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- ~ - 9.20.83 <br />C169-323 ~-- <br />AG92 <br />H. Valley is aware that environmental assessment <br />and adoption of mitigation measures as appropriate will be <br />required by the City prior to PUC approval of the <br />construction of the at-grade crossings. <br />I. The parties contemplate that either an <br />Addendum to this agreement or a separate agreement shall be <br />necessary prior to Valley's advancing money for actual <br />construction of the at-grade crossings. <br />The parties hereby agree as follows: <br />1. Reimbursement. Valley agrees to reimburse <br />- City for up to Thirty Thousand and no/100ths Dollars <br />($30,000.00) in costs to be incurred in order to prepare and <br />process a PUC application seeking approval for the <br />construction of the at-grade crossings on Valley Avenue near <br />Stanley Boulevard and Busch Road. <br />2. Procedure for Payment. City shall bill <br />Valley by invoice for reimbursement on a periodic basis of <br />City incurred costs and expenses for which City is entitled <br />to reimbursemnt from Valley pursuant to this agreement. <br />Payments by Valley to City of amounts for which City is <br />entitled to reimbursement pursuant to this agreement shall <br />be due and payable to City thirty (30) days from the date of <br />invoice. <br />3. Assessment District. The parties shall <br />cooperate with each other to cause the Valley Avenue <br />Extension Improvement District to be formed as soon <br />as reasonably practicable to assure the financing of <br />-3- <br />