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1. WORK BY THE COMPANY. The COMPANY shall furnish, or cause to be <br />furnished, all of the labor, materials and work equipment required to perform and <br />complete: <br />a. The removal of the existing grade crossing surface. <br />b. The preparation of the track structure, <br />c. The installation of concrete crossing material. <br />d. Incidental work necessary to complete the items hereinabove <br />specified. <br />The estimated total cost of the work to be performed hereunder this agreement by the <br />COMPANY is $71,289. The estimated cost of' this total cost to the ROAD AUTHORITY <br />as outlined above is to be $35,644.50 as indicated in the detailed estimate of cost attached <br />hereto and marked Exhibit "B ". <br />The COMPANY warrants that it shall perform all work under this agreement in a <br />workmanlike and timely manner in accordance with all applicable standards for work of <br />the type at issue. Should the work fail to be performed in a timely manner or in <br />accordance with applicable standards, the ROAD AUTHORITY may immediately <br />suspend further payments under this agreement and the COMPANY shall repay all funds <br />expended on unsatisfactory work. <br />2. WORK BY THE ROAD AUTHORITY. The ROAD AUTI- HORITY shall furnish or <br />cause to be furnished, at its expense, all of the labor, material and work equipment <br />required to perform and complete: <br />a. The reconstruction of County Road 13-2 crossing, including utility work, grading, <br />paving, installation of approach signs, pavement markings and drainage facilities. <br />b. The paving of the roadway approaches up to the edge of the concrete <br />crossing surface installed by the COMPANY under I.e above. <br />c. Traffic control and detour signing. <br />d. Incidental work necessary to complete the items hereinabove specified. <br />SECTION 5. In compliance with the Federal Highway Program Manual, Volume 6, <br />Chapter 6, Section 2, Subsection 1, dated April 25, 1975, and supplements, which <br />determine COMPANY benefit and liability, the proposed grade crossing improvement <br />meets Classification 1 of Paragraph 6(b), a category not considered as a benefit to the <br />COMPANY, and no contribution by the COMPANY is required. <br />3 <br />