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2 <br /> <br /> ? <br /> <br /> 8 <br /> <br /> 9 <br /> <br /> 10 <br /> <br /> 11 <br /> <br /> 12 <br /> <br />15 <br /> <br />15 <br /> <br />16 <br /> <br />17 <br /> <br /> 18 <br /> <br />19 <br /> <br /> ~0 <br /> <br />21 <br /> <br />~7 <br /> <br /> 7. Agrees to pay the total cost of construction <br />of the Fourth Street Extension and Approaches as shown on the <br />plan entitled, Exhibit ~'A". The contract quantities for roadway <br />and drainage set forth in Preliminary Estimate of Cost attached <br />hereto and by reference made a part thereof are accepted aa final <br />The unit costs will be based on contract prices. To the cost of <br />contract quantities, there shall be added 5 percent contingency <br />to cover unforeseen changes and 17 percent to cover preliminary <br />engineering and construction engineering cost. Unforeseen change~ <br />will be submitted to the City for approval before proceeding with <br />work covered by contract change order~ <br /> <br /> 8. Prior to advertising the State's project and <br />upon demand of the State, the City will deposit a sum not to <br />exceed $20,000, to cover estimated construction cost. <br /> <br /> 9. Upon notification by the State of completion <br />of the work on Fourth Street, the City will accept control and <br />maintenance of superstructure of the bridge and street work on <br />Fourth Street including bridge approaches. <br /> <br /> III. It is mutually understood and agreed between the <br />parties hereto as follows: <br /> <br /> 1. That the estimated cost of right of way <br />attached hereto, is a preliminary estimate only and that the <br />appraised value, actual consideration~ and/or judgment award, <br />overhead or condemnation costs may be more or less than the amount <br />as shown attached hereto. It is understood and agreed that the <br />aforesaid amounts as shown attached are not to be construed as <br />a limitation on the obligations of City and/or State. <br /> <br />-6- <br /> <br /> <br />