<br /> 0~~/'16/2005 WED 08:41 FA% 541 682 496 PW TRANSPORTATION ~ 002/007 <br /> PAVEMENT STRIPING AGREEMENT <br /> CITY "PEPI" PROJECT NO. 4015 <br /> LOCATION: Ed Cone Blvd. Extension Project, from Owen Loop jwesterly loops) to West 11'~ Avc. <br /> BETWEEN: The City of Eugene, au Oregon Municipal Corporation <br /> (City) <br /> AND: Cone Investment, LP <br /> (Developer) <br /> RECITALS <br /> f <br /> ~ A. Developer owns certain property within the City of Eugene, Lane County, Oregon obligated under <br /> conditions of City's "PEPl" (Privately Engineered Public Improvement) agreements and as shown on <br /> Drawings for City PEPI Project No. 4015. <br /> 13. 'The Developer's Contractor wishes to complete and close-out the Project without the encumbrance of <br /> future-date `pavement striping and markings" effecting the; warrantee date of all Contractor's project <br /> work that has been completed on schedule, <br /> i <br /> i C. Developer has ntiaclc a request to the City for the separation of the work items identified as pavc;ruent <br /> j striping and markings from a(! the other project work that the Developer is required to complete, <br /> ~ shown on Drawings for City PEPi Project No. 4015. <br /> ~i <br /> I <br /> ' D. The City responded to the Developer's request by providing a cost esttritate of $3,858.94 for the City <br /> to provide the project pavemant striping and markings. <br /> i <br /> E. City and Developer wish to enter into this agreement to set forth the parties; understanding and <br /> obligations relating to the components of the Pavement Striping Agreement. <br /> i <br /> F. ' The following ve attached and incorporated as a part of this contract: <br /> Exhibit A - Sheet 7 Drawing, City PEPI Project No. 4015 <br /> 'I <br /> { AGREEMENT <br /> ' ~,Novr, therefore, in consideration of the foregoing Recitals, which by this reference are incorporated herein <br /> 1as iF set forth in full, and of the mutual covenants, conditions and obligations on the part of each party to be <br /> ~Cept and performed, it is heroby agreed ss follows_ <br /> 1. CITY TRANSPORI'ATLON DEPARTMENT OBLIGATIONS: City shall provide project <br /> pavement striping and markings for the final phase of Ed Cone Blvd. as shown on Exhibit A and as <br /> modified by item 5 below. <br /> 3 <br /> lr <br /> <br />