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WREN RECORDED RETURN TO: Maricopa County Real Estate Division 2801 W. Durango Street Phoenix, AZ 85009 EXEMPT ARS 11-1134, A3 AGREEMENT FOR COST-TO-CURE COMPENSATION Project TT525 — Peak View Road (58th St to 60th St) Item No. D23211 Assessor's Parcel No.: 211-44-127A This Agreement is entered into by the MARICOPA COUNTY, a political subdivision of the State of Arizona, and Frank Merola, an unmarried man, and shall become effective upon acceptance by the Maricopa County Board of Supervisors. Maricopa County is acquiring a portion of property owned by Frank Merola for the above referenced project. In order to accomplish the proposed roadway improvements, Frank Merola agrees, at County expense, to have removed and replaced the existing fence currently located within the portion of property being purchased for the project. The value of this cost-to-cure is calculated in a quote prepared by Elrod Fence Co. and approved by Maricopa County. The cost-to-cure for this work totals One Thousand Two Hundred Two and 30/100 Dollars ($1,202.30) and broken down as follows: Relocate 120LF of 6' high galvanized steel chain link fencing $1,202.30 Total $1,202.30 THEREFORE, in consideration of the mutual covenants and agreements contained herein, the parties hereby agree: MARICOPA COUNTY AGREES: A. To issue a warrant in the amount of One Thousand Two Hundred Two and 30/100 Dollars ($1,202.30) payable to Frank Merola for cost-to-cure payment. FRANK MEROLA AGREES: 1. To accept the sum of One Thousand Two Hundred Two and 30/100 Dollars ($1,202.30) for cost to cure payment. 2. That should they have additional claims against Maricopa County, it will make specific claims in compliance with the procedures and conditions set forth in ARS 12-821.01. 3. To complete all necessary work by May 31, 2016. 4. That they are solely responsible for the adequacy of the work plan, the selection of the contractors, and for the sufficiency of the work performed by said contractors as set forth in the work plan. Page 1 of 3 Project TT525 — Peak View Road (58th St to 60th St) Item No. D23211 Assessor's Parcel No.: 211-44-127A , 2016. STATE OF ARIZONA )ss COUNTY OF MARICOPA ) The foregoing instrument was acknowledged before me this 3r day of 204), by Frank Merola. My Commission Expires ?;a40/1 Notary Public (signature) BRENDA SCHARNOW NOTARY PUBLIC - ARIZONA Maricopa County My Commission Expires Oct. 12, 2018 Notary Stamp Seal Page 2 of 3 Project TT525 — Peak View Road (58th St to 60th St) Item No. D23211 Assessor's Parcel No.: 211-44-127A 4fr /1 tAi Real Property Branch Manager ACCEPTED: MARICOPA COUNTY BOARD OF SUPERVISORS: By Chairman of the Board ATTEST: Clerk of the Board of Supervisors Date Approved as to form and within the powers and authority ofitlie Bo44of Supervisors: Page 3 of 3