HomeMy WebLinkAboutCost of Living Agreement -2020AMENDMENT TO AGREEMENT TO ACKNOWLEDGE
ANNUAL COST OF LIVING INCREASE
THIS AMENDMENT TO AGREEMENT is made and entered in the City of San Luis Obispo
on this 1 day of October 2020 by and between the CITY OF SAN LUIS OBISPO, a municipal
corporation, herein after referred to as CITY, and COMMUNITY ACTION PARTNERSHIP OF
SAN LUIS OBISPO COUNTY, INC., herein after referred to as CAP.
WHEREAS, on September 1, 2001, the CITY entered into an Agreement with CAP to lease the
Ludwick Community Center Little Rec’ers Room and adjoining playground;
WHEREAS, CAP continues to desire to lease of said premises and is amenable to an
amendment to the monthly rent charge consistent with a Cost of Living Increase;
NOW THEREFORE, in consideration for their mutual promises, obligations and covenants
hereafter contained, the parties hereto agree as follows:
1. CAP shall pay the CITY eight hundred and twenty-three dollars ($823.00) per month,
payable in advance in one installment for a total of $9,876.00, due November 1, 2020.
2. All other terms and conditions of the 2001 Agreement remain in full force and effect.
IN WITNESS WHEREOF, the parties hereto have caused this instrument to be executed the
day and year first written above.
CITY OF SAN LUIS OBISPO
By:
Derek Johnson – City Manager
COMMUNITY ACTION PARTNERSHIP OF SAN LUIS OBISPO COUNTY, INC.
By:
Elizabeth “Biz” Steinberg – C.E.O