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80A - PH AGMT WITH COUNTY OF ORANGE 65 YR GROUND LEASE
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80A - PH AGMT WITH COUNTY OF ORANGE 65 YR GROUND LEASE
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Last modified
2/13/2020 5:09:20 PM
Creation date
2/13/2020 4:59:39 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
80A
Date
2/18/2020
Destruction Year
2025
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i0a:11-111 a <br />EXIHBIT D <br />FORM OF MEMORANDUM OF LEASE <br />MEMORANDUM OF LEASE <br />This is a Memorandum of Lease ("Memorandum'') made and entered into as of this <br />day of 120 by and between the County of Orange, a political subdivision of the State <br />A of California, the Housinguthority of the City of Santa Ana, a public body, corporate and politic <br />(collectively, the "Lessor") and , ("Tenant'), residing at , upon the following <br />terms: <br />1. Lease. The provisions set forth in a written lease between the parties hereto dated <br />("Lease"), are hereby incorporated by reference into this Memorandum. <br />2. Subject Premises. The Premises which are the subject of the Lease are more particularly <br />described as on Exhibit A, attached hereto <br />3. Effective Date of Lease. The Lease shall be deemed to have commenced on (the <br />"Effective Date") as set forth within the terms of the Lease. <br />4. Term The Term of the Lease shall be Sixty -Five (65) years from the Effective Date as stated in <br />the written Lease. The Term shall commence on the date hereof and terminate Sixty -Two (62) years <br />from the Commencement Date, which is the date on which a Certificate of Occupancy is issued for <br />the Project, provided, however the Term shall be no longer than sixty five (65) years from the <br />Effective Date. <br />5. Duplicate Copies of the originals of the Lease are in the possession of the Lessor and Tenant and <br />reference should be made thereto for a more detailed description thereof and for resolution of any <br />questions pertaining thereto. The addresses for Lessor and Tenant are as follows: <br />If to Lessor: County of Orange <br />c/o CEO/Corporate Real Estate <br />333 W. Santa Ana Blvd, 3rd Floor <br />Santa, Ana, CA 92702 <br />Attn: Chief Real Estate Officer <br />And to: <br />Housing Authority of the City of Santa Ana <br />20 Civic Center Plaza (M-26) <br />P.O. BOX 1988 <br />Santa Ana, California 92702 <br />Attn: Housing Manager <br />With a copy to: Office of the City Attorney <br />City of Santa Ana <br />20 Civic Center Plaza, 7th Floor (M-29) <br />Santa Ana, California 92702 <br />Page 165 <br />
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