obtain property or right - of -way easements within their municipal boundaries for the Prejeet and the costs for said easements shall be paid separately by each city. O:Vroj\802690\690.1806.m .ag,eemo t Page 2