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<br />Anoka County Contract No.2006-0558 <br /> <br />3. The total estimated construction cost to the City (less Federal Funds) for the project is <br />$ $1,173,874.07 as shown on the attached Exhibits A and B. The City participation <br />in construction engineering will beat a rate of eight percent (8%) of their designated <br />share. The estimated cost to the City for construction engineering is $131,413.34. <br />The grand total estimated construction cost to the City for the Project is <br />$1,305,287.41. <br /> <br />4. Upon award of the contract, the City shall pay to the County, upon written demand by <br />the County, twenty percent (20%) of its portion of the cost of the project estimated at <br />$261,057.48. The City shall pay an additional thirty percent (30%) estimated at <br />$391,586.22 to the County on June 1,2007 and forty-five percent (45%) estimated at <br />.$587,379.33 on June 1,2008. The City's share of the construction cost of the project <br />shall include only construction and construction engineering expense and does not <br />include administrative expenses incurred by the County. <br /> <br />5. Upon final completion of the project, the City's share of the construction cost will be <br />based upon actual construction costs. If necessary, adjustments to the initial ninety <br />five percent (95%) charged will be made in the form of credit or additional charges to <br />the City's share. Also, the remaining five percent (5%) estimated at $65,264.37 of the <br />City's portion of the construction costs shall be paid. <br /> <br />B. Design <br /> <br />The City shall be responsible for design costs for. plan changes and additions the City <br />requested following the approval of the Memorandum of Understanding. The following <br />changes/additions have been requested by the City: <br /> <br />1. Analyze and provide plans for CSAH 54 south of CSAH 14 using a rural <br />design for an office park development on the west side of CSAH 54. The City's <br />cost for this design is $6,550.00 <br /> <br />2. Analyze and provide layouts for CSAH 54 south of CSAH 14 as an urban <br />section. The City's cost for this design is $5,200.00 <br /> <br />3. Incorporate Streetscape plan and specifications into Project. The City's <br />estimated cost for this design is $6,800.00 <br /> <br />4. The total estimated design cost for the City is $18,550.00. <br /> <br />6. Upon award of the contract, the City shall pay to the County, upon written demand by <br />the County, on hundred percent (100%) of its portion of the design cost of the project <br />estimated at $ 18,550.00. The City's share of the design cost of the project shall <br />include only design engineering expense and does not include administrative <br />expenses incurred by the County. <br /> <br />6 <br /> <br />~ <br />