O-1995-2076 - Laserfiche WebLink

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. . easements at no cost to City. (4) Owner agrees to pay all costs related to the construction and installation of said line(s) including necessary appurtenances in conformance with City's standards and specifications for said line(s). Owner further agrees to pay all engineering fees for survey, design, contract documents, bidding, construction staking, construction inspection, and preparation of As Built drawings. Any credit funding or other participation by the City shall be described below; Difference in cost of labor and materials for installation of a lr inch line verses a 8- inch line ner the anDroved nlans and specifications. Cost difference will be determined from comoetitive bids received by City on both 8- inch and lr water lines and subiect to review and apDroval by City. If the cost difference is determined to be inequitable or exceed available funds. Owner shall nel!otiate the City's narticination prior to award of the contract. (5) Subject to the provisions of this agreement, City hereby agrees to the construction and installation of said installation of utility main(s) according to the plans and specifications to be prepared by the Owner's engineer ~d approved by the City. Upon completion and approval of plans and specifications City will place the project for bid, when bids are received they shall be tabulated by the City and a copy of said tabulation shall be provided to City and Owner. Thereafter, Owner shall deposit with City in escrow a sum equal to the amount bid by the lowest responsible chosen bidder, for construction of an 8. inch water main, plus a sum equal to the estimated construction staking and inspection fees if applicable. When said deposit has been made by Owner, City shall authorize construction of said extension(s). It is agreed and understood that the deposited escrow amount made by Owner does not relieve Owner from paying for any unforeseen costs/or cost overruns in the project that result from circumstances beyond the control of the City. (6) City agrees to accept the value of the extension(s) that abut said Owner's property as a pro rata portion of the prevailing square footage and/or front footage connection charge for water and/or sewer service against said property belonging to Owner. Owner shall be responsible for all other customary charges. (7) Upon execution of this agreement and compliance with terms herein, City agrees to begin construction thereof as soon as the same may be let for contract as herein provided. City shall require the contractor under such contract to diligently pursue the construction of the project to completion. (8) In the event that other owners of property abutting the line(s) extended by Owner under this contract, as shoWD on the map attached hereto as Exhibit A and incorporated by reference herein, shall utilize the extended line(s) constructed under this agreement, by making connection thereto under a permit from City within a period of ten (10) years from and after