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74. TRADE-IN OF MOTOR GRADER Approve the trade-in of one used Caterpillar, 120 H.P. Motor Grader, County Asset # M0300045 (2003 ser. OCAF00202), on the purchase of one new Caterpillar 120 H.P. Motor Grader from Empire Machinery on Serial 11013-C. The Price Agreement was established by Materials Management Department on April 27, 2011 for the purpose of purchasing a new motor grader for Maricopa County Department of Transportation (MCDOT). The purchase price of the new 120 H.P. Motor Grader is $204,232.73. With the trade-in credit of $75,000 the net cost to the County is $129,232.73. Approval to trade-in the Caterpillar 120 H.P. Motor Grader #45 will partially offset the cost of the new 120 H.P. Caterpillar Motor Grader. Materials Management Department established a Contract, Serial 11013-C, for the purpose of purchasing the new Motor Grader. The Life-Cycle for the one new motor grader will be six years or 7000 hours and will be used by MCDOT during that time for the construction and roadway maintenance operations. The total price for the new Motor Grader less the trade-in credit is $129,232.73. (C-91-11-233-M-00)