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1; project No. 7205. Said estimated City share shall be based on actual contract unit Any modification of the above parking restriction shall not be made without first prices for estimated quantities shown in the plans. obtaining a resolution from the Hennepin County Board of Commissioners permitting said f modification. The remaining ten percent (10X) is to be paid to Hennepin County upon the completion of said project and submittal to the City of the Final Estimate for the. i project showing the City's final share in the contract construction and engineering ! IX costs. All records kept by the City and Hennepin County with respect to this project la shall be subject to examination by the representatives of each party hereto. Upon payment of the Final Estimate to the successful bidder, any amount remaining i as e'balance in the deposit account will be returned to the City; likewise any amount due Hennepin County by the City upon payment of the Final Estimate shall then be paid X by the City as its final payment for the construction and engineering cost of this s It is agreed that the City shall remove and replace all City owned signs that are project. within the construction limits of this project, all at City expense. j VII xI Hennepin County reserves the right not to issue any permits for a period of five It is further agreed that each party to this agreement shall not be responsible (5) years after completion of the project for any service cuts in the roadway surfacing or liable to the other or to any other person or persons whomsoever for any claims, of the County Highway included in this project for any installation of underground _ a damages, actions, or causes of actions of any kind or character arising out of or by utilities which would be considered as new work; service cuts shall be allowed for the reason of the performance of any work or part hereof by the other as provided herein; maintenance and repair of any existing underground utilities. - - and each party further agrees to defend at its sole cost-'and expense any action or proceeding commenced for the purpose of asserting any claim of whatsoever character VIII arising in connection with or by virtue of performance of its own work as provided It is agreed that Hennepin County, at its expense, shall place all necessary no herein. It is agreed that the City will be included as a named insured under the parking signs and the City, at its expense, shall provide the enforcement for the liability insurance policy required to be provided by the Contractor performing the prohibition-of on-street parking within its corporate limits on that portion of County work under said Project No. 7205. State.Aid Highway No. 93 constructed under this project. • -5- -6- -.r. - . .