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Road) - County State Aid Highway No. 10 (North Road) at Trunk <br />Highway No. 49 (Lake Drive) - County State Aid Highway No. 23 <br />(Lake Drive) in accordance with State Project No. 0204-12 and <br />State Aid Project No.'s 02-610-09 and 02-623-07. Estimated <br />Construction Cost is $127,000.00. State's share is 50 percent. <br />County's share is 25 percent. City's share is 25 percent. <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 />$20,000.00. State's share is 50 percent. County's share is <br />25 percent. City's share is 25 percent. <br />5. Upon execution and approval of this agreement and <br />a request in writing by the State, the County and City shall each <br />advance to the State an amount ecaal to their portion of the <br />costs as specified in Paragraph 4. The County's and City's costs <br />shad be based on the estimated costs for State furnished <br />materials. <br />6. Upon compilation of the actual costs for State <br />furnished materials, the amount of the funds advanced by the <br />County and City in excess of the County's and City's share will <br />be returned to the County and City without interest and the <br />County and City agrees to pay to the State that amount of their <br />share which is in excess of the amount of the funds advanced by <br />the County and City. <br />73845 <br />-3- <br />