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and Centerville hereby agrees,through its departmental agencies,to cooperate to the <br /> fullest extent in the protection of any excavations or barricades that may be necessary for <br /> the work performed by Lino Lakes. <br /> C. Lino Lakes agrees to notify and coordinate with businesses in Lots 7,8 <br /> and 9 of the Centerville Industrial Park(along the existing gravel segment of 21a <br /> Avenue) as early as practical the construction schedule of the Project. <br /> 2. Construction costs and design engineering shall be divided proportionally, <br /> 50%to Lino Lakes and 50%to Centerville,for the Project. Legal,administrative and <br /> construction engineering costs shall be paid separately by each City. <br /> 3. Each city has the right to terminate Agreement prior to award of <br /> construction contract. <br /> 4. Each municipality shall be solely responsibly for their share of the costs of <br /> the Project. Each municipality shall be responsible for the sale of bonds,if any, and levy <br /> of special assessments against properties within their cities boundaries. <br /> 5. City of Lino Lakes shall receive,from the City of Centerville,monthly <br /> payments,as certain portions of the construction are completed. The Project amounts are i <br /> then due and payable for work completed. Upon completion of the entire Project,the <br /> City of Lino Lakes shall prepare a final cost statement and submit it to the City of <br /> Centerville. Payment of the statement shall be completed within 45 days upon receipt of <br /> the statement. <br /> 6. Before this Agreement shall become binding and effective it shall be <br /> approved by an appropriate resolution of the City Council of Lino Lakes and of the City <br /> Council of Centerville,which shall be attached hereto as Exhibits B and C,respectively. <br /> 3 <br />