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AGREEMENT NO. 60349 <br /> • an extension of time for completion, setting forth therein the reason for such <br /> extension. <br /> 3. The actual costs of the project herein contemplated, including pre- <br /> liminary engineering costs, are to be financed with 90% Federal Funds, 5% Columbia <br /> Heights, and 5% St. Anthony Funds. The State, Columbia Heights and St. Anthony <br /> will reimburse the Company as provided herein for only such items of work and <br /> expense as are proper and eligible for payment with Federal Funds. Only <br /> materials actually incorporated into the project will be eligible for Federal <br /> reimbursement. <br /> The State's 90% portion (reimbursable with Federal Funds) will be paid to <br /> the Company in accordance with Article 9 of the Standard Clauses, Exhibit "A". <br /> The Columbia Heights 5% portion and St. Anthony 5% portion will be paid <br /> • to the Company when the project has been completed and the Final Bill has been <br /> approved by the State. <br /> It is understood that the following estimate is for informational purposes <br /> only. The estimated cost of the work to be done by the Company hereunder with <br /> its own equipment and regularly employed forces and in accordance with the <br /> Company's agreements with such regularly employed forces is as follows and in <br /> further accordance with detailed estimate attached hereto and marked Exhibit <br /> Material $43,385.00 <br /> Labor (Including Additives) $17,163.00 <br /> Contingencies $ 6,055.00 <br /> TOTAL ESTIMATED COST $66,603.00 <br /> 3 - <br />