Agmt16 San Mateo County Bradford Parking License Agreement

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ORIGINAL AMENDMENT NO. 4 TO LICENSE AGREEMENT BETWEEN THE CITY OF REDWOOD CITY AND COUNTY OF SAN MATEO THIS AMENDMENT NO 4. is entered into as of this day of , 2017 (the "Effective Date"), amending the License Agreement by and between THE CITY OF REDWOOD CITY, a charter city and municipal corporation of the State of California ("CITY"), and COUNTY OF SAN MATEO, a political subdivision of the state of California, ("LICENSEE"). RECITALS f � A. CITY and LICENSEE previously entered into that certain License Agreement dated February 24, 2016, ("Original License Agreement") allowing Licensee to use the City Property for construction worker vehicle parking of up to 40 spaces on the City Property. B . The Original License Agreement was amended by Amendments 1 , 2, and 3 to License Agreement, dated December 22, 2016, March 27, 2017 and September 8, 2017, respectively. (The Original License Agreement, Amendment 1 , Amendment 2, and Amendment 3 are correctively referred to herein as the "License Agreement".) C. CITY has determined that providing for a specific number and clear allocation of spaces, to be delineated by the LICENSEE provides a common benefit to the Downtown area, while ensuring spaces are available for contractor employee use. D . LICENSEE understands and acknowledges that CITY is concurrently providing a license to others to use portions of the City Property that are not within the License Area (as further described in Section 1 below). The parties intend to revise the Exhibit identifying the License Area solely to update the name of another entity (DCI ) utilizing certain spaces on the City Property, which does not affect the location or number of spaces utilized by Licensee. E. The License granted by the License Agreement is scheduled to terminate as of September 30, 2017. F. CITY is willing to extend the term of the License Agreement on the terms set forth herein. AGREEMENT NOW, THEREFORE, for good and valuable consideration, receipt of which is hereby acknowledged, the parties agree as follows: 1 . Extension of Term; License Area. The Term of the License Agreement is extended for an additional 6 months commencing on October 1 , 2017 and expiring on April 30, 2018 ("Extension Period"). Exhibit A, attached hereto and incorporated by reference, identifies the License Area to be used by Licensee as well as the names of other parties using the City Property, and replaces the prior version of this document (Exhibit A to Amendment No. 4). Capitalized Terms. Capitalized terms used herein and not otherwise defined shall have the meanings given to such terms in the License Agreement. REV: 09-27-17 PR Page 1 of 3 ATTY/AGR.Amend No. 4 /SAN MATEO COUNTY LICENSE AGREEMENT/BRADFORD PARKING