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NOW, THEREFORE, IT IS AGREED AS FOLLOWS : <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" . <br /> 2 . The City with its own forces and equipment or by <br /> contract shall install the new traffic control signal with street <br /> lights, interconnect and signing on Trunk Highway No. 10 at <br /> Edgewood Drive - Theater Entrance in accordance with the plan and <br /> specifications for State Project No. 6204-48, State Aid Project <br /> No. ' s 146-010-02 and 146-232-02 and City Project No. 97-05, all <br /> at the cost and expense of the City. <br /> 3 . The State will furnish to the City the State <br /> furnished materials to be installed with the City work provided <br /> in Paragraph 2 . Estimated cost for State furnished materials is <br /> $20, 420 . 00 . City' s share is 100 percent. <br /> 4 . Upon execution and approval of this agreement and <br /> a request in writing by the State, the City shall advance to the <br /> State an amount equal to its portion of the costs as specified in <br /> Paragraph 3 . The City' s costs shall be based on the estimated <br /> costs for State furnished materials . <br /> 79328R <br /> -2- <br />