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INSURANCE NOT ON FILE WORK MAY NOT PROCEED CLERK OF COUNCIL DATE: JUL o 2 2019 O"?Vj LEASE AGREEMENT THIS LEASE (the "Lease") is made as of June 18, 2019, by and between 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" or "Landlord"),and Serco, Inc. (`'Tenant'). 1. EXHIBITS: The following exhibit is attached hereto and incorporated herein by reference: Exhibit "A" The Premises 2. PREMISES: Landlord hereby leases to Tenant, and Tenant hereby leases from Landlord, upon the terms, covenants and subject to the conditions set forth herein, a portion of the property located at 215 South Center Street in the City of Santa Ana, commonly known as the City Yard. Specifically, Tenant will be leasing the portion identified as Suite 102A, consisting of approximately 230 square feet of interior office space and one parking space (hereinafter referred to as the "Premises"). Tenant shall be solely responsible at its own expense for all improvements made to the Premises and obtain all necessary approvals. Subject to Section 1 I of this Lease, Tenant agrees to construct a wall to separate the Premises from the remainder of the City Stores building. The wall shall be constructed with 20 gauge steel studs with 5I8" drywall, 8 feet high, and the remainder up to the ceiling shall be chain link fence. The Premises are more particularly described in Exhibit A. 3, COMMENCEMENT OF TERM: The term of this Lease (the "Term") shall be for a period of one (1) year, which shall commence on July I 2019 (the "Commencement Date"), unless sooner terminated or extended as provided herein. 4. ADDITIONAL LEASE CONDITIONS. This section is intentionally omitted. 5. EXTENSION PERIODS: Landlord shall have the right, but not the obligation, to provide Tenant the option to extend the Term for three (3) separate consecutive additional periods of one (1) year each on the same terms and conditions as set forth in this Lease. Each option shall be agreed to in writing by the Landlord and Tenant prior to the expiration of the Term or any Extension Period then in effect. If Tenant does not exercise its option to extend as provided herein, Tenant will be deemed a holdover Tenant and subject to paragraph 7 of this lease, The lease is subject to a Consumer Price Index (CPI) increase for any extension period. N-2019-118 b. RENT: (a) Beginning on July 1, 2019 tenant shall pay to Landlord, as monthly rent (''tent"}, throughout the Term, Four Hundred and Sixty Dollars ($460) for office space and Fifty Dollars ($50) for a single parking space for a total monthly sum of Five Hundred and Ten Dollars ($510.00) in advance, on the I st day of each calendar month and continuing through the life of the Term. Any partial month shall be prorated at Seventeen Dollars ($17) per day. All payments of Rent and other sums due to Landlord hereunder shall be made payable to The City of Santa Ana" and remitted to: City of Santa Ana M-13, 20 Civic Center Plaza, PO Box,1988,