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HomeMy WebLinkAboutContracts & Agreements_9-2012_CCv0001.pdf FIRST AMENDMENT TO CONDITIONAL PROPERTY DISPOSITION AGREEMENT BY AND BETWEEN THE CITY OF REDLANDS AND HOWARD INDUSTRIAL PARTNERS, LLC This first amendment("First Amendment") to the agreement dated October 18, 2011 (the "Agreement") entered into by the City of Redlands ("City") and Howard Industrial Partners LLC ('.HIP"), is made this 7th day of February,2012. RECITALS WHERE-AS, it is the desire of the City and HIP to amend Exhibit "C," of their existing Agreement to provide for an additional thirty (30) days for City to perform certain obligations under the"Schedule of Perfon-nance;" NOW, THEREFORE, City and HIP agree as follows: AGREEMENT Section 1. Item No. 5 of Exhibit "C" of the Agreement, entitled "Schedule of Performance,"is hereby amended to read as follows: "5. City to prepare Initial Study and Socio- Within 60 days of Developer's Economic Cost/Benefit Study and submit for submittal of the Application Package review to Environmental Review Committee (if the project is deemed complete). (ERC) for CEQA recommendation and Measure"U"compliance. ERC to recommend on Socio-Economic Process is subject to Appendix"A"of Cost,/Benefit Study and determine if a the CEQA Guidelines." Mitigated Negative Declaration or FIR will be required. Section 2. All other provisions of the Agreement shall remain unchanged by this First Amendment, and in effect. I ca,djm Agreements'Ist-Xmdint.('PI)A,Ilowai,(i.ttid,cloc IN WITNESS WHEREOF, Consultant and City have executed this First Amendment to be effective as of February 7, 2011. CITY OF REDLANDS Howard Industrial Partners LLC By: By: Pete Aguilar, ayor Timothy . Howard, Owner ATTEST: Sang Irwin,tkytleik I:ca dim Aggeementslst Amdmt.(`I'I)A.[doward.tnd.doc 2-