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EXHIBIT B <br />SECTION No.: 88061000 <br />FM No.: 431521-1 <br />AGENCY: Indian River County <br />C.R. No.: b06 <br />DISTRICT FOUR <br />HIGHWAY MAINTENANCE MEMORANDUM OF AGRF:MENT <br />THIS AGREEMENT, entered into this day of , 20_, by and between the <br />STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION, a component agency of the State of Florida, <br />hereinafter called the DEPARTMENT and Indian River County, a political subdivision of the State of <br />Florida, hereinafter called the AGENCY collectively referred to as Parties. <br />WITNESSETH: <br />WHEREAS, the AGENCY has jurisdiction over Oslo Road , as part of the County roadway system <br />from 82nd Ave to 58`h Ave (Kings Highway) and <br />WHEREAS, pursuant to Sections 339.07, 339.08 and 339.12, Florida Statutes and Federal funding <br />provisions the DEPARTMENT is authorized to undertake projects within the AGENCY's geographical <br />limits and the AGENCY agrees to have this improvement constructed; and <br />WHEREAS, in accordance with Title 23, U.S. Code, Section 116 and Federal Highway <br />Administration regulations issued pursuant thereto, there must be an agreement with the AGENCY to <br />maintain the project; and 10&� -*_ <br />WHEREAS, pursuant to such authority, the DEPARTMENT and the AGENCY agrees to have the <br />DEPARTMENT construct certain improvements more particularly described as Financial Project ID <br />431521-1, which involves widening and reconstructing Oslo Road; hereinafter referred to as the <br />"Project", as more particularly described in Exhibit A; and <br />WHEREAS, this project is eligible for use of ARPA state funds; and <br />WHEREAS, pursuant to that certain Right of Way MOA between the AGENCY and the <br />DEPARTMENT dated July 15, 2021, and all subsequent amendments thereto, the DEPARTMENT will <br />acquire Right of Way for the project on behalf of AGENCY; and <br />WHEREAS, upon acquisition of the necessary right-of-way, the DEPARTMENT will proceed to <br />construct the Project; and <br />WHEREAS, the Parties hereto mutually recognize the need for entering into an Agreement <br />designating and setting forth the responsibilities of each party; and <br />-1- 168 <br />