R89-141 APPROVING ENGINEERING STUDY (CITY PROJECT 8920)

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AGREEMENT This Agreement is entered into by and between the State of Illinois, acting through its Department of Transportation, hereinafter referred to as the STATE, Macon County of the State of Illinois, hereinafter referred to as the COUNTY, the City of Decatur of the State of Illinois, hereinafter referred to as the CITY, Archer Daniels Midland Company operating in the City of Decatur, hereinafter referred to as ADM, and Richland Community College in Macon County, hereinafter referred to as the COLLEGE. WITNESSETH WHEREAS, the parties hereto, in order to facilitate the free flow of traffic and insure safety to the motoring public are desirous of performing an engineering study on Brush College Road from Illinois Route 48 southerly to and including the intersection of Fairies Parkway to determine the cross section and intersection designs to provide sufficient capacity. Said study to be identified as COUNTY Section 89-00119-00-ES, and STATE Job Number P-95-012-90 for Phase I preliminary engineering, and hereinafter referred to as the PROJECT, and � � WHEREAS, the parties hereto are desirous of said PROJECT in that same will be of imnediate benefit to the residents of the area and permanent in nature. NOW, THEREFORE, in consideration of the mutual covenants contained herein, the parties hereto agree as follows: 1 ) It is mutually agreed that the PROJECT will be processed in accordance with the Motor Fuel Tax policy and procedure with the COUNTY as the lead agency. 2) The COUNTY agrees to select a consulting engineering firm and at PROJECT expense cause any necessary surveys, intersection design studies, and reports to be made to determine cross section, intersection improvements, and cost of the proposed improvement. The COUNTY further agrees to pay all costs subject to reimbursement from the CITY, the COLLEGE, ADM, and the STATE. 3) The STATE agrees to provide STATE funds in exchange for Decatur Urbanized Area Federal-Aid Urban funds for 75� of the cost of the engineering study. 4) The CITY agrees to reimburse the COUNTY for 25% of the matching cost for the exchanged funds (6.25� of the total cost) as set forth in the Division of Cost. 5) The COLLEGE agrees to reimburse the COUNTY for 25% of the matching cost for the exchanged funds (6.25� of the total cost) as set forth in the Division of Cost. 6) ADM agrees to reimburse the COUNTY for 25% of the matching cost for the exchanged funds (6.25� of the total cost) as set forth in the Division of Cost. 7) The parties hereto mutually agree that the estimated division of cost is as follows: DIYISION OF COST EXCHANGED FUNDS (�) COUNTY (�) CITY (%) COLLEGE (%) ADM 9(�) TOTAL Preliminary Engineering �75,000 (75) $6,250 (6.25) �6,250 (6.25) $6,250 (6.25) �6,250 (6.25) �100,000