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<br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> Dollars and 00/100 cents ($I,520,000.00) (the "Estimated Project Cost"). City's fair <br /> share proportion of the Estimated Project Cost is Four Hundred Ninety Thousand <br /> Twenty Seven Dollars and 00/100 cents ($490,027.00). District's fair share proportion <br /> of the Estimated Project Cost is One Million Twenty Nine Thousand Nine Hundred <br /> Seventy Three Dollars and 00/100 cents ($1,029,973.00). The calculation of the <br /> Estimated Project Cost and City's and District's respective fair share proportion of the <br /> Estimated Project Cost is set forth in Exhibit "C," attached hereto and incorporated <br /> herein by reference. <br /> G. The Parties desire to enter into this Agreement to specify the terms pursuant to which <br /> City will construct, and District will reimburse City for District's fair share proportionate <br /> cost of, the Westminster Avenue Sewer Project. <br /> NOW, THEREFORE, in consideration of the mutual covenants, conditions and promises <br /> herein contained, it is hereby agreed by and between the City and the District, as follows: <br /> AGREEMENT <br /> <br /> 1. Project Construction. <br /> <br /> 1.1. City shall be responsible, at City's sole cost and expense, for bidding, awarding, and <br /> administering a contract for the construction of the Westminster Avenue Sewer Project, <br /> in conformance with the Plans and Specifications approved by the District and in <br /> accordance with all applicable laws governing construction of public works by either <br /> City and/or District, including, but not limited to, laws governing public bidding and the <br /> payment of prevailing wages. District shall be responsible for its own Project <br /> administration costs, including review of contract change orders, District inspection of <br /> the Project and District project coordinator activities. The contractor selected by City to <br /> construct the Westminster Avenue Sewer Project shall be hereafter referred to in this <br /> Agreement as the "Project Contractor," and the contract between City and the Project <br /> Contractor shall hereafter be referred to as the "Project Construction Contract." In the <br /> event the projected actual cost of the Westminster Avenue Sewer Project, as reflected in <br /> the bid of the lowest responsible bidder to which City intends to award the Project <br /> Construction Contract, exceeds the Estimated Project Cost by twenty percent (20%), <br /> City shall not award the Project Construction Contract without prior approval of <br /> District's Board of Directors. <br /> 1.2. City shall ensure that the Project Construction Contract requires the Project Contractor to <br /> provide insurance acceptable to District, to name District and the City of Garden Grove <br /> as additional insureds, and to indemnify, defend, and hold harmless District and the City <br /> of Garden Grove in a manner approved in writing by District prior to award of the <br /> Project Construction Contract. City shall not permit construction of any portion of the <br /> Westminster Avenue Sewer Project to commence until evidence of the required <br /> insurance and additional insured endorsements have been provided to and approved by <br /> District. <br /> <br /> 2 <br /> 9127%.1 <br /> <br /> <br /> 23A-8 <br />