Cost Participation. The Partners agree that the initial funding for the Project shall be through a State of Minnesota (the “State”) bond in the approximate amount of $781,000.00. Should the costs associated with the Project exceed the initial bond amount received from the State, the Partners shall pay an allocated portion of the remaining costs in accordance with the Lower Mississippi River Watershed Management Organization’s allowable flow calculations or other negotiated allocation by the Partners. The Partners cost participation in the Project is divided into design, construction, and long-term maintenance expenses. The Partners will amend or supplement this JPA with allowable flow calculations or negotiated allocation by the Partners prior to the completion of the final design.
Cost Participation. 6.1 The County shall pay all construction estimates due to the Contractor upon completion of the work, including partial estimates.
6.2 The Village shall reimburse the County for all project costs relating to the construction of the Project situated within the Village municipal corporation limits.
6.3 The County Engineer shall keep an accurate record of the project costs and submit an invoice to the Village for the Village’s share of the Project cost at the completion of the work, including any necessary supporting documentation to substantiate the costs.
6.4 The Village shall pay the invoice within 30 days of receipt of the invoice.
Cost Participation. The County will participate in the construction costs for the Project as provided herein. County’s Total Cost Participation. The County’s total cost participation in the Project shall be calculated as twenty five percent (25%) of construction costs up to a Not to Exceed (NTE) amount of $200,000 (“County Cost Participation”). Exhibit A identifies the actual bid prices obtained by the City and the County’s share.
Cost Participation a. It is mutually agreed by and between the parties hereto that the estimated cost and cost proration for this improvement is as shown on Table A. As shown in Table A, the COUNTY shall not have any cost participation in the bikeway or Xxxxxxxx Street portions of the project.
b. Upon receipt of final invoices, the COUNTY agrees to reimburse the VILLAGE it’s proportionate share of all cost participation agreed to in Table A provided that such final costs shall not exceed the amounts as shown in Table A.
c. Any additional State or Federal funding obtained for the PROJECT by the VILLAGE will proportionally reduce both the COUNTY and the VILLAGE share of CONTRACT costs.
Cost Participation. Aesthetic
Cost Participation. The County will participate in the construction costs for the Project as provided herein.
Cost Participation. The County will participate in the construction costs for the Project as provided herein. The County’s cost participation shall be a not to exceed (NTE) amount of Seventy Five Thousand Dollars and No Cents ($75,000.00). The City understands and agrees that the County’s total and only cost participation for the Project shall be an NTE amount of $75,000.00. In the event that the actual construction costs of the project come below an estimated amount, the County’s cost participation in such a case shall be 50% of the actual amount or an NTE amount of $75,000.00, whichever is less. Upon completion of the Project per the scope of work set forth in the “whereas” clauses above and the “Project Checklist for Infrastructure Funding Recipients,” attached herein, the City shall notify the County and submit an invoice for one hundred percent (100%) of the County’s share of the costs for the Project. The invoice shall include: date of invoice, invoice number, name of the project manager (Xx. Xxxxxx Xxxxx, P.E.), project name, county project number (C.P. 2183506), contract number, and purchase order number. The City shall include one project per invoice, provide the County with complete as built plans, and before and after photographs of the Project. Upon approval and acceptance of the completed project as well as all MnDOT ADA Compliance Checklist forms by the County Engineer or designated representative and within forty-five (45) days of receipt of the invoice, the County shall reimburse the City for its share of the costs for the Project. Invoices and supporting documentation should be mailed to: Hennepin County Accounts Payable, X.X. Xxx 0000, Xxxxxxxxxxx, XX 00000-0000. An electronic copy of all invoices and project documentation should also be submitted to xxxxxxxx@xxxxxxxx.xx It is understood by the City that the funds the County has set aside for the Project will be available for payment to the City for three years from the date of the County Board resolution approving the funding of the project (7/30/2022). It is further understood and agreed by the City that the County will not participate in the Project costs as set forth herein if the City has not invoiced the County within the three year period. The City’s point of contact is: Xx. Xxxxx Xxxxx, Project Coordinator, City of Plymouth Parks & Recreation. 00000 00xx Xxxxxx Xxxxx, Xxxxxxxx, XX 00000. Email: xxxxxx@xxxxxxxxxx.xxx. Phone: 000-000-0000. It is understood and agreed by the parties hereto that upon com...
Cost Participation. 1. City shall reimburse the Council for construction of the City Project. An estimated itemization of reimbursement of the construction costs is set forth in Exhibit B attached hereto and made a part hereof.
2. In addition to the construction costs of the City Project, City also agrees to pay to the Council a sum equal to a fixed rate of 7% the City Project construction costs for construction- related services, including but not limited to: surveying and contract administration.
3. The parties further agree that the project costs stated above in this Section VIII and more specifically shown on Exhibit B to this Agreement are an estimate of the construction costs for the contract work on the City Project. The unit prices set forth in the Council’s construction contract and the final quantities as measured by the Council’s contractor or designated representatives shall govern in computing the total final contract construction cost, including the cost of amendments and change orders as provided in Section VI of this Agreement for determining the final construction and administration costs of the City Project for reimbursement to the Council by City.
4. All direct payments to the Council’s contractor for work performed on the City Project will be made by the Council.
Cost Participation. The City’s cost participation in the Project is to be managed pursuant to the CCA. Notwithstanding any prior provision to the contrary, the City will cost participate in the County supplied equipment consisting of a traffic control signal cabinet equipped with controller, video detection equipment, and required accessories (“County Supplied Equipment”) to be installed as a part of the Project at an estimated amount of Thirty Thousand Dollars and No Cents ($30,000.00) (“City’s Cost Participation in County Supplied Equipment”).
Cost Participation. 6.1 The County and City shall separately pay the contractor for all project costs relating to the construction of the Project situated within their respective jurisdictions.
6.2 The County and City shall pay their invoices within 30 days of receipt of the invoices.
