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• <br />• <br />• <br />Contract # 2009 -0503 <br />upon receipt of an Invoice from Anoka County ( "City's Share "). The first payment will be made in <br />Calendar 2009 and the other in calendar 2010. The City's Share shall not be reduced if the cost of <br />this corridor study is less than the Estimated Cost. <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 by each <br />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 County in <br />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 disbursements shall be <br />made upon request by either party. <br />VIII. TERMINATION <br />This Agreement may be terminated by either party at any time, with or without cause, upon not less <br />than thirty (30) days written notice delivered by mail or in person to the other party. If notice is <br />delivered by mail, it shall be deemed to be received two (2) days after mailing. Such termination <br />shall not be effective with respect to any solicitation of bids or any purchases of services or goods, <br />which occurred prior to such notice of termination. The City shall pay its pro rata share of costs, <br />which the County incurred prior to such notice of termination. <br />IX. NOTICE <br />For purposes of delivery of any notices hereunder, the notice shall be effective if delivered to the <br />County Administrator of Anoka County 2100 Third Avenue North, Anoka, Minnesota 55303, on <br />behalf of the County, and the City Administrator of Lino Lakes, 600 Town Center Pkwy, Lino <br />Lakes, MN 55014, on behalf of the City. <br />X. INDEMNIFICATION <br />The City and the County mutually agree to indemnify and hold harmless each other from any <br />claims, losses, costs, expenses or damages resulting from the acts or omissions of the respective <br />officers, agents, or employees relating to activities conducted by either party under this Agreement. <br />XI. ENTIRE AGREEMENT REQUIREMENT OF A WRITING <br />It is understood and agreed that the entire agreement of the parties is contained herein and that this <br />Agreement supersedes all oral agreements and all negotiations between the parties relating to the <br />subject matter thereof, as well as any previous agreement presently in effect between the parties to <br />2 <br />