SEQUOIA FOUNDATION - Laserfiche WebLink

Home Browse Search

INSURANCE NOT ON FILE N-2020-004 WORK MAYNQT PROCEED CLERK OF COUNCIL DATE: LEASE AGREEMENT THIS LEASE (the "Lease") is made as of January 1, 2020, 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 the Sequoia Foundation, , a California domestic nonprofit corporation ("Teoant`�. 1. EXHIBITS: The following exlibits are attached hereto and incorporated herein by reference: Exhibit "A" The Premises Exhibit "B" Additional Lease Conditions 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 1000 East Santa Ana Boulevard in the City of Santa Ana, commonly known as the Santa Ana Regional Transportation Center (SARTC). Specifically, Tenant will be leasing the portion identified as Sulte 103, consisting of approximately 372 square feet of interior office 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 permits. 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 four (4) months, .which shall commence on January 1, 2020 (the "Commencement Date"), unless sooner terminated or extended as provided herein. 4, ADDITIONAL LEASE CONDITIONS: Tenant aclaiowledges that this lease is subject to compliance with the additional lease conditions attached hereto as Exhibit B. These additional lease conditions are a material part of this lease agreement and any default of these conditions will be deemed a major breach and will subject this lease to termination per the terns identified herein. 5, EXTENSION PERIODS: The Term may be extended for up to a period of two (2) months on the same terms and conditions as set forth in this Lease. Any extension 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 no, extension is mutually agreed to by the parties, and Tenant continues to occupy the Premises after the expiration of the Term, 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. C RENT: Beginning on January 1, 2020, tenant shall pay to Landlord, as rent ("Rent"), throughout the Term, the monthly sum of Seven Hundred and Forty Four Dollars ($744.00) in advance, on the 1st day of each calendar month and continuing through the life of the Term. Any partial month shall be prorated at $24 per day. All payments of Rent and other stuns due to Landlord hereunder shall be made payable to "The City of Santa Ana" and remitted to: City of