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HomeMy WebLinkAboutAdden 02 1%W LAG-04-003 , Adden #2-09 AMENDMENT 2 TO THE PARK AND RIDE GARAGE AGREEMENT Between the City of Renton and King County This Amendment 2 to the Park and Ride Agreement between the City of Renton and King County is entered into this ��¢ day of , 2009, by and between the City of Renton ("Owner" or"City") and King County, acting through its Department of Transportation ("KCDOT"). WHEREAS, the City and KCDOT executed an agreement on June 1, 2004, ("Agreement") to permit transit and ride share commuters use of a portion of the Owner's property for a park and ride lot; and WHEREAS, the City and KCDOT executed Amendment 1 to the Agreement on October 22, 2008, to expand the number of commuter parking spaces to serve transit customer ridership and modify the compensation under Section 2 (Payment) of the Agreement; and WHEREAS,the City sent KCDOT a termination notice of the Park and Ride Garage Agreement, such termination notice dated April 22, 2008; and WHEREAS,the parties have agreed to extend the Park and Ride Garage Agreement, by this Amendment 2 to December 31, 2009; NOW, THEREFORE, in consideration of the mutual terms and covenants herein and in the Agreement, the parties hereto agree to the following: SECTION 1. Section 1 of Amendment 1 to the Park and Ride Garage Agreement relating to Section 2 (Payment) of the original Agreement is modified with respect to the location of the permitted parking spaces. While the total number of parking spaces which KCDOT commuters are permitted to use remains 250 parking spaces located on the "premises", those spaces are limited to spaces 312 to space 562 in the garage. Except as modified by this 1 *'10, section, Section 1 of Amendment 1 changing Section 2 (Payment) of the original Agreement remains in full force and effect. The compensation for use of the parking spaces by commuter customers of KCDOT shall be prorated because of this extension of the Agreement to account for payments made under the original Agreement and Amendment 1, but to allow for additional payments for the extended time in April and the remaining eight months of extension under the Agreement. SECTION 2. Section 3 (Term) of the original Agreement is deleted and the following amended language is substituted: This Agreement shall be in full force and effect and binding upon the parties hereto beginning June 1, 2004 and shall continue thereafter until it expires on December 31, 2009, unless the parties execute a subsequent amendment prior to that date that extends the termination date. SECTION 3. All other provisions of the Agreement not amended by Amendment 1 or Amendment 2 shall remain in full force and effect. IN WITNESS WHEREOF, the parties have executed this Amendment 2 on the date set forth below. KING COUNTY METRO TRANSIT DIVISION By: K iImond, General Manager Date Ki Cmy Metro Transit Division CITY OF RENTON 1 By: Denis Law, Mayor Date 2 ATTEST: Bonnie L Walton, City Clerk e +''A 3