Church Construction Agreement by kko50768

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									               PARKING LOT CONSTRUCTION PAYMENT AGREEMENT
                                 BETWEEN
              GOODHUE COUNTY AND THE FIRST LUTHERAN CHURCH

This agreement is hereby made between the Goodhue County Board of Commissioners
(Goodhue County) and The First Lutheran Church of Red Wing (First Lutheran) for the
purpose of payment to Goodhue County for the reconstruction of the parking lot located at
615 West 5th Street, Minnesota.

WHEREAS, Goodhue County and First Lutheran entered into an agreement entitled “Parking
Lot Agreement between Goodhue County and The First Lutheran Church” dated August 16,
2006 whereby the parties agreed to “jointly share (50/50) the costs of reconstructing the
parking lot located in the southern half of Block 14 in Red Wing.”

WHEREAS, the reconstruction of the above referenced parking lot was completed on
September 12th, 2008 at a cost to Goodhue County of $124,193.19

WHEREAS, the improvements to the parking lot were made for the mutual benefit of the
parties.

WHEREAS, the parties wish to enter into this agreement to set the conditions upon which
First Lutheran will reimburse Goodhue County their agreed upon portion of the reconstruction
costs.

NOW, THEREFOR, the parties agree to the following conditions:

         1.       That First Lutheran agrees to reimburse Goodhue County the total sum of
                  $62,096.60 (one half the total cost of $124,193.19) according to the following
                  schedule:

                     •   1st installment of $20,698.87 due on or before December 15th, 2008.
                     •   2nd installment of $20,698.87 due on or before December 15th, 2009.
                     •   3rd installment of $20,698.87 due on or before December 15th, 2010.


GOODHUE COUNTY                                      FIRST LUTHERAN CHURCH OF
                                                    RED WING
_________________________                           __________________________
Dan Rechtzigel                                      Church Official
Goodhue County Chair

_________________________                           __________________________
Scott O. Arneson                                    Church Official
Goodhue County Administrator

_________________________                           __________________________
Date                                                Date




Drafted 9/22/08

								
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