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<br />3. The Village's share of the Construction Cost plus six <br /> <br /> <br />percent (6%) of such share as full payment for the Village's share of <br /> <br /> <br />the cost of Engincering and Inspection shall hereinafter be referred <br /> <br /> <br />to as the "Village's Share". <br /> <br />4. The State with its own forces and equipment or by <br /> <br /> <br />contract shall install traffic signals at the intersection of Trunk <br /> <br /> <br />Highway No. 5l West Ramp and County Road B-2 - Estimated Cost $30,000. <br /> <br /> <br />Village's Share 50 percent. <br /> <br /> <br />5. Upon completion of the work provided for in paragraph 4 <br /> <br /> <br />hereof the Village shall pay the State their share of the actual <br /> <br /> <br />Construction Cost. The State shall pay any remaining costs. <br /> <br />6. The Village shall install or cause the installation of <br /> <br /> <br />an adequate electrical power supply to the service pole including any <br /> <br /> <br />necessary extensions of power lines, and upon completion of said signal <br /> <br /> <br />installation shall provide necessary electrical power for its operation <br /> <br /> <br />at the cost and expense of the Village. <br /> <br /> <br />7. Upon completion of the wark contemplated herein, the <br /> <br />State shall maintain and keep in repair the traffic signal, except for <br /> <br /> <br />relamping, cleaning and painting at its cost and expense; and the Village <br /> <br /> <br />shall relamp, clean and paint the signal at its cost and expense. <br /> <br /> <br />8. The Village indemnifies, saves and holds harmless the <br /> <br />State and all of its agents and employees of and from any and all claims, <br /> <br /> <br />demands, actions or causes of action of whatsoever nature or character <br /> <br /> <br />arising out of, or by reason of, the performance of any work by the <br /> <br />Village provided for hereby, and further agrees ~o defend, without cost <br /> <br /> <br />or expense to the State, its agents or employees, any action or pro- <br /> <br />ceeding commenced for the purpose of asserting any claim of whatsoever <br /> <br />character arising in connection with or by virtue of the work to be <br /> <br />performed by the Village. <br /> <br />_ ~_~ -.J _ ___I. L_ h_ <br />