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FIRST AMENDMENT TO RIGHT OF ENTRY AND LICENSE AGREEMENT THIS FIRST AMENDMENT TO RIGHT OF ENTRY AND LICENSE AGREEMENT is entered into on August 16. 2022, by and between East End Realty Partners, LP, a California limited partnership ("Licensee"), and the City of Santa Ana, a charter city and municipal corporation organized and existing under the Constitution and laws of the State of California ("City") (collectively, the "Parties" and each a "Party"). RECITALS A.The Parties entered into Right of Entry and License Agreement No. A-2018-272, datedDecember 4, 2018 ("License"), by which Licensee proposed to fund the design,construction and maintenance of a new Skate Park in Downtown Santa Ana ("Project") inthe City alley located behind the parking structure on the southwest comer of French andSpurgeon, in the City of Santa Ana (APN 398-326-1 l) ("Property").B.In accordance with the terms and conditions of the License, the Parties now wish toamend the License to: extend the Term of the License; revise the insurance requirements;and, extend the construction completion date for the Project.NOW THEREFORE, in consideration of the mutual and respective promises, and subject to the terms and conditions of the License, except as hereinafter modified, the Parties agree to the following: I.Section 2, Term, shall be amended to extend the Term of the License through August <br />16, 2027, unless an extension or renewal is granted by the City. Notwithstanding theforegoing or any other provision of the License, either City or Licensee may terminatethe License with or without cause, or for any reason, at any time, by giving the otherParty thirty (30) days written notice of termination at the address provided in the License.2.Section 7.1, City Improvements to Parking Structure, shall be amended to confirmthat all referenced City Improvements have been completed.3.Section 7.2, Completion of Work, shall be amended to set a Completion Date ofDecember 31, 2023, for Licensee to finish the Work related to the Project.4.Except as modified by this First Amendment, all terms and conditions of the Licenseshall remain in full force and effect.{signatures on following page} <br />EXHIBIT 1