Agenda - Council - 09/27/2011 - Laserfiche WebLink

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C. Fundina Aareements. ACRRA may enter into separate Subordinate Funding Agreements ("Funding Agreements") with other parties to this agreement or other entities to provide for the transfer of Project funds to those parties for construction, acquisition of property or equipment, or for other Project services. D. Proiect Budaet. The budget for the Project ("Project Budget") is attached hereto and incorporated herein as Exhibit B. If additional moneys become available to the project, then the funding contributions of CTIB, City and ACRRA shall be reduced equally. Likewise if the actual costs of the project prove to be less than budgeted, then the funding contributions of CTIB, City and ACRRA shall be reduced equally. Am ARTICLE VI 1r CONSTRUCTION AND IMPLEMENTATION OF THE TOTAL PROJECT 1. Station Project. 4 Enh Emr Er Met Council will coordinate construction and implementation of the Station Project with individual Station Project activities being carried out by the various parties to this agreement. The project management team organization chart and key staff is attached hereto and made a part hereof as Exhibit C. The following describes the responsibilities of the Parties with respect to construction and implementation of the Project. A. Met Council Amor 1. Met Council will obtain the local approvals and permits it deems necessary for the Project. Where compliance with building, mechanical, electrical, elevator, fire or other construction code is either required by the laws of the State of Minnesota or is determined to be advisable by Met Council, and the enforcement has been delegated by the Met Council to another Party, Met Council and/or its contractors will prepare permit applications, and pay, for any and all permits normally required by the Party for work regulated by the code(s). 2. Met Council shall ensure that environmental documentation is updated as required by state law. II�� 3. The Project will be constructed in accordance with the schedule attached hereto and incorporated herein as Exhibit D. 4. Met Council will manage the construction, within the Project limits, of any and all physical structures, elements and components of the system, which include, but are not limited to, communications systems, overhead contact system, signals, lighting, sidewalks, passenger stations, structures, certain public utilities, and landscaping. 5. The Met Council is responsible for Project management during construction and will work through the project management team to manage all activities during the construction phase of the Project. 6