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<br />'INSURAN~E NOT ON FILE <br />WORK MAY NOT PROCEED <br />CLERK OF COUNCIL <br />DATE: 1..;21-0'1 <br /> <br />C .' ;:J,ees <br />(;e. tJllll ) <br /> <br />A-2004-138 <br /> <br />LAND LEASE AGREEMENT BETWEEN <br />THE CITY OF SANTA ANA AND SPRINT PCS ASSETS, LLC for <br />ADAMS Park OG60XC661B <br /> <br />This Agreement, made this & iA- day of ;]i{1~ ,2004 between the City of Santa Ana, a charter city <br />and municipal corporation organized and existing under e ConslltutlOn and laws of the State of Caltfomla <br />hereinafter designated "LESSOR" and Sprint PCS Assets, L.L.c., a Delaware limited liability company, hereinafter <br />designated "LESSEE". The LESSOR and LESSEE are at times collectively referred to hereinafter as the "Parties". <br /> <br />L PREMISES. LESSOR hereby leases to LESSEE a portion of that certain parcel of property (the <br />entirety of LESSOR's property is referred to hereinafter as "the Property" and a legal description of the Property is <br />attached hereto as Exhibit "A"), located at 2302 South Raitt, Santa Ana CA, and being described as a 26' by 22' parcel <br />cOnJaining 572 square feet and space required for cable runs to connect LESSEE's equipment and antennas, as shown <br />on the Tax Map of the City of Santa Ana as the Kuffel and Fletcher Tract and being further described in Deed Book <br />19.t Page 48 as recorded in the Miscellaneous records of Los Angeles County, together with the non-exclusive right for <br />ingress and egress, seven (7) days a week, twenty-four (24) hours a day, subject to any restrictions stated herein, on foot <br />or motor vehicle, including trucks, and for the installation and maintenance of utility wires, poles, cables, conduits, and <br />pipes over, under, or along a five (5') foot wide right-of-way extending from the nearest public right-of-way, to the <br />demised premises, said demised premises and right-of-way (hereinafter collectively referred to as the "Premises") for <br />access being substantially as described herein in Exhibit "B" attached hereto and made a part hereof. <br /> <br />In the event any public utility is unable to use the aforementioned right-of-way, the LESSOR hereby agrees to <br />grant an alternative right-of-way either to the LESSEE or to the public utility, subject to LESSOR'S approval of location <br />and' size of said alternative right-of-way, at no cost to the LESSEE. <br /> <br />2. SURVEY. LESSOR also hereby grants to LESSEE the right to survey the Property and the <br />Premises, and said survey along with detailed site plans shall then become Exhibit "B" which shall be attached hereto <br />and made a part hereof, and shall control in the event of boundary and access discrepancies between it and Exhibit "A". <br />Costs incurred for such work shall be borne by the LESSEE. <br /> <br />" 3. TERM. This Agreement shall be effective as of the date of execution by both parties. provided, <br />however, the initial term shall be for ten (10) years 8lId shall commence on the Commencement Date (defined below). <br /> <br />4. RENT. After the Commencement Date, rental payments will be due in an annual rental amount of <br />twenty four thousand $(24,000.00) to be paid in equal monthly installments of two thousand per month on the first <br />day of the month, in advance, to LESSOR or to such other person, firm or place as the LESSOR may, from time to <br />time, designate in writing at least thirty (30) days in advance of any rental payment date. Rent shall be abated until <br />30 days after the issuance of a building permit or until two (2) months after the date of execution of this Agreement, <br />whichever occurs first ("Commencement Date"). If rent is not paid within fifteen (15) days after the due date, <br />LESSEE agrees to pay a late charge equal to 6% of the then-current monthly rent <br /> <br />5. ANNUAL RENTAL INCREASES. The rent payments shall be subject to an annual rental <br />increase of 3% per year, to be increased on each anniversary of the Commencement Date. <br /> <br />6. DEPOSIT. In recognition that the Commencement Date may not occur concurrent with the <br />exetution of this Agreement by all parties, the LESSEE hereby agrees to pay to the LESSOR upon execution of this <br />Agreement, a one-time, non-recurring, non-refundable payment equal to one month's rent. <br /> <br />7. EXTENSIONS. LESSEE is granted options to extend this Agreement for up to three (3) additional <br />five-year (5) terms unless the LESSEE terminates at the end of the then-current term by giving the LESSOR written <br />notice of the intent to tenninate at least four (4) months prior to the end of the then-current term. After expiration of the <br />original term, LESSOR reserves the right to deny any such extension, no less than six (6) months before the extended <br /> <br />d!J <br />