02-1015_LA PATA EQUESTRIAN CENTER, LLC_License Agreement AmdOct 15 02 11:19a SJR.. -=,M OFFICE
4863V"- P,2
LICENSE AGREEMENT AMENDMENT
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This License Agreement Amendment is entered into this/ -2 day of
D4011'—_ 2002, by and between the City of San Juan Capistrano (hereinafter "City")
and the La Pats Equestrian Center, LLC (hereinafter "Licensee"),
Whereas, City and Licensee have entered into a license agreement with respect
to real property on May 21, 2002, and
Whereas, Lirensee agreed in section 2(b) of said agreement to provide a surety
bond with regard to removal of improvement upon termination of the agreement, and
Whereas, Licensee has requested the deletion of said bonding requirement,
NOW, THEREFORE, BE IT RESOLVED between City and Licensee that surety
bond requirements set forth in section 2(b) are hereby deleted. Accordingly, Section
2(b) is hereby amended in its entirety to read as follows.
"2(b). In the event of termination, Licensee shall disassemble and
remove all improvements, except barb wire perimeter and
cross -fencing made to the Property and restore the Property
to its prior undeveloped state as open -space range land
within the ninety (90) day notice of termination period."
In Witness Whereof, the parties hereto have executed this Amendment to
License Agreement on the day and year first above written.
CITY OF SAN JUAN
ATTEST AS TO FORM: A1TE5 f: jMONLHAN,
JOH AW, CITY ATTORNEY M R RETRCITY CLERK
LARRY S. HATFIELD
ITS: MANAGING MEMBER