11-28-2016 Council Packet - Laserfiche WebLink

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Agreement No. PW 25-32-16 CSAR 112; C. P. 091101 by the County Highway Engineer shall govern in computing the total final contract construction costs for apportioning the costs of said Project according to the provisions herein. For informational purposes only it is estimated that the City of Long Lake will pay the County $921,761.48 as its share of the construction costs. For informational purposes only it is estimated that the City of Orono will pay the County $85,328.30 as its share of the construction costs. VII It is recognized by the parties that the watermain and sanitary sewer included by the Project has been designed by the City of Long Lake or its agents. As set forth in Exhibit "A", the Cities agree to pay to the County ten (10) percent of the Cities' share of the contracted construction costs not designed by a city as its share of the engineering design costs for the Project, in addition to its proportionate shares of the contracted construction costs for the Project. For informational purposes only it is estimated that the City of Long Lake will pay the County $56,672.50 as its share of the design engineering costs. For informational purposes only it is estimated that the City of Orono will pay the County $9,184.07 as its share of the design engineering costs. Similarly, the Cities also agree to reimburse the County for the Cities' proportionate share of the construction engineering costs for the Project. The Cities' share of construction engineering costs shall be equal to eight (8) percent of the total final amount of the Cities' share of contract construction costs for the Project. The amount of the City of Long Lake share in the contract administration costs is estimated $73,740.92. The amount of the City of Orono share in the contract administration costs is estimated $6,826.26. It is understood that the Cities' proportionate shares shown in Exhibit "A" are estimates and that the actual Cities' proportionate shares of the engineering design costs and contract administration costs will be computed using the total final amount of the Cities share of the contract construction costs for the Project. As referenced above the watermain and sanitary sewer included by the Project has been designed by the City of Long Lake or its agents. As shown in Exhibit "A", it is estimated that $147,726.00 of the proposed utilities designed by the City of Long Lake are eligible for State Turnback funding. As such the County agrees to reimburse the City of Long ten (10) percent of the State Tumback eligible utilities designed by the City of Long Lake. As set forth in Exhibit "A" the amount the County will reimburse the City of Long is estimated to be $14,772.60. VIII After an award by the County to the successful bidder on the Project, the County shall invoice the City of Long Lake for fifty (50) percent of the estimated city's shares in the contract construction costs and engineering costs for the Project. After December 15, 2017 the County shall invoice the city for forty five (45) percent of the estimated Cities' shares in the contract construction costs and engineering costs for the Project. Payments shall be made to the County, in the name of the Hennepin County Treasurer, by the City of Long Lake for the full amount due stated on the invoices within -5-