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County 6.25% of $8,0009 . . . . . . . . . . $ 500 <br />City 6 of $8,000 . <br />COWFY'S share for Steps I and II in the amount of $1,781 <br />shall be paid to CITY upon execution of this amen men <br />STEP III CONSTRUCTION <br />Estimated cost of 18" diameter interceptor $184,395 <br />Less ineligibles (difference between 18" & 10") 445646 <br />Estimated grant eligible construction cost $139,749 <br />Shared Costs <br />Federal 75% of $139,749 $104,812 <br />State -0- <br />County 12.5% of $139,749 = $17,469 <br />plus 50% of $44,646 = 22,323 <br />City 12.5% of $139,749 = $17,469 <br />plus 50% of $44,646 - 22,323 <br />39, 792 <br />COUNTY'S share for Step III shall be paid to CITY upon project <br />completion and determination of actual costs. <br />It is mutually agreed that if State funds become <br />available to finance all or part of the above "Shared Costs", <br />COli\riY and CITY shall divide such funds on an equal basis. <br />2..- It is mutually agreed to amend that certain agreement <br />dated May 6, 1975, by and between the parties hereto by changing <br />section 5.e)2. to read as follows: <br />5.02. Upon completion of the Airport Interceptor <br />connecting the Airport sewer systems to the main sewer system <br />of CITY, the 2,600,000 gallons per day total capacity shall be <br />- 3 - <br />