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~ ~ <br /> <br /> <br />1 li <br />I <br />I <br />SECTION I <br />2 STATE AGREES: <br />3 (1) To provide plans and specifications and all j <br />~ necessary construction engineering services for the PROJECT and <br />5 to bear STATE's share of the expense thereof, as shown on <br />6 Exhibit A, attached hereto and made a part of this Agreement. <br />7 (2) To construct the PROJECT by contract in accordance <br />8 with plans and specifications of STATE. <br />9 (3) To bear the construction cost of the portion of <br />10 PROJECT located within STATE's right of way.. In no event shall <br />11 STATE's total obligation for construction cost under this ~' <br />12 Agreement exceed the amount of $102,000, provided that STATE may, <br />i <br />13 at its sole discretion, in writing, authorize a greater amount.. <br />1~ (4) To furnish and install, by STATE's forces and at <br />15 STATE's sole expense, all traffic striping and pavement marking <br />16 required for PROJECT. <br />17 (5) Upon completion of PROJECT and all work incidental. <br />18 thereto, to furnish CITY with a detailed statement of costs to bE: <br />19 borne by CITY and to refund to CITY (after completion of STATE's <br />20 audit) any amount of CITY's deposit, required in Section II, <br />21 Article (1), remaining after actual costs to be borne by CITY <br />~ have been deducted. <br />23 ,~ <br />24 ,~ <br />25 <br /> -2- <br />+c~8o2 <br /> <br />