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> state and the question of whose money is used to build the > addtional parking will affect this issue. The county needs to > discuss Alternate 2 in mare detail before we approve the > development agreement. I have assumed that Alternate 2 will be funded by the private developer. Shouid some other arrangement be determined to be in the projects best interest, we can amend the development agreement. I don't think the final decision will be made until after the bids are received and the development agreement can't wait that long. > 4. One major cost item does not fit the model. Melvin > Mark's contract is not being shared using any known mode > or farmula. The county pays the largest share. Why? You are right about this, however, the figures shown do comply with the contractual agreement between the County, Transit, and Melvin Mark. The deviation is in the service pravided prior to the time MMDC said the RFP contract kicked in. All expenses under the RFP have been shared in accordance with the cost-sharing model. > 5. Is there going to be a work session with caunty staffto > review the model? Once FTA approves it, we need to live > with the formulas. However, the dollar amounts we pay can > change depending on char~ges in specific construction costs > i.e. concrete, etc. As indicated in the models, we intend to estabiish the base model and cost-sharing with these documents based on the current ACC estimate with the adjustment for removal of the gates. We will make any adjustment necessary from the estimate at the conclusion of CDs, and reconfirm those costs from the bids. We will pay according to the current model until, and unless, some adjustment is made later, in which case we will make an adjustment for costs already paid by each partner. The only reason for the cost-sharing model is to facilitate not having to split up every invoice submitted dwing construction, instead having a pre-determined percentage of every invoice regardless of whether the actuai construction cost could be attributed directly ta one partner or another i.e. bus mall, parking. Adoption of this model and approval by FTA will allow us to reconcile all expenses made to date and get our paying agent process running.