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La FM No: 230872148/41 /42/43/45 FEID No : 596-000473 D � r� 010140� STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION LOCALLY FUNDED AGREEMENT THIS AGREEMENT, entered into this day of 200_1 by and between the State of Florida Department of Transportation hereinafter called the DEPARTMENT, and the Indian River County, located at 1840 2e Street, Vero Beach , Florida 32960 , hereinafter called the PARTICIPANT. WITNESSETH WHEREAS , the DEPARTMENT and the PARTICIPANT are desirous of having the DEPARTMENT make certain improvements in connection with State FM Number 230872-1 -413/41 /42/43/45-01 for Right of Way Acquisition along 16"'/17"' Street from 500' W . of 14"' Avenue to US= 1 in Indian River County, Florida . The purpose of the LFA is to allow for the commencement of ROW Phase on this project. The original LFA for this project was executed for the Engineering Design Phase . Under this LFA the following R/W phases will be performed : 413- OPS , 41 - Support, 42- Consultants , 43- Land , 45- Relocation , 46- Utility Replacement. Also , five parcels { 101 , 1029 103 ( Fee) , and 701 , 702 (TCE )) have been identified . WHEREAS, the improvements are in the interest of both the PARTICIPANT and the DEPARTMENT and it would be more practical , expeditious , and economical for the DEPARTMENT to perform such activities ; and , WHEREAS, the PARTICIPANT by Resolution No .2003 - 160 adopted on 12 - 09 , 2003, a copy of which is attached hereto and made a part hereof , authorizes the proper officials to enter into this AGREEMENT . NOW , THEREFORE , in consideration of the mutual benefits to be derived from joint participation on the PROJECT , the parties agree to the following : 1 . The recitals set forth above are true and correct and are deemed incorporated herein . 2 . The DEPARTMENT shall be responsible for assuring that the Project complies with all applicable Federal , State and Local laws , rules , regulations , guidelines and standards . 3 . The PARTICIPANT agrees to make all previous studies , maps , drawings , surveys and other data and information pertaining to the Project available to the DEPARTMENT at no extra cost. 4 . The DEPARTMENT shall have the sole responsibility for resolving claims and requests for additional work for the Project . The DEPARTMENT will make reasonable efforts to obtain the PARTICIPANT input in its decisions . 5 . The total project cost is estimated to be SEVEN HUNDRED TWENTY ONE THOUSAND EIGHTY TWO DOLLARS ($7219082.00) . The total PARTICIPANTS share is estimated to be a payment of NINETY THOUSAND ONE HUNDRED THIRTY FIVE DOLLARS ($909135 .00), which is 12 .5% of the project cost. In the event PARTICIPANT' S share of the project cost is 1 of 5