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IV. TERM <br />This Agreement shall continue until terminated as provided hereinafter. <br />V. DISBURSEMENT OF FUNDS <br />All funds disbursed by the County or City pursuant to this Agreement shall be disbursed <br />by each entity pursuant to the method provided by law. <br />VI. CONTRACTS AND PURCHASES <br />All contracts let and purchases made pursuant to this Agreement shall be made by the <br />City and County in conformance to the State laws. <br />VII. STRICT ACCOUNTABILITY <br />A strict accounting shall be made of all funds and report of all receipts and shall be made <br />upon request by either party. <br />VIII. TERMINATION <br />This Agreement may be terminated by either party at any time, with or without cause, <br />upon not less than thirty (30) days written notice delivered by mail or in person to the other <br />party. If notice is delivered by mail, it shall be deemed to be received two days after mailing. <br />Such termination shall not be effective with respect to any solicitation of bids or any purchases <br />of services or goods, which occurred prior to such notice of termination. The City shall pay its <br />pro rata share of costs which the County incurred prior to such notice of termination. <br />IX. MAINTENANCE <br />A. Maintenance of the completed watermain, sanitary sewer, storm sewer, and detention <br />basins (including ponds and their outlet structures and grit chambers /collectors) shall be <br />the sole obligation of the City. <br />B. Maintenance of all trails and sidewalks, including snow plowing, shall be the sole <br />responsibility of the City. <br />C. Maintenance of streetlights and cost of electrical power to the streetlights shall be the sole <br />obligation of the City. <br />D. Maintenance of the completed signals and signal equipment shall be determined by <br />separate agreement (MnDOT Agreement 94607M or its successor). <br />4 <br />