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CONTRACT PERM - 786 OtherAGREEMENT The City of EMI Segundo, a body politic and a municipal corporation of the State of California, herein- after referred to as "CITY", and the State of California Department of Public Works, Division of Highways, herein- after referred to as "STATE", do enter into the following agreement: IREAS, the State and City contemplate instal- lation of semi -traffic actuated signal system and highway lighting at the intersection of grand Avenue with State Highway Route VII-ALA-64-Eseg (Sepulveda Boulevard)' within the City of El Segundo, and to arrange herein for the in- tenance functions that are to be performed by the State and to specify the proportionate share of the costs that are to be borne by City and State¢ NOW, THEREFORE, IT IS AGREED AS FOLLOWS: Vor and in consid�ratlon of the covenants and can- ditions to be kept and performed by the City as net forth. herein, State agrees& (a) To furnish semi. -traffic actuated signal system and highway lighting hereinbefore mentioned, through construc- tion by contracts with construction contractors licensed by the State of California, said contract to be carried out in accordance with provisions of the State Contract Act, (chapter 3, Part 5, .Division 3, Title a of the Government Code, and to be completed in conformity with plans and specifications of the State of California, Department of Publics storks, Division of Highways, x bear entire axpense of preparation of plans ;4- 9 , and specifications, and the State's share of expense of the �l WVh ?6 anz engineering, inspection and construction costs to complete the semi -traffic actuated signal system and highway light- ing referred.to herein, such share to be a stem bearing the same proportion to the total cost of installation of signals as the number of highways under jurisdiction of State, which may enter the Intersection involved, bears to the total number of highways entering such intersectiono (o) The State will maintain and operate the en- tire semi -traffic actuated signal system and highway light- ing as constructed. SECTION Ii For and in consideration of covenants and oondi- tions to be,kept and performed by State as set forth in this .Agreement, City agrees: (a) To reimburse State promptly upon rendition of statement therefor, City's share of expense of the engineer- ing, inspection and construction costs, to complete the semi - traffic actuated signal system and highway lighting referred to herein, such share to be a.sum bearing the same proportion to the total coat of installation of semi -traffic actuated signal system and highway lighting as the number of highways under jurisdiction of City, which may enter the intersection involved, bears to the total number of highways entering such intersection. It is estimated that the cost of City's share is approximately $3000.00, however, the actual amount to be determined after award and completion of the construction contract. (b) To reimburse State for its proportionate raRlI to nanc e and operation of said sb trr,,Iffic actuated qi nal system and lka°avay light- ., ing in s.000rdaxwe aii th- that ceriain rwintenance agrooment ME heretofore entered into between City and State, dated July 19, 1960. IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed by their respective officers, duly authorized, by the City, this ga/yo day of t* g 1952, and by the States this A2 day of STATF, OF GALIFORNIA 1,Apartment df Public Viorks FRANK B. MR= Director of Public Works APPROVEDt RUSSELL S. MUNRO AGft8Q Do" Director of Public Works 'w_ p neer etpg*y ",,,,,a e Approved an to form and procedure: CITY OF EL 0GURDO FV Attorne KV� 0 Works 11VW �a vh