11-28-2016 Council Packet - Laserfiche WebLink

Home Browse Search

Agreement No. PW 25-32-16 CSAH 112; C. P. 091101 the affected property owners regarding any individual service feed rewiring that may be required or desired. The County, through its Roadside Enhancement Partnership Program (RFPP), will participate in a proportionate share of the costs to underground overhead power lines. As set forth in the County's Cost Participation Policy, the County's proportionate share of utility burial costs eligible for this funding source is thirty three (33) percent and may not exceed $330,000.00 per center line mile. For informational purposes, the County's estimated share for these costs is $9,900.00. The parties acknowledge that the stated amounts are estimates and that the County's actual share of utility burial costs will be determined in accordance with the County's Cost Participation Policy, based upon the final utility burial costs. The County will pay its share of utility burial directly to the City of Long Lake rather than applying its share as a credit against the city's proportionate share of the Project costs. Upon completion of the work by the city's undergrounding contractor(s) and acceptance of the work by the City of Long Lake's Engineer or a designated representative, the city will submit an itemized invoice to the County for one hundred (100) percent of the County's share of the costs. It is understood and agreed by the parties that the City of Long Lake will submit said invoice after January 1, 2018. The County agrees to remit payment to the City of Long Lake within forty five (45) days after receipt of the invoice. ►M The proportionate shares of the various costs associated with said Project have been identified and set forth in Articles III through XI of this Agreement. The estimated amount that the City of Long Lake is to pay the County as a result of this Agreement is $1,200,055.90. The estimated amount that the City of Orono is to pay the County as a result of this Agreement is $101,338.63. It is understood and agreed that said payment amounts are estimates and that the actual payment amounts shall be based on actual costs and contract unit prices, as specified elsewhere throughout this Agreement. XIII All payments to the County must be postmarked by the date due or a late penalty of one (1) percent per month, or fraction thereof, on the unpaid balance will be charged to the Cities. The Cities shall pay the amount due as stated on the statement, notwithstanding any dispute of such amount. Should a disputed amount be resolved in favor of the Cities, the County shall reimburse the disputed amount plus daily interest thereon calculated from the date such disputed amount was received by the County. Daily interest shall be at the rate of one (I%) percent per month on the disputed arnount. All payments to the Cities must be postmarked by the date due or a late penalty of one (1) percent per month, or fraction thereof, on the unpaid balance will be charged to the County. The County shall pay the amount due as stated on the statement, notwithstanding any dispute of such amount. Should a disputed amount be resolved in favor of the County, the Cities shall reimburse the