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FIRST AMENDMENT TO PUBLIC INFRASTRUCTURE ASSISTANCE AGREEMENT This First Amendment to Public Infrastructure Assistance Agreement ("Amendment") is made and entered into as of December 31, 2020, by and among the LOUISVILLE REVITALIZATION COMMISSION (the "LRC"), the CITY OF LOUISVILLE (the "City"), and 824 SOUTH, INC., a Colorado corporation (the "Developer") (The LRC, the City, and Developer are collectively the "Parties"). WHEREAS, the LRC is a public body corporate and politic authorized to transact business and exercise its powers as an urban renewal authority Linder and pursuant to the Colorado Urban Renewal Law, Part 1 of Article 25 of Title 31, C.R.S. (the "Act"); and WHEREAS, the City is a home -rule city and municipal corporation duly organized and existing under and pursuant to Article XX of the Colorado Constitution and Charter of the City (the "Charter"); and WHEREAS, the Developer is the owner of certain real property located at 957 Main Street and 824 South Street, Louisville, CO (the "Property"), which property is located within the area (the "Plan Area") described in the Highway 42 Revitalization Area Urban Renewal Plan (the "Plan"); and WHEREAS, the LRC, the City, and Developer are parties to that certain Public Infrastructure Assistance Agreement, dated April 15, 2020 ("Original Agreement"), concerning the funding and construction of a mixed -use project on the Property, which project includes public and private infrastructure improvements; and WHEREAS, construction on the Project is now underway, but due to unforeseen circumstances, the Developer is anticipating Project completion may be delayed and that the Developer's costs may exceed the amounts set forth in Exhibit A to the Original Agreement; and WHEREAS, the Parties now desire to amend the Original Agreement to extend the Project completion deadline and increase the not -to -exceed project amount. NOW, THEREFORE, in consideration of the premises and promises contained herein, the LRC, the City, and the Developer hereby agree to amend the Original Agreement as follows: 1. The amount paid by the City to the Developer in accordance with the Original Agreement shall not exceed $295,196.52 ("Maximum Contract Amount"). Page 1 of 2