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<br />1. Centerville is responsible for the design and construction of both the portion of <br />the Project located within Centerville and the portion of the Project located within <br />Lino Lakes. Therefore, the parties agree that: <br /> <br />a. Centerville shall design the Project, administer the construction and <br />conduct inspections of the construction process. Lino. Lakes shall have the <br />right to inspect, review and comment upon construction of the Project. <br />Lino Lakes shall have ,the right to review and approve the final plans and <br />specifications prior to advertisement for bids. <br /> <br />b.' For purposes of performing its obligations under this Agreement, Lino <br />Lakes hereby grants to Centerville the rights to use the streets, public <br />ways, and easements of Lino Lakes for purposes of constructing the <br />Project, including any excavations necessary to perform work incidental to <br />the performance of this agreement; and Centerville hereby agrees, through <br />its departmental agencies, to cooperate to the fullest extent in the <br />protection of any excavations or barricades that may be necessary for the <br />work performed by Centerville. <br /> <br />c. Centerville agrees to notify and coordinate with businesses in Lino Lakes <br />that are located along 21 st Avenue as early as practical to review the <br />construction schedule of the Project. . <br /> <br />d~ Centerville and Lino Lakes will each acquire the necessary right of way to <br />permit the construction of the street extension. <br /> <br />2. Lino Lakes shall contribute $150,000 as its share of the project and may collect its <br />share as a special assessment against benefited property owners of Lino Lakes. <br />The remaining portion of the project shall be paid by Centerville who may <br />specially assess all or a portion of its share from benefiting property owners of <br />Centerville. Each municipality shall be responsible for the sale of bonds, if any, <br />and levy of special assessments against properties within their cities boundaries. <br /> <br />3. Each city has the right to terminate this Agreement prior to award of a <br />construction contract. <br /> <br />4. City of Centerville shall receive, from the City of Lino Lakes, $75,000 within 30 <br />days of award. of a construction contract and the remaining $75,000 within 30 <br />days of completion of the pavement wear course. <br /> <br />5. Before this Agreement shall become binding and effective it shall be approved by <br />an appropriate resolution of the City Council of Centerville and of the City <br />Council of Lino L~es, which shall be attached hereto as Exhibits B and C, <br />respectively. <br /> <br />~7 <br />