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, r F.A. Route 320 (IL 121) <br /> Section (lO1R-1) I, I-1 <br /> Macon County <br /> Contract No. 90530 <br /> C-95-024-93 <br /> Agreement No. JN-594020 <br /> Macon Coun�y <br /> City of Decatur <br /> NOW, THEREFORE, in consideration of the mutual covenants <br /> contained herein, the parties hereto agree as follows : <br /> 1 . The STATE agrees to make the surveys, obtain all necessary <br /> rights of way, prepare plans and specifications, receive <br /> bids and award the contract, furnish engineering inspection <br /> during construction and cause the improvement to be built in <br /> accordance with the plans, specifications and contract . <br /> 2 . The STATE agrees to pay all rights-of-way, construction and <br /> engineering costs, subject to reimbursement by the COUNTY as <br /> hereinafter stipulated. <br /> 3 . It is mutually agreed by and between the parties hereto that <br /> the estimated cost and cost proration for the improvement to <br /> the intersection of Illinois Route 121 with Lost Bridge Road <br /> is as follows : <br /> Federal State Countv Total <br /> Tv�qe of Work Cost % Cost % Cost o <br /> Construction $ 72, 000 80 $ 18, 000 20 NA $ 90, 000 <br /> costs at Lost <br /> Bridge Road, <br /> excluding the <br /> following <br /> Traffic signals $ 72, 000 80 $ 11, 970 13 . 3 $ 6, 030 6 . 7 $ 90, 000, <br /> at Lost Bridge <br /> Road <br /> Luminaries � wiring NA NA $ 1, 500 100 $ 1, 500 <br /> for highway lighting <br /> requested by COUNTY <br /> on combination mast <br /> arms <br /> Sub-Total $144 , 000 $ 29, 970 $7, 530 $181, 500 <br /> Preliminary & <br /> Construction <br /> Engineering (150) $ 26 , 095 $ 1 , 130 $ 27 , 225 <br /> TOTAL $144, 000 $ 56, 065 $ 8, 660 $208, 725 <br /> Participation and reimbursement shall be predicted on the percentages shown <br /> above for the specified work. Cost shall be determined by multiplying the <br /> final quantities times contract unit prices plus 15o for construction and <br /> preliminary engineering. Participation toward the traffic signals, <br /> excluding highway lighting, shown above shall not exceed $ 8, 670 which <br /> represents 1250 of their estimated construction and engineering cost . <br />