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Fiber Optic Infrastructure Agreement <br />This Fiber Optic Infrastructure Agreement ( "Agreement ") is effective this c2(p day of <br />�1o,� Lk , 2013 by and between the City of Elk River, a Minnesota Municipal Corporation <br />( "City ") and Sherburne County, a Minnesota county ( "County "). <br />WHEREAS, the City has entered into a contract to install a backbone fiber optic ring ( "Network <br />Ring "), in the location shown on Exhibit A attached hereto, for the purposes of connecting governmental <br />facilities located within the City, including city facilities, Elk River Municipal Utility facilities, County <br />facilities and potentially Elk River School District facilities; and <br />WHEREAS, the County has expressed a desire to install fiber optic infrastructure to connect its <br />facilities to the Network Ring ( "Lateral Connections "), and to participate in the capital costs and the <br />ongoing operation and maintenance costs of the Network Ring. <br />NOW THEREFORE, in consideration of the mutual covenants and agreements set forth herein, <br />and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, <br />the parties hereto agree as follows: <br />Installation. <br />a. Network Ring. The City shall be solely responsible for installing the Network Ring and <br />all infrastructure related thereto necessary for the Network Ring to serve its purposes. <br />b. Lateral Connections. The County shall be solely responsible for installing, at its cost, the <br />Lateral Connections, and all necessary infrastructure related thereto, between the <br />Network Ring and the County facilities which the County desires to connect to the <br />Network Ring. <br />2. Ownership and Operation. <br />a. Network Ring. The City shall have sole responsibility for installing, operating, <br />maintaining and repairing the Network Ring, and shall be the sole owner of the Network <br />Ring. The County's participation in the capital costs and the operation and maintenance <br />costs of the Network Ring will not entitle the County to any ownership of or interest in <br />the Network Ring, except that 25 percent of the fiber optic strands comprising the <br />Network Ring shall be reserved for the County as provided in this Agreement. <br />b. Lateral Connections. The County shall be the sole owner of the Lateral Connections and <br />all infrastructure related thereto, and shall be solely responsible, at its cost, for the <br />installation, operation, maintenance and repair of the Lateral Connections. <br />Annual Meeting. The City and the County shall meet annually in January of each year to <br />discuss issues relating to the operation of the Network Ring. <br />Costs. <br />a. Initial Capital Costs. The City's contract for installation of the Network Ring is in the <br />amount of $254,721.24. The County agrees to reimburse the City for 25 percent of the <br />total capital costs to install the Network Ring, in an amount not to exceed $63,680.31. <br />Reimbursement of the County's share of the City's hiitial Capital Costs shall be made by <br />