UNDERGROUND UTILITIES DISTRICT - Laserfiche WebLink

1. Contractor to Construct Improvements. Owner shall have the City's electrical contractor convert the overhead utilities on the Property to underground ("the Improvements"). 2. Owner to Reimburse City. The cost to City for the work on the Property is estimated to exceed the funds available for the Property under Rule 20A, in the amount set forth in the attached Exhibit A. Owner shall reimburse the City for such costs as provided in paragraph 3. If the contractor's bid exceeds the attached estimate, Owner will be allowed to review the bid received and within seven days either object to or accept the bid. If Owner objects to the bid, Owner shall assume all responsibility to convert the utilities on the Property and a licensed electrical contractor shall perform such work. 3. Payment Made When Work is Completed. Upon completion of the work by the City's contractor, City shall invoice Owner for the costs in excess of the Rule 20A funds available for the Property and Owner shall reimburse the City within 60 days thereafter. 4. Ownership of the Improvements. When in the City Engineer's judgment the work is completed, the Improvements on private property will become the property of the Owner and the Owner shall be responsible thereafter for any maintenance or alterations thereof. 5. Inspection. City will inspect all of the work being performed through an inspector employed by City and at the cost and expense of the City. Owner acknowledges that a right of entry to the Property has been executed, is on file with the City Clerk and provides legal access to the Property by the City's contractor and inspectors. 6. Notices. All notices herein required shall be in writing and shall be delivered by mail, postage prepaid. Notices required to be given to City shall be addressed as follows: U:\A TO G\First Street Rule 20A\Draft Reimbursement Agreement with Roush and Phil's Comments.doc