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1111 0 <br /> FTIP#: LAF1506 CFP#F1506 <br /> AMENDMENT NO.1 <br /> LOA.P000F1506 <br /> AMENDMENT NO. 1 <br /> LETTER OF AGREEMENT <br /> BETWEEN <br /> RANCHO PALOS VERDES <br /> AND <br /> THE LOS ANGELES COUNTY METROPOLITAN TRANSPORTATION AUTHORITY <br /> This Amendment No. 1 to Letter of Agreement (this "Amendment"), is dated as of <br /> November 25, 2013, by and between City of Rancho Palos Verdes ("Project Sponsor"), and <br /> the Los Angeles County Metropolitan Transportation Authority ("LACMTA"). <br /> RECITALS: <br /> A. Project Sponsor and LACMTA entered into that certain Letter of <br /> Agreement No. LOA.P000F1506, dated November 24, 2008, (the "Existing LOA"), which <br /> Existing LOA provides for the Bike Compatible.Roadway Safety and Linkage on Palos Verdes <br /> Drive South, ("the Project"); and <br /> B. Whereas, LACMTA Board on July 25, 2013, desires to extend the <br /> lapsing date of Funds programmed for Fiscal Year (FY) 2010-11 to June 30, 2014; and <br /> C. Whereas, LACMTA Board on July 25, 2013, approved changes in scope <br /> of work. <br /> D. Project Sponsor and LACMTA desire to amend the Existing LOA as <br /> provided herein. <br /> Rev: 08.07.13 1 LOA Amendment Lapsing Date Extension <br />