HomeMy WebLinkAboutAdden 03 LAG-04-003, Adden #3-09
AMENDMENT THREE (3) TO THE PARK AND RIDE GARAGE AGREEMENT
Between the City of Renton and King County
This Amendment 3 to the Park and Ride Agreement between the City of Renton and
King County is entered into this ?jk day of (�ecee�, 2009 ("Amendment 3")by and
between the City of Renton("Owner") and King County, acting through its Department of
Transportation ("KCDOT").
WHEREAS, the Owner and KCDOT executed an agreement on June 1, 2004, ("Original
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 Owner and KCDOT executed Amendment 1 to the Original Agreement
on October 22, 2008, ("Amendment I") to expand the number of commuter parking spaces to
serve transit customer ridership and modify the compensation under Section 2 (Payment) of the
Original Agreement; and
WHEREAS, the Owner and KCDOT executed Amendment 2 to the Original Agreement
on November 24, 2008 ("Amendment 2") to extend the Term to December 31, 2009; and
WHEREAS,the Original Agreement, Amendment 1 and Amendment 2 are hereafter
collectively referred to as the"Agreement;" and
WHEREAS, the parties now desire to extend the Term of the Agreement for an
additional one (1) year period to expire on December 31, 2010; and
WHEREAS, the parties further desire to specify an option to expand up to an additional
One Hundred (100)spaces, the number of commuter parking spaces to serve transit customer
ridership from the current allowable Two Hundred Fifty(250) spaces;
NOW,THEREFORE,in consideration of the mutual terms and covenants herein and in
the Agreement, the parties hereto agree to the following:
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SECTION 1. Section 3 (Term) of the Original Agreement, as modified by
Amendment 2 is hereby deleted in its entirety and is replaced as follows:
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,
2010, unless the parties execute a subsequent amendment prior to that date that extends
the termination date.
SECTION 2. In the event that KCDOT desires to increase the number of
commuter parking spaces, the parties agree to negotiate in good faith to increase the number of
commuter parking spaces from the current Two Hundred Fifty(250)up to an additional One
Hundred (100) for a total of Three Hundred Fifty(350) spaces. The parties understand and agree
that neither party is obligated under this Section unless and until the parties are able to reach an
agreement with respect to the total number of spaces (not to exceed an additional 100 commuter
parking spaces) and the associated additional payment for the use of each commuter parking
space.
SECTION 3. All terms and conditions of the Agreement not amended by this
Amendment 3 shall remain in shall remain in full force and effect and are hereby ratified and re-
confirmed. To the extent any term(s) and/or condition(s) of the Agreement conflicts with any
term(s) and/or condition(s) of this Amendment 3, the term(s) and/or condition(s) of this
Amendment 3 shall control.
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IN WITNESS WHEREOF, the parties have executed this Amendment 3 on the date set
forth below.
KING COUNTY METRO TRANSIT DIVISION
B4Kevi
Ia 3 f/Oq
Desmond, General nager Date
ounty Metro Transit Division
CITY OF RENTON
By:
Den' Law, ayor Date
ATTEST:
Bonnie I. Walton, City Clerk
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