TO BE RECORDED AND WHEN RECORDED
RETURN TO:
Orrick, Herrington & Sutcliffe LLP
355 South Grand Avenue, Suite 2700
Los Angeles, California 90071
Attention: Sean Baxter
THIS TRANSACTION IS EXEMPT FROM CALIFORNIA DOCUMENTARY TRANSFER TAX PURSUANT TO SECTION 11929 OF THE CALIFORNIA REVENUE AND TAXATION CODE. THIS DOCUMENT IS EXEMPT FROM RECORDING FEES PURSUANT TO SECTION 27383 OF THE CALIFORNIA GOVERNMENT CODE.
FOURTH AMENDMENT TO
AMENDED AND RESTATED SUBLEASE
by and between the
PASADENA PUBLIC FINANCING AUTHORITY
and the
CITY OF PASADENA
Dated as of November 1, 2024
4132-4653-9090.4
Attachment E
FOURTH AMENDMENT TO AMENDED AND RESTATED SUBLEASE
THIS FOURTH AMENDMENT TO AMENDED AND RESTATED SUBLEASE, dated as of November 1, 2024 (this "Fourth Amendment"), is by and between the PASADENA PUBLIC FINANCING AUTHORITY, a joint exercise of powers authority duly created and existing under the laws of the State of California (the "Authority"), and the CITY OF PASADENA, a municipal corporation duly organized and existing under its Charter and the Constitution and laws of the State of California (the "City").
WIT NE S SETH :
WHEREAS, in connection with the issuance by the Authority of its Pasadena Public Financing Authority Variable Rate Demand Lease Revenue Bonds (Rose Bowl Refinancing and Improvements Projects), Series 2006 (the "2006 Bonds"), the Authority and the City entered into the Sublease, executed and entered into as of February 1, 2006 ( the "Original Sublease"), by and between the Authority and the City;
WHEREAS, the Original Sublease was amended by Amendment No. 1 to Sublease, made and entered into as of February 1, 2009 ("Amendment No. 1"), by and between the Authority and the City;
WHEREAS, in connection with the issuance by the Authority of its Pasadena Public Financing Authority Lease Revenue Bonds (Rose Bowl Renovation Project), Series 2010A, Series 201 OB, Series 201 0C and Series 20 lOD (the "2010 Bonds"), the Original Sublease, as amended by Amendment No. 1, was amended by the First Amendment to Sublease, executed and entered into as of November 1, 2010 (the "First Sublease Amendment"), by and between the Authority and the City;
WHEREAS, in connection with the addition of, and the conversion of the 2006 Bonds to, a new interest rate mode, the Original Sublease, as amended by Amendment No. 1 and the First Sublease Amendment, was amended and restated by the Amended and Restated Sublease, executed and entered into as of May 1, 2011, by and between the Authority and the City (as so amended and restated, the "Restated Sublease") ( capitalized undefined terms used herein have the meanings ascribed thereto in the Restated Sublease); WHEREAS, the Restated Sublease was recorded in the official records of the Recorder of the County of Los Angeles on May 5, 2011 as document number 20110643139; WHEREAS, in connection with the issuance by the Authority of its Pasadena Public Financing Authority Lease Revenue Bonds (Rose Bowl Renovation Project), Series 2013A and Series 2013B (the "2013 Bonds"), the First Amendment to Amended and Restated Sublease was executed and entered into as of January 1, 2013, by and between the Authority and the City; WHEREAS, the First Amendment to Amended and Restated Sublease was recorded in the official records of the Recorder of the County of Los Angeles on January 14, 2013 as document number 20130058593;
4132-4653-9090.4