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Type of Work CoDERAL st % Cost ATE % Cost % Total <br /> All construction <br /> costs excluding $4,160,000 80 $1,040,000 20 $ 0 NA $5,200,000 <br /> the following: <br /> Traffic Signal <br /> Revisions at $20,000 80 $2,500 10 $2,500 10 $25,000 <br /> Mound Road <br /> Traffic Signal <br /> Revisions at $20,000 80 $2,500 10 $2,500 10 $25,000 <br /> Ash Avenue <br /> Subtotal $4,200,000 $1,045,000 $5,000 $5,250,000 <br /> P&C <br /> Engineering $630,000 $156,750 $750 $787,500 <br /> 15% <br /> Total $4,830,000 $1,201,750 $5,750 $6,037,500 <br /> Participation and reimbursement shall be predicated by the percentages shown above for the <br /> specified work. Cost shall be determined by multiplying the final quantities by the contract <br /> unit prices plus 15%for construction and preliminary engineering. Participation toward traffic <br /> signals shown above shall not exceed $7,200 which represents 125% of their estimated <br /> construction and engineering cost. <br /> 4. The CITY has passed a resolution appropriating sufficient funds to pay its share of the <br /> cost for this improvement, a copy of which is attached hereto as "Exhibit A" and made a <br /> part hereof. <br /> The CITY further agrees that upon completion of the contract for this improvement, the <br /> CITY OF DECATUR will pay to the DEPARTMENT OF TRANSPORTATION of the STATE <br /> OF ILLINOIS in a lump sum for any funds allotted to the CITY an amount equal to 100% <br /> of its obligation incurred under this AGREEMENT. <br /> 5. The CITY has adopted and will put into effect an appropriate ordinance, prior to the <br /> STATE's advertising for the proposed work to be performed hereunder, or shall continue <br /> to enforce an existing ordinance, requiring that parking be prohibited within the limits of <br /> this improvement, a copy of which is attached hereto as"Exhibit B", and will in the future <br /> prohibit parking at such locations on or immediately adjacent to this improvement as <br /> may be determined necessary by the STATE from traffic capacity studies. <br /> -4- <br />