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Amendment No. 2 to Agreement No. D08 -042 <br />AMENDMENT NO.2 TO PROPOSITION 111 CITY AGREEMENT <br />This AMENDMENT NO. 2 TO CITY AGREEMENT No. D08 -042 ( "Agreement ") is made and <br />entered into this day of , 2010, by and between the County <br />of Orange, California, a political subdivision of the State of California ( "County "), and the City of <br />Santa Ana, a municipal corporation in the State of California ( "City "). The County and City shall <br />sometimes be referred to separately as a "Party" and collectively as the "Parties." <br />RECITALS <br />WHEREAS, on June 17, 2008 the County entered into Agreement No. D08 -042 for the City to <br />receive as aid, a portion of the County's Proposition 1 B First Allocation in order to fund necessary <br />roadway improvements in the City that are in the general County interest; <br />WHEREAS, on September 29, 2009 the County and City executed Amendment No. 1 to D08 -042 <br />to provide City with an additional $1,019,381 to fund other necessary roadway improvements in <br />the City that are in the general County interest; <br />WHEREAS, the total County's Proposition 113 First Allocation funds shared with the City is <br />$2,019,381; <br />WHEREAS, such funds were deposited with the City on July 15, 2008 and December 24, 2009; <br />WHEREAS, the City completed its projects with a total cost of $1,590,592.98, which resulted in a <br />surplus of $526,167; <br />WHEREAS, the City wishes to redirect the surplus of $526,167 to the Golden Circle Street <br />Pavement Rehabilitation Project; and <br />WHEREAS, the City and County mutually agree to redirect the surplus of $526,167 to the Golden <br />Circle Street Pavement Rehabilitation Project. <br />IT IS MUTUALLY UNDERSTOOD BY THE PARTIES THAT: <br />Exhibit A (Revision 2) has been revised to redirect the surplus of $526,167 to the Golden Circle <br />Street Pavement Rehabilitation Project. <br />All other conditions and requirements of Agreement No. D08 -042 and its Amendment No. 1 <br />remain in full force. <br />2 k lgf 3 <br />