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3. Section 14 of the Permit will be amended in its entirety to read as follows: <br /> 14. Monthlv Fee Increase. Once per calendar year, the Director may, at <br /> his/her sole discretion, increase the Monthly Fee by, up to and including, <br /> five percent (5%) over the Monthly Fee in effect during the month prior to <br /> the fee increases taking effect. Increases in the Monthly Fee pursuant to <br /> this section shall occur by written amendment. <br /> 4. All other provisions of the Permit as may have been amended from time to <br /> time will remain in full force and effect. <br /> 5. All requisite insurance policies to be maintained by the Parties pursuant to <br /> the Permit, as may have been amended from time to time, will include coverage for this <br /> Amendment. <br /> 6. The individuals executing this Amendment and the instruments referenced <br /> in it on behalf of the Parties each represent and warrant that they have the legal power, <br /> right and actual authority to bind the Parties to the terms and conditions of this <br /> Amendment. <br /> CHILDREN'S CREATIVE LEARNING CITY OF REDWOOD CITY <br /> CENTER, INC. 1017 Middlefield Road <br /> 794 Duane Avenue Redwood� �.ai'9406 <br /> Sunnyvale, CA 94086 ,�,, � <br /> ' ���� By. � <br /> g ; E �verett, City Manager <br /> y �Eran �1�as <br /> A4te� <br /> ���•-� � `- `�� L� � ��-�.� <br /> Title: �� � � ° <br /> Patricia Howe, C�ty Clerk <br /> Atly/Ag r/2005/Amen dm ents <br /> CCLC.1 <br /> 062205 2 <br />