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4 SECOND AMENDMENT EXTENDING THE TERM OF AGREEMENT BETWEEN
CITY OF FOSTER CITY AND THE ESTERO MUNICIPAL IMPROVEMENT DISTRICT AND FOSTER CITY VILLAGE, INC.
FOR THE USE OF OFFICE AND MEETING SPACE
THIS SECOND AMENDMENT (“Second Amendment”) is made and entered into as of January 16, 2024 (hereinafter, “Effective Date”), by and between the CITY OF FOSTER CITY, a municipal corporation, and THE ESTERO MUNICIPAL IMPROVEMENT DISTRICT (EMID), a political subdivision of the State of California, (hereinafter collectively referred to as “CITY”) and the FOSTER CITY VILLAGE, INC. a community non-profit organization (hereinafter, “FCV”) (collectively CITY and FCV hereafter “Parties”).
RECITALS
This Second Amendment is entered into with reference to the following facts and circumstances:
A. That CITY is the owner of land and improvements at 1000 East Hillsdale Boulevard commonly known as the Foster City Community Center; B. That FCV is a community non-profit organization that provides services in support of successful aging;
C. On December 13, 2021, the City of Foster City/Estero Municipal Improvement District and the FCV entered into an agreement for the use of office space at the Community Center, among other things (“Agreement”); D. That, prior to and until this Agreement, FCV was utilizing office space at the Foster City Community Center pursuant to a rental agreement; E. That FCV and CITY have a common interest in ensuring that services are available and provided to Foster City’s aging population; F. That FCV and CITY previously entered into a first amendment to the Agreement t on January 1, 2023, which is set to expire on December 31, 2023; Section 1.2 of the original Agreement allows for additional extensions to the term through June 30, 2026; and the parties now mutually desire to extend the 2 1
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4 term of the Agreement for an additional period of one year from January 1, 2024 to December 31, 2024 at the current annual rental rate of $3,276.
G. That FCV and CITY agree upon the terms and conditions as set forth in the sections below.
SECTION ONE: AGREEMENT TERM
Section 1.1 of the Agreement is hereby amended as follows:
1.1 Initial Term:
Subject to Section 13 and to the termination provisions contained herein, the initial term of the Agreement shall commence January 1, 2024, and expire on December 31, 2024 (“Agreement Term”).
Except as provided above, all other terms of the Agreement remain in full force and effect.
IN WITNESS WHEREOF, the parties have executed this Second Amendment as of the date first written above.
CITY OF FOSTER CITY/ESTERO MUNICIPAL IMPROVEMENT DISTRICT By: _________________________________
Patrick Sullivan, Mayor/Board President
ATTEST: Dated: ______________________________
____________________________________
Priscilla Schaus, City Clerk/District Secretary
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4 APPROVED AS TO FORM: Dated: ___________________________ _________________________________
Benjamin Stock, City Attorney/District
Legal Counsel
FOSTER CITY VILLAGE, INC.
Dated: ___________________________
_________________________________
Pam Frisella, President