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11
City of Pleasanton
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CITY CLERK
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AGENDA PACKETS
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2022
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062122
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6/17/2022 8:15:28 AM
Creation date
6/17/2022 8:09:10 AM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
6/21/2022
DESTRUCT DATE
15Y
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up to Five Million Two Hundred Thousand Dollars ($5,200,000) within sixty (60) <br />days following approval of the Cost Certification, and (ii) any Stoneridge Drive Cost <br />Overruns in excess of Five Million Two Hundred Thousand Dollars ($5,200,000) shall <br />be paid to Costco in accordance with Section 4.3." <br />2. Section 4.2(c). Section 4.2(c) of the Original Agreement is deleted in its entirety <br />and replaced with the following: <br />"The City shall reimburse Costco for the City's portion of any Cost Overruns, as <br />specified in Section 3.5, in accordance with the Costco reimbursement provisions set <br />forth in Section 4.3." <br />3. No Other Charlyes Except as provided in this First Amendment, all terms and <br />conditions of the Original Agreement shall continue in full force and effect. Only those <br />provisions of the Original Agreement specifically amended herein shall be affected by this First <br />Amendment. <br />4. Counterparts. This First Amendment may be executed in two or more <br />counterparts, each of which shall be deemed an original, but all of which taken together shall <br />constitute one and the same instrument. <br />5. Modifications. Any alteration, change, amendment or modification of or to this <br />First Amendment, in order to become effective, shall be made in writing and in each instance <br />signed on behalf of each Party. <br />6. Severability. If any provision of this First Amendment or the application thereof <br />to any person, entity or circumstance shall, to any extent, be invalid or unenforceable, the <br />remainder of this First Amendment, or the application of such provision to persons, entities or <br />circumstances other than those as to which it is invalid or unenforceable, shall not be affected <br />thereby, and each other provision of this First Amendment shall be valid and be enforceable to <br />the full extent permitted by Law. <br />— 7. Applicablel,aw.__Thelaws_ofthe_State_of-Califomia,- without -regard--to-conflict of <br />laws principles, shall govern the interpretation and enforcement of this First Amendment. <br />2 <br />1310\01\3299750-1 6/6/22 <br />
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