Financial- Melvin Mark (Files 1-2)

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~ ~ ADDENDUM TO PROJECT MANAGEMENT AGREEMENT DATED: January , 1998 BETV~EEN: MARION COLTNTY, OREGON, a political subdivision of the Stat~ of Oregon ("County") and SALEM AREA MASS TRANSIT DISTRICT, a political subdivision of the State of Oregon (together, "Owner") AND: MELVIN MARK DEVELOPMENT COMPANY, an Oregon corporation ("Manager") Owner and Manager are parties to a Project Management Agreement dated June 1, __. . ___ 1997 (the "AgreemenY~ entered into as a result of a bid accepted by Owner which was made by Manager in response to Owner's request for proposal dated May 8, 1997, pertaining to the Courthouse Square project in Salem, Oregon. While undertaking an analysis of the budget and project documents in effect as of June 1, 1997, the parties determined that substantial reconsideration of the project design, budget and construction cost estimates was necessary. Owner requested that Manger undertake additional services, and Manager agreed to undertake such additional services. ~ NOW, THEREFORE, in consideration of the mutual promises of the parties set forth in this Addendum to Project Management Agreement (the "Addendum'~, the parties agree to modify the Agreement as follows: 1. Additional Services. Effective as of June 1, 1997, Owner engages Manager to provide the following preconstruction services which are in addition to those described in the Agreement: attend original design meetings, assist and advise Owner during the demolition phase, advise Owner on the building design and schedule, consult with Owner on appropriate predesign site investigations, assist Owner in developing agreements with the contractor, assist in refining original design to achieve parking and building efficiencies, consult with Owner on parking needs and alternatives, study feasibility of expanding existing courthouse gara.ge, lead and advise development team (Owner, the contractor and the architect) through project redesign, attend and provide advice during financing meetings with Owner, bond counsel, and financial advisors, assemble "new design" budget and assist in determining current fmancial status, assemble data and run ARGUS financial models to review optimal project design, attend Transit, Counry and public fon~m meetings in a advisory capacity, draft the requests for proposals for the "north end" retail development, advise Owner during the retail or muced used developer selection process, assist Owner with obtaining from third parties independent cost verifications covering various project components, attend Special Project Oversight Committee meetings on an as-needed basis, assist Owne"r with the design review process, and assist Owner with developing and reviewing bid documents. ~156837.01