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B. Hugo shall pay Lino Lakes all water utility fees required by the Lino Lakes <br />City Code, City resolutions and amendments thereto. The specific water use rate applicable to <br />Hugo shall be equal to Lino Lakes rate plus Ten Percent (10%). The connecting meter shall be <br />read by Lino Lakes personnel. A statement for the total water provided during the month, as <br />determined by the Lino Lakes Finance Director, shall be mailed to Hugo within a reasonable time <br />after the last day of each month. Statements shall be due and payable within thirty (30) days of <br />receipt. All invoices shall be sent to the Finance Director for the City of Hugo. <br />C. Lino Lakes shall pay for Fifty Percent (50%) of the construction cost of the <br />metered water connection, but no connecting mains. Hugo shall pay for Fifty Percent (50%) of <br />the construction cost of the metered water connection and Developer shall pay for all connecting <br />mains. <br />D. Lino Lakes agrees to cooperate with Hugo and the Developer in arranging <br />for the switchover from the Lino Lakes water system to the Hugo system when Hugo develops <br />the ability to service the property. The switchover shall be at no cost to Lino Lakes, and the <br />Developer, or its successors in title, shall reimburse Lino Lakes for any costs incurred when this <br />switching over occurs. <br />E. Lino Lakes shall ensure that the contract documents include a requirement <br />that Developer secure insurance coverage satisfactory to Hugo and Lino Lakes. <br />ARTICLE III <br />Responsibilities of Hugo <br />A. Hugo agrees to allow the property to obtain water service from Lino Lakes <br />until such time as Hugo has the ability to service the property. <br />6 <br />