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JOINT POWERS AGREEMENT <br /> BETWEEN THE CITY OF RAMSEY AND THE CITY OF NOWTHEN <br /> REGARDING THE PUBLIC IMPROVEMENTS RELATED TO THE <br /> STREET RECONSTRUCTIONS OF 182ND LANE,VENTRE STREET, <br /> WACO DRIVE AND WACO STREET <br /> THIS AGREEMENT is made and entered into on the latest date set forth below by and between the City <br /> of Ramsey and the City of Nowthen,both being municipal corporations of the State of Minnesota. <br /> RECITALS <br /> 1. Ramsey and Nowthen("the Parties") agree it is in the best interest of the traveling public and impacted <br /> residents to reconstruct Ventre Street between 182nd Lane and 183rd Lane, 182nd Lane between Ventre <br /> Street and Waco Street, and Waco Drive and Waco Street between 179' Lane and 182nd Lane (see <br /> Exhibit A)and which to share in the costs required to reconstruct these sections of streets("the Project"). <br /> 2. Subject to the terms set forth below, the Parties agree to share in the financial responsibilities for the <br /> construction of the Project. <br /> 3. The Parties recognize and acknowledge that equal benefit will be received upon completion of the <br /> Proj ect. <br /> 4.Minnesota Statutes section 47 1.5 9 authorizes political subdivisions of the state to enter into j oint powers <br /> agreements for the joint exercise of powers common to each. <br /> AGREEMENT <br /> In consideration of the mutual undertakings expressed herein,the Parties agree as follows: <br /> 1. Purpose. The purpose of this Agreement is to set forth the terms of the agreement between the Parties <br /> concerning the construction and financing of the Project. This Agreement does not create a joint powers <br /> board. <br /> 2. Project Responsibility_. <br /> a. Ramsey shall design the Project within the Ramsey city limits. Nowthen shall design the Project <br /> within the Nowthen city limits. <br /> b. Ramsey shall contract with contractors and administer construction for the Project in accordance <br /> with Minnesota law. Nowthen shall have the right to inspect, review and comment upon Project <br /> administration. Ramsey shall have final authority with respect to all construction administration <br /> decisions except that Ramsey shall provide Nowthen with an analysis of the bids received for the <br /> Nowthen portion of the project and shall obtain Nowthen's approval of the bid before awarding a <br /> contract. Ramsey shall further obtain Nowthen's approval for any change orders affecting the <br />