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<br />WAT A MEETING or THE OREGON STATE HIGHWAY COMMISSION HELD ON APRIL 25, 1950, BIDS
<br />WERE RECEIVED ON THE FERRY STREET OVERCROSSING PROJECT IN THE CITY or EUGENE, THE COSTS
<br />or WHICH ARE TO BE SHARED BY THE CITY OF EUGENE, THE COUNTY OF LANE, AND THE STATE or
<br />OREGON, IN ACCORDANCE WITH AN AGREEMENT ENTERED INTO BETWEEN THOSE PARTIES ON DECEMBER
<br />31, 1946. THE LOW BIO SUBMITTED 8Y TOM llLLEBO or REEDSPORT, OREGON, AMOUNTED TO
<br />8462,124.15. THE HIGHWAY COMMIS810N RErERRED THIS 810 TO THE STATE HIGHWAY ENGINEER
<br />WITH POWER TO MAKE AWARD OF CONTRACT AFTER HE HAS MADE SURE THAT SUCH AWARO HAS THE
<br />APPROVAL OF THE CITY or EUGENE AND THE COUNTY or ~ANE AND THAT THE CITY AND THE COUNTY
<br />ARE COGNIZANT or THEIR OBLIGATION IN CONNECTION WITH THE PROJECT AND ARE ABLE TO MEET
<br />THEM. IN THIS CONNECTION, TOO, A DECISION IS REQUIRED rROM THE CITY or EUGENE AS TO
<br />WHETHER OR NOT IT WISHES THE FOURTH STREET CONNECTION TO BE INCLUDED OR EXCLU~ED rROM
<br />THE PROJEC.T.
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<br />IN THE AGREEMENT or DECEMBER 31, 1946, THE CITY'S SHARE or THE COST or THE PROJECT,
<br />INCLUSIVE or RIGHTS or WAY, WAS ESTIMATED AT 8580,000.00. By REASON or THE FAVORA8LE
<br />FIGURE AT WHICH THE CONTRACT CONSTRUCTION HAS BEEN BID, THE ESTIMATE IS NOW REDUCED TO
<br />THE TENTATIVE rlGURE or 1561,547.00, THE DETAIL or THE REDUCED ESTIMATE BEING AS rOLLowsa
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<br /> CITY or LANE STATE OF
<br /> TOTAL EUGENE' COUNTY ORE GON I
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<br />I CONT RA CT BID I 462,124.75 418,761.00 42,332.90 I , 030 . 8S I
<br />CONDU ITS FOR SIGNS, ETC. 5,600.00 5,600.00
<br />ENGINEERING & CONTINGENCIES 46,772.48 42,436.10 4,233.29 103.09 I
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<br /> TOTAL CONSTRUCTION COST 514,497.23 466,797.10 46,566.19 1,133.94 I
<br /> RI GHT OF WAY 188,000.00 94,000.00 94,000.00
<br /> SUBTOTAL . 702,497.23 560,797.10 46,566.19 95,133.94
<br /> COST or WATCHMEN AND
<br /> FLAGMEN rOR RAILROAD 12,750.00
<br /> LESS AUOU NT TO BE ASSUMED
<br /> BY RAILROAD COMPANY 12,000.00
<br /> NET RAILROAD COST 750.00 750.00
<br /> TOTAL GROSS COST 703,247.23 56 I .547. I 0 56,566.19 95,133.94
<br /> lESS C RE 0 IT FOR BRIDGES 30,000.00 _30,000.00
<br /> ESTIMATED NET COS Tor
<br /> PROJE CT 673,247.23 53 I ,547. 10 46,566.19 95,133.94
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<br />IT IS UNDERSTOOD THAT THE AMOUNTS HERE SET FORTH ARE EsTIMATES ONLY AND THAT THE
<br />ACTUAL COST UPON WHICH THE AMOUNTS TO BE PAID BY THE COOPERATING AGENCIES ARE TO BE
<br />BASED MAY VARY THEREFROM. EACH COOPERATOR IS TO UNDERSTAND THAT Ir THE ACTUAL COST OF
<br />THE PORTION OF THE WORK WHICH Is CHARGEABLE To IT IS GREATER THAN HERE ESTIMATED, THAT
<br />COOPERATOR'S PORTION OF THE WORK IS LESS THAN HERE ESTIMATED, THAT COOPERATOR WILL
<br />BEAR NO MORE THAN THE ACTUAL COST OF THAT PORTION.
