Laserfiche WebLink
WHEREAS, the State agrees to provide a one-time lump sum payment to the City and a <br /> one-time lump sum payment to the County in lieu of the scheduled resurfacing of Nebraska <br /> Highway 11 for the relinquishment of existing Nebraska Highway 11. This payment is the <br /> estimated cost to tha State for preparation of the project for letting,construction and inspection <br /> of the project, and <br /> WHEREAS,the City and County agrees as follows and autharized their respective <br /> officials to execute this supplemental agreement as evidenced by a Resolution of the City <br /> Council dated the day of , 2013, and a County Board Resolution dated <br /> the day of , 2013, attached hereto as EXMIBIT"C"and <br /> EXHIBIT"D", respectively and hereby made a part of this agreement by this reference, and <br /> NOW THEREFORE, in consideration of these facts,the parties hereto agree as follows: <br /> SECTION 1. Section 2 of the Original Agreement is amended to include the following: <br /> The State Functional Classification vf the relinquished Nebraska Highway 11 will be reclassified <br /> to the appropriate classification for its function. In consideration of the City's and the County's <br /> requests for a lump sum payment in lieu to the State constructing the resurfacing project of <br /> Nebraska Highway 11 within the City's Corporate Limits and the remaining segment in the <br /> County,the State agrees to pay the City and the County in the following manner. <br /> A. The State shall complete the necessary contract letting documents(Plans, <br /> Specifications and Estimates)and construction for the relocation of Nebraska <br /> Highway 11 at a location sauth and west of the City and the pedestrian overpass <br /> near East Street. <br /> B. 7he State's District Engineer will notify the City and the County of the completion <br /> and acceptance by the State of the relocated Nebraska Highway 11 and <br /> pedestrian overpass. Upon being notified,the City will invoice the Stat�for the <br /> agreed amount of$82,000. Upon being notified,the County will invoice the State <br /> for the agreed amount of$104,000. The State will make every reasonabl�effort <br /> to make this payment to the City and the County within thirty days. <br /> C. The Parties agree that upon payment,and pending filing of the Relinquishment <br /> Instrument with Hall County Register of Deeds,the responsibility for the design, <br /> construction, reconstruction, operation,and maintenance of the relinquished <br /> segments will be the Gity and County for their respective areas. <br /> Project Nn. STPD-STPN-TM7-11-2(114) -2- Supplemental No. 2 <br /> Control No.42032 Agreement No. 5L0403 <br /> Wood River West <br />