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DocuSign Envelope ID: 0196401F-AD57-4F3A-BA4D-36650F82B203 <br />EXHIBIT B <br />PROJECT BUDGET <br />This exhibit forms an integral part of that certain Local Transportation Project Funding Agreement between the State <br />of Florida, Department of Transportation and Indian River County. <br />LOCAL PREFERENCE IMPROVEMENTS <br />Estimate <br />Second Train Warning <br />$1,017,726 <br />Widen Crossing Panels V <br />$73,445 <br />Traffic Signal Yellow Trap (flashing yellow arrow) <br />$0 <br />Mill & Resurf. Striping Limits <br />$583,194 <br />Addl. Sidewalks (65th Street Only) <br />$754,999 <br />Road Widen Bypass/Bike Lanes <br />$154,735 <br />Total Local Preference <br />$2,584,099 <br />DE ?ARTMiENT P'ARTiCIPA TON: <br />� otal <br />Maximum Limiting AmountiPaymentMIlestone: <br />Milestone 1: Completed 1-8 Crossings <br />Payment Amount: <br />$0 <br />Milestone 2: Completed 9-16 Crossings <br />$0 <br />Milestone 3: Completed 17-24 Crossings <br />$1,292,049.50 <br />Milestone 4: Completed 25-32 Crossings <br />$1,292,049.50 <br />Total $2,584,099.00 <br />18 <br />