CC PACKET 12131994 - Laserfiche WebLink

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3 . The County shall revise or cause the revision of traffic control signals with street lights in accordance with State Aid Project No. 62-644-18 on Silver Lake Road at 39th Avenue Northeast . Estimated cost is $79 , 200 .00 . County' s share is 50 percent . City' s share is 50 percent . 4 . The County shall install or cause the installation of an interconnect along Silver Lake Road from County Road D;37th Avenue Northeast to Silver Lane at its own expenses . 5 . The County shall replace or cause the replacement of overhead signing and shall maintain said signing all at no cost to the City. 6 . Upon execution of this agreement and a request in writing by the County, the City shall advance to the County an amount equal to their portion of the project costs based on the actual bid price plus six percent ( 6% ) of such amount for the City' s share of the cost for engineering and inspection. 7. Upon final payment to the contractor and computation of the City' s final share for the work provided for herein, that amount of the funds advanced by the City in excess of the City' s final share will be returned to the City without interest and the City agrees to pay to the County that amount of its final share which is in excess of the amount of the funds advanced by the City. 8 . The City shall perpetuate an adequate electrical power supply to the service pad, and upon completion of said traffic control signal , shall continue to provide necessary electrical power for its operation at the cost and expense of the City. in accordance with the policy for lighting county roadways, Ramsey County Board Resolution 78-1394 , the City shall maintain and pay energy costs of the integral street lights . 9 . Upon completion of the project, the County shall maintain and keep in repair the traffic control signal and street lights, including relamping, cleaning, painting at its expense . 10 . Upon completion of the project, the County shall maintain and keep in repair the interconnect at its own expense 11 . All timing and related adjustments of the traffic control signal shall be determined by the County through its Traffic Engineer, and no changes shall be made to these adjustments without the approval of the County. 12 . Upon execution by the County and City and completion of the traffic signal with street lights, signs, and interconnect provided for herein this agreement shall supersede and terminate Agreement, County Board Resolution 75-163 dated February 18 , 1975 , between the County and the City. 94011-2