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• <br /> AGREEMENT <br /> For good and valuable consideration the receipt and sufficiency of which is hereby <br /> acknowledged, the parties agree to the following terms of this Memorandum of Agreement. <br /> 1. Project Description. The District and the City, pursuant to the responsibilities as described <br /> and allocated in this Memorandum intend to cooperate and undertake the design of the following <br /> project: <br /> Replacement of the District's existing twelve-inch-diameter cast iron water line with ductile <br /> iron pipe, from the vicinity of 132nd Street SE to the vicinity of 122nd Street SE <br /> (approximately 3,000 feet in total). <br /> Installation of certain vault and plumbing improvements near the intersection of SR 527 and <br /> 132nd Street SE, which will accommodate the future relocation of Master Meter No. 3. <br /> The overall objective is to prepare construction documents including plans, quantity <br /> estimates, opinions of cost and specifications for the replacement of the described water line. <br /> It is- assumed that the water line replacement will be designed concurrently with the SR527 <br /> Widening Project and that all meetings will be held concurrently with the SR527 Widening <br /> Project. The plans and specifications will be produced in metric units to provide consistency <br /> with the SR527 roadway-widening project. The plans and specifications will meet or exceed <br /> the Silver Lake Water District as well as the City Of Everett standards. The plans will also <br /> follow a style similar to the WSDOT format for utility improvements and shall be attached as <br /> a tied bid item for the final documents. <br /> The Washington State Department of Transportation (WSDOT) will manage the construction <br /> of the Project, in conjunction with the larger improvement of SR 527 between 112th Street <br /> and 132nd Street. The District will, therefore, separately contract with WSDOT for the <br /> construction of the Project. <br /> 2. Project Funding. Funding for the design of the Project shall be provided by the District. <br /> The estimated cost of the design is Thirty one thousand Dollars ($31,000.00). The design work <br /> will be performed by Perteet Engineering under contract with the City. The City will invoice the <br /> District for the whole and actual cost of the Project design; provided that the charges invoiced to <br /> the District directly relate to the improvements under the District's jurisdiction. Payments made <br /> by the District to the City shall not exceed $31,000.00 without prior written approval by the <br /> District. <br /> 3. Project Design. The City shall prepare the final, detailed design engineering for the Project, <br /> in accordance with City standards and specifications and in the WSDOT format. The District <br /> shall have final design review approval. <br /> 4. Financial Administration. During preparation of the final, detailed design engineering and <br /> specifications, the City will invoice the District for the design costs. The District will make <br /> payments to the City within thirty (30) days of receipt of the invoice(s) described above. The <br /> - 7 - <br /> BNa3221\8I\352904.V01 (7K@WO1!.DOC) , ^' <br />