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23 c. Phase 3: Developing implementation timelines and priorities, costs allocations and revenue generation methods for both implementation and long term maintenance of capital improvements and water quality features; d. Phase 4: Implementing one or more of the project components identified in Phase 2 as a coordinated series of capital improvements by the Cities and the Rice Creek Watershed District; 15. This petition is limited to the actions set forth in paragraph 14.a. above until such time as the Cities, individually or jointly, amend this petition to proceed with subsequent actions contained in paragraph 14.b. — d. 16. Because this petition is being submitted by the governing body of a city, no bond is required under Statutes Section 103D.705, Subdivision 3. However, each of the Cities must pay one-half of all costs and expenses that may be incurred in the proceedings for the proposed Basic Water Management Project if the proceedings are dismissed or a construction or implementation contract is not awarded for all or a portion of the project. 17. Subject to the provisions of Statutes Section 103D.705, Subdivisions 3 & 4, the Cities may dismiss this petition or any amendment hereof. Failure to amend the petition to authorize a subsequent phase of the project shall be deemed a dismissal of the petition. 18. This petition is conditioned upon the following process to be followed by the Rice Creek Watershed District in implementing project phases: a. Pre -coordination: The Cities and the Rice Creek Watershed District shall meet at the initiation of any project phase to establish a scope of work and anticipated cost. b. Study/Component Development: The Rice Creek Watershed District, in consultation with City staff shall prepare all studies and develop project features consistent with project phases and purposes described in paragraph 14. Project study and component development shall culminate with a joint presentation to the City Councils of the outcomes and recommendations of the Rice Creek Watershed District. o, Concurrence/Petition Amendment: The City Councils, considering the information and recommendations presented by the Rice Creek Watershed District, shall concur or not concur with one or more of the recommendations and either authorize petition amendment to proceed with a subsequent phase of the project or dismiss the petition. 19. This petition is authorized by separate resolution of the City Councils authorizing their respective Mayors and City Managers to sign and submit this petition as the action of each City. 20. The proposed Basic Water Management Project will be conducive to the public health, safety, convenience and welfare of the Cities and their residents as well as regional providers and consumers of goods and services within the Cities.