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3. It is mutually agreed that obligations of the parties will cease immediately <br /> without penalty or further payment being required if, in any fiscal year, the <br /> Illinois General Assembly or Federal funding source fails to appropriate or <br /> otherwise make available funds for this contract. <br /> 4. It is mutually agreed by and between the parties hereto that the estimated cost <br /> and cost proration for this improvement is as follows: <br /> FEDERAL STATE COUNTY <br /> T e of Work Cost % Cost % Cost % Total <br /> Traffic signal @ $87,200 80 $14,606 13.4 7,194 6.6 109,000 <br /> IL Route 48 with <br /> Brush College <br /> Road <br /> Traffic signals �a $88,000 80 $22,000 20 NA $110,000 <br /> I-72 ram s <br /> Luminaires & $1,000 100 $ 1,000 <br /> wiring for <br /> highway lighting <br /> requested by the <br /> COUNTY @ IL <br /> Route 48 with <br /> Brush College <br /> Rd. <br /> Sub-Total $175,200 $36,606 $8,194 $220,000 <br /> 15% Preliminary <br />� & Construction <br /> Cost En ineerin NA $31,771 $1,229 $ 33,000 <br /> TOTAL $175,200 $68,377 $9,423 $253,000 <br /> Participation and reimbursement shall be predicted on the percentages shown above for the <br /> specified work. Cost shall be determined by multiplying the final quantities times contract unit <br /> prices plus 15% for construction and preliminary engineering. The COUNTY participation <br /> toward the traffic signals at IL Route 48 with Brush College Road excluding the luminaires for <br /> highway lighting exceed $10,341 which represents 125% of their estimated construction and <br /> engineering cost. <br /> 5. The COUNTY has passed a resolution appropriating suff'icient funds to pay its <br /> share of the cost of this improvement, a copy of which is attached hereto as <br /> "Exhibit A" and made a part hereof. <br />