Second Amendment to Levee Financing and Improvement Agreement

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Contract. The Owners further waive any requirement under the Levee Agreement, including without limitation Section 4(1), that funds from the Maintenance Reserve account shall be used exclusively for repair of the Seaport Centre Wet Utilities, and instead agree that such funds may be used as specified in this Amendment. The Owners do not otherwise waive any term or provision of the Levee Agreement or the Form Purchase Contract. 6. Consistency with thehate acid Method. The Owners acknowledge and agree that the terms of this Amendment are consistent with the terms of the Rate and Method. The Owners hereby waive any right to make any protest or complaint or to undertake any legal action challenging the validity of the Special Taxes as a result of the execution and delivery of this Amendment or any of the actions authorized by this Amendment. 7. Representations of Parties. Each of Parties hereby represents and warrants without reservation or qualification of any kind that it is authorized and has full power to execute and deliver this Amendment without obtaining the consent or approval of any other person or entity, and that the below signatory for each of the Parties is authorized to execute and enter into this Amendment on that party's behalf. City further acknowledges and agrees that the Parties' agreement regarding the disbursement and allocation of the Maintenance District's Maintenance Reserve funds in accordance with this Amendment is a minor conforming, technical or clarifying change that does not materially increase the obligation of the City under the Levee Agreement. 8. Electronic Sip -nature. This Amendment may be executed electronically consistent with the City's Electronic Signature Policy. 9. Conflict, No Further Modification. In the event of any conflict between the terms of the Levee Agreement, including the Form Purchase Contract, and this Amendment, this Amendment shall prevail. Except as otherwise set forth in this Amendment, all of the terms and provisions of the Levee Agreement shall remain unmodified and in full force and effect. (Signatures on following pages) ATTY/AGR/2025/AMEND. NO.2 — MASTER SEAPORT LEVEE AGREEMENT REV: 10-15-25 VR Page 4 of 6