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Florida Statutes: <br />334.044(7) <br />EXHIBIT "B" <br />METHOD OF COMPENSATION <br />FINANCIAL PROJECT NO. 433068-1-54-01 <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 />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 />65 <br />FY 2018 <br />FY 2019 <br />TOTAL <br />I. TOTAL PROJECT <br />$ <br />$ <br />$ <br />Design <br />$ <br />$ <br />$ <br />Right of Way <br />$ <br />$ <br />$ <br />Construction and CEI <br />$ 1,081,911.00 <br />$ 478,089.00 <br />$ 1,560,000.00 <br />II. PARTICIPATION: <br />Maximum Department <br />Participation <br />$ 399,511.00 <br />$ 478,089.00 <br />$ 877,600.00 <br />Local Participation <br />$ 682,400.00 <br />$ 0.00 <br />$ 682,400.00 <br />In -Kind <br />$ <br />$ <br />$ <br />Cash <br />$ <br />$ <br />$ <br />Combination In-Kind/Cash <br />$ <br />$ <br />$ <br />Waiver or Reduction <br />$ <br />$ <br />$ <br />TOTAL PROJECT COST: <br />$ 1,081,911.000 <br />$ 478,089.00 <br />$ 1,560,000.00 <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 />65 <br />