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�+� <br /> SECOND AMENDMENT TO AGREEMENT � <br /> for <br /> EXCLUSIVE RIGHT TO NEGOTIATE <br /> (Western Innisfree Ventures, LLC) <br /> THIS AGREEMENT ("Agreement"), entered into this day of <br /> , 2000, by and between the REDEVELOPMENT AGENCY <br /> OF THE CITY OF REDWOOD CITY, a public body corporate and politic <br /> ("Agency"), and Western Innisfree Ventures, LLC, a California Limited Liability <br /> Company, comprised of Cinema Square, LLC, a California Limited Liability <br /> Company, and Western Properties Trust, a California Business Trust, jointly <br /> and severally, (collectively, "Developers"); <br /> Witnesseth: <br /> WHEREAS, Agency entered into an Agreement for Exclusive Right to <br /> Negotiate with Developers (formerly organized and existing as the Innisfree <br /> Companies, a California Corporation, and Western Investment Trust, a California <br /> Business Trust, respectively) dated June 10, 1999 (the "AgreemenY'), regarding <br /> a proposed redevelopment project commonly described as the Downtown Retail- <br /> Cinema Project (the "ProjecY'); and <br /> WHEREAS, Agency and Developers entered into a First Amendment to <br /> Agreement for Exclusive Right to Negotiate on May 22, 2000 (the "First <br /> AmendmenY'), extending the term of the Agreement; and <br /> ERN-004 <br /> F:Sh\Sh\Rw\ComDev <br /> DES:rg <br /> 10/04/00; 10/09/OOR <br /> .. _ . <br />