Laserfiche WebLink
it- s H <br /> FIRST AMENDMENT <br /> to <br /> LEASE AGREEMENT <br /> (Pleasanton Park & Ride Facility) <br /> This FIRST AMENDMENT ("Amendment") to the Lease Agreement entered into as <br /> of July 25, 2001 by and among CITY OF PLEASANTON, a municipal corporation <br /> ("City/Lessee") and DUBLIN SAN RAMON SERVICES DISTRICT, a public agency in <br /> the counties of Alameda and Contra Costa, California ("District/Lessor") is entered into <br /> as of August 1, 2011 for the City to continue to lease certain real property owned by the <br /> District under the terms and conditions set forth below. <br /> WITNESSETH <br /> WHEREAS, the Lease Agreement by its terms expires on July 31, 201 l; and <br /> WHEREAS, District does not have a need to utilize the property for wastewater <br /> related purposes at this time; and <br /> WHEREAS, City has invested public funds, including federal grant funds, in the <br /> construction of the Park & Ride Facility currently being operated by City; and <br /> WHEREAS, the community as a whole is best served by maximizing the value <br /> received from the investment of public funds. <br /> NOW, THEREFORE, the parties agree as follows: <br /> The following paragraph is added at the end of existing Section 3 -- Term of the <br /> Lease Agreement: <br /> "Beginning August I, 2011 the term of the Lease Agreement shall be on a year <br /> to year basis. Lessor shall notify Lessee in writing on or before December 31st <br /> of each calendar year if Lessor intends to terminate Lease Agreement on July <br /> 31st of the following year. If Lessor fails to so notify Lessee, the term shall be <br /> automatically extended for an additional year commencing upon August 1st of <br /> that following year." <br /> 1 <br />