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i Cuyahoga Lounty ~ ity of Lakewood U. S. Route No. 6x; Lake Avenue, tladison Avenue, j. ~ Hil lia rd Road and Franklin Boulevard Section 0.5fi Federal Aid Project No. M-1D99(72) Contract - Page 2 WHEREAS, The Clerk has reported to this legislative authority that a certified copy of such Resolution has been duly transmitted to said Direc for of Transportation and WHEREAS, This legislative authority assumes and agrees to pay as its share of the cost and expense of construction of said highway improvement the sum of money hereinbefore set forth, which moneys are now available for the purpose and as to which the fiscal officer has filed with said legislative authority a certificate that such moneys are in fund, all as. required by statute, a dupl irate of which certificate has been filed with the Director of Transportation and WHEREAS, In said legislation proposing cooperation, said legislative authority proposes to cooperate with the Director of Transportation in the improvement of U. S. Route No. 6A, Lake Avenue, Madison Avenue, Hilliard Road and Franklin Boulevard, by assuming and contributing the entirecost and expense of the improvement less the amount of Federal Funds set aside by the Director of Transportation and the Northeast Ohio Areawide Coordinating Agency for the financing of this improvement from funds allocated by the Federal High~~~ay Administration; and further, the City agrees to assume and bear One Hundred percent (100%) of the cost of Preliminary Engineering and Right-of-way. The Director of Transportation notwithstanding the percentage basis of contribution may allocate the money contributed in whatever manner he may deem necessary in financing the cost of construction, rights-of-way, engineering and incidental expenses. The total share of the cost for the City of Lakewood, is now estimated in the amount of Eight Hundred Nineteen Thousand Forty Five - - - - - - - - - - - - 00/100 Dollars, 0819,045.00), but said estimated amount is to' be adjusted in order that the City's ultimate Share of the cost of said improvement shall correspond with said percentages of actual cost when said actual costs are determined and WHEREAS, Said legislative authority agrees that upon completion of the said improvement it will, thereafter, keep said highway open to traffic at all times; and (a) Paintain the improvement in accordance with the provisions of the statutes relating thereto, and make ample financial and other provisions for such maintenance; and • (b) Paintain the right-of-way and keep it free of obstructions in a manner satisfactory to the State of Ohio and hold said right-of-way inviolate. for public highway purposes and permit no signs, posters, billboards, roadside stands or other private installations within the right-of-way limits; and (c) Wi11 place and maintain all traffic contro} devices conforming to the Ohio 1.1anual of Uniform Traffic Control Devices on the improvement in compliance with the provisions of Section 4511.11 and related sections of the Ohio Revised Code; and (d) kegulate parking in the following manner: Prohibit all parking within the limits of intersection improvements. ~ and