CC PACKET 02111997 - Laserfiche WebLink

Home Browse Search

02/07/97 12:12 0812 995 8814 RCM ASSOCIATES 0005/015 Agreement No. PW 07-10-97 CSAH 27; C.P. 9705 with said City Project plans. The County Engineer or his staff shall have the right, as the work progresses, to enter upon C.P. 9705 to make any inspections deemed necessary, but will have no responsibility for the supervision, of the work. VI The County shall reimbur:>e the City for fifty (50) percent of the construction costs for the work within CSAH 27 right of way (C.P. 9705) as set forth in the Preliminary Cost Participation Summary in Exhibit "B", attached hereto and by this reference, made a part hereof. All other construction costs on said City Project shall be the responsibility of the City. It is understood that said summary -is an estimate of the construction cost for the contract work on said City Project and that the unit prices set forth in the contract with the successful Kidder and the final quantities as measured by the City Engineer shall govern in computing the total final contract construction cost for apportioning the cost of said C.P. .9705 according to the . provisions of this paragraph. VII Upon award of the contract by the City, the City shall invoice the County for ninety five (95) percent of the estimated County share of the contract construction costs for C.P. 9705. Said estimated County share shall be based on actual contract unit prices for estimated quantities shown in the plans. Within forty five (45) days after receipt of said invoice, the County shall deposit with the City, said estimated County share. The remainder of the County share in the contract construction cost is to be paid to the City upon the following: (1) completion of the City Project, (2) final C.P. 9705 approval by the County, (3) submittal of the City's Final Estimate and (4) submittal of an invoice including the County's final share in the contract construction costs for C.P. 9705. Payment to be made within forty five (45) days of receipt of said invoice and compliance with the above provisions. The costs for all work performed on said City Project which are not specifically identified herein as those costs in which the County will participate shall be borne 100 percent by the City. - 3 -