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e °a <br />INSURANCE N') � BILE <br />WORK MAY <br />CLERK Oti,��L�C� <br />nm:q <br />I b" <br />A- 2008 -335 <br />SECOND EXERCISE OF OPTION <br />FOR TAXI LICENSE AGREEMENT <br />THIS SECOND EXERCISE OF OPTION, made and entered into this I S 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: <br />1_� (Z n� <br />Patricia E. Heal <br />Clerk of the Council <br />APPROVED AS TO FORM: <br />Joseph W. Fletcher, City Attorney <br />isa Storck, Assistant City Attorney <br />RECOMMENDED FOR APPROVAL <br />Cynthia J. N n, Deputy City Manager <br />for Development Services <br />CITY OF $A-­�UA ANA <br />David N. Ream <br />City Manager <br />A White and Yellow Cab Company <br />By: <br />N e: 4o; seas A 6 v+r_ <br />Title /Tax ID: <br />f rZFF; i bF;,j T- Atltlt7Z AA.D <br />-rAy- _r_b . - 3 3- Oy7.��_�-F <br />