55707.00003\44092490.2
1 CITY OF LANCASTER
FIRST AMENDMENT TO
EXCLUSIVE NEGOTIATION AGREEMENT AMENDMENT
THIS First Amendment, effective August 26, 2025, (“Effective Date”), is between the City of Lancaster, a California municipal corporation (“City”), and Grupe Investment Company, Inc., a California Corporation (“Grupe”) with respect to the original Exclusive Negotiation Agreement between the parties with an effective date of May 27, 2025 (“Agreement”). The parties desire to extend the term of the Agreement.
The Parties agree as follows:
1. The term of the Agreement is extended an additional 90 days until November 27, 2025.
2. All other terms and provisions of the Agreement and subsequent amendments are unchanged and remain in effect.
IN WITNESS WHEREOF, the parties hereto have caused this First Amendment to be executed and attested by their respective duly authorized officers.
CITY OF LANCASTER,
a California municipal corporation
By: ______________________________
Trolis Niebla, City Manager
APPROVED AS TO FORM:
By: _____________________________
City Attorney
GRUPE INVESTMENT COMPANY, INC.,
a California corporation
By: _____________________________
Matt Skelton, Vice President Acquisition
DEPARTMENT HEAD APPROVAL:
By: ___________________________
Department Director
ATTEST:
By: _____________________________
City Clerk