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<br />.. . <br /> <br />i' <br /> <br />e <br /> <br />e <br /> <br />WHEREAS, the District and the City have determined it would be to the <br />mutual benefit of the City and the ~istrict to cooperate in the Project and to <br />share the costs of the Project which accomplishes their mutual desires, <br />separate undertakings being more costly and less efficient; and <br />WHEREAS, the District is willi~g to furnish funds for the project in the <br />amount of $3,000,000.00, not provided by the City and to obtain all <br />right-of-way, let contracts for and administer the design and construction of <br />the Project, if and only if, the City will contribute those funds referred to <br />herein; and <br />WHEREAS, the City is willing to adjust all City owned utilities at its own <br />expense; <br />NOW THEREFORE, in consideration of the mutual covenants, agreements, and <br />benefits to the parties herein, it is agreed as follows: <br /> <br />~TICLE I. <br />Within thirty (30) days of obtaining necessary right-of-way, the District <br />shall give notice in writing of the same as to the cost of said right-of-way <br />as provided herein. <br /> <br />ARTICLE I I. <br />Within thirty (30) days of the receipt of the aforesaid notice, the City <br />shall pay to the District the cost of acquiring said right-of-way, subject to <br />provisions under Section XII of this Agreement. <br />ARTICLE III. <br />Within thirty (30) days of completion and approval of the construction <br />plans and specifications therefor, the District shall give notice in writing <br /> <br />.-page 2- <br />