Res 2014-111/Approving Advance Funding Agreement Amendment No. 2 to Local Transportation Project Advance Funding Agreement (CSJ-0914-33-032) between the City and the State Of Texas acting through the Texas Department of Transportation (“TXDOT”) for the S

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CSJ # 0914 -33 -033 District # 14 - Austin Code Chart 64 # 37950 Project: North LBJ Drive in San Marcos Federal Highway Administration CFDA # 20.205 Not Research and Development ATTACHMENT C -1 Project Budget Estimate and Source of Funds The Local Government will participate in the cost of the intersection, signal and bicycle /pedestrian improvements on North LBJ Drive in San Marcos. Based on the funding Category 4A, the Local Governments participation is 50% of the cost of this particular improvement and the other 50% will be paid for with federal funds up to the Federal authorized amount of $1,185,000. The Local Governments estimated participation of this additional work is $1,185,000, including design, construction items and engineering and contingencies. The State has estimated the project to be as follows: Description Total Estimated Federal Participation State Participation Local Participation Cost % Cost % Cost % Cost Design and Construction of Intersection, Traffic Signal and Bicycle /Pedestrian $2,370,000 50% $1,185,000 0% $0 50% $1,185,000 Improvements Subtotal $2,370,000 $1,185,000 $0 $1,185,000 Direct Plan Review, State Inspection Costs= $40,000 and $40,000 0% $0 0% $0 100% $40,000 Oversight Subtotal $40,000 $0 $0 $40,000 TOTAL $2,410,000 $1,185,000 $0 $1,225,000 Direct State Cost will be based on actual charges. Local Governments Participation (50 %) _ $1,185,000 Administration Costs = $40,000 This is an estimate only; final participation amounts will be based on actual charges to the project. AFA —AFA Amend Pane 1 of 1 0,,.,: --A AA M0,4