8.3 SR 07-19-2021 - Laserfiche WebLink

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50% of the actual construction costs for the storm sewer Project components as identified on Exhibit A (estimated $90,571.00); and 50% of the actual construction costs for the Line Avenue Roundabout after the Federal Aid participation of $1,229,000 is applied as identified on Exhibit A (estimated $231,964.34); 100% of the actual construction costs for Tyler Street roundabout costs in excess of the County Cost share of the intersection improvements less an additional $150,000 as identified on Exhibit A (estimated $247,659.16). 8% of the actual construction costs for the Construction Engineering for City Project components as identified on Exhibit A (estimated $55,064.36); and 2% of the actual construction costs for the storm sewer Project components as identified on Exhibit A (estimated $13,766.09); and The final construction costs for the Project components identified on Exhibit A will be based on the County's actual costs as determined by the County's final payments to the contractor for the Project. 3.8 Payments to Contractor. For purposes of paying the contractor during the Project, the County will process all payment requests from the contractor and will approve or deny the requests as appropriate, pursuant to the terms of the contract. 3.9 Ownership and Maintenance. Following completion of construction, the County will continue to own the roadway and drainage system improvements located within the County right- of-way, and will be solely responsible for the ongoing maintenance of those improvements. The City will continue to own the sidewalk and multi -use trails and will be solely responsible for the ongoing maintenance of those improvements. 3.10 Payments to the County. After payment is made by the County for Project components for which the City is responsible for costs pursuant to this Agreement, the County will submit invoices to the City for reimbursement. Payment shall be made to the County within 35 days of when an invoice is received by the City. 4. General Provisions. 4.1 Entire Agreement, Amendments. This Agreement constitutes the entire agreement and understanding of the parties with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements, documents and proposals, oral or written, between the parties with respect thereto. Any amendment or modification to this Agreement shall not be valid unless such amendment or modification (1) is in writing and signed by authorized representatives of both parties and (ii) references this Agreement. The terms and conditions of the exhibits are integral parts of this Agreement and are fully incorporated herein by this reference. 4.2 Cooperation. The parties agree to cooperate in the use of resources, including available right-of-way to complete the pro] ect as a whole, to the extent feasible and to the extent permitted by law. The parties further agree to cooperate in the administration of the contract and