PARKING CONCEPTS INC. OF LOS ANGELES 1E - 2012

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i A- 2012 -227 AMENDMENT EXTENDING NON - EXCLUSIVE OPERATING AGREEMENT FOR PUBLIC PARKING GARAGES AND SURFACE LOT STAFFING AND FIELD MANAGEMENT BETWEEN THE CITY OF SANTA ANA AND PARKING CONCEPTS, INC. THIS AMENDMENT EXTENDING NON - EXCLUSIVE OPERATING AGREEMENT is entered into on this 19th_day of November 2012, by and between Parking Concepts, Inc., a Delaware corporation ( "Operator ") and the City of Santa Ana, a charter city and municipal corporation of the State of California ( "City "). �3 RECITALS: A. The City entered into the Non - Exclusive Operating Agreement for Public Parking Garages and Surface Lot Staffing and Field Management Between the City of Santa Ana and Parking Concepts, Inc. (Agreement #2007 -253) dated December 31, 2007 ("said Agreement "), with Operator by which Operator has operated and managed the City's Parking Garages and Surface Parking Lots. B. In accordance with said Agreement, the parties exercised its three Options to said Agreement. The City issued a new Request for Proposals for a management contract for a parking operator dated November 20, 2012. C. In accordance with the terms and conditions of said Agreement, the parties wish to extend the term for three (3) additional months while the City evaluates proposals submitted and awards a new agreement. WHEREFORE, in consideration of the mutual and respective covenants and promises hereinafter contained and made, and subject to all of the terms and conditions of said Agreement, the parties hereto do hereby agree as follows: Section 3 "Term of Agreement" shall be extended for an additional three (3) months to April 1, 2013. 2. Section 4 "Compensation" shall remain with the compensation of $2,600.00 per month. Total compensation under the extended term of the Agreement shall not exceed $7,800.00. 3. Except as hereinabove amended, all terms and conditions of said Agreement shall remain in full force and effect.