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AMENDMENT NO. 3 TO <br />AGREEMENT NO. C-8-1157 <br />1 funds from Agreement No. C-1-3099 to be transferred to Agreement No. C-8-1157, increasing the <br />2 maximum obligation of Agreement No. C-8-1157 to a total of Six Million Three Hundred Eighty Eight <br />3 Thousand Dollars ($6,388,000); and <br />4 WHEREAS, the maximum obligation of Six Million Three Hundred Eighty Eight Thousand <br />5 Dollars ($6,388,000) comprises of Five Million Nine Hundred Thousand Dollars ($5,900,000) in <br />6 Measure M funds and Four Hundred Eighty Eight Thousand Dollars ($488,000) in Renewed Measure <br />7 M funds. Such funds were agreed by AUTHORITY and CITY as necessary to complete the project; and <br />8 WHEREAS, CITY agrees to contribute an additional Four Hundred Eighty Eight Thousand <br />9 Dollars ($488,000) in CITY funds to the project development activities and Preliminary Engineering (PE) <br />10 phases under Agreement No. C-1-3099 in exchange for the re-programming of the M2 funds to <br />11 Agreement No. C-8-1157; and <br />12 WHEREAS, CITY agrees to reimburse AUTHORITY Four Hundred Eighty Eight Thousand <br />13 Dollars ($488,000) in CITY funds in the event the project development activities and PE phases are not <br />14 completed under Agreement No. C-1-3099; and <br />15 NOW, THEREFORE, it is mutually understood and agreed by AUTHORITY and CITY that <br />16 Agreement No. C-8-1157 is hereby amended in the following particulars only: <br />17 1. Amend page 2 of 10, lines 8 through 10, to delete in its entirety and replace with: <br />18 "WHEREAS, the AUTHORITY and CITY estimate the PROJECT shall cost up to Six Million <br />19 Four Hundred Eighty Eight Thousand Dollars ($6,488,000) for Alternatives Analysis and NEPA and <br />20 CEQA environmental compliance including associated detailed planning and conceptual engineering; <br />21 and". <br />22 2. Amend page 2 of 10, lines 18 and 19, to delete "Five Million, Nine Hundred Thousand <br />23 Dollars ($5,900,000.00)" as the AUTHORITY's maximum cumulative obligation under this Agreement <br />24 and in lieu thereof insert "Six Million Four Hundred Eighty Eight Thousand Dollars ($6,488,000)". <br />25 3. Amend page 2 of 10, line 22, to delete 15.9 million" as the AUTHORITY's maximum <br />26 cumulative obligation under this Agreement and in lieu thereof insert <br />1 <br />Page 2 of 4