Loading...
HomeMy WebLinkAbout1996-191 r~ 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 15.06-051 06/10/96 RESOLUfION NO. 96-191 RESOLUfION OF TIlE CITY OF SAN BERNARDINO AUTIIORIZING TIlE EXECUfION OF A FIRST AMENDMENT TO LEASE WIlli TIlE AYALA FAMILY, RELATING TO TIIAT CER- TAIN REAL PROPERTY SITUATED AT 1505 NORlli WATERMAN AVENUE, IN SAN BERNARDI- NO. BE IT RESOLVED BY TIlE MAYOR AND CQMI.KlN COUNCIL OF TIlE CITY OF SAN BERNARDINO AS FOLLOWS: SECfION 1. The Mayor of the Ci ty of San Bernardino is hereby au- thorized and directed to execute on behalf of said City, a First Amendment to Lease with the Ayala family, relating to that certain real property located at 1505 North Waterman Avenue, a copy of which is attached hereto marked Exhibit "A" and incorporated herein by reference as fully as though set forth at length. SECfION 2. The authorization to execute the above-referenced agreement is rescinded if the parties to the agreement fail to execute it within sixty (60) days of the passage of this resolution. / / / / / / / / / / / / / / / / / / / / / / / / / / / / 1 RES 96-191 n 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 15.06-051 06/10/96 FIRST AMENDMENT TO LEASE: 1505 NORTH WATERMAN AVENUE - AYALA FAMILY I HEREBY CERTIFY that the foregoing resolution was duly adopted by regular the Mayor and Common Council of the City of San Bernardino at a meeting thereof held on the 1st day of 1996, by the following vote, to-wit: COUNCIL MEMBERS: AYES NAYS ABSTAIN NIDRETE CURLIN x ARIAS x OBERHELMAN x DEVLIN x ANDERSON x MILLER x Julv ABSENT x ~-Cit~ The foregoing resolution is hereby approved this of July , 1996. ~1 )1{tt~ MINOR, Mayor City of San Bernardino Approved as to form and legal content: JAMES F. PENMAN, City Attorney t '/ By: z-~ '1. {~ (J 2 511.. day RES 96-191 ... 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 15.06-051 06/10/96 96-191 FIRST AMENDMENT TO LEASE ROSEMEAD INSURANCE AGENCY (AYALA FAMILY LEASE) - 1505 NORTIf WATERMAN AVENUE TIfIS FIRST AMENDMENT TO LEASE is made and entered into at /.11" ,Ill I", I 1/ 1/ Bernardino, California, this;J day of ~.. ~jif .j ,I J by and between the CITY OF SAN BERNARDINO, a municipal corporation, San , 1996, here in- after called "City" , and SALVADOR AYALA, SALVADOR AYALA, JR., MARIA C. AYALA, MARIA E. AYALA, FRANK HALSTEAD, BLANCA O. LOPEZ and CARLOS E. LOPEZ, dba ROSEMEAD INSURANCE AGENCY, hereinafter called "Lessee". WIT N E SSE T H: WHEREAS, City and Lessee entered into a Lease Agreement with Option to Purchase on March 20, 1996, granting to Lessee the use of the City-owned property located at 1505 North Waterman Avenue, San Bernardino; and WHEREAS, City and Lessee desire to amend said Lease to provide for an extension of free rent to and including November 30, 1996; NOW, THEREFORE, it is mutually agreed between the parties as follows: 1. Paragraph 4 of that Lease Agreement between the parties here- to dated March 20, 1996, is hereby amended to read: t14. Lease Payments/Option to Purchase. Lessee agrees to pay, and Lessor agrees to accept as lease payments for said Premises, a monthly rental of One Thousand Five Hundred Dollars ($1,500). Said total monthly rental is to be paid on or before the first day of each month, made payable to the Lessor, and sent to: Ci ty of San Bernardino Real Property Section 300 North "0" Street, 3rd Floor San Bernardino, CA 92418 The Lease payments of One Thousand Five Hundred Dollars ($1,500) per month shall not commence until the first day of December, 1996. Each month, Five Hundred Dollars ($500) of the total monthly lease payment of One Thousand 1 ~ RES 96-191 ..-" 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 15.06-051 06/10/96 LEASE AMENDMENT: ROSEMEAD INSURANCE AGENCY (AYALA FAMILY LEASE) 1505 NORTII WATERMAN AVENUE Five Hundred Dollars ($1,500) shall be set aside to be credited towards the down payment for the purchase of said Premises. Said Five Hundred Dollars ($500) credit shall extend to the end of the two (2) year Option to Purchase the Premises, with a maximum total credit of Eight Thousand Dollars ($8,000) accruing towards the purchase of said Premises. In the event Lessee does not exercise said Option to Purchase the Premises within the two year option period, the Eight Thousand Dollars ($8,000) shall be considered a portion of the Lease payments and shall not accrue to the benefit of the Lessee. In the event the Lessee does exercise the Option to Purchase, the Five Thousand Dollar ($5,000) deposit made at the commencement of the Lease shall also be credited to the purchase of the Premises as long as all lease payments are current and the Lessee is in good standing with the Lessor. If the Lessee does not exercise said Option to Purchase, the Five Thousand Dollar ($5,000) shall be considered a security deposit for the Lease and shall not be re- funded, but may be used by Lessee for regular lease payments at the end of the two (2) year option term." 3. All other terms, conditions and covenants of said Lease shall remain the same and be in full force and effect. / / / / / / / / / / / / / / / / / / / / 2 RES 96-191 . , . 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 15.06-051 06/10/96 LEASE AMENDMENT: ROSEMEAD INSURANCE AGENCY (AYALA FAMILY LEASE) 1505 NORTH WATERMAN AVENUE IN WITNESS WHEREOF, the parties hereto have executed this First Amendment to Lease on the date first hereinabove written. LESSOR: CITY OF SAN BERNARDINO 41-()C&, DATED: - fjl,., 'I (t ( o ~l//1(L4~_ MINOR, Mayor AITEST: ~~C~ LESSEE: ROSEMEAD INSURANCE AGENCY 'i./ DATED: 50705}::; ::. AOOR A~ 'dQj,'1'J" Q G;o1~ fJko~_ cR ~ SALVAOOR AYALA - f MARbALA' g~ / B~O~Z ~ t,'ks. Lo,r-""/ CARLOS E. LOPEZ Approved as to form and legal content: JAMES F. PENMAN City Attorney }. ,) 3