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DocuSign Envelope ID:C6655D68-EB19-4AFD-9C49-F0591643DB7B <br /> 5;#P Coto JTA Anoka County Contract No.C0009001 <br /> After final completion of the project, the City's share of the construction cost will be based upon actual <br /> construction costs. If necessary, adjustments to the initial ninety five percent(95%) charged will be made <br /> in the form of credit or additional charges to the City's share. Also,the remaining five percent(5%)of the <br /> City's portion of the construction costs shall be paid. <br /> The County agrees to submit to the City for review final quantities and cost within one year of project <br /> substantial completion. <br /> W. TERM/TERMINATION <br /> This Agreement shall become effective immediately upon execution, and will remain in effect until the <br /> Project and all restoration activities are completed, with exception of the ownership and maintenance <br /> provisions within this Agreement which shall continue indefinitely. <br /> V. DISBURSEMENT OF FUNDS <br /> All funds disbursed by the County or City pursuant to this Agreement shall be disbursed by each entity <br /> pursuant to the method provided by law. <br /> VI. CONTRACTS AND PURCHASES <br /> All contracts let and purchases made pursuant to this Agreement shall be made by the County in <br /> conformance to,the State laws. <br /> VIL STRICT ACCOUNTABILITY <br /> A strict accounting shall be made of all funds and report of all receipts and shall be made upon request by <br /> either party. Prior to city payment to the County, Anoka County shall provide the City a copy of all cost <br /> participation documents submitted to MnDOT State Aid to assist the city in their application for MSA <br /> funding. <br /> VIII. ROUNDABOUT LIGHTING POWER <br /> The City shall at their sole expense,install and cause the installation of an adequate electrical power source <br /> for roundabout lighting. The City shall be the lead agency in this matter. Upon completion of said lighting <br /> installations,the ongoing cost of the electrical power shall be the sole cost and expense of the City. <br /> Ix. MAINTENANCE <br /> A. Maintenance of the completed watermain, sanitary sewer, storm sewer(except catch basins and <br /> catch basin leads), and detention basins (including ponds and their outlet structures and grit <br /> chambers/collectors) shall be the sole obligation of the City. <br /> B. Maintenance of the bituminous trails shall be the responsibility of the City. The City shall be <br /> responsible for general routine maintenance, such as sweeping, clearing,plowing,trash removal <br /> and other incidental items, and shall be responsible for long-term maintenance, such as <br /> bituminous overlays, crack sealing and replacement. <br /> 5 <br />