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F.A. Route 710 (U.S. Route 36) <br /> � Section (50Z-2)TS-1 <br /> City of Decatur <br /> Macon County <br /> Agreement No. J-593005 <br /> Contract No. 90421 <br /> "EXHIBIT B" <br /> The CITY agrees to reimburse the STATE for the following: <br /> 1. 10% of the cost of the traffic signal modernization pro3ect, plus 15� of <br /> � said cost for engineerin,g. <br /> Estimated Cost of Traffic Signal Modernization �90 000.00 <br /> , <br /> City Participation (lOx) X 0.10 <br /> ,000.00 <br /> Engineering Cost (15X) R 1.15 <br /> TOTAL ESTIMATID CITY PARTICIPATION $10,350.00 * <br /> *Actual cost will be based on contract unit prices and final quantities sha.11 <br /> be used in the final division of cost for billing and final reimbursement, <br /> however the total cost of the CITY (including engineering costs) shall not <br /> egceed (�10,350.00 X 1.25X) $12,938.00 <br /> TOTAL PROJECT COST <br /> Estimated Construction Cost � 90,000.00 I <br /> Estimated Engineering Cost (15%) � 13,500.00 ', <br /> Estimated R.O.W. Cost � 0.00 I, <br /> TOTAL ESTIMATED PROJECT COST �103,500.00 ��I <br /> 7470B.4 <br />