CAL DEPT OF TRANSP 1983 - Laserfiche WebLink

~ ~ ], anal to bear. that portion of the construction costs not borne by Q FAI (R-R-R-R) funds. 3 (2) To deposit with. STATE, within 14 days of receipt of !} billing therefor (which billing will be forwarded upon executor: 5 of this agreement by STATE),. the amount of $56,000, which figure 6 represents the total estimated cost of rights of way to be 7 acquired by STATE on behalf of CITY pursuant to this agreement $ less the FAU funds participation for right. of way costs, CITY.. 9 will be billed separately for CITY's share of utility protection;, 10 relocation or removal costs, if any. 11 { 3) To''deposit with .STATE, within 25 days of receipt of 12 billing therefor (which billing will be forwarded immediately 13 following STATE's bid advertising date of a construction. contrac:'c 1~ for PROJECT), the amount of $202,300, which figure represents 15 CITY's estimated. share of the construction cost required to_ 16 complete the .PROJECT.. CITY's share of the construction cost sha.11 - 1? be an amount equal to approximately 8.5 percent o£ .the actual 18 construction cost, including STATE-furnished materials, if any, as 19 determined after completion of work and upon final accounting of: 20 costs. In no :event shall CITY's total obligation for construction 21 costs (excluding utility protection, relocation or .removal cost., 22 if any) under this agreement exceed the amount of $223,fl00; 23 provided that CITY may, at its sole discretion in writing, 2~# authorize a greater amount... 25 ;~ -4- f4 C D802