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67. AMENDMENT TO IGA WITH THE TOWN OF WICKENBURG FOR IMPROVEMENTS TO OCOTILLA DRIVE Approve Amendment No. 1 to the Intergovernmental Agreement (IGA) between Maricopa County and the Town of Wickenburg for the Ocotilla Drive project from Mandrad Drive to Palo Verde Drive, Partnership Support (PSUP) Project Number T100. The amendment will increase the County’s financial participation by $111,000.00, making our total contribution capped at $407,000.00. The Town has completed the roadway annexation process. The original project was estimated at one million dollars, with the County contributing 50%, the Town 25%, and the property owners 25%. The project came in under budget at the total cost of $592,000. The County has already remitted payment to the Town via two separate payments, $200,000 on June 5, 2007 for design and right-of-way work, and $300,000 on March 13, 2008 for our expected share of construction costs. With the lower than expected project costs, the County is due a refund in the amount of $204,000.00. Unfortunately, during this time of economic turndown, the Town is unable to collect the expected 25% or $148,000 from the property owners to complete the construction phase of the project. Many of the properties are now in foreclosure, so the Town is requesting the County to partner with them to make up the remaining 25% of the total project costs. The County is willing to share the additional 25% with the Town, with the County contributing $111,000 and the Town contributing $37,000.00, thus making our share of the total project costs $407,000. The County will receive a refund in the amount of $93,000 from the Town. Supervisorial District No. 4 (C-64-06-051-2-01)