Laserfiche WebLink
. . . ....... ....... .. . . . _..i _ . . . <br />? <br />respect to the Project to obtain, from the Department, the <br />schedule of prevailing rates of wages applicable to laborers and <br />mechanics for the classes of work called for by the Project, on <br />or before the earlier of (i) the commencement of construction of <br />the Project, or (ii) the adoption by the City Council of the <br />City of its ordinance authorizing issuance of the Bonds and <br />execution of the Financing Agreement; and (2) unless the City <br />appoints a prevailing wage coordinator (the "Coordinator") for <br />the Project under Section 4115.071 of the Ohio Revised Code, the <br />Borrowers shall request that the Department appoint a <br />Coordinator; and (3) until such time as the City or the <br />Department appoints a Coordinator, the Borrowers shall designate <br />one of their officers, employees or agents to act as Coordinator <br />for the Project and to perform all of the applicable functions <br />and duties thereof under Chapter 4115 of the Ohio Revised Code <br />with respect to the Project, including making available for <br />public inspection all files, reports and other documentation <br />submitted by Project contractors and subcontractors. If the <br />Coordinator is an employee of the City or the Department, the <br />cost of such employee's services as Coordinator, as determined <br />by the City or the Department, shall upon demand be reimbursed <br />to the City or the Department by the Borrowers. <br />4. If the Borrowers abandon the Project, they shall <br />notify the City, whereupon this Agreement shall terminate. In <br />addition, this Agreement shall terminate one year after <br />completion of the Project if for any reason the Borrowers have <br />not by then requested the City to issue the Bonds. Upon any <br />-4-