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5 <br /> ADDENDUM TO PARKING MANAGEMENT AGREEMENT <br /> BETWEEN'I'HE CITY OF EVERETT AND DOWNTOWN EVERETT <br /> ASSOCIATION <br /> THIS AGREEMENT is entered into this day of , 2004, by and <br /> between the City of Everett, a municipal corporation under the laws of the State of <br /> Washington("City")and Downtown Everett Association("Managing Agent"). <br /> WITNESSETH: <br /> WHEREAS,the City and the Managing Agent entered into an agreement ("Agreement") <br /> dated May 1,2001,for the management of the Everpark Garage;and <br /> WHEREAS, the Agreement commenced on May 1, 2001, for a thirty six month term; <br /> and <br /> WHEREAS, in order to facilitate a potential change in the management of the garage at <br /> the expiration of the current term, the parties desire to extend the Agreement for an <br /> additional sixty(60)days; <br /> NOW, THEREFORE, THE CITY AND MANAGING AGENT MUTUALLY <br /> AGREE AS FOLLOWS: <br /> Section 1: The first sentence of Section A of Article II of the Agreement which reads as <br /> follows: "this Agreement shall be for a period of thirty-six (36) months commencing on <br /> -- - - - - - -- -- ------- -- - --------- - <br /> May 1, 2001." is hereby amended to read as follows: "this Agreement shall be for a <br /> period of sixty (60) days commencing on May 1; 2004; provided, however, <br /> nothwithstanding any language herein, following the first thirty—six (36) month period of <br /> this Agreement, the parties may terminate this Agreement at any time upon the mutual <br /> agreement of both parties." <br /> Section 2: All provisions of the Agreement not modified by this Addendum shall remain <br /> in full force and effect. <br /> IN WITNESS WHEREOF, the parties have executed this Addendum the date and <br /> year written above: <br /> 10 <br />