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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 (City) <br />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, 2003, 2004, 2005 and 2006. LTD reports it has <br />record of payments in 1999 and 2000. In error the City did not bill Contractor for lease payments <br />or landscape maintenance reimbursement fees for 1998, 2001 and 2002. LTD Purchasing <br />Supervisor agreed the parties would discuss the payment of the 2001 and 2002 lease and landscape <br />maintenance reimbursement, allowing Contractor time to obtain the necessary funding to cover the <br />payments. In an effort to resolve this issue, the City and Contractor agree that LTD shall make the <br />following payments: <br />2001 Annual Lease & Landscape Maintenance Fees $3,221.30 <br />2002 Annual Lease & Landscape Maintenance Fees $3,221.30 <br />Total of past due payments $6,442.60 <br />In consideration of the previous verbal agreement, the City will forgive the payments due for 1998, <br />an amount which totals $3,221.30. <br />Beginning on January 1, 2008, the responsibility for landscape maintenance is transferred to the <br />Contractor. For 2008, the land rental rates in Exhibit B are amended to reflect the following <br />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 />Hereafter, the current value of large raw land parcels shall automatically increase by 6, unless <br />amended by further mutual agreement. <br />Upon receipt of the fully executed agreement, LTD shall make payment of the 2001 and 2002 <br />fees. The 2008 lease and landscape maintenance fees of $4,752.00 will be invoiced on or before <br />December 10 and are due on or before January 2, 2008. <br />All other terms and conditions of this contract remain in full force and effect. <br />CITY OF EUGENE <br />Angel L. Jones <br />City Manager Pro Tern <br />CONTRACTOR <br />Mark Pangborn <br />General Manager <br />Date: Date: <br />