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<br />--r-~t~c:-~un~s~whiCh the County now has or fO; which provision by levy has bee~~ mad~~-~:k~-.:?-=--=-~:::cc-:c-::c=--:-~:cc:~
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<br />gether with an advance of $300,000.00 to be made to the County by the State as
<br />herein provided. .
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<br />~j 5. To insure the payme.nt of the $300,000.00 which the State is to advanc 1
<br />to the County, the County hereby assigns to the State sufficient of its allocation
<br />~~ of the state motor vehicle fund so that said advance of $300,000;00 may be entirely
<br />i~ liquidated during the next five-year period following the execution of this contrac ,
<br />:~ ; it being understood that said $300,000.~O may be paid in five annual installments
<br /><; , and shall be advanced by the State to the County without interest charge.
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<br />GENERAL UNDERSTANDINGS-AND OBLIGATIONS:
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<br />1. It is estimated that the total cost of the construction of said
<br />project or .l?roj ects, including right of way, engine'ering and c ontingericies, is
<br />the sum of ~1,343,487.00, which said sum is allocated as follows: State
<br />$229,176.00, City $580,000, less a credit of approximately $30,500.00 provided
<br />for in paragraph 4, page 7 of this agreement, and there is allocated to the
<br />County ~546,672.00.
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<br />2. It is recognized that the above amounts, both as to total and as to
<br />, allocations, are estimates only. In this connection it is agreed that the final
<br />i construction costs with respect to all parties and items pertaining to said
<br />entire project shall control in determining the sums or amounts to be paid by
<br />i each of these respective parties. .
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<br />i 3. Upon the execution of this agreement by all of the parties, the
<br />State shall proceed promptly in the prepar~tion of plans, specifications and de-
<br />signs and as soon as the same have been completed and approved by the parties as
<br />provided for herein and necessary rights of way ha~been acquired and cleared the
<br />State shall prepare and issue a call for bids for the constructlon of the highway
<br />i and street parts of the proposed entire project, and may at the same time call for
<br />! a bid or bids for the construction of the bridge and the consti'tiction of the over-
<br />'I' pass or viaduct, unless in the judgment of these parties it is deemed qest to
<br />defer anyone or both of said items.
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<br />i 4. Notwithsta~ding anything he~ein to the contrary, it is understqod 1
<br />I that the State shall assist the City and/or the County in the matter of negotiations
<br />, for necessary rights of way, and, if any of said properties must be acquired by ,
<br />; condemnation, the State will at the request of the City and/or the County, as the .
<br />: case may be, institute and carry through to completion necessary condemnation pro-
<br />, ceedings.
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<br />, 5. The State shall on request of the City prepare the necessary appli-
<br />! cation addressed to the Public Utilities Commissioner for an order authorizing
<br />: the said grade separation and the State shall also cooperate with and assist the
<br />ICity in the presentation or prosectuion ot said application. In this connection,
<br />[however, It is expressly understood that such application shall be in the name of
<br />land for the City and shall be mageunder the provisions of Chapter 5 of Title 113,
<br />10 " - A .
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<br />i 6/ When a bid is or bids are called for for anyone or all of said pro-
<br />: jects the City and the County shall be advised of such call and of the date upon whi h
<br />isuch bid or bids will be received so that both the City and the County may be pre-
<br />)sent when said bid or bids is or are received, opened and publicly read, and the
<br />:State shall confer with the City and the County before accepting a bid or bids for
<br />lany part of said work.
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<br />. 7. There is attached hereto, marked Exhibit B and by this reference made
<br />a part hereof, a tabulation of es,timated costs of said project and the amount or .....
<br />amounts of said total estimated costs which have been allocated to the respective
<br />parties herein.
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<br />i 8. Attached hereto and by this reference made a part of this agreement
<br />lis a print marked Exhibit C, on which exhibit there are shown colored in orange
<br />the parts of the project the cost of which is to be paid by the State, and there
<br />are shown colored in yellow the parts of the project the cost of which is to be
<br />paid by the City.
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<br />9. This is a cooperative undertaking and therefore each party to this
<br />agreement pledges complete cooperation each with the other, to the end that the 1-
<br />:public's interest may be best served and, public welfare promoted.
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<br />i 10. A fully executed copy of this agreement shall be delivered to the
<br />ISecretary of State and shall constitute and be his authority to withhold from the
<br />iCounty annually sufficient of the County's allocation of state motor vehicle funds
<br />:to meet its annual installment on the said advance of $300,000.00 and credit said
<br />isum so withheld to the State highway fund; and shall likewise be his authority to
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