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Last modified
3/14/2024 12:55:56 PM
Creation date
3/14/2024 12:54:44 PM
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Contracts
Company Name
SER JOBS FOR PROGRESS
Contract #
A-2023-108-02
Agency
Community Development
Council Approval Date
6/6/2023
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INSURANCE NOT REQUIRED <br />MVORK MAY PROCEED <br />CITY CLERK <br />[)ATE: <br />A-2017-264-02A <br />Attachment 5 <br />FIRST AMENDMENT TO OFFICE LEASE BETWEEN <br />SANTA ANA CA I SGF, LLC AND THE CITY OF SANTA ANA <br />ev <br />cO THIS FIRST AMENDMENT TO OFFICE LEASE (this `First Amendment') is entered <br />into as ofTa., (P. 2023 (the "Effective Date") by and between SANTA ANA CAI SGF, <br />LLC, a Delaware limited liability company ("Landlord"), and THE CITY OF SANTA ANA, a <br />charter city and municipal corporation ("Tenant"). <br />WITNESSETH: <br />WHEREAS, Landlord, as successor -in -interest to CF SANTANA, LLC, a Delaware <br />limited liability company, and Terantentered into that certain Office Lease No. A-2017-264 dated <br />October 7, 2017, Tenant Estoppel Certificate No. A-2017-264-01 dated February- 8, 2018, and <br />Exhibit B Notice of Lease Term Dates No. A-2017-264-02 dated February 16, 2018 (hereinafter <br />collectively referred to as the "Lease"), pursuant to which Landlord leased to Tenant and Tenant <br />leased 'from Landlord that certain premises identified as Suite 200 containing approximately <br />19,J21 rentable square feet of office space (the "Premises") in the building located at 801 Civic <br />Center Drive, Santa Ana, CA 92701 (the `Buildinv"); <br />WHEREAS, Landlord and Tenant desire to amend the Lease to set a new Term of the <br />Lease, subject to the terms and conditions set forth herein. <br />NOW, THEREFORE, in consideration of the aforesaid premises and the other <br />agreements and covenants hereafter set forth and for other good and valuable consideration, the <br />receipt of which is hereby acknowledged, the parties do hereby agree as follows: <br />I . tncotrooration of Recitals. The above recitals are hereby incorporated into this <br />First Amendment as if fully set forth herein. As used herein the term "Lease" shall mean the Lease <br />as amended by this First Amendment. <br />2 Definitions. All capitalized terms used in this First Amendment shall have the <br />meanings assigned to them in the Lease unless otherwise specified herein. <br />3. Term. The Initial Term as defined by Section 3, Basic Lease Provisions, of the <br />Lease is hereby for a period of One Hundred Twenty (120) fill calendar months, commencing on <br />July 1, 2023 and expiring on June A 2033 (the "Term"). <br />Tenant shall have the right to extend the Term for two (2) sixty (60) month periods, in accordance <br />with Section 3.2.2, Standard Lease Provisions, of the Lease. <br />4. Base Rent. Commencing on July I, 2023, Tenant shall pay Base Rent in the <br />following atnounts: <br />L7/1/2023 <br />j-6/30/2024 <br />Annual Base Rent <br />Monthly Installment <br />of Base Rent <br />Annual Rental Rate <br />er RSF <br />$544,852.20 <br />$45,404.35 <br />$2.35 <br />910216.11 <br />
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