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RENTAL AGREEMENT #148 ""' . STATEMENT OF AGREEMENT RENEWAL JOINT USE RENTAL AGREEMENT NO. 148 /. The Metropolitan Waste Control Commission and the City of Hopkins agree to renew the Joint Use Rental Agreement No. 148 under the terms and conditions contained in the agreement which is currently in force between these parties. The renewal period shall be for five (5) years commencing on January 1, 1983 through December 31, 1987. The Commission hereby agrees to pay the municipality the total sum of $8,050.00 for the use, operation and maintenance of the interceptor sewers described in Exhibit "A" of the original agreement on or before January 31 of each calendar year during the agreement renewal period. On or before November 1, 1987, the Commission may give the municipality written notice of its intention to renew this Agreement. Within thirty (30) days after receipt of such notice the municipality ~ shall notify the Commission in writing whether it will renew the Agreement. If the municipality fails to give such notice within such per iod, the Agreement s hall be renewed for the following calendar year without modification, except by consent of both parties. If the Commission fails to give the municipality notice of its intention to renew by November 1,1987, the Agreement shall be renewed only by consent of both parties. That both parties agree to the renewal period and terms is evidenced by the signatures affixed to the renewal Agreement. CITY OF HOPKINS METROPOLITAN WASTE CONTROL COMMISSION George H. Frisch, Chairman George W. Lusher, Chief Administrator Date Date