11-020 Prometheus Real Estate Group_Amendment #3 dated 8-22-2025 for License Agreement Cupertino City Center Building1
pa-1412004
THIRD AMENDMENT TO THE LICENSE AGREEMENT BETWEEN CUPERTINO
CITY CENTER BUILDINGS AND THE CITY OF CUPERTINO TO EXTEND THE
LICENSE FOR COMMUNICATIONS EQUIPMENT
This THIRD AMENDMENT ("Amendment Agreement") is made and entered into
as of the of August, 2025 ("Effective Date") by and between CUPERTINO
CITY CENTER BUILDINGS, a California limited partnership ("Licensor"), and the CITY OF
CUPERTINO, a municipal corporation ("Licensee").
RECITALS
1. Licensor is the owner of the real property located at 20400 Stevens Creek Boulevard,
Cupertino, California (the "Project") including, without limitation, the building located
thereon ("the Building").
2. Licensor and Licensee amended their original LICENSE AGREEMENT, dated
September 1, 2016 in order to extend the term an additional five (5) years to a new end
date of February 21, 2021 upon the same terms and conditions of the original agreement
(“First Amendment”);
3. Licensor thereafter amended their LICENSE AGREEMENT in order to extend
the term an additional five years to a new end date of February 21, 2026 upon the
same terms and conditions of the original Agreement (“Second Amendment”);
4. Licensor and Licensee again desire to amend their LICENSE AGREEMENT,
currently set to expire on February 21, 2026 ("Agreement") in order to extend it for an
additional five (5) years to a new end date of February 21, 2031 upon the same terms
and conditions as the original Agreement, except for the terms explicitly discussed
below.
NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of
which is hereby acknowledged, the parties hereto hereby agree as follows:
1. Paragraph 1 (a) of the Agreement "Term" shall have a last sentence added to it to read
as follows:
The term of this Agreement shall be extended from the amended License Termination
Date of February 21, 2026 to the new License Termination Date of February 21, 2031
upon the same terms and conditions of the original Agreement.
2. The Rent, listed under paragraph 2 of the Agreement shall be increased to a monthly
rent in the amount of Sixty Dollars ($60.00), which shall be paid in one annual payment
of Seven Hundred Twenty Dollars ($720.00) no later than July 1st during each year of
the Agreement.
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3. Paragraph 8 of the Agreement regarding notice is hereby updated as follows:
Licensee:
City of Cupertino
Attn: Public Works Department
10300 Torre Avenue
Cupertino, CA 95014
Email: PublicWorks_Admins@Cupertino.org
Telephone: 408-777-3364
With a concurrent copy to:
City of Cupertino
Attn: City Clerk
10300 Torre Avenue
Cupertino, CA 95014
Telephone: 408-777-3200
Licensor:
c/o Prometheus Real Estate Group, Inc. 1 North B Street, Suite 4000, San Mateo, CA 94401
Attn: CFO
Telephone No.: (650) 931-3400
Fax No.: (650) 931-3400
With a concurrent copy to:
c/o Prometheus Real Estate Group, Inc., 1 North B Street, Suite 4000, San Mateo, CA 94401
Attn: Eron Kosmowksi, SVP, Finance and Commercial Operations
Telephone No.: (650) 931-3400
Fax No.: (650) 931-3400
And with a concurrent copy to:
Project Management Office
20400 Stevens Creek Boulevard, Suite 130
Cupertino, CA 95014 Attn: Property Manager
Telephone No.: (408) 873-0121
Fax No.: (408) 873-0122
All other terms and conditions of the Agreement are unchanged and remain in force and effect.
This Third Amendment to the Agreement shall be effective as of the Effective Date above.
