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County as developed in meetings between the Municipality, its citizens and the County, and also addressing the Act and other relevant Minnesota and/or Federal statutes or regulations. The parties agree to cooperate fully in establishing priorities and in preparation of the application for a basic grant amount. Municipality and County agree that the County shall establish a reasonable time schedule for the development of the grant application. In preparing the grant application and allocating grant funds received, the County shall consider projects proposed by the Municipalities. The County reserves the right to propose projects which are both consistent with the mutually-established goals, needs and priorities and within the County's statutory implementation authority. No Municipality shall be required to propose a project. It is anticipated by the parties that the party ultimately implementing a project funded by monies received from the grant may be either the Municipality or the County. The determination of which party will implement the project will be made by the parties after consideration of the nature and scope of the project, and the ability of each party to undertake the project, thought it is understood by the Municipality that the County shall have final responsibility for selecting projects from among those proposed by the Municipalities and the County and filing annual grant requests. The County is hereby authorized to distribute to the Municipality such funds as are determined appropriate for the Municipality to use in implementing a project and the County is hereby authorized to implement projects within the Municipality as are determined appropriate for the County to implement. Contracts let and purchases made pursuant to a project under this Agreement shall conform to the requirements applicable to the entity undertaking the project. 5