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HomeMy WebLinkAboutComments APPLICANT 8/8/2008 ..:: Page 1 of 1 .-. L1MBIRD Andrew From; Mark Young [mark@rowellbrokaw.com] Sent: Friday, August 08,20082:05 PM . To: L1MBIRD Andrew Cc: McCORMACK Joe; 'Greg Brokaw' Subject; L TD Gateway - Amendment to Early Entry Agreement. Attachments: Gateway-executed First Amendment to Early Entry 8-8-08.pdf Andy, Here is the executed amendmentto the L TD/Gateway Mall Early Entry Agreement, which extends the date. Mark Young Rowell Brokaw Architects One East Broadway, Suite 300 Eugene, OR 97401 Ph: (541) 485-1003 Fax: (541) 485-7344 ITI<'l.rK@[Qwe!1llmKaw.COm 8/11/2008 . Date Received:~/;U>OJ- Planner: AL DBa General Growth Properties,lnc. 110 North Wacker Drive Chicago, llinols 60606 312-960-5000 . fax 312.960-5475 www.generaJgrowfh.com August 8, 2008 VIA UPS OVERNIGHT DELIVERY Chris Thrasher . Lane Transit District 3500 E. 17th Avenue Eugene, OR 97403 . Re: Gateway Mall, Springfield, Oregon Dear Chris: PAMELA S. KAIN Assistant General Counsel , 311-960-5767 (Pltone) 312-442-6371 (Fax) e_mail_Pamela.Kain@generalgrowth.com I Enclosed please find a fully-executed original First Amendment to Early Entry . License and Indemnity Agreement for the above referenced prop~rty, Please do not hesitate to contact me with any questions or concerns at (312) 960- 5767, ~. truly yours, ';?J1~ ) Pamela S. Kain Enclosures Date R~ceived:_~~/02<?I7! Planner:AL 7 FIRST AMENDMENT TO EARLY ENTRY LICENSE AND INDEMNITY AGREEMENT (Gateway Mall, Springfield, Oregon) THIS FIRST AMENDMENT TO EARLY ENTRY LICENSE AND INDEMNITY AGREEMENT (this "A~reement") is entered into as of J~ly 31, 2008 by and between GGP-Gateway Mall L.L.C, a Delaware limited company ("Gatewav"), and Lane Transit District, a municipal corporation in the State of Oregon ("L TD"). I .Recitals . . This Agreement is entered into upon the basis of the following facts, understandings and intentions of the parties: A, Gateway, as grantor, and L TD, as grantee, have enter!ld into that certain Early Entry License and Indemnity Agreementdated as of July 18,2008 ("Earlv Entrv . " License A~reement"), R Gateway and LTD desire to amend the Early Entry License Agreement, as provided herein, NOW, THEREFORE, in consideration of the foregoing and the mutual covenants herein contained and other good and valuable consideration, the receipt imd sufficiency of which are hereby acknowledged, the parties hereto agree as follows: A~reement 1, ~aoitalized Terms and Recitals, Capitalized terms used but not otherwise defined or amended within this Agreement shall have the same meanings as ~e respectively ascribed to such terms in the Early Entry License Agreement. The recitals set forth above are hereby incorporated into this Agreement. 2, Term and Duration, Paragraph 3 of the Early Entry License Agreement is hereby deleted and replaced with the following: "3, Term and Duratiof\. The license and right-of"entry. granted hereby shall commence as of the Effective Date and shall terminate. on the earlier of (i) 5:00 p,m., September 30, 2008, (ii) upon execution of the License Agreement by Gateway and LTD, or. (iii) upon termination of this Agreement pursuant to Section 10 (Default) hereof. The provisions of Sections 5 (General Conditions; Safety, as such section provides with respect to liens), 6 (Indemnification), 7 (Assumption of Risk), 9 (Utilities), 10 (Default), 13 (Attorney's Fees), 16 (Authority), 17 (Independent Contractors; No Third Party Beneficiaries; No .Gift or Dedication) and 18 / 1 Date f1tefeiVed:~~"dd' Planner; Al (Litigation) hereof shall survive the expiration or earlier. termination of this Agreement. " 3, Governim! Law. This Agreement shall be governed by the 1aws:'of the State of Oregon. 4. Authoritv, The parties each hereby represent and warrant t.o the 'other that each pai:ty has the requisite authority to enter into this Agreement and perfonn its respective obligations hereunder. 5. Ratificatiol!, The Early Entry License Agreement, as hereby amepded, is hereby in all respects ratified and confirmed, and the terms, provisions and covenants contained in the Early Entry License,Amendment as hereby amended shall apply and inure to the benefit of and be binding upon the parties hereto and their respective !Successors and assigns, I 6. Countemarts. This Agreement may be executed in ,one or. more counterparts, and shall be deemed to have been duly executed and delivered when a counterpart hereof is executed by each of the parties hereto and delivered to the other pai:ty,:, The executed counterparts, taken together, shall each constitute one and the same instrument and shall each be deemed an original. ' . . , 7. Caotions, The headings of the sections hereof are provided herein for convenience of reference and shall not be considered in construing their contents, (remainder of page intentionally left blank; signature pages fol{ow) ~ " 2 " " Ii ". f/llob! Date Recelvecl:_.../:. .........m.. Planner: AL. IN WITNESS WHEREOF, the parties have executed this Agreement as of the day and year first above written, GRANTOR: GGP-GA TEW A Y MALL L.L.C., a Delaware limited liability company , By: GGPLP L.L.C" a Delaware limited liability company, . a member By: GGP LIMITED PARTNERSHIP~ a Delaware limited partnership, its managing merpber By: GENERAL GROWTH PROPERTIES, INC" a Delaware corporation~' its general partner /t\ . . .. ~. By: / / (T). v L/iuthorized Signatory GRANTEE: . . LANE TRANSIT DISTRICT, a municipal cqrporation in ,the State of Oregon By: Its duly authorized: , 3 Date R~ceived:--0;/Ol1"f Planner: AL. . IN WITNESS WHEREOF, the parties have executed this Agreement as of,theday and year first above written,. . GRANTOR: GGP-GATEW A Y MALL L.L.C" a Delaware limited liability company ., By: GGPLP L.L.C., a Delaware limited liability company, a member , By: GGP LIMITED PARTNERSHIP; a Delaware limited partnership, its managing m~ber By: GENERAL GROWTH PROPERTIES, INC" a Delaware corporation,.iits general partner By: Authorized Signatory GRANTEE: /I1~tf.. 3 Date Received' ~/ptJOf Planner: AL