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SECOND EXERCISE OF OPTION <br />FOR TAXI LICENSE AGREEMENT <br />THIS SECOND EXERCISE OF OPTION, made and entered into this _ day of December, 2008, by and <br />between A White and Yellow Cab Company (hereinafter "Licensee") and the City of Santa Ana, a charter city and <br />municipal corporation duly organized and existing under the Constitution and laws of the State of California <br />("City"), collectively referred to herein as "the Parties". <br />RECITALS <br />A. The Parties entered into that certain agreement entitled "Site License Agreement between the City of Santa <br />Ana and A White and Yellow Cab Company" dated December 19, 2005, hereinafter referred to as "said <br />Agreement", to license commercial space at The Santa Ana Regional Transportation Center to A White and Yellow <br />Cab Company to be used to accommodate a taxi cab company to provide transportation to travelers, visitors and <br />employees at The Santa Ana Regional Transportation Center. <br />B. The parties hereto now desire to exercise the second one-year option of said Agreement to extend the <br />"Term" (section 1.02) and to increase the "Compensation" term (section 1.03) of said Agreement. <br />WHEREFORE, in consideration of the mutual and respective covenants and promises hereinafter contained and <br />made, and subject to all of the terms and conditions of said Agreement as hereby amended, the parties hereto do <br />hereby agree as follows: <br />1. The "Term" section of said Agreement is hereby extended through December 18, 2009. <br />2. The "Compensation" section of said Agreement is hereby amended for the second option period and <br />increased to the monthly amount of $5,877.00. <br />3. Except as hereinabove modified, the terms and conditions of said Agreement, including the attached Rider, <br />remain unchanged and in full force and effect. <br />IN WITNESS WHEREOF, the parties hereto have executed this Second Exercise of Option of Taxi Cab <br />License Agreement the date and year first above written. <br />ATTEST: CITY OF SANTA ANA <br />Patricia E. Healy <br />Clerk of the Council <br />APPROVED AS TO FORM: <br />Joseph W. Fletcher, City Attorney <br />Lisa Storck, Assistant City Attorney <br />RECOMMENDED FOR APPROVAL: <br />Cynthia J. Nelson, Deputy City Manager <br />for Development Services <br />David N. Ream <br />City Manager <br />A White and Yellow Cab Company <br />By: <br />Name: <br />Title/Tax ID: <br />25S-3 <br />