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agreement. <br />THE PARTIES AGREE AS FOLLOWS: <br />I. DUTIES OF THE CITY. <br />A. The City will let a contract and construct the Project in accordance with Agency <br />Agreement No. 84229. Payment provisions for federally eligible costs will be as <br />stated herein. <br />B. It is estimated that the total cost of the Project is $ 4,378,500 and that the <br />anticipated federal funding will be $ 3,502,800. The remaining share will be paid <br />by the City. <br />C. The City will pay any part of the cost or expense of the Project that is not paid by <br />federal funds. <br />D. Request for reimbursement of the federal aid share of the federally eligible costs <br />will be made after funding and obligation authority are available. <br />E. If the project is converted to federal funding before completion and final <br />acceptance, requests for reimbursement will occur as partial estimates in <br />accordance with Agency Agreement No. 84229. <br />F. Under Minnesota Statutes § 16C.05, subd. 5, the (Governmental Unit's) books, <br />records, documents, and accounting procedures and practices relevant to this <br />Agreement are subject to examination by the State and the State Auditor or <br />Legislative Auditor, as appropriate, for a minimum of six years. <br />II. DUTIES OF Mn/DOT. <br />A. Mn/DOT will make the necessary requests to the FHWA for authorization to <br />use federal funds for the Project and designation as an Advance Construction <br />project. <br />B. Mn/DOT will request the conversion of the Project to federal funding of <br />eligible costs, when funding and obligation authority are available. <br />C. At such time that the project is converted to federal funding and such funding <br />is received by Mn/DOT, Mn/DOT will reimburse to the City the federal aid <br />share of the federally eligible costs, previously provided by the City. <br />Reimbursement for City State Aid funds used in lieu of federal funds will be <br />deposited in the City's State Aid Account. Reimbursement for other City <br />funds used in lieu of federal funds will be forwarded to the City. <br />(Mn/DOT Agreement No. 96459) <br />N:\FedAid\Agreement\latest samples \199- 080- 002BaseACAgreementTemplateSameFiscalYearlo .doc 2/6/04 Page 2 <br />