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in excess of the City's share will be returned to the City <br />without interest and the City agrees to pay to the State that <br />amount of its share which is in excess of the amount of the funds <br />advanced by the City. <br /> <br /> 7. Upon completion of the work provided for in <br />Paragraph 3 hereof to the satisfaction of the State's District <br />Engineer at Brainerd or his duly authorized representative, the <br />State shall pay to the City the State's share of the actual <br />Construction Costs plus eight (8) percent of its share for the <br />Cost of Engineering and Inspection. <br /> <br /> 8. The amount to be encumbered for payment to the <br />City from Trunk Highway Funds for the construction work performed <br />under this Agreement is $86,400.00, which is the State's share of <br />the Construction and Engineering and Inspection Costs. In the <br />event that at any time it appears that such reimbursement will <br />exceed said sum, the City shall promptly notify the State's <br />District Engineer at Brainerd or his duly authorized <br />representative of the reason for the increase in cost and the <br />amount of additional funds necessary to complete the project. If <br />approved by the State's District Engineer at Brainerd or his duly <br />authorized representative, additional funds shall be encumbered <br />by the State and notice by the State's District Engineer at <br />Brainerd or his duly authorized representative to the City of <br />that additional encumbrance will permit the City to complete this <br />project. <br /> <br />76123 <br /> --4-- <br /> <br /> <br />