2006-079 Council Resolution - Laserfiche WebLink

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• NOW, THEREFORE, in consideration of the mutual undertakings herein expressed, Lino Lakes and Centerville agree as follows: 1. Centerville is responsible for the design and construction of both the portion of the Project located within Centerville and the portion of the Project located within Lino Lakes. Therefore, the parties agree that: a. Centerville shall design the Project, administer the construction and conduct inspections of the construction process. Lino Lakes shall have the right to inspect, review and comment upon construction of the Project. Lino Lakes shall have the right to review and approve the final plans and specifications prior to advertisement for bids. b. For purposes of performing its obligations under this Agreement, Lino Lakes hereby grants to Centerville the rights to use the streets, public ways, and easements of Lino Lakes for purposes of constructing the Project, including any excavations necessary to perform work incidental to the performance of this agreement; and Centerville hereby agrees, through its departmental agencies, to cooperate to the fullest extent in the protection of any excavations or barricades that may be necessary for the work performed by Centerville. c. Centerville agrees to notify and coordinate with businesses in Lino Lakes that are located along 21St Avenue as early as practical to review the construction schedule of the Project. d. Centerville and Lino Lakes will each acquire the necessary right of way to permit the construction of the street extension. 2. Lino Lakes shall contribute $150,000 as its share of the project and may collect its share as a special assessment against benefited property owners of Lino Lakes. The. remaining portion of the project shall be paid by Centerville who may specially assess all or a portion of its share from benefiting property owners of Centerville. Each municipality shall be responsible for the sale of bonds, if any, and levy of special assessments against properties within their cities boundaries. 3. Each city has the right to terminate this Agreement prior to award of a construction contract. • • 4. City of Centerville shall receive, from the City of Lino Lakes, $75,000 within 30 days of award of a construction contract and the remaining $75,000 within 30 days of completion of the pavement wear course.