Agenda - Council - 04/14/2015 - Laserfiche WebLink

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§ 5.2.2 The Owner's final payment to the Contractor shall be made no later than 30 days after the issuance of the Architect's final Certificate for Payment, or as follows: «» ARTICLE 6 DISPUTE RESOLUTION § 6.1 INITIAL DECISION MAKER The Architect will serve as Initial Decision Maker pursuant to Section 15.2 of AIA Docume A201-2007, unless the parties appoint below another individual, not a party to this Agreement, to serve as Initial Decision Maker. (If the parties mutually agree, insert the name, address and other contact information of the Initial Decision Maker, if other than the Architect.) «» «» «» « » § 6.2 BINDING DISPUTE RESOLUTION11 anyFor Claim to, but not resolved b , mediation pursuant to Section 15.3 of AIA D ument A201-2007, the subjecty method of binding dispute resolution shall be as follows: (Check the appropriate box. lithe Owner and Contractor do not select a method of binding dispute resolution below, or do not subsequently agree in writing to a binding dispute resolution method other than litigation, Claims will be resolved by litigation in a court of competent jurisdiction) [ « » ] Arbitration pursuant to Section 15.4 of AIA Document A201-2007 [ «X » ] Litigation in a court of competent jurisdiction [ « » ] Other (Specify) « » ARTICLE 7 TERMINATION OR SUSPENSION § 7.1 The Contract may be terminated by the Owner or the Contractor as provided in Article 14 of AIA Document A201-2007. § 7.2 The Work may be suspended by the Owner as provided in Article 14 of AIA Document A201-2007. ARTICLE 8 MISCELLANEOUS PROVISIONS § 8.1 Where reference is made in this Agreement to a provision of AIA Document A201-2007 or another Contract Document, the reference refers to that provision as amended or supplemented by other provisions of the Contract Documents. § 8.2 Payments due and unpaid under the Contract shall bear interest from the date payment is clue at the rate stated below, or in the absence thereof, at the legal rate prevailing from time to time at the place where the Project is located. (Insert rate of interest agreed upon, if any.) As calculated under Minnesota Statutes Section 549.09. § 8.3 The Owner's representative: (Name, address and other information) «Patrick Brama » «City of Ramsey » «7550 Sunwood Drive NW » «Ramsey, MN 55303 » AIA Document A101'" - 2007. Copyright e 1915, 1918, 1925, 1937, 1951, 1958, American Institute of Architects. All rights reserved. WARNING. This AIA' Treaties. Unauthorized reproduction or distribution of this AIA' Document, penalties, and will be prosecuted to the maximum extent possible under the 03/17/2015 under Order No.73012857321 which expires on 06/14/2015, and is User Notes: 1961, 1963, 1967, 1974, 1977, 1987, 1991, 1997 and 2007 by The Document is protected by U.S. Copyright Law and International or any portion of it, may result in severe civil and criminal law. This draft was produced by AIA software at 16:00:34 on not for resale. (1717720420)