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City at the time of billing. The City's share of the cost of the project shall include construction <br />expense and administrative expenses incurred by the County. <br />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 one hundred percent <br />(100 %) charged will be made in the form of credit or additional charges to the City's share. <br />Additionally, the administrative reimbursement of the actual costs incurred by the County shall <br />be paid. For estimation purposed this is assumed to be 2% of the construction estimate. <br />The total estimated construction cost and administrative fees to the City (less Federal <br />Funds) for the project is $284,860.80. <br />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 all trails and sidewalks, including snow plowing, shall be the sole <br />responsibility of the City. <br />3 <br />9�6 <br />