O-1996-2087 - Laserfiche WebLink

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": e e WHEREAS, in support of the Project, the District is willing to administer the design and construction of the Project, at its own expense; and WHEREAS, in support of the Project, the City is willing to adjust all City-owned utilities that are affected by the Project, at its own expense. NOW THEREFORE, in consideration of the mutual covenants, agreements, and benefits to the parties herein, the parties agree as follows: ARTICLE I. The District shall coordinate preparation of construction plans and specifications, and administer bidding, construction, inspection, materials testing and surveying for the project at the District's sole expense, which expense will not be offset against the District's share of the cost of the Project. The District intends to bid and award construction of the Project in a manner similar to that utilized by the District for other like and similar projects, and to award the contract in accordance with applicable competitive bidding laws. ARTICLE II. The City agrees to relocate any City-owned utilities affected by the Project, at the City's sole expense. The cost of any such relocations will not be offset against the City's share of the cost of the Project. ARTICLE III. The District shall notify the City in writing of the bid price of the Project within thirty (30) days after verifying and accepting a legal bid for the Project that is in the amount of $200,000.00, or less. ARTICLE IV. The City shall pay to the District an amount equal to one- half of the bid price of the Project as the City'S share of the cost of the Project, subject to the provisions of Article IX of this Agreement, wi thin thirty (30) days after receipt of the aforesaid notice. ARTICLE V. Ei ther party may rescind this agreement by gi ving thirty (30) days written notice to the other party, as provided for in Article XI of this Agreement, if an acceptable bidder does not respond to the advertisement, fails to execute the construction 2