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• <br />AMENDMENT NO. #1 TO <br />City of Eugene Contract No. 1997 -00410 <br />This Amendment is made to the Lease Agreement dated June 10, 1997, between the City of Eugene <br />(City) and Land Transit District (Contractor). <br />City and Contractor mutually agree to the following and amend the contract referenced above as follows: <br />According to the records of the City, LTD was billed for and paid for annual lease and landscape <br />maintenance services for calendar years 1997, 1999, 2000, 2003, 2004, 2005, 2006 and 2007. In <br />error the City did not bill Contractor for lease payments or landscape maintenance reimbursement <br />fees for 1998, 2001, 2002, 2008 and 2009. In an effort to resolve this issue, the City and �x rtL I_r� <br />Contractor agree that LTD shall make the following payments: `�0,� <br />2001 Annual Lease Payment <br />$1,9_00_80­ <br />2001 Landscape Maintenance Fees <br />$1,320.50 <br />2002 Annual Lease Payment <br />$1,900.80 <br />2002 Landscape Maintenance Fees <br />$1,320.50 <br />p "o <br />2008 Annual Lease Payment <br />$4,752.00 <br />2008 Landscape Maintenance Fees <br />$1,320.50 <br />q © � g � <br />2009 Annual Lease Payment <br />$4,752.00 <br />2009 Landscape Maintenance Fees <br />$1,320.50 <br />Total of past due payments <br />$18,587.60 <br />In consideration of past verbal agreement and length of time, the City will forgive the payments <br />due for 1998, an amount, which totals $3,221.30. <br />Exhibit B is amended to reflect the following changes: <br />a. Land Rental <br />Current value of large raw land parcels in the area: $150,000 <br />Value of site (.396 acre) $ 59,400 <br />Annual rent at 8% per year $ 4,752 <br />b. Land value increases /decreases for the yearly contract payment will be based on a current <br />market assessment performed by a City of Eugene Sr. Real Property Officer. -7 <br />c. All landscape and facility maintenance (mowing, weeding, pruning, fertilization, <br />replacement planting and trash control, etc.) for the 6950 square foot site and parking lot <br />will become the responsibility of LTD as of January 1, 2010. <br />1�1cltil Sur4L <br />Upon receipt of the fully executed agreement, LTD shall make payment for the 2001, 2002, 2008 Dees a <br />and 2009 fees. The 2010 lease payment of $4,752.00 will be invoiced on or before December 10 <br />and is due on or before January 2, 2010. <br />All other terms and conditions of this contract remain in full force and effect. <br />CITY OF EUGENE <br />Kurt Cory, P.E. <br />Public Works Director <br />CONTRACTOR <br />Mark Pangborn <br />LTD General Manager <br />