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5. The total cost for the Project referenced above is estimated to be FOUR HUNDRED <br />SEVENTY ONE THOUSAND SIX HUNDRED DOLLARS AND ZERO CENTS <br />($471,600.00). In the event the actual cost of the right of way remediation services results <br />in a decrease in the PARTICIPANT'S payment of FOUR HUNDRED SEVENTY ONE <br />THOUSAND SIX HUNDRED DOLLARS AND ZERO CENTS ($471,600.00) the difference <br />shall be refunded to the PARTICIPANT. In the event the actual cost of the right of way <br />remediation services results in a sum greater than that paid by the PARTICIPANT, then <br />such sum shall be the sole responsibility of the PARTICIPANT and shall be paid by the <br />DEPARTMENT. <br />The funding the DEPARTMENT receives from the PARTICIPANT shall be allocated as follows: <br />CR -510/ 85TH STREET FROM W OF 82ND AVE TO 58TH AVE <br />FM# 4056063 <br />Phase 42 <br />Phase 43 <br />Phase 45 <br />(FY 25/26) <br />(FY 25/26) <br />(FY 25/26) <br />(R/W Consultant) <br />(R/W Land) (Land Purchase) <br />(R/W Relocation) (Owner & <br />Tenants) <br />$180,000.00 <br />$30,000.00 <br />$261,600.00 <br />TOTAL AMOUNT DUE FROM PARTICIPANT <br />$471,600.00 <br />A. The PARTICIPANT agrees that it will, within thirty (30) days of execution of this <br />Agreement, remit payment to the DEPARTMENT in the amount of FOUR <br />HUNDRED SEVENTY ONE THOUSAND SIX HUNDRED DOLLARS AND ZERO <br />CENTS ($471,600.00), <br />If the PARTICIPANT'S payment is not timely received by the DEPARTMENT <br />within thirty (30) days of execution of this Agreement, the DEPARTMENT reserves <br />the right to terminate this Agreement and remove the Project from the <br />DEPARTMENT'S Work Program. <br />Remittance shall be made payable to the Florida Department of Transportation, <br />Payment shall be clearly marked to indicate that it is to be applied to FM No. <br />405606-3-43-02 and 405606-3-45-02. The DEPARTMENT shall utilize this amount <br />towards costs of Project No. 405606-3-43-02 and 405606-3-45-02. <br />The PARTICIPANT shall submit the payment for the Project via wire transfer. <br />Wire transfer/Payments are to be made to: <br />Wells Fargo Bank, N.A. <br />Account # 4834783896 <br />ABA # 121000248 <br />State of Florida Department of Financial Services <br />Bureau of Collateral Management <br />Re: DOT — K 11-78, Financial project # 405606-3-43-02/40606-3-45-02 <br />2 <br />