NEWPORT ASSET MANAGEMENT GROUP, LLC. 1 - 2015

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N-2015-138 114SURANCE NOT REQUIRED WORN MAV PROCEED r CLERK OF COUNM LEASE AGREEMENT DATE. X26 - I s BETWEEN NEWPORT ASSET MANAGEMENT GROUP, LLC AND THE CITY OF SANTA ANA THIS AGREEMENT ("Agreement") is made and entered into this I" day of July, 2015, by and between Newport Asset Management Group, LLC herein referred to as "Landlord," and the City of Santa Ana, a charter city and municipal corporation, duly organized and exiting under the constitution and taws of the State of California, herein referred to as "Tenant." The parties hereto agree as follows: ARTICLE I — TERM OF LEASE SectionI.01 Premises and Use (a) Landlord owns the real property known as 1780 East McFadden Avenue, Santa Ana, California. Landlord hereby rents to Tenant for its sole use the area designated as Suite 014A (the "Premises") for Tenant's business purpose of running a Santa Ana Police Department Substation. (b) Landlord has agreed to make modifications to the Premises consisting of an exterior door and walls to split the unit into two separate spaces to be shared by the building management company and the Santa Ana Police Department Substation, and shall install electronic combination locks on the exterior door and interior door of the Premises. Tenant will not be responsible for any costs associated with these modifications. Tenant understands it shall share the restroom and coffee bar area with the building management company. (c) Landlord agrees to provide one (1) designated parking spot labeled "Santa Ana Police Department Parking Only" or something similar, as mutually agreed upon by Landlordand Tenant directly in front of the Premises for use by the Tenant. (d) Tenant hereby accepts the Premises in their condition existing as of the Commencement Date of this Agreement. (e) Any signage improvements or construction Tenant intends to make upon the Premises after the Commencement Date of this Agreement is subject to prior approval of the Landlord. Notwithstanding anything to the contrary contained herein, Landlord shall have the right to place its standard tenant identification signage on the suite entry door reading "Santa Ana Police Department Substation" in a design and format mutually agreeable to both parties. (f) Upon the expiration or termination of this Agreement, Tenant shall surrender the Premises to Landlord in good and clean condition, less ordinary wear and tear.