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lntergovernuiental Cooperation ASreeme�lt <br /> K-Mart I'ump Station Replacement <br /> 3. CONSTRUCTION TIME <br /> The K-Mart Pump Station is scheduled to be constructed duriil�;the 200b-2009 <br /> DISTRICT�scal year(May l,200�5 - Apri] 30,2009.) <br /> 4. ESTIMATED PROJECT COST <br /> The followinb itemized list of Pr�ject Costs is included as a guide to estimate project <br /> expense: <br /> (a) Design of New K-Mari Pump Station $ 25,000 <br /> (b) Construction of New Pump Station $l 00,000 <br /> (c) Construction Engineering oi�New Pump Station $ 10,000 <br /> (d) Legal $ 3,000 <br /> Estimated Project Cost $138,000 <br /> This is strictly an estimate and due to uncertain economic conditions, the costs may vary <br /> greatly from this estimate. <br /> Upon bid opening,the DISTRICT will provide CITY with bid amounts and CITY will <br /> provide concurrence letter prior to DISTRICT entering into construction agreement. <br /> 5. FUNDING AND REPAYMENT <br /> The CITY will wholly fund this project. <br /> All actual expenses that arise from this project,including but not limited to professiona] <br /> services rendered by Bainbridge,Gee, Milanski and Associates and the DISTRICT will be <br /> invoiced to the CITY. The CITY agrees to reimburse the DISTRICT for invoiced expenses <br /> within fifteen (15) days of invoice. <br /> 6. SOURCE OF PAYMENT <br /> The CITY hereby pledges its full faith and credit for the repayment of expenses incurred <br /> herein described. <br /> 7. CONTRACT AGREEMENT FOR DESIGN OF THE NEVV K-MART PUMP STATION <br /> The DISTRICT will contract with the firm of Bainbridge, Gee,Milanski &Associates, <br /> Inc. of 1670 S. Taylorville Road,Decatur, Illinois,to design and provide plans and <br /> specifications for the New K-MART PUMP STATION. See attached Exhibit 'B' <br /> 8. CONTRACT AGREEMENT FOR CONSTRUCTION SUPERVISION OF THE NEW K- <br /> MART PUMP STATION <br /> The DISTRICT will,upon completion and acceptance of plans and specifications for the <br /> New K-MART Pump Station, contract with the f rm of Bainbridge, Gee, Milanski & <br /> Associates,Inc., 1670 S. Taylorville Rd.,Decatur,Illinois 62521,for construction <br /> supervision of subject project. See attached Exhibit'C' <br /> The District agrees,in construction of the pump station, to require compliance with all <br /> inunicipal, state,and federa] laws,including but not limited to,Prevailing Wage laws. <br /> 9. IN SURANCE <br /> The Sanitary District agrees to rec�uire the contractor for the New K-MART PUMP <br /> STATION Project to indemnify and hold the CITY, its agents, officials, aud employees <br /> AGREE - 2 <br />