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FTIP#: LAF1605 CFP#F1605 <br /> AMENDMENT NO. 2 <br /> PPNO: N/A LOA.POO F 1605 <br /> AMENDMENT NO. 2 <br /> LETTER OF AGREEMENT <br /> BETWEEN <br /> CITY OF RANCHO PALOS VERDES <br /> AND <br /> THE LOS ANGELES COUNTY METROPOLITAN TRANSPORTATION AUTHORITY <br /> This Amendment No. 2 to Letter of Agreement (this "Amendment"), is dated as of October <br /> 15, 2013,by and between City of Rancho Palos Verdes ("Project Sponsor"), and the Los <br /> Angeles County Metropolitan Transportation Authority ("LACMTA"). <br /> RECITALS: <br /> A. Project Sponsor and LACMTA entered into that certain Letter of <br /> Agreement No. LOA.POOF1605, dated November 3, 2009, which was amended on October 1, <br /> 2012 (as amended, the "Existing LOA"), which Existing LOA provides for the Pedestrian Safe <br /> Bus Stop Linkage, ("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) 2009-10 to June 30, 2014; and <br /> C. Project Sponsor and LACMTA desire to amend the Existing LOA as <br /> provided herein. <br /> AGREEMENT: <br /> NOW,THEREFORE, for good and valuable consideration, the receipt and <br /> adequacy of which are hereby acknowledged, the parties hereby agree as follows: <br /> 1. Part II, Paragraph 6.1(ii) of the Existing LOA is hereby amended by <br /> deleting it in its entirety and replacing it with the following: "Funds programmed for FY <br /> 2009-10 are subject to lapse on June 30, 2014. Funds programmed for FY 2012-13 are <br /> subject to lapse on June 30, 2015. Project Sponsor shall allocate or obligate these Funds by <br /> the lapsing date." <br /> 2. Part II, Paragraph 8 of Existing LOA is hereby amended by deleting it <br /> in its entirety and replacing it with the following: <br /> "8 COMMUNICATIONS: <br /> 8.1 Project Sponsor shall ensure that all Communication Materials <br /> contain recognition of LACMTA's contribution to the Project as more particularly set forth in <br /> "Funding Agreement Communications Materials Guidelines" available on line or from the <br /> LACMTA Project Manager. Please check with the LACMTA Project Manager for the web <br /> Rev: 08.07.13 1 LOA Amendment Lapsing Date Extension <br />