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Arrange for the transmission to and review and comment by the Responsive Agenoy with respeot to all design plans for the Improvements and incorporate appropriate changes necessary to provide for a mutually satisfactory and benefioial Improvement de8ign. ~repare and transmit to the Responsive Agency any periodic status reports in connection with the tasks and services set forth herein. . the mutual promises and covenants. hereinafter contained, the County and City agree as follows, 1. Planned Imprpvements and Schedu~~s. The County and City agree that congtruotion of the Improvements is mutually beneficial to the County and City, resulting in increased benefits to the County and City. 2. Responsibility for Improv~mBnts. The City shall be the Lead Agenoy and shall be primarily responsible for the accomplishment of the tasks required to affect the construction of the Improvements in accordance with the provisions hereof. The County shall be the Responsive Agency with respect to the said Improvements. The responsibilities for the County and City respectively shall be as set forth in the attached Exhibit A. Responsibility of the Lead Aq~n~. The Lead Agency shall be responsible for the development and supervision of all administration and construotion necessary for the completion of the Improvements. In fulfillment of the above, the Lead Agency shalll 3. . ( 1) (2) (3) (4) . (5) Implement procedures pursuant to Minnesota Chapter 429, to the extent reasonably necessary, to cooperate in the financing mechanisms as agreed upon by the Responsive Agency. Develop, employ, and recommend appropriate financing mechanisms necessary to pey for the cost of the Improvements, and shall be responsible for bonding the cost of the Improvements. prepare and 8ubmit to the Responsive Agency for approval any changes in the Improvements 3.