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I.The above recitals are true and correct and are deemed incorporated herein. 2.The purpose of thus Agreement is to prepare a preliminary Interchange Justification Report(UR)for a proposed interchange at Interstate 95 and Oslo Road(9th Street SW)in Indian River County (WPI No. 4144617,State Project No. 88081-1404), which is part of the Agency's adopted Long Range Transportation Plan. The preliminary UR will document the Agency's examination of the need for the proposed interchange and will include tasks for data collection,developmeru and evaluation of alternatives, travel demand forecasting, development of design hour traffic, economic and financial evaluation, coordination with other plans and activities, and preparation of actual interchange proposal documents; and as further described in Exhibits A and B&Attachment 1, attached hereto and by this reference trade a part hereof,hereinafter referred to as the Project, and to provide Departmental financial assistance to the Agency and state the terms and conditions upon which such assistance will be provided and the understandings as to the manner in which the project will be undertaken and completed. 3. The total estimated cost and funded amount of the project is$70,000.00. The Department shall provide(100%)or$70,000.00 of the total estimated project funding amount,as summarized in Exhibit "B", attached hereto aril by this reference made a part hereof. 4.The DEPARTMENT agrees to reimburse the Agency for the services herein described slid detailed in this Agreement. All costs in excess of the Department's contribution shall be the responsibility of the Agency. Payment shall be made only after receipt and approval of goods and services unless advance payments are authorized by the State Comptroller under Section 215.422(14),Florida Statutes. 5. The DEPARTMENT agrees to reimburse the Agency for direct costs not to exceed Seventy Thousand Dollars($70,000.00).The DEPARTMENT shall reimburse the Agency at any time after the execution of this Agreement for Project expenses incurred,up to the DEPARTMENT's maximum project 2oi9