AMENDMENT NO. FOUR TO INTERAGENCY AGREEMENT

BETWEEN PORTLAND DEVELOPMENT COMMISSION

AND PORTLAND OFFFICE OF TRANSPORTATION

This Amendment No. Four, by and between the Portland Development Commission and the Portland Office of Transportation amends that certain interagency agreement between the Portland Development Commission (“PDC”) and the Portland Office of Transportation (“Bureau”) dated July 15, 2002 as previously amended (the “Agreement”). A copy of the original Agreement is attached hereto.

Pursuant to Section II(7), the Agreement is hereby amended as follows:

1.  Section II Scope of Services shall not have a new item number 21 as follows:

“21) Oregon Convention Center URA: Eastside Streetcar Alignment Study; Further described in Attachment A-21, attached hereto.

2.  Section V Compensation / Allowable Costs Subsection A shall be replaced with the following language:

“The Portland Development Commission shall pay to the Office of Transportation a sum not to exceed SEVEN MILLION ONE HNDRED SIXTY THOUSAND AND ONE HUNDRED NINTEEN DOLLARS ($7,160,119) for accomplishment of the Work identified in

Section II-A above.”

3.  All remaining provisions of the Agreement shall remain unchanged and in full force and effect.

CITY OF PORTLAND          PORTLAND DEVELOPMENT COMMISSION

By:              By:            

Brant Williams, Director          Donald F. Mazziotti, Executive Director

Bureau of Transportation          Portland Development Commission

Date:              Date:            

APPROVED AS TO FORM:        APPROVED AS TO FORM:

City Attorney            Legal Counsel