Design Fee. If a developer wishes the District to design the system to be built, the developer shall pay to the District, in addition to the administrative fee, all expenses which the District incurs for its design services. At tender of this agreement, a deposit towards the design services shall be paid to the District. This deposit shall be $4,200.00, plus $5.00 per linear foot of water main to be installed, plus 10% of the estimated construction cost of all capital facilities other than water mains to be installed (e.g. pumps, reservoirs, ▇▇▇▇▇, and pressure reducing stations, etc.). This deposit shall be paid to the District on tender of this agreement. The amount of the deposit for design services is Prior to acceptance of the extension (see paragraph 14 of this agreement) the District will prepare an accounting of the total construction fee incurred. The difference between the total deposit and the construction fee shall be paid to the District prior to obtaining connection or service from the extension. If the total deposits exceed the construction fee, the District will reimburse the difference to the Developer.
Appears in 1 contract
Sources: Construction Agreement
Design Fee. If a developer wishes the District to design the system to be built, the developer shall pay to the District, in addition to the administrative fee, all expenses which the District incurs for its design services. At tender of this agreement, a deposit towards the design services shall be paid to the District. This deposit shall be $4,200.003,600.00, plus $5.00 4.25 per linear foot of water main to be installed, plus 10% of the estimated construction cost of all capital facilities other than water mains to be installed (e.g. pumps, reservoirs, ▇▇▇▇▇, and pressure reducing stations, etc.). This deposit shall be paid to the District on tender of this agreement. The amount of the deposit for design services is Prior to acceptance of the extension (see paragraph 14 of this agreement) the District will prepare an accounting of the total construction fee incurred. The difference between the total deposit and the construction fee shall be paid to the District prior to obtaining connection or service from the extension. If the total deposits exceed the construction fee, the District will reimburse the difference to the Developer.
Appears in 1 contract
Sources: Construction Agreement