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EXHIBIT <br /> B <br /> LETTER OF UNDERSTANDING <br /> This Letter of Understanding is maderbetween the Fridley Housing <br /> and Redevelopment Authority (hereby referred to as the "Fridley <br /> HRA") and the City of Mounds View (hereby referred to <br /> the e "City") to outline the common understandings and" <br /> expectations as related to a remodeling planbook for housing in <br /> fully developed and/or inner ring cities of the Twin City <br /> Metropolitan Area. <br /> The HRA agrees to execute a contract with Robert Gerloff <br /> Residential Architects, Kristi Johnson, and Peter Must r <br /> referred to as the "Architects") in the amount ofy (ttheh <br /> following understanding: • <br /> $60, 000 with <br /> 1. The City agrees to pay $5, 000 to the Fridley HRA to be held <br /> on account to pay for the contractual services as outlined in <br /> the contract identified as Exhibit 1 of this document. <br /> 2. The City acknowledges that the Fridley administering <br /> the contract on behalf of several cities as identified is in <br /> Exhibit 2 as an efficient means to producing the content of <br /> a planbook. The City acknowledges that the publishing and <br /> production of the planbook will be an additional undertaking <br /> to be completed in cooperation with the cities identified in <br /> Exhibit 2. <br /> 3 . The City agrees to defend, indemnify, and hold Fridley HRA • <br /> its officers and employees, harmless from any liability <br /> claims, damages, costs, judgements, or expenses, including <br /> • <br /> reasonable attorney fees, resulting directly or indirectly <br /> from .an act or omission of the Fridley HRA, its officers and <br /> employees, in administration of the contract identified in <br /> Exhibit 1. <br /> 4. The HRA agrees to administer the contract in consultation with <br /> the cities as outlined in Exhibit 2 at meetings regularly <br /> established by the cities ' representatives. This may include, <br /> but is not limited to, requesting additional services, <br /> reviewing the Architects work performance, and specific <br /> direction regarding preparation of the planbook. <br /> 5. The Fridley HRA agrees to refund any unused <br /> portion of the <br /> cities ' payments in a manner as mutually agreed to by the <br /> cities in Exhibit 2. The HRA agrees that the use of the funds <br /> is for the purposes as described in this Letter of <br /> Understanding. <br /> 6. The ERA acknowledges that the City is entitled to use the <br /> content of the planbook as defined in Exhibit 1; however, the <br /> City agrees to work in consultation with the cities identified <br /> in Exhibit 2 in publishing the planbook. 111 <br />