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HomeMy WebLinkAbout1982-4661 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 RESOLU`T'ION NO. 82--466 RESOLUTION OF THE CI`T'Y OF SAN BERNARDINO AUTHORIZING THE EXECUTION OF A LEASE WITH TOWN SQUARE, INC., RELATING TO THE LEASE OF 24 PARKING SPACES IN PARKING DISTRICT LOT NO. 2. BE IT RESOLVED BY THE MAYOR AND COMMON COUNCIL OF THE CITY OF. SAN BERNARDINO AS FOLLOWS: SECTION 1. The Mayor of the City of San Bernardino is hereby' authorized and directed to execute on behalf of said City a Lease with Town Square, Inc., relating to the lease of 24 parking spaces in Parking District Lot No. 2, a copy of which is attached hereto, marked Exhibit "I" and incorporated herein by reference as fully as though set forth at length. I HEREBY CERTIFY that the foregoing resolution was duly adopted by the Mayor and Common Council of the City of San Bernardino at a regular meeting thereof, held on the 15th day of November 1982, by the following vote, to wit: AYES: Council Members Castaneda, Reilly, Marks, Ouiel, Hobbs, Strickler NAYS: None ABSENT: None Abstain- Council Ntember Hernandez The foregoing resolution is hereby a of November , 1982. Approved as to form: City Attorney Ov City Clerk yoC gf—tife City i s Ia r4 day San Bernardino 1 2 3 4 5 6 7 8 9 1C 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 L E A S E (Parking District Lot No. 2) THIS LEASE is made and entered into this day of 1982, by and between the CITY OF SAN BERNARDINO, a municipal corporation, referred to as "City", and TOWN SQUARE, INC., a California corporation, referred to as "Lessee". City and Lessee agree as follows: 1. Recitaj. Lessee desires to lease certain parking spaces in the northern most section of Parking District Lot No. 2, generally located on 5th Street east of "E" Street, and City is willing to lease said spaces to Lessee. 2. Leased Property. City agrees to lease 24 parking spacer in the northern most section of Parking District Lot No. 2, general] located on 5th Street east of "E" Street in the City of San Bernardino, more particularly described in the attached Exhibit "A" which is incorporated herein by reference. 3. Term. The term of this lease shall be for a period of thirty years commencing January 1, 1984, or upon completion of the renovation of the building whichever occurs first, with one ten- year option to extend the lease as hereinafter provided. 4. Option to Extend Term. (a) Lessee is given the option to extend the term on all the provisions contained in this lease, except for monthly rent, for a ten-year period following expiration of the initial term, by giving notice of exercise of the option to City at least six months but not more than one year before the expiration of the term. However, if Lessee is in default on the date of giving the option notice, the option notice shall be totally ineffective, or F! 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 if Lessee is in default on the date the extended term is to commence, the extended term shall not commence and this lease shall expire at the end of the initial term. (b) The parties shall have thirty days after City receives the option notice in which to agree on monthly rent during the extended term. If the parties agree on the monthly rent for the extended term during that period, they shall immediately execute an amendment to this lease stating the monthly rent. (c) If the parties are unable to agree on the monthly rent for the extended term within that period, the option notice shall be of no effect and this lease shall expire at the end of the term. Neither party to this lease shall have the right to have a court or other third party set the monthly rent. (d) Lessee shall have no other right to extend the term beyond the specified term. 5. Rent; Termination for Nonpayment. (a) Lessee shall pay to City the sum of $20.00 per space per month in advance on or before the first day of January and the first day of June of each year. The monthly rent for the first year or portion thereof shall be paid on the day the term of this lease commences. Monthly rent for any partial month shall be prorated at the rate of 1/30th of the monthly rent per day. In the event Lessee fails to pay when due any monthly rental, and such default shall continue for 5 days, after notice of default, City may, at its sole option and upon 30 days' notice, terminate this Lease. (b) All rent shall be paid to City at the address to -2- 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 which notices to City are given. (c) The monthly rent shall be subject to adjustment commencing January, 1985, and each year thereafter, based on the Consumer Price Index but in no event shall the lease rate be increased or decreased more than 7% per year nor shall said rate be reduced below the initial rate of $20.00 per month per space. 6. Relocation of Parking. City shall have the right to relocate the parking spaces to any comparable parking facility within 200 feet of the leased spaces. The parties shall immediately execute an amendment to this lease indicating the relocation of the parking spaces. 7. Use - Sublease. Lessee hereby agrees that said property shall be used solely and exclusively for the purpose of providing parking for its business located at 491 West 5th Street, San Bernardino, California, and that any other use by Lessee shall constitute reasonable grounds for termination of this lease. Lessee shall have the right to sublease the leased property for parking purposes to tenants of its business located at 491 West 5th Street, San Bernardino, California; provided that said sublease payments shall riot exceed the monthly cost per space paid to City by Lessee. 