Agenda - Council - 01/04/2005 - Special

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intersections of Bunker Lake Boulevard (C.R. 116) with Armstrong Boulevard (C.S.A.H. 83) and Ramsey Boulevard (C.R. 56), along with all county highways and intersections between Bunker Lake Boulevard and Highway 10, inclusive of Armstrong Boulevard and Ramsey Boulevard. Adequate storage and drainage systems wilt be .provided by the City for the ultimate section of each of those roadways listed above in their final configuration as anticipated by this Agreement. COSTS A. The contract cost of the work, or if the work is not contracted the cost of all labor, materials, normal engineering costs, equipment rental required to do the work and right-of-way acquisition costs shall constitute the actual "construction costs" and shall be so referred to herein. Total Construction Costs shall include construction costs and administrative costs such as bonding expenses, legal expenses and engineering fees, provided however, that said adm/nistrative costs shall not exceed 26 percent (26%) of the construction costs. "Estimated total construction costs" are good faith projections of costs which will be incurred for the projects. B. Total estimated construction cost of the Improvements described in schedules A, B and C is $13,050,372.08. These figures are based on the City estimates included in the "Summary of - Estimated Project Costs for the Ramsey Town Center Improvements" incorporated herein by reference. The project costs shall be paid for by special assessments, City funds, State funds, Federal funds and County contributions as hereinafter provided. The projects for which the costs are to be shared by the County and the City, the estimated total cost of each project, and the County participation in each project is listed in schedules "A", "B", and "C" on Pages 9 and 10 of this ,~greement. The estimated costs for the signal projects are $2,801,250 of which $1,012,500 is on T.H. 10. The remaining $1,788,750 in estimated signal costs are on County highways. Since only two of the signal systems on the County highway system are warranted, the County will not participate in thei-v construction of unwarranted signals. The county will participate in construction of and will provide ongoing maintenance for the signal systems 'at Armstrong Boulevard (CSAH 83) at Bunker Lake Boulevard (C.R. 116) and Ramsey Boulevard (CSA/-UCR 57) at Bunker Lake Boulevard (CSAH 116), in accordance with the county cost sharing policy. (1) The City shall submit plans for each signal system, including EVP, to the County for review and approval sixty (60) days prior to the advertising for bids. The City shall pay to the County a plan review fee of $l,000 for each signal plan submitted. 7