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LICENSOR
CUPERTINO CITY CENTER BUILDINGS, a California limited partnership
By: PROM XX, INC., a California corporation, its general partner
By:PROMETHEUS REAL ESTATE GROUP, INC., a California corporation,
Agent for Licensor
By:
Eron Kosmowski
Title:
SVP Finance and Commercial Operations
LICENSEE:
City of Cupertino
By:
Interim City Manager
Approved as to form:
By:
Senior Assistant City Attorney
Attest:
By:
City Clerk
Amendment #3 to Agreement
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Michael K Woo
Tina Kapoor
Kirsten Squarcia
License Agreement for Communications
Equipment - Third Amendment
Final Audit Report 2025-08-22
Created:2025-08-19
By:Sundari Pilaka (Sundarip@cupertino.org)
Status:Signed
Transaction ID:CBJCHBCAABAAN6wILkZcnf5wU8gemjZ_iOETUgKEw7YS
"License Agreement for Communications Equipment - Third Am
endment" History
Document created by Sundari Pilaka (Sundarip@cupertino.org)
2025-08-19 - 9:22:30 PM GMT- IP address: 64.165.34.3
Document emailed to aracelia@cupertino.gov for approval
2025-08-19 - 9:40:58 PM GMT
Email viewed by aracelia@cupertino.gov
2025-08-19 - 9:41:09 PM GMT- IP address: 107.23.104.136
Document approval delegated to Araceli Alejandre (aracelia@cupertino.org) by aracelia@cupertino.gov
2025-08-19 - 11:33:44 PM GMT- IP address: 71.202.76.156
Document approved by Araceli Alejandre (aracelia@cupertino.org)
Approval Date: 2025-08-19 - 11:35:11 PM GMT - Time Source: server- IP address: 71.202.76.156
Document emailed to Eron Kosmowski (ekosmowski@prometheusreg.com) for signature
2025-08-19 - 11:35:12 PM GMT
Email viewed by Eron Kosmowski (ekosmowski@prometheusreg.com)
2025-08-19 - 11:35:33 PM GMT- IP address: 104.28.56.3
Document e-signed by Eron Kosmowski (ekosmowski@prometheusreg.com)
Signature Date: 2025-08-19 - 11:36:11 PM GMT - Time Source: server- IP address: 104.28.58.9
Document emailed to michaelw@cupertino.gov for signature
2025-08-19 - 11:36:13 PM GMT
Email viewed by michaelw@cupertino.gov
2025-08-19 - 11:36:19 PM GMT- IP address: 3.141.2.223
Signer michaelw@cupertino.gov entered name at signing as Michael K Woo
2025-08-19 - 11:48:59 PM GMT- IP address: 73.170.186.236
Document e-signed by Michael K Woo (michaelw@cupertino.gov)
Signature Date: 2025-08-19 - 11:49:01 PM GMT - Time Source: server- IP address: 73.170.186.236
Document emailed to tinak@cupertino.gov for signature
2025-08-19 - 11:49:03 PM GMT
Email viewed by tinak@cupertino.gov
2025-08-19 - 11:49:11 PM GMT- IP address: 3.89.7.119
Signer tinak@cupertino.gov entered name at signing as Tina Kapoor
2025-08-20 - 10:30:26 PM GMT- IP address: 64.165.34.3
Document e-signed by Tina Kapoor (tinak@cupertino.gov)
Signature Date: 2025-08-20 - 10:30:28 PM GMT - Time Source: server- IP address: 64.165.34.3
Document emailed to kirstens@cupertino.gov for signature
2025-08-20 - 10:30:30 PM GMT
Email viewed by kirstens@cupertino.gov
2025-08-20 - 10:30:39 PM GMT- IP address: 54.160.146.165
Signer kirstens@cupertino.gov entered name at signing as Kirsten Squarcia
2025-08-22 - 1:14:47 AM GMT- IP address: 64.165.34.3
Document e-signed by Kirsten Squarcia (kirstens@cupertino.gov)
Signature Date: 2025-08-22 - 1:14:49 AM GMT - Time Source: server- IP address: 64.165.34.3
Agreement completed.
2025-08-22 - 1:14:49 AM GMT