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ii. Public Works shall supervise and administer all necessary contracts with the <br />design consultant and the construction contractor. <br />d. Duties of Redevelopment. <br />Redevelopment hereby agrees as follows: <br />Redevelopment shall have the duty of receiving, discharging, and accounting <br />for all the monies of this joint undertaking and shall make payments upon <br />authorization from Public Works. <br />e. Ownership of Project <br />i. Upon completion of each respective aspect of the Project, the ownership of <br />Coveleski shall remain with Parks. <br />III. ADMINISTRATION <br />This Agreement shall be administered by a joint board consisting of the Parks <br />Superintendent, the City Engineer and the Director of Redevelopment. Modifications of Phase 1 <br />costs and the addition of all future Phases shall be subject to the approval of the parties to this <br />Agreement. Upon completion of the Project, a final audit shall be performed by Redevelopment. <br />IV. DURATION <br />This Agreement shall go into effect when it has been approved by each of the parties, <br />approved by proper resolution of the governing body of the City of South Bend and has been <br />recorded with the St. Joseph County Recorder. The Agreement shall terminate on December 31, <br />2013 unless extended or sooner terminated by the parties. <br />(Signature Page Follows) <br />