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<br />THE TOTAL COST AND THE CITY'S sHARE OF COST AS SHOWN IN THE ESTIMATE ARE EACH
<br />INCLUSIVE OF $34,694.00 rOR THE FOURTH STREET CONNECTION. NEITHER THE TOTAL COST NOR
<br />THE CITY'S SHARE AS SHOWN INCLUDE ANYTHING FOR THE MOVING OF WATE,R AND GAS MAINS A.ND
<br />PIPE LINES, THE COST OF WHICH MOVING IS ESTIMATED AT 12,000. THE UNDERSTANDING WITH
<br />RESPECT TO THE MOVING OF THESE MAINS AND PIPE ~INES 15 THAT THE MOVING IS NOT TO BE
<br />CONSIDERED A PART or THE COOPERATIVE PROJECT AND THAT ITS COST IS TO BE BORNE IN ITS
<br />ENTIRETY BY THE CITY.
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<br />IN VIEW OF A STATEMENT MADE BY MR. KING TO THE EFFECT THAT IT WAS AN IMPRESSION OF
<br />SOME MEMBER or THE COUNCIL THAT THE COST or ENGINEER'NG WAS TO BE BORNE BY THE STATE,
<br />WE MUST ADVISE THAT THAT IMPRESSION IS NOT IN ACCORD WITH EITHER THE UNDERSTANDING OF
<br />THE HIGHWAY COUU~SSION OR THE PROVISIONS OF THE AGREEMENT AS, WRITTEN AND THAT, THEREFORE,
<br />THE CITY OF EUGENE MUST BEAR ITS PRO RATA or THE ENGINEERING COST. THIS PRO RATA,
<br />PRESENTLY ESTIMATED AT 834,000, IS INCLUDED IN THE FOREGOING ESTIMATE As A PART or THE
<br />ITEM (142,436.10) SET UP FOR "ENGINEERING AND CONTINGENCIES."
<br />
<br />IN ACCORDANCE WITH THE PROVISION OF PARAGRAPH 8, PAGE 4, or THE AGREEMENT, THE
<br />HIGHWAY COMMISSION WilL QUARTERLY, FOLLOWING COMMENCEMENT OF CONSTRUCTION ACTIVITIES,
<br />SUBMIT TO THE CITY AN ESTIMATE OF THE WORK ACCOMPLISHED AND OF THE EXPENSE INCURRED TO
<br />THE DATES STATED THEREIN WHICH ESTIMATE WILL SHOW THE ITEMS AND AMOUNTS CHARGEABLE TO
<br />THE CITY AND THE AMOUNT THEN DUE AND PAYABLE TO THE STATE HIGHWAY COMMISSI~N. UPON
<br />RECEIPT OF EACH SUCH QUARTERLY ESTIMATE, THE CITY SHALL PROMPTLY MAKE PAYMENT TO THE
<br />STATE HIGHWAY COMMISSION OF THE AMOUNT SHOWN TO BE THEN DUE; PROVIDED, HOWEVER, THAT Ir
<br />PARAGRAPH 4, PAGE 7 OF THE AGREEMENT HAVE BEEN COMPLETELY DISBURSED IN THE PAYMENT or THE
<br />CITY'S SHARE or THE COST or THIS PROJECT, SUCH AMOUNTS AS BECOME DUE THE STATE HIGHWAY
<br />COMMISSION rROM THE CITY WILL BE AOVANCED FOR THE CITY BY THE HIGHWAY tOMMISSION AND
<br />THE STATE HIGHWAY COMMISSION WILL RECEIVE REIMBURSEMENT FOR AMOUNTS SO ADVANCED THROUGH
<br />ASSIGNMENT BY THE CITY FROM THE CITY'S SHARES OF STATE MOTOR VEHICLE FUNDS AS PROVIDED
<br />IN PARAGRAPH 6, PAGE 8 OF THE AGREEMENT.
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