Res 2017-043/approving a participation agreement with Lazy Oaks Ranch, LP providing for the City to participate in the cost of oversizing certain Public Water System improvements in an amount not to exceed $1,028,631

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engineer registered in the State of Texas to monitor and inspect all phases of the installation of the Public Improvements for conformance with the plans and specifications approved by the City. 2.1.3 Independent Contractor. The Owner shall be solely responsible for selecting, supervising and paying the construction contractor(s) or subcontractors and for complying with all applicable laws, including but not limited to all requirements concerning workers compensation and construction retainage. The parties agree and understand that all contractors, employees, volunteers and personnel furnished or used by the Owner in the installation of the Public Improvements shall be the responsibility of the Owner and shall not be deemed employees or agents of City for any purpose. 2.1.4 Completion and Acceptance. The parties anticipate a completion date for the Public Improvements to be 180 working days from the commencement of construction. The date of completion shall be the date on which the City accepts the Public Improvements in accordance with the City's applicable ordinances, standards and processes and provides notice of such acceptance in writing to the Owner. a. Before the City accepts the Public Improvements, Owner agrees to and shall provide to the City such warranties associated threrewith as required under applicable ordinances and dedicate at no cost to the City all easements and/or rights-of-way, in forms acceptable to the City, related to and necessary for the location, operation and maintenance of the Public Improvements. 2.2 Cost Participation; Payment; Contract Matters 2.2.1 Overall Project Cost. The cost breakdown for the Public Improvements is set forth in the attached engineer's estimates, attached as Exhibit 2.2.2 City Participation Amount. The City is cost participating in the Public Improvements, in an amount not to exceed $1,028,630.36, for those portions of the work requested by the City to be included as itemized in Exhibit 2.2.3 Contractor Agreement. Owner will provide the City with a copy of the bid form provided by its contractor, and one complete copy of the construction contract between Owner and the contractor. a. Insurance Requirements. Owner will include in the contract requirements that the contractor must maintain commercial general liability insurance coverage for all of its operations under the