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Version 2 22 23 JOINT AGREEMENT FOR REIMBURSEMENT OF CONSTRUCTION AND INSTALLATION COSTS OF TRAFFIC CONTROL DEVICES This Joint Agreement for Reimbursement of Construction and Installation Costs of Traffic Control Devices (`Agreement") is made and entered into this —day of , 2023 by and between the Mayfield City School District Board of Education (Board"), the City of Highland Heights, Ohio, a municipal corporation ('City") and Mayfield Village, Ohio, a municipal corporation (`Village"), (collectively the "Parties"). WITNESSETH: WHEREAS, it is the intent of this Agreement to set forth the terms and conditions among the Parties for the installation of certain traffic control devices at the intersection of Wilson Mills and Miner Road and as is more fully described in the Scope of Work Section below (`Project"). NOW, THEREFORE, the Parties agree as follows: 1. SCOPE OF WORK. The scope of work for the Project shall include the furnishing of labor, supplies, equipment and materials to perform all operations necessary for the acceptable construction and installation of the traffic control devices in strict accordance with the plans, notes and specifications on file with the Board. The plans, notes and specifications shall include but not be limited to all necessary insurances and appropriate safety measures. The specific location for the traffic control devices is as follows: The intersection of Miner Road and Wilson Mills Road. 2. COST OF CONSTRUCTION. The cost of the equipment and the installation of the Project is estimated to be Three Hundred Sixty -Four Thousand Nine Hundred Sixty and 20/100 Dollars ($364,960.20), and shall be split among the Parties. A copy of the detailed cost of construction is attached hereto and incorporated herein as Exhibit "1". The City and the Village agree that each shall contribute One Hundred Thousand Dollars ($100,000.00) to the Project and the Board agrees that it will pay the remaining cost. 3. MANAGEMENT OF THE PROJECT. The Board shall assume all Project management, including construction management and the entering into of all contracts required to complete the scope of work for the Project and shall perform all tasks as required, and shall ensure compliance with all applicable federal, state and local laws, including but not limited to those set forth in the Uniform Manual of Traffic Control Devices and require its contractors to pay prevailing wages in the same way that the City and Village are required to pay on municipal public improvement projects. The Project shall be completed no later than January 31, 2024. 4. REIMBURSEMENT OF FUNDS. The Board agrees to pay all costs and expenses for the Project and make payment directly to its contractors. At the completion of the Project, the Board shall invoice the City and Village for reimbursement of their respective contribution. Upon review by the City and the Village of the invoice, which shall contain a certification of all