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• <br /> FIRST AMENDMENT TO LEASE AGREEMENT <br /> This First Amendment to Lease Agreement (this "Amendment") is made and <br /> entered into on this 54" day of , 2017 ("Amendment Date") by and between • <br /> the CITY OF RANCHO PALOS VERDES, a California municipal corporation <br /> ("Landlord") and PORTUGUESE BEND NURSERY SCHOOL,a California non-profit <br /> corporation ("Tenant"). <br /> RECITALS • <br /> A. Landlord and Tenant previously entered into that Lease Agreement dated <br /> September 1, 2016, for the Tenant's limited right to use that certain real property <br /> commonly known as"Abalone Cove Beach" identified as 5970 Palos Verdes Drive <br /> South in the Rancho Palos Verdes, Los Angeles County, State of California <br /> ("Original Lease"). . <br /> • <br /> B. The parties desire to amend the Original Lease as set forth below. <br /> NOW, THEREFORE, for valuable consideration the sufficiency of which is hereby <br /> acknowledged the parties agree as follows: <br /> 1. EFFECTIVE DATE. This Amendment shall be effective as of the Amendment Date. • <br /> 2. TERM AMENDMENT. Section 3.1 is amended to extend the Termination Date to <br /> June 30, 2020. <br /> 3. FULL FORCE AND EFFECT. Except as modified by this'Amendment,the Original <br /> • Lease shall remain in full force and effect. This Amendment terminates and supersedes <br /> all prior understandings, discussions or agreements on the subject matter in this <br /> Amendment. <br /> 4. REPRESENTATIONS. The person executing this Amendment on behalf of Tenant <br /> is duly authorized to execute and deliver this Amendment on behalf.of Tenant in <br /> accordance with a duly adopted resolution of the Board of Directors. and this <br /> Amendment is binding on Tenant in accordance with its terms. Tenant represents and <br /> warrants to Landlord that entering this Amendment does not violate any provisions of <br /> any other agreement to which Tenant is bound. <br /> 5. COUNTERPART EXECUTION. This Amendment may be executed in any number <br /> of counterparts, each of which shall be deemed to be an original instrument and all of <br /> which together shall constitute'a single agreement. <br /> • <br /> B-1 <br />