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Anoka County Contract No.2006 -0557 <br />7 Streetscape Features $0.00 <br />8 Driveways $0.00 <br />9 Concrete Sidewalk $0.00 <br />10 Trails $455,496.00 <br />11 Street Lights $0.00 <br />12 Traffic Signals $0.00 <br />13 EVP $0.00 <br />14 Mobilization, Field Office $21,450.00 <br />15 Traffic Control $2,850.00 <br />16 Bridge $25,122.00 <br />Total Estimated Share of Construction Cost To The $625,440.08 <br />City <br />Estimated Federal Funds available to the City $294,382.80 <br />Total Cost less Federal Funds $331,057.28 <br />Total Construction Cost to City $331,057.28 <br />The total estimated construction cost to the City (less Federal Funds) for the project is $ <br />331,057.28 as shown on the attached Exhibits A and B. The City participation in construction <br />engineering will be at a rate of eight percent (8 %) of their designated share. The estimated cost <br />to the City for construction engineering is $50,035.21. The grand total estimated construction <br />cost to the City for the Project is $ $381,092.49. <br />Upon award of the contract, the City shall pay to the County, upon written demand by the <br />County, ninety five percent (95 %) of its portion of the cost of the project estimated at $ <br />$362,037.86. The City's share of the construction cost of the project shall include only <br />construction and construction engineering expense and does not include administrative expenses <br />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 ninety five percent <br />(95 %) charged will be made in the form of credit or additional charges to the City's share. Also, <br />the remaining five percent (5 %) of the City's portion of the construction costs shall be paid. <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 />5 <br />