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Contract No. FM No: 228628-1A8-01 FEID No: VF-596-000-679 STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION ADVANCE REIMBURSEMENT LOCALLY FUNDED AGREEMENT THIS Locally Funded Agreement (hereinafter referred to as "AGREEMENT" ), entered into this day of 0 ?n& mt)e 200.b.1 by and between the State of Florida Department of Transportation hereinafter called the DEPARTMENT , and INDIAN RIVER COUNTY at 1801 27TH Street, Vero Beach , Florida 32960 , hereinafter called the PARTICIPANT. WITNESSETH WHEREAS, the DEPARTMENT and the PARTICIPANT are desirous of having the DEPARTMENT make certain improvements in connection with Financial Management (FM) Number 2286284A8=01 in (Fiscal Year 2011 /2012 - 201312014) for Milling and Resurfacing , Reconstruction , and Construction Engineering Inspection (CEI) Services of SR-60/Osceola Blvd . from West of 1-95 to West of 82nd Avenue/CR-609 in Indian River County, Florida. Refer to Exhibit "A" of this Agreement for a detailed Scope of Services ; and , WHEREAS , for purposes of this Agreement, improvements to be made as stated above are hereinafter referred to as the "PROJECT'; and , WHEREAS , in order to expedite the PROJECT in advance of the DEPARTMENT' S schedule , the PARTICIPANT is prepared to advance the funding of the PROJECT in Fiscal Year 2008/2009 forthe Milling and Resurfacing , Reconstruction, and CEI services pursuant to Section 339. 12 Florida Statutes; and , WHEREAS , the DEPARTMENT is prepared to commit funds for the reimbursement of such conditions , subject to the appropriation of funds by the Legislature ; and , WHEREAS , said PROJECT is on the State Highway System , is not revenue producing and is contained in the DEPARTMENT'S Adopted Work Program ; and , WHEREAS, the improvements are in the interest of both the PARTICIPANT and the DEPARTMENT and it would be more practical , expeditious , and economical for the DEPARTMENT to perform such activities ; and , WHEREAS, the PARTICIPANT by Resolution No . 2007-025 adopted on March 13 , 2007 , a copy of which is attached hereto and made a part hereof, authorizes the proper officials to enter into this AGREEMENT . NOW, THEREFORE, in consideration of the mutual benefits to be derived from this Agreement for the PROJECT , the parties agree to the following : 1 . The recitals set forth above are true and correct and are deemed incorporated herein . 2 . The DEPARTMENT shall be responsible for assuring that the PROJECT complies with all applicable Federal , State and Local laws , rules , regulations , guidelines and standards .