Resolution 7234 - Laserfiche WebLink

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4. Upon review and approval of a preliminary design by Mounds View, a completion of final design (including the preparation of plans and specifications) shall be performed by Mounds View. 5. Plans and specifications shall be approved by the city council of Mounds View prior to releasing an advertisement for bids. Contract award to the lowest responsible bidder will be conducted by the city council of Mounds View. 6. Construction engineering, including bid openings, contract administration, other agency submittals, staking and inspection, and contract management shall be performed by Mounds View. 7. Final contract payment shall occur only after final acceptance of the Improvements by the city council of Mounds View and the city council of Spring Lalce Park. 8. Mounds View shall invoice Spring Lalce Park for reimburse>ner>t of Spring Lake Park's portion of the costs of the Improvements in accordance with this Agreernent. SECTION Ii COST ALLOCATION 1. All costs of the Improvements shall be assigned to Mounds View and Spring Lalce Parlc based on the percentage of the project conducted in each city. Mounds View and Spring Lal<e Park shall fluid each of their cost obligations in accordance with State of Mimlesota Statutes Chapter 429, and each City's respective policies and regulatiorrs. The costs of the Improvements shall include, but not be limited to the following: surveys and data collection, preparation of drawings and exhibits, preliminary and final design, preparation of plans and specifications, contract administration, adrnirustrative and legal costs, consulting engineering fees as needed, private utility costs, testing, and all contract constrlrction costs. 2. The estimated total cost of the Improvements described in this Agreernent is $28'7,500, with estimated costs of the Improvements in Spring Lake Parlc being approximately 37 percent of the estimated total cost, and with Spring Lake Park's actual total cost for the Improvements being determined r.rpon final completion of the Improverments. 3. Upon award of a contract, Mounds View shall invoice Spring Lalce Parlc for its percentage of all costs inc>.u•r•ed prior to said contract award. 4. Project cost administration shall be performed by Moiu~ds View, including payments to the contractor. Mounds View shall invoice Spring Lake Parl< for its percentage of payments made to the contractor at the time each payment is made to the contractor. 5. Spring Lake Parlc agrees to pay arry invoices received from Mounds View in accordance with this Agreement and within ~0 days. 310819v1 M1M MU210-159