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a� r Y' FM No : 627 : 32 - 228627- 1 -52 -01 , 1 FEID No : VF- 6 -00 - 79 Py C;?®© S? - STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION LOCALLY FUNDED AGREEMENT THIS Locally Funded Agreement ( hereinafter referred to as "AGREEMENT" ) , entered into this day of 200_ , by and between the State of Florida Department of Transportation hereinafter called the DEPARTMENT , and INDIAN RIVER COUNTY located at 1801 27TH Street , Vero Beach , Florida 32960 , hereinafter called the PARTICIPANT . t WITNESSETH WHEREAS , the DEPARTMENT and the PARTICIPANT are desirous of having the DEPARTMENT make certain improvements in connection with Financial Management ( FM ) Number 228627-1 -32 -02 , 228627 = 1 -52 = 01 , & 228627 - 1 -62 -01 in ( Fiscal Year 2009/2010) for Reconstruction and Widening of SR-60 from 82nd Avenue/CR-609 to 66th Avenue/CR-615 in Indian River County, Florida . Refer to Exhibit "A" of this Agreement for a detailed Scope of Services ; and , WHEREAS , for purposes of this Agreement , improvements to be made as stated above are hereinafter referred to as the " PROJECT" ; and , WHEREAS , in order to expedite the PROJECT in advance of the DEPARTMENT ' S schedule , the PARTICIPANT is prepared to advance the funding of the PROJECT in Fiscal Year 2007/2008 for the PROJECT, pursuant to Section 339. 12 Florida Statutes ; and , WHEREAS , the DEPARTMENT is prepared to commit funds for the reimbursement of conditions , subject to the appropriation of funds by the Legislature ; and , WHEREAS , said PROJECT is on the State Highway System , is not revenue producing and is contained in the DEPARTMENT ' S Adopted Work Program ; and , 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 . 2007 - 025 adopted on March 13 , 2007,, 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 this Agreement for 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 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 . 1 of 7