2025.10.06 CC Packet - Laserfiche WebLink

Home

Contract Number: BF-20583561 5 of 59 cost of the Project, regardless of the nature or amount of ultimate liability for injury, loss or death to MNNR’s employees, if any. 5) During the construction of the Project, MNNR will send Agency progressive invoices detailing the costs of the railroad work performed by MNNR under this Agreement. Agency must reimburse MNNR for completed force-account work within thirty (30) days of the date of the invoice for such work. Upon completion of the Project, MNNR will send Agency a detailed invoice of final costs, segregated as to labor and materials for each item in the recapitulation shown on Exhibit D. Pursuant to this section and Article IV, Section 7 herein, Agency must pay the final invoice within ninety (90) days of the date of the final invoice. MNNR will assess a finance charge of .033% per day (12% per annum) on any unpaid sums or other charges due under this Agreement which are past its credit terms. The finance charge continues to accrue daily until t he date payment is received by MNNR, not the date payment is made or the date postmarked on the payment. Finance charges will be assessed on delinquent sums and other charges as of the end of the month and will be reduced by amounts in dispute and any unposted payments received by the month’s end. Finance charges will be noted on invoices sent to Agency under this section. Invoices will be sent to AGENCY via mail or email at the following: Billing Contact Name: Bryan Bear_ Email:__bbear@ci.hugo.mn.us_ Address:___14669 Fitzgerald Avenue North Hugo, MN 55038 ARTICLE III – AGENCY OBLIGATIONS In consideration of the covenants of BNSF and MNNR set forth herein and the faithful performance thereof, Agency agrees as follows: 1) Agency must furnish to BNSF and MNNR plans and specifications for the Project. Said plans (reduced size 11” x 17”), showing the plan and profile of the roadway work on BNSF right-of-way and marked as Exhibit A, attached hereto and made a part hereof, must be submitted to BNSF and MNNR for the development of railroad cost estimates. 2) Agency must make any required application and obtain all required permits and approvals for the construction of the Project.