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. ' J. <br /> � � , <br /> F .A. Route 712 (IL 105) <br /> Section (128-1)TS-1 <br /> City of Decatur <br /> Macon County <br /> Agreement No. J-591026 <br /> Contract No. 90186 <br /> "EXHIBIT B" <br /> Local Agency Costs ' <br /> The CITY agrees to reimburse the STATE for the following: <br /> A. 12 .5� of the cost of modernizin� the existing <br /> traffic signals at the intersection of Illinois <br /> Route 105 (Lake Shore Drive) with Jasper Street , <br /> plus 15y of said cost for engineering. <br /> CITY PARTICIPATION ESTIMATE <br /> Traffic Signal Modernization $ 76 ,957 .00 <br /> CITY Participation (12 .5�') X .125 <br /> SUBTOTAL � 9 ,61 .62 <br /> Fngineering Costs (15%) � X 1 .15 <br /> TOTAL ESTIMATED CITY PARTICIPATION $ 11 ,062 .57 * <br /> * Actual cost will be based on contract unit prices and <br /> final quantities ahall be used in the final division of <br /> cost for billin� and final reimbursement , however the <br /> total cost to the CITY (including engineering costs) shall <br /> not exceed ( 11 ,062 .57 X 1 .25�) $13 , 828 . 21 . <br /> TOTAL PROJECT COST ESTIMATE <br /> Estimated Construction Cost $305 ,000 .00 <br /> Estimated Engineering Cost � 45 ,750 .00 <br /> Estimated R.O.W. Cost $ 50 ,000 .00 <br /> Total Estimated Pro3ect Cost $ 00 ,750 .00 <br /> Doc .5063B <br />