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R95-43 AUTHORIZING SITE PARTICIPATION AGREEMENT
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R95-43 AUTHORIZING SITE PARTICIPATION AGREEMENT
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7/11/2016 2:07:26 PM
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7/11/2016 2:07:23 PM
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Resolution/Ordinance
Res Ord Num
R95-43
Res Ord Title
AUTHORIZING SITE PARTICIPATION AGREEMENT
Approved Date
4/17/1995
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, , . <br /> c � <br /> � , : • <br /> <' <br /> Party, at any time, believes such negotiations have reached an impasse, such Party shall �ive 'i <br /> written notice of the impasse to the other Parties. If the dispute has not been resolved �� <br /> within ten (10)business days following the date of such notice,Borg-Warner shall determ.ine �i <br /> how to proceed and will so notify the other Parties. Within thirty (30) days thereafter, any <br /> Party may, by written notice to the other Parties, terminate this Agreement without penalty. <br /> AR'I'ICLE 7: INTF'Rrtir_ :�I�CATION OF COSTS <br /> 7.1 Sco�e. Tne purpose of this Article is to set forth the allocarion of eosts <br /> incurred during the performanc� of the Work. The allocation percentages set out in this <br /> Article control the division of the City Property Shared Casts and Carveout Area Share3 <br /> Costs, and are effective and binding u.�til a final allocation decision for eac� category of <br /> costs is rendered under Article 8 of this Agre�ment <br /> 7.2 Allocation Percenta;�s. The Parties agre� to allocate Carveout Area <br /> Shared Costs (as defined in Article 1) in accordanc� with the following Carveout Area <br /> Allocarion Perc�ntages: <br /> Zexel: 20 percent <br /> Borg-Warner: 40 perc�nt <br /> Mueller: 3d perc�nt <br /> City: 10 perc�nt � <br /> The Parties agree to allocate City Property Shared Costs (as de5ned in Article <br /> 1) in accordance with the following City Property Allocation Percentages: <br /> 14 <br />
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