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COMMUNITY COST -SHARE AGREEMENT <br />BY AND BETWEEN <br />THE NORTHEAST OHIO REGIONAL SEWER DISTRICT <br />AND <br />CITY OF LAKEWOOD <br />This Agreement is made and entered into this day of <br />2018, by and between the Northeast Ohio Regional Sewer District (District) acting pursuant to <br />Resolution No. 114 -13, adopted by the Board of Trustees of the District on May 16, 2013 <br />(Exhibit "A "), and the City of Lakewood (City) acting pursuant to Ordinance /Resolution No. <br />, adopted on 20 (Exhibit "B "). <br />Recitals <br />WHEREAS, the District, as a component of implementing a regional stormwater <br />management program, manages a financial account termed the "Community Cost -Share Accotmt" <br />that is for the aggregation and dissemination of funds derived from revenues collected from the <br />Stormwater Fee; and <br />WHEREAS, the purpose of the Community Cost -Share Account is to provide funding to <br />assist the City with District - approved projects through the Community Cost Share Program; and <br />WHEREAS, the Community Cost -Share Program funds are used for construction, <br />operation, and maintenance of the Local Stormwater System, including administrative costs directly <br />associated with such projects as well as costs related to repair or upgrade; and <br />WHEREAS, the District supports the Community Cost -Share 2018 Street Sweeper <br />purchase (the "Equipment Purchase ") as a Community Cost -Share project proposed by the City; <br />and <br />NOW THEREFORE, in consideration of the foregoing, the payment and the mutual <br />promises contained in this Agreement, the parties agree as follows: <br />Article 1.0 City Obligations <br />1.1 The City agrees to perform as follows: <br />1.1.1 Complete work as detailed in the District approved Community Cost -Share <br />application. (Exhibit "C ") <br />1.1.2 Complete and submit Progress Reports when submitting Request for Payment as <br />needed, or within 30 days of close of the Equipment Purchase, per Section 5.0 of <br />the Community Cost -Share Program Policy. <br />1.1.3 Notify the City's Watershed Team Leader at least 7 business days prior to the <br />Equipment Purchase. <br />