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Agenda Packets - 1998/11/28
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Agenda Packets - 1998/11/28
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4/9/2025 10:58:59 AM
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4/9/2025 10:58:59 AM
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MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
11/28/1998
Description
Regular Meeting
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W <br />Construction Cost is $57,100.00 Which <br />includes State furnished materials. <br />Anticipated State's share is 56.52 percent. <br />County's share is 30.44 percent. City's <br />share is 13.04 percent. <br />4, The State shall install :r c_use the installation <br />of overhead signing and ahall maint<:in said silninc; all at no <br />cost to %e County or City. <br />5. Upon execution of this agreement and a request in <br />writing by the State, the County and the City shall each advance <br />to the State an anount equal to their portion of the project <br />costs. The County's and th? City's total portion shall consist <br />of the tan, of the following: <br />a. The County's and City's respective share (as <br />specified in Paragraph 3) based on the actual <br />bid prices and the estimated Stata furnished <br />materials costs. <br />b. Six (6) percent of each respective share <br />[Item (a) above] for the cost of Engineering <br />and Inspection. <br />6. Upon completion and final acceptance of the <br />project, the County's and City's final share shall ceisist of the <br />sum of the following: <br />ciiy'S resPECti'r2 Z'"" (as <br />a The County's and Y--` <br />specified in Paragraph 3) based on the final <br />65362 <br />-5- <br />
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