Laserfiche WebLink
• 25. The County shall, when a construction contract is proposed to be awarded, prepare a <br /> revised estimate and cost participation breakdown based on construction contract unit prices and <br /> submit a copy to the City. Upon concurrence to award a construction contract, the City agrees to <br /> advance to the Treasurer of Ramsey County an amount equal to the City total construction cost <br /> share. MN/DOT shall then be paid by the County. <br /> 26. Upon substantial completion of the work, the County shall prepare a revised estimate <br /> of cost participation breakdown based upon the contract unit prices and the actual units of work <br /> estimated to have been performed and submit a copy to the City. The construction engineering <br /> costs to be paid the County by the City shall be based on this estimated final construction cost. The <br /> County shall add to the City's estimated final construction costs the construction engineering costs, <br /> make necessary adjustments for liquidated damages, if any, and deduct City funds previously <br /> advanced for the project by the City. The City agrees to pay to the County any amounts due. In <br /> the event the calculations show that the City has advanced funds in greater amount than is due the <br /> County, the County shall refund the amount to the City without interest. <br /> 27. The City and County agree to indemnify each other and hold each other harmless <br /> from any and all claims, causes of action, lawsuits,judgments, charges, demands, costs, and <br /> expenses, including, but not limited to, interest involved therein and attorneys' fees and costs and <br /> expenses connected therewith, arising out of or resulting from the failure of either party to satisfy <br /> the provisions of this Agreement or for damages caused to fourth parties as a result of the manner <br /> • in which the City or the County perform or fail to perform duties imposed on each party by the <br /> terms of this Agreement. Nothing herein shall constitute a waiver by either party of the limits or <br /> liability provided by Minnesota Statutes, Chapter 466 or other applicable law. <br /> 28. This Agreement shall remain in full force and effect until terminated by mutual <br /> agreement of the City and the County. <br /> 29. Preliminary plans reviewed at the City public hearing and final plans and <br /> specifications are hereby in all things approved. <br /> • <br /> 5 <br />