My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
RIO WEST LLC (2)
Clerk
>
Contracts / Agreements
>
R
>
RIO WEST LLC (2)
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
10/4/2018 12:41:57 PM
Creation date
10/4/2018 12:29:30 PM
Metadata
Fields
Template:
Contracts
Company Name
RIO WEST LLC
Contract #
A-2018-212
Agency
POLICE
Council Approval Date
9/4/2018
Expiration Date
10/31/2019
Insurance Exp Date
1/1/1900
Destruction Year
2024
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
47
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
EXHIBIT "I" <br />Santa Ana Police <br />Addendum to Lease dated July 1, 20i8 -between Rio Vista West, LLC, a California Limited Liability Company, <br />("Lessor") and the Santa Ana Police Department, a division of the City of Santa Ana, a municipal corporation <br />("Lessee") <br />Section 49. Option to Renew: <br />Provided Lessee is not then in default with respect to the Lease to which this OPTION TO RENEW is attached and <br />has kept and performed all of its obligations under said Lease, Lessee shall have the right and option at any time, at <br />least 180 days before the expiration of said Lease, to extend the tern thereof for two (2) additional term(s) of one (1) <br />year each from the date of expiration of said Lease, which notice of exercise of option shall only be effective if in <br />writing and sent to the Lessor as provided in the Lease for the mailing of notices. Provided, however, that Lessee may <br />not exercise this right if the Lessee lies received three (3) or more notices of default throughout the initial term of this <br />Lease, whether or not those defaults were cured, or at any time when Lessee has breached and not cured or is in default <br />under this Lease. Should Lessee breach or default under this Lease at any time after giving notice of extension and <br />prior to the first day of the extended term, Lessor shall have the right to declare Lessee's notice void and of no effect, <br />and the term of this Lease shall expire as if notice had not been given. <br />Such Lease extension shall be upon the identical terms and conditions as set forth in the Lease, except that the rental <br />to be paid by Lessee hereunder shall be increased as follows: <br />Option 1 $2,700.00 per month <br />Option 2 $2,782.00 per month <br />The first option must be exercised in a timely manner for the second option term to be valid. The second option must <br />be exercised in a timely manner for the thud option term to be valid. <br />Airy security deposit held by Lessor shall be increased in the ratio as the rent is increased in the first year of the option <br />period divided by the rent for the first year of the initial term. <br />Upon default in payment of the full increase in rental provided for above, Lessor shall have the same rights and <br />remedies as upon default in the rent otherwise provided for in the Lease. <br />This OPTION TO 2F,NEW or extend may be exercised only by the original Lessee while physically occupying the <br />Premises and any consent by Lessor to assignment or sublease oj'the Premises shall not he construed as a waiver <br />of this prohibition. <br />
The URL can be used to link to this page
Your browser does not support the video tag.