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where possible. Insurance shall be upgraded to cover any additional liability exposure due to such increases <br />in the Scope of Work. <br />4. Section 3 "Term of Agreement" shall be extended by exercise of this Second Option to Extend the <br />term from January 1, 2011 to January 1, 2012. <br />5. Section 4 "Compensation" shall be amended, only after notification from City to Operator that the <br />surface lot is ready to be utilized, to increase the compensation to $2,600.00 per month. Total annual <br />compensation under the Agreement shall not exceed $35,000.00 over the extended term. <br />6. Except as hereinabove amended, all terms and conditions of said Agreement shall remain in full <br />force and effect. <br />IN WITNESS WHEREOF, the parties hereto have executed this Second Option to Extend the <br />date and year first above written. <br />ATTEST: <br />t- r <br />Maria D. Huizar <br />Clerk of the Council <br />APPROVED AS TO FORM: <br />JOSEPH W.FLETCHER <br />City Attorney <br />By: ., <br />Lisa Storck <br />Assistant City Attorney <br />Recommended for Approval: <br />1- (k "u <br />�"ynthia J. lson, Deputy City Manager �L� <br />For Develo ment Services <br />CITY OF SANTA ANA <br />David N. Ream <br />City Manager <br />PARKING CONCEPTS, INC. <br />Robert Hindle <br />Vice President <br />Tax ID# 95- 2909899 <br />