6.B.(2) Amendment to Parking Garage Management Agreement

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Leighton Garage -Fixed Monthly Base Fee of Two Hundred Fifty Dollars ($250.00) per month plus Incentive Fee of seven percent (7%) of gross monthly revenue in excess of Twenty Eight Thousand Five Hundred Dollars ($28,500.00). Main Street Garage -Fixed Monthly Base Fee of Two Hundred Fifty Dollars ($250.00) per month plus Incentive Fee of seven percent (7%) of gross monthly revenue in excess of Thirteen Thousand Dollars ($13,000.00). Wayne Street Garage -Fixed Monthly Base Fee of Two Hundred Fifty Dollars ($250.00) per month plus Incentive Fee of seven percent (7%) of gross monthly revenue in excess of Thirteen Thousand Dollars ($13,000.00). b) The Incentive Fee shall be calculated at seven percent (7%) of the portion of the total gross monthly revenue from the operation of each of the Garages that exceeds the monthly amounts set forth above. The Monthly Management Fee shall be paid to the Operator in arrears for services rendered the previous month, concurrently with the monthly payment by the Commission for reimbursement of operating expenses. c) The Operator shall provide, as part of its management fee, off-site supervision, overhead allocation, at regional offices, and travel expenses. The Operator shall not be reimbursed by the Commission for these services. 8) Audit: The Operator agrees to keep all records relating to its management and operation of the Garages for not less than three (3) years following the ternlination of this Agreement. The Commission and or the State Board of Accounts may review or audit such records at any reasonable time and place. 9) Parking Operation: Parking rates, hours and methods of operation, fi•ee parking, and any discounts or allowances shall be deternlined and directed in writing by the Commission, or its designee, to the Operator. The Operator will make the Garages available to the Commission for Special Event use. 10) Retail Area: The Garages contain an area designated for retail use, which areas include room for several business establishments. The Operator will have no rights or responsibilities under this Agreement relative to the retail areas. It is the intent of this Agreement that the Commission will contract separately concerning the retail areas. 11) Aesthetic Control: The Commission reserves the right to maintain aesthetic control over the interior and exterior of the Garages. Any signage, changes or improvements affecting such areas must be approved in advance by the Commission or its designee. 3