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09-08-2004 Council Agenda
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09-08-2004 Council Agenda
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86597 <br />the final cost of the City participation covered under this Agreement <br />exceeds the amount of funds advanced by the City, the City shall, <br />upon receipt of a request from the State, promptly pay the difference <br />to the State without interest. If the final cost of the City <br />participation covered under this Agreement is less than the amount of <br />funds advanced by the City, the State shall promptly return the <br />balance to the City without interest. <br />Pursuant to Minnesota Statutes Section 15.415, the State waives claim <br />for any amounts less than $5.00 over the amount of City funds <br />previously advanced to the State, and the City waives claim for the <br />return of any amounts less than $5.00 of those funds advanced by the <br />City. <br />Section C. Acceptance of City's Cost and Completed Construction <br />The computation by the State of the amount due from the City shall be <br />final, binding and conclusive. Acceptance by the State of the <br />completed contract construction shall be final, binding and <br />conclusive upon the City as to the satisfactory completion of the <br />contract construction. <br />ARTICLE V - GENERAL PROVISIONS <br />Section A. Plan Changes <br />The City may request changes in the plans. If the State determines <br />that the requested plan changes are necessary or desirable, the State <br />will cause those plan changes to be made. <br />Section B. Replacement of Castings <br />The City shall furnish the State's contractor with new castings and <br />parts for all inplace City -owned facilities constructed hereunder <br />when replacements are required, without cost or expense to the State <br />8 <br />9 <br />
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