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14. The District shall reimburse the City for costs of the Improvement as follows: a. The District shall pay the first $892,000 of Improvement cost. b. The District and City shall each incur and pay 50% of Improvement costs over $892,000 and up to $1,392,000 (up to $250,000 each). c. The District may retain 10% of Improvement payment requests ($114,200) until final certification of completion of the Improvement. d. The City shall pay 100% of Project costs in excess of $1,392,000. e. Exclusive of in-kind contributions, the District’s total cash contribution to the Project shall not exceed $1,142,000. 15. All District funds allocated to the Improvement will be provided to the City on a reimbursement basis. The District will reimburse the City for invoiced expenditures within 30 days of receipt, except that no reimbursement will be made until: (1) Improvement design plans are certified by the City engineer as meeting design and Performance Standards; (2) the District engineer has provided verification of the Improvement’s ability to achieve anticipated design and Performance Standards; and (3) the City has issued a “Notice to Proceed” to the selected contractor. SECTION C: Access to the Improvement 16. As a precondition to any reimbursement under this Agreement, as required by the Grant, the City shall grant the District access to the Improvement for a term beginning prior to construction and ending not earlier than 25 years after completion of the Project for the purposes of inspection, monitoring, and maintenance. SECTION D: Miscellaneous Provisions 17. Compliance with Laws. The parties agree to comply with all laws, ordinances and regulations of Minnesota applicable to this Agreement and the construction of the Improvements. This Agreement shall be construed and enforced according to the laws of Minnesota. 18. Indemnification. Each party will be responsible for claims and damages resulting from the acts, errors and omissions of its officers, employees and agents and will defend and indemnify the other party for any such claims; provided, however, that nothing in this Agreement shall constitute a waiver or limitation of any immunity or limitation on liability to which either party is entitled under Minnesota Statutes, Chapter 466, or otherwise. 19. Notices. Any notices or correspondence required to be given under this Agreement or any statute or ordinance shall be in writing and shall be deemed to be given if delivered personally or mailed postage-prepaid by certified mail, return receipt requested: 1818