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NOW, THEREFORE, IT IS AGREED AS FOLLOWS: <br /> <br /> 1. The City shall prepare the necessary plan, <br /> specifications and proposal which shall constitute "Preliminary <br /> Engineering". The City shall also perform the construction <br /> inspection required to complete the items of work hereinafter set <br /> forth, which shall constitute "Engineering and Inspection" and <br /> shall be so referred to hereinafter. <br /> <br /> 2. The contract cost of the work or, if the work is <br /> not contracted, the cost of all labor, materials, and equipment <br /> rental required to complete the work, except the cost of <br /> providing the power supply to the service pole or pad, shall <br /> constitute the actual "Construction Cost" and shall be so <br /> referred to hereinafter. <br /> <br /> 3. The City with its own forces and equipment or by <br />contract shall install a new traffic control signal with street <br />lights, advance warning flashers and signing on Trunk Highway No. <br />10 at Joplin Street - 185th Avenue in accordance with State <br />Project No. 7102-87. Estimated Construction Cost is $100,000.00. <br />State's share is 50 percent. City's share is 50 percent. <br /> <br /> 4. The State will furnish to the City the State <br />furnished materials to be installed with the City work provided <br />in Paragraph 3. Estimated cost for State furnished materials is <br />$16,000.00. State's share is 50 percent. City's share is 50 <br />percent. <br /> <br />74808 <br /> --3-- <br /> <br /> <br />