8. Maintenance and Security. City shall provide maintenance and security at the same times and in the same manner as with all (other parking areas owned by City and in the same general geographic area. No modifications or material improvements shall be made by Lessee without advance approval of City. 9. Hold Harmless. Lessee shall hold City, its elective and appointive boards, commissions, officers, agents and employees -3- 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 harmless from any liability for damage or claims for damage for personal injury, including death, as well as from claims for property damage which may arise from Lessee's operations under this lease, whether such operations be by Lessee, its officers, employees or tenants, or by one or more persons directly or indirectly employed by or acting as agent for Lessee or by lease or agreement with Lessee. Lessee shall defend City and its elective and appointive boards, commissions, officers, agents and employees from any suits or actions at law or in equity for damages caused, or alleged to have been caused, by reason of any of the aforesaid operations. 10. Liability Insurance. Lessee agrees to procure and maintain in force during the term of this lease and any extension thereof, at its expense, public liability insurance adequate to protect against liability for damage claims through public use of- or for arising out of accidents occurring in or around the leased parking spaces, in a minimum amount of $1,000,000 for injuries in any one accident, and $50,000 for property damage. Such insurance policies shall provide coverage for City's contingent liability on such claims or losses. City shall be named as an additional insured. Lessee shall file with City's Risk Management Division, a division of the City Administrator's office, a certificate of insurance evidencing such insurance. Lessee agrees to obtain a written obligation from the insurers to notify City in writing at least thirty days prior to cancellation or refusal to renew any such policies. 11. Assignment. Except as provided in paragraph 7, Lessee shall not have the right to assign this lease or any portion of -4- 1 2 3 4 5 6 7 8 9 1C 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 the leased property without first having received the written consent of the City. City hereby agrees not to unreasonably withhold said consent. 12. Amendment. This lease may be amended or modified only by written agreement signed by both parties and failure on the part of either party to enforce any provision of this lease shall not be construed as a waiver of the right to complel enforcement of such provision or provisions, nor act to release any surety from its obligations under this lease. 13. Default. The occurrence of any of the following shall constitute a default by Lessee, giving City the right to terminate this lease and Lessee's possession thereunder: (a) Failure to pay rent when due, if the failure continues for five days after notice has been given to Lessee. (b) Failure to perform any other provision of this lease if the failure to perform is not cured within thirty days after notice has been given to Lessee. Notices given under this paragraph shall specify the alleged default and the applicable lease provisions, and shall demand that Lessee perform the provisions of this lease or pay the rent that is in arrears, as the case may be, within the applicable period of time, or quit the premises. No such notice shall be deemed a forfeiture of a termination of this lease unless City so elects in the notice. 14. Validity. If any term, conditions, provisions or covenants of this lease shall to any extent be judged invalid, unenforceable, void, or voidable for any reason whatsoever by a court of competent jurisdiction, each and all remaining terms, -5- 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 conditions, promises and covenants of this lease shall not be affected and shall be valid and enforceable to the fullest extent permitted by law. 15. Notices. All notices required hereunder shall be considered to have been given if delivered in person to the other party or sent by certified mail, postage prepaid, addressed as follows: City Administrator Town Square, Inc. City Hall c/o Arthur Gregory, Jr. 300 North "D" Street P.O. Box 1210 San Bernardino, CA 92418 Redlands, CA 92373 16. Possessory Interest. Lessee recognizes and understands that this lease may create a possessory interest subject to property taxation and that the Lessee may be subject to the payment of property taxes levied on such interest. Lessee agrees to and shall hold harmless the City from any and all liability for any such taxes. 17. Termination. In addition to the provisions of Paragraph 5, this lease may be terminated by either party, with or without cause, upon the giving of six months' notice in writing to the other party, and this lease shall terminate six months after the giving of such notice. IN WITNESS WHEREOF, the parties have executed this lease on the day and year first above written. CITY OF SAN BERNARDIN ATTEST: lli Mayor City Clerk -6- 1 2 3 4 5 6 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 Approved as to form; eilul�y , eju ity Attorney TOWN SQUARE, INC. By Title �o;��v�or�ry Par-�ivo Ds�rrc� �a�lrir�� Lot r>o. 2 -- 4th sree,�- I-� I IT SCALE / /00'