2004 AGN APR 20 I10 - Laserfiche WebLink

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First Amendment Sports Park Structures Lease City of Colton/Big League Dreams Colton, LLC Tenant shall agree to negotiate in good faith to determine an appropriate apportionment for the payment of Increased Amount Payments." 3. New Section 7(f). The following is added as a new Section 7(f) to the Agreement: "f. Exterior Wall Signage Not later than three (3) months prior to the Term Commencement Date, Tenant shall develop a Community Sports Facility Sponsorship Program which shall include, as one component of the sponsorship to be offered to Community Sports Facility Sponsors, the right to have interstate highway facing signage on the back of the replica wall features of the Sports Park. Tenant shall diligently and in good faith seek to secure all necessary permits or authorizations from all governmental authorities or agencies having jurisdiction over exterior signage at the Sports Park, which may be visible from interstate highways. The parties acknowledge that the Municipal Code of the City of Colton does not authorize such a program and that implementation of such a program is contingent upon City approval of an amendment to its Municipal Code. The City agrees to diligently process and consider such an amendment." 4. Amendment to Section 9(a) Section 9(a) of the Agreement is amended as follows. The intended completion date of "May 1, 2003" is amended to "September 1, 2004" both times it is used. The date Tenant shall have the option to terminate the Agreement if construction is not completed is amended from "November 1, 2004" to "March 1, 2006". 5. Amendment to Section 14(c)(i) The phrase "but excluding damage due to flood or earthquake." in the seventh line of Section 14(c)(i) is amended to read "but excluding damage due to flood, earthquake or terrorism." 6. Amendment to Section 19 The address of Tenant for notice purposes set forth in Section 19 of the Agreement is amended to read: "If to Tenant, to: Big League Dreams Colton, LLC 16339 Fairfield Ranch Road Chino Hills, California 91709 Attention: Scott Parks LeTellier" 7. Amendment to Section 31(o) Referring to the recordation of the Memorandum of Lease, the phrase "within thirty (30) days after the execution of this Agreement" in the last line of Section 31(o) of the Agreement is amended to read "within thirty (30) days after the Term Commencement Date, as defined in Section 1 4