HomeMy WebLinkAboutC09-092 Tusca IIAGREEMENT TO TERMINATE JULY 27, 2007 AGREEMENT FOR DESIGN AND CONSTRUCTION OF EAGLE COUNTY HAZARDOUS WASTE FACILITY Eagle County, Colorado ("County") and Tusca II, Inc. ("Contractor") hereby agree to termination of the Agreement between them for Design and Construction of the Eagle County Household Waste Facility dated July 27, 2007 ("the ADC"), on the following terms and conditions: 1. In full and complete satisfaction of County's financial obligations under the ADC, County shall pay, in addition to amounts County already has paid to Contractor pursuant to the provisions of the ADC, to or for the benefit of Contractor, as provided in Paragraph 4 hereof, the additional amount of $32, 019.00, which amount is equal to the retainage ("the Retainage") held back by County from previous payments to Contractor in accordance with the provisions of the Design and Construction Agreement. 2. Promptly upon execution of this Agreement, County will commence publication of the Public Notice of Final Settlement in accordance with the provisions of C.R.S. 38- 26-107(1). 3. Prior to the date specified in such Public Notice for Final Settlement, Contractor shall deliver to County items 1, 2, 4, 5, 8 and 9 as specified in General Conditions Section 21.2.A (which General Conditions constitute a part of the Agreement for Design and Construction). 4. Promptly following the date specified in such Public Notice for final payment, County will pay directly all claims submitted pursuant to such Public Notice, provided that if the amount of the Retainage is insufficient to cover all such claims submitted in accordance with C.R.S. 38-26-107, County shall disburse the Retainage to the claimants on a pro rata basis, and Contractor shall be responsible for payment to claimants of the balance of such claims; if the amount of the Retainage exceeds the total amount of such claims, then County shall promptly pay such excess amount directly to Contractor. It is understood and agreed that any claims that Contractor might assert against County were it not for this Agreement shall not be considered claims submitted under C.R.S. 38-26-107 within the meaning of this paragraph. 5. In consideration of each party's fulfilhnent of its obligations hereunder, each party hereby releases the other and the other's respective officers, employees and agents from any an all claims each might otherwise have against the other or such other's respective officers, employees or agents arising under or from the Agreement for Design and Construction or the performance or non-performance of their respective obligations under the Agreement for Design and Construction, provided, however, that Contractor's warranties under General Conditions 19 and 27 and in the Letter of Guarantee August 28, 2008 shall remain in full force and effect except with respect to Tarm Pellet Boiler. 6. The parties agree that this Agreement is entered into in order to expedite resolution of any and all disagreements concerning or differences of interpretation of the ADC or the work performed thereunder and is not an admission by either party of fault in performing under the ADC, and the parties agree that neither they nor their respective officers, employees or agents will disparage the other or the other's respective officers, employees or agents. Executed as of the 17th day of March, 2009, by: Eagle County, Colorado ~~ By Attest: ~~ • _ sr Teak Simonton; Clerk and Recd Eagle County, Colorado " Tusca II, Inc. __ _ By - - - _ - ~' r