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AGREEMENT FOR THE ADMINISTRATION AND DIVISIO OF <br />COSTS ASSOCIATED WITH ROAD IMPROVEMENTS AND SEAL CO T PROJECTS <br />IN THF, CITIES OF MOUNDS VIEW AND SPRING LAKE; P RK <br />THIS AGREEMENT, made and entered into this 10°i day of March, 2008, by and between <br />the City of Mounds View, Miruiesota, a municipal corporation (hereinafter "Mounds View"), and <br />the City of Spring Lalce Parlc, Mirmesota, a municipal corporation (hereinafter "Spring Lake Parl<"). <br />WHEREAS, Mounds View and Spring Lake Park share a common bo>rmdary and each <br />desires to pursue a seal coating street improvement project (hereinafter collectively the "2008 Street <br />Maintenance Project" -Seal Coat Pro.ject); and <br />WHEREAS, the streets in Mounds View that are to be included in the 2008 Street <br />Maintenance Project are named and depicted in the attached Exhibit A to this Agreement; <br />WHEREAS, the streets in Spring Lake Parl< that are to be included in the 2008 Street <br />Maintenance Project are Warned and depicted in the attached Exhibit B to this Agreement; and <br />WHEREAS, the word "Improvements" as stated acrd used irr this Agreement shall rneari all <br />2008 Street Maintenance Project improvements (as named and depicted in Exhibit A and Exhibit B <br />in Mounds View and Spring Lalce Park, respectively), including project development, preliminary <br />and final engineering, administration, construction, inspection, and all other cost and work items <br />described herein; and <br />WHEREAS, Mimiesota Statutes Chapter 471.59 provides that municipalities may enter into <br />a joint powers agreement providing for the division of costs for such Improvements; and <br />WHEREAS, the total costs for the Improvements shall be shared by Mormds View and <br />Spring Lalce Park in accordance with the terms of this Agreement. <br />NOW, THEREFORE, IT IS AGREED, by the city council of the city of Mounds View and <br />the city council of the city of Spring Lalce Park that: <br />SECTION A <br />PROJECT SUMMARY <br />1. The Improvements and financing shall be performed in accordance with the teens of <br />this Agreement, the requirements of Mirulesota Statutes Section 429, and each City's respective <br />codes, policies, and regulations. <br />2. Mounds View and Spring L,alce Park agree to develop a preliminary design for the <br />Improvements. <br />3. Surveys, data, collection, and preparation of plans for preliminary design shall be <br />performed by Motuids View. <br />31 OA 19v2 M1M MU210-I i9 <br />