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4/05 File With Document #: 147437 Investigation #: 2017-162 Agent: Crystal Sanchez Document #: 189561 LPM #: RELOCATION AGREEMENT This agreement is made and entered into this day of 2018, by and between City of Louisville, hereinafter referred to as City, and Public Service Company of Colorado, a Colorado corporation, hereinafter referred to as PSCo, and concerns the relocation and/or modification of Parkway to Valmont 115kV electric transmission line, as found in the NE1/4 of the SE1/4 of Section 5, Township 1 South, Range 69 West of the 6th Principal Meridian, County of Boulder, State of Colorado. STATEMENT OF WORK In order to accommodate the construction of the SH 42 Underpass, at the sole expense of City, PSCo shall furnish or cause to be furnished, all equipment, labor, and materials necessary to relocate and replace PSCo's electric transmission line structure (86), approximately 10 feet north of its current position as depicted on Exhibit A attached hereto and incorporated herein. This work is referred to as the "Project" COMPENSATION City shall compensate PSCo for all costs of the Project, including, but not limited to, the cost of engineering the Project, the cost of labor, materials, loss of revenue, and any other losses which may be suffered by PSCo to the extent that those losses are a direct or proximate result of the work specified herein, and not the result of PSCo's negligence. The estimated cost of the Project is $168,046.00. This amount is due upon execution of this agreement, and shall be paid to PSCo before commencement of the construction of the Project. Necessary changes in the scope of the Project may result in a difference between the estimate and the actual cost of the Project. PSCo shall account for costs, using PSCo's method of charging costs of jobs as approved by the Colorado Public Utilities Commission (PUC). Upon completion of the work, PSCo shall provide a "Statement of Charges" to City, which will contain an itemization of all actual costs charged to the Project. If the total cost of the construction is less than the estimated amount for the Project, the balance shall be returned to City on or before one hundred twenty (120) days following completion of the work. If the total cost of the construction exceeds the estimated amount for the Project, City agrees to compensate PSCo for the excess amount. Full payment by City for the Project shall be made within thirty (30) working days upon receipt of the "Statement of Charges." In the event City abandons its plan for the Project, for any reason whatsoever, this agreement shall terminate. Upon termination, City shall reimburse PSCo for any and all expenses incurred by PSCo pursuant to this agreement, including site cleanup and any necessary restoration of PSCo's facilities and right-of-way. PSCo shall provide a "Statement of Charges" to City, which will contain an itemization of all actual costs incurred due to the termination. The same provisions above shall apply if the total cost is less than or exceeds the estimated amount for the Project. 1 of 4