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ORIGINAL <br />AMENDMENT NO. 2 TO LICENSE AGREEMENT BETWEEN <br />THE CITY OF REDWOOD CITY <br />AND <br />601 MARSHALL STREET OWNER, LLC <br />THIS AMENDMENT NO. 2 is entered into as ' day of h 14 201 j (the <br />"Effective Date"), by and between THE CITY OF REDWOOD CITY, a charter city and <br />municipal corporation of the State of California ("CITY"), and 601 MARSHALL STREET <br />OWNER, LLC, a Delaware limited liability company, ("LICENSEE"). <br />RECITALS <br />A. CITY and LICENSEE previously entered into that certain License Agreement <br />dated April 22, 2016 ("Original License Agreement"), allowing Licensee to use the City <br />Property for construction worker vehicle parking of up to 40 spaces, as shown on the attached <br />Exhibit A ("License Area"). <br />B. The License Agreement was amended by that certain Amendment No. 1 to <br />License Agreement, dated December 21, 2016 ("Amendment No. 1"). (The Original <br />License Agreement and Amendment No. 1 are correctively referred to herein as the <br />"License Agreement".) <br />C. The license granted by the License Agreement is scheduled to terminate as of <br />March 31, 2017. <br />D. LICENSEE now desires an extension of time to use the City Property for <br />construction worker vehicle parking. <br />E. CITY has determined that extending the temporary use proposed by LICENSEE <br />provides a common benefit to the Downtown area. <br />F. CITY is willing to extend the term of the License Agreement on the terms set <br />forth herein. <br />AGREEMENT <br />NOW, THEREFORE, for good and valuable consideration, receipt of which is hereby <br />acknowledged, the parties agree as follows: <br />1. Extension of Term. The Term of the License Agreement is extended for an <br />additional 6 months commencing on April 1, 2017 and expiring on September 30, 2017 <br />("Extension Period"). <br />2. Capitalized Terms. Capitalized terms used herein and not otherwise defined <br />shall have the meanings given to such terms in the License Agreement. <br />3. License in Effect. CITY and LICENSEE acknowledge and agree that the <br />License Agreement, except as amended by this Amendment No. 2, remains unmodified and in <br />full force and effect in accordance with its terms. <br />ATTY/AGR/2017/AMENDMENTS/AMEND NO. 2 - 601 MARSHAL STREET OWNER, LLC BRADFORD PARKING <br />REV: 03-03-17 VR <br />Page 1 of 3 <br />