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<br />I' <br /> <br />e <br /> <br />e <br /> <br />Eighty Four Thousand One Hundred Thirty Three &.34/1.00--Dollars <br />SEW. 1 ::n _ 34 on or before April 30, 1995 <br /> <br />Eighty Four Thousand One Hundred Thirty Three & .32/1.00Dollars <br />$84,133.32 on or before July 31, 1995 <br /> <br />The above contributions constitute Two Hundred Ninetv Two Thousand Four Hundred Fifty <br />Dollars $292,450. which represents 10% of the estimated cost of the right of <br />way; however, if it is found that any installment is insufficient to pay the <br />City's obligation, then the City, ufX)n request of the State, will forthwith <br />supplement this amount in such amount as requested by the State. The City, at <br />their discretion, may el~ct to accelerate the aforementioned payment schedule in <br />order to accelerate the acquisition of the right of way. UfX)n completion of the <br />project and in the event the amount as paid by the City is more than 10% of the <br />cost of the right of way, then any excess amount will be returned to the City. <br />Cost of the right of way acquired by the State shall mean the total value of <br />compensation to owners for their property interests either by negotiation or <br />eminent domain. <br /> <br />CITY OF LA PORTE <br /> <br />,TEXAS <br /> <br />EXECurION RECOMMENDED: <br /> <br />By: <br /> <br />District Engineer <br /> <br />Mayor <br /> <br />THE STATE OF TEXAS <br /> <br />ATTEST: <br /> <br />Certified as being executed <br />for the purpose and effect <br />of acti~ating and/or carrying <br />'out the orders, established <br />fX)licies or work programs <br />heretofore approved and <br />authorized by the Texas <br />Transportation Commission <br />under the authority of <br />Minute Order <br /> <br />BY: <br />Director of Right of Way <br /> <br />Date: <br />