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E. Preparation of an appropriate construction schedule. <br />DISTRICT shall provide any written work product by the engineer to CITY. <br />7. RIGHT -OF -WAY <br />CITY, with DISTRICT assistance, shall be responsible for acquiring, subject to approval of <br />DISTRICT, such land or interests in land needed to implement construction of the drainage and <br />flood control improvements as defined herein. The cost to be shared by PARTIES for right -of -way <br />acquisition may include relocation costs of existing occupants. Appraisal costs and costs <br />associated with condemnation (including outside legal costs) will also be considered a PROJECT <br />cost. Right -of -way acquisition by negotiation and / or the exercise of eminent domain shall be in <br />full compliance with the laws of the State of Colorado. In addition, the right -of -way acquired shall <br />be in the name of the CITY and the conveyancing document shall be promptly recorded in the <br />records of the Clerk and Recorder of the County wherein CITY is located. DISTRICT shall serve <br />as the paying agency. <br />A. Coordination of Right -of -Way Acquisition. Cost sharing by PARTIES will be based on <br />supporting documentation such as formal appraisals, reasonable relocation cost settlements, <br />legal description of the property, and other information deemed appropriate to the <br />acquisition. Furthermore, cost sharing will be only for the properties, or portions thereof, <br />approved by PARTIES to be needed for the drainage and flood control portions of <br />PROJECT. Request for such approval shall include appraisals of property, legal description <br />of the property, and other information deemed appropriate to the acquisition by PARTIES to <br />this Agreement. CITY shall purchase the right -of -way only after receiving prior approval of <br />DISTRICT, and such purchases shall be made with PROJECT funds. <br />B. Payment for Right -of -Way Acquisition. Following purchase or receipt of executed <br />memorandum of agreement between CITY and property owner for the needed right -of -way <br />that commits the property owner to sell property to CITY at a price certain and on a date <br />certain, CITY shall so advise DISTRICT and request payment as provided above. <br />DISTRICT shall make payment within 30 days of receipt of request accompanied by the <br />information set forth above. <br />C. Ownership of Property and Limitation of Use. CITY shall own the property either in fee or <br />non - revocable easement and shall be responsible for same. It is specifically understood that <br />the right -of -way is being used for drainage and flood control purposes. The properties upon <br />which PROJECT is constructed shall not be used for any purpose that will diminish or <br />preclude its use for drainage and flood control purposes. CITY may not dispose of or <br />change the use of the properties without approval of DISTRICT. If, in the future, CITY <br />disposes of any portion of or all of the properties acquired upon which PROJECT is <br />constructed pursuant to this Agreement; changes the use of any portion or all of the <br />properties upon which PROJECT is constructed pursuant to this Agreement; or modifies any <br />\dcm\agrmnt \11 \110403 4 <br />