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Florida Statutes: 850-036-01 <br /> 334.044(7) PAVEMENT MANAGEMENT <br /> OGC—02115 <br /> Page 17 of 20 <br /> EXHIBIT 1111t1 <br /> METHOD OF COMPENSATION <br /> FINANCIAL PROJECT NO. 434840-1-54-01 <br /> This is a cost reimbursement agreement. This exhibit forms an integral part of the Agreement <br /> between the State of Florida,Department of Transportation and Indian River County referenced <br /> by the above Financial Project Number <br /> Schedule of Funding: <br /> FY 2017 FY 2018 TOTAL <br /> I. TOTAL PROJECT $ $ $ <br /> Desi $ $ $ <br /> Right of Way $ $ $ <br /> Construction $ 1,523,097.00 $ 1,233,000.00 $2,756,097.00 <br /> Il. PARTICIPATION: <br /> Maximum Department <br /> Participation $834,073.00 $ 1,233,000.00 $2,067,073.00 <br /> Local Participation <br /> $689,024.00 $0.00 $689,024.00 <br /> In-Kind $ $ $ <br /> Cash $ $ $ <br /> Combination In-Kind/Cash $ $ $ <br /> Waiver or Reduction $ $ $ <br /> TOTAL PROJECT COST: $ 1,523,097.00 $1,233,000.00 $ 2,756,097.00 <br /> Please submit four copies of invoice(s)to the following address: <br /> Florida Dept. of Transportation. Program Management Div.,Attn: Leos A. Kennedy,Jr. <br /> 3400 W. COMMERCIAL BLVD.,FT. LAUDERDALE,FLORIDA 33309 <br />