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<br />I <br /> <br />I <br /> <br />I <br /> <br />c. SMCISD: Remaining costs, based on preliminary cost estimates, not to exceed $700,000. <br />Any additional funding will require consent from SMCISD's governing body or its <br />authorized representative. <br /> <br />Section 4. Responsibilities of Local Eotities by Improvement. <br /> <br />A SH 123/CR 266 Intersection <br /> <br />1. The City will arrange with the Texas Department of Transportation (TXDOT) to do the <br />following in an Advanced Funding Agreement (AFA) between TXDOT and the City: <br />a) Contnbute approximately $234,000 in safety funds toward construction; <br />b) Bear the cost ofa traffic signal; <br />c) Design the improvements; <br />d) Complete the improvements by Feb.l, 2007; and <br />e) TXDOT will be respoDSlble for any additional costs that may arise during <br />construction <br /> <br />2. The City will: <br />a) Enter into an AF A with TXDOT for the intersection improvements; <br />b) Contract for ROW acquisition services and obtain necessary right-of-way for <br />intersection alignment ofCR 266 (0.46 acres); and <br />c) Provide funding for construction costs above TxDOT safety funding. <br /> <br />3. SMCISD will: <br />a) Prepare legal description for a additional right-of-way required for intersection <br />alignment; and <br />b) Provide CR 266 design to TxDOT for intersection design for its approval and <br />acceptance. <br /> <br />B. CR 266 :from SH 123 to intersection with McGarty Lane <br /> <br />1. The County will: <br />a) Contribute construction funding up to its not to exceed amount in Section 3; and <br />b) Delegate all permitting authority for future work within the right-of-way to the <br />City <br /> <br />2. The City will: <br />a) Contnbute construction funding remaining from its not-to-exceed amount in <br />Section 3 after meeting its responsIbilities regarding the SH 123/CR 266 <br />Intersection improvements; and <br />b) Maintain the improvements once constructed to City standards. <br /> <br />3. SMCISD will: <br />a) Design and construct the improvements to City standards; <br />b) Dedicate the completed roadway improvements to the City and the County, as <br />applicable; and <br /> <br />2 <br />