Design Funding. If funding from PDC for design of the Phase 2 Greenway pursuant to this Section has not been identified and encumbered at the time ZRZ desires to design the Phase 2 Greenway Design Triggering Project, then ZRZ may, in its sole and absolute discretion, design the entire Phase 2 Greenway consistent with the above terms in this section including mutual agreement on final design. In such event, ZRZ shall be reimbursed by PDC for PDC’s share of such costs as per Section 7.3.3 below, from cash or cash equivalent, subject to the preconditions that (i) PDC and ZRZ shall agree in writing to the terms and timeline for reimbursement by PDC to ZRZ in advance of any costs being incurred, and (ii) PDC is not obligated to reimburse ZRZ for any costs incurred prior to both Parties’ execution of a written agreement on the terms and timeline of reimbursement.
Design Funding. The County shall appropriate funding for the Schematic Design preparation, based on a percentage of anticipated costs, related to the estimated design and permitting costs outlined in the previously completed Joint Master Plan, in the attached document titled 2019.03.25 CC#3 Estimate-Option 11-Split. This percentage is to be 40.75% of the total Schematic Design fee. The County’s portion of the Schematic Design Fee shall be due regardless of whether the County proceeds with the Project. The total anticipated cost for the Schematic Design phase is $375,000 for which the County will be responsible for up to $152,812.50 (40.75%). County portion included in prior and current Fiscal Year CIP (FY20).
Design Funding. The Town shall appropriate funding for the Schematic Design preparation, based on a percentage of anticipated costs, related to the estimated design and permitting costs outlined in the previously completed Joint Master Plan, in the attached document titled 2019.03.25 CC#3 Estimate-Option 11-Split. This percentage is to be 59.25% of the total Schematic Design fee. The Town’s portion of the Schematic Design Fee shall be due regardless of whether the Town proceeds with the Project. The total anticipated cost for the Schematic Design phase is $375,000 for which the Town will be responsible for up to $222,187.50 (59.25%). Town portion was appropriated in its 2019 annual budget. The Town shall make payment to the County for the Town’s $222,187.50 share of the project cost within 60 days of notice from the County that the contract with the consultant has been signed.
Design Funding. The County shall appropriate funding for the Joint Master Plan preparation in an amount not to exceed $50,000.00.
Design Funding. The Town shall appropriate funding for the Joint Master Plan preparation in an amount not to exceed $20,000.00.
