Process for Determining District's Projects Clause Samples

Process for Determining District's Projects. Upon execution of this Agreement and on the anniversary date of execution each year thereafter, the District shall (1) provide the County a Statement oflntent indicating the amount of funds it has available for its District's Projects for that year, including the source of such funds, and (2) prepare and submit to the County a prioritized list of projects that the District proposes for inclusion that year in the District's Projects. For each project on the list the District shall include the route, beginning and ending termini, and a detailed description of the type of work required. The District shall not submit any projects for which the District's cost for design, right-of­ way acquisition, or construction are reimbursable with Federal funds or Federal grants. Upon receipt by the County of the District's Statement of Intent and list of prioritized projects each year, the County shall review and design the same to ensure that the District's available funds are sufficient to cover the estimated costs of the listed projects. The parties shall cooperate to make a final determination as to which projects to include in the District's Projects for that year, including a determination as to a Final Estimated Cost, which shall be reflected in an Addendum to this Agreement. The Final Estimated Cost will include (1) a total of all estimated materials at the County's estimated bid price (hereinafter referred to as "Materials Estimate"), and (2) a charge of 15% of the Materials Estimate for the cost of engineering work performed by the County on the District's behalf (hereinafter referred to as "Engineering Estimate").