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HomeMy WebLinkAboutReso 94-063 - Approve entering into a 5 yr lease dated 03/01/94 between COR & Ronald G Mygrant Et al covering premises at 1500 & 1550 California St RESOLUTION NO. 94-Z,03 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING APPROVING ENTERING INTO A FIVE-YEAR LEASE DATED MARCH 1, 1994, BETWEEN THE CITY AND RONALD G. MYGRANT, ET AL. , COVERING THE PREMISES AT 1500 AND 1550 CALIFORNIA STREET. IT IS HEREBY RESOLVED that the City Council of the City of Redding hereby approves entering into the above-mentioned Lease effective March 1 , 1994 , a true copy of which is attached hereto and incorporated herein by reference. BE IT FURTHER RESOLVED that the Mayor of the City of Redding is hereby authorized and directed to sign said Lease on behalf of the City; and the City Clerk is hereby authorized and directed to attest the signature of the Mayor and to impress the official seal of the City of Redding thereto. I HEREBY CERTIFY that the foregoing Resolution was introduced and read at a regular meeting of the City Council of the City of Redding on the 15th day of March , 1994, and was duly adopted at said meeting by the following vote: AYES: COUNCIL MEMBERS: Anderson, Kehoe, Moss and Arness NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: Dahl ABSTAIN: COUNCIL MEMBERS: None 6 CARL ARNESS, Mayor City of Redding ATTEST: FORM APPROVED: r2K— CONNIE STROHMAYER, ity Clerk RANDALL A. HAYS, City Attorney f LEASE f THIS LEASE is made this 1st day of March, 1994, by and between Ronald G. Mygrant, Margaret A. Mygrant, Charles R. ! Chain, Ellen G. Chain, Trustees of the Chain Family Revocable Living Trust dated June 17, 1979: 4 Links, Inc. Retirement Trust, a California Corporation, James J. Bauman, D. Jeanne Bauman, Trustees for the Bauman Family Revocable Trust, and Bauman Realty, Inc. , a California Corporation, hereinafter referred to as "Lessor" , and the CITY OF REDDING UTILITIES, hereinafter referred to as "Lessee" . Lessor hereby lets to Lessee and Lessee hereby hires from Lessor, upon. the terms and conditions hereinafter set forth, those certain premises which are identified as Suite 1 and Suite 2a in Exhibit "C" , and which are fully described in Exhibit "A-1" and Exhibit "A-2" attached hereto. The premises consists of 5600 feet of floor space, together with 5600 square feet of space in the basement located under Suite 1 and 2a as shown in Exhibit "C" in the building, at 1550 California Street, Redding, Shasta County, California. Also, 2644 square feet of office space located at 1500 California Street, Redding, Shasta County, California, as outlined in Exhibit "D" . 1. TERM (A) The term of this lease shall be for five (5) years from March 1, 1994, to February 28th, 1999. (B) Lessee has the right to terminate this lease at the end of three (3) years with a six (6) month advance notice given to the Lessors. 2. RENTAL Lessee shall pay to Lessor a monthly rental in the amounts as follows: The rent beginning March 1st, 1994 shall be $6983.00 (Sixty-Nine Hundred-Eighty-Three) , including utilities. On July 1st, 1994, the rent increases to $7483.00 (Seventy-Four Hundred-Eighty-Three) , and on July 1st, 1995 increases to $7983.00 (Seventy-Nine-Eighty- Three) , and remains that amount including utilities, until the end of the lease term. 3. PAYMENT OF RENT Lessee agrees to pay the rent as set forth in paragraph 2 to the Lessors, on the first of each month commencing on March 1st, 1994, and continuing on the first day of each succeeding month for the term of the lease, and free of any and all claims and demands against the Lessors of any kind or character. 4 . USES The Lessee agrees not to replace the original business to be placed in the let premises with any substantially different type or types of business without the written consent of the Lessor; except Lessor will not object to any department of the City of Redding occupying the premises. The basement space consisting of 5600 square feet is to be used for storage purposes only. Lessee shall not make use of premises that will cause the premises to be uninsurable. 5. PARKING Lessee shall have the exclusive right to use sixteen ( 16) of the parking spaces in the area described in Exhibit "B" which arelocated at the south end of the building and five (5) spaces in the area as depicted in Exhibit "D" . Any 2 enforcement problems relating to the exclusive use of these twenty-one (21) spaces shall be the responsibility of the Lessee. r 6. CONFORMANCE TO LAW The Lessee, in conducting business upon the premises, shall comply with and conform to all laws, ordinances and regulations governing the conduct of the business. 7. INSPECTION The Lessor, or their agent, shall have the right during normal business hours during the existence of this lease to enter into any part of the leased premises to ascertain its condition, and to do any act or thing required by Lessee to be done in respect to which it may be in default, and for any other purpose incident to the rights of Lessors. 8. SUITABILITY By entry into possession of the premises hereunder, the Lessee acknowledges that the premises and every part thereof, with the addition of the agreed upon improvements, are suitable for their purposes, and that on the last day of the term or upon other sooner termination of this lease, the Lessee shall peaceably and quietly leave, surrender and yield up to Lessor all of the leased premises, with the appurtenances and fixtures in good order and condition and repair, reasonable use and wear thereof and damage by acts of God or the elements excepted. 9. ABANDONMENT Lessee shall not vacate or abandon the premises at any time during the lease term; and if Lessee shall abandon, 3 vacate or surrender the premises, any personal property belonging to Lessee and left on the premises shall be deemed to be abandoned, at the option of Lessor. 10. REPAIRS (A) Lessee' s Responsibilities: Lessee shall keep and maintain in good order, condition, and repair, except for reasonable use and wear, the premises and every part thereof, including fixtures, interior walls, floor, ceiling, signs, and interior appliances and similar equipment and all doors, windows, plate glass, except for the heating and air conditioning units which shall be the responsibility of Lessor. (B) Lessor' s Responsibilities: Lessor shall be responsible for maintenance of the exterior of the building, the roof, the parking lot, and the heating and air conditioning units. 11. UTILITIES Utilities for the Lessee' s use shall be paid for by the Lessor except Lessee shall be responsible for the separate water meter in the parking lot. 12 . INDEMNIFICATION OF LESSORS The Lessors shall not be liable for any destruction of or any injury to any goods, wares, merchandise, furniture, property or effects in or upon the leased premises by reason of damage caused by gas, sewage, defective electric wires, gas pipes, refrigeration pipes, tanks, drains, or fire, or for any injury to any person or persons in or about the leased premises during the term of this lease, nor shall the Lessors, their successors or assigns be liable for any injury to the property or to the Lessee for causes mentioned 4 herein, or to its patrons or to third persons, during the occupancy by reason of the occupation and enjoyment of the premises by the Lessee, except as to those losses incurred by the negligence of Lessor, its agents, servants, and employees. 13. INSURANCE j (A) Lessor acknowledges and Lessee warrants that Lessee is self-insured for bodily injury and property damage. (B) The Lessor shall maintain a policy of fire insurance at its sole cost and expense. 14 . HOLDING LESSORS HARMLESS The Lessee agrees during the full term of this lease to indemnify and save the Lessors harmless from any and all liability whatever for damages to persons or property, including death, resulting from the use of the premises, or any activity or operation conducted thereon by Lessee or its agents or employees. Lessee shall not be required to indemnify nor hold harmless Lessor from any claims or causes of action for injuries or damages, if such injuries or damages may be attributed to the negligence or willfullness i of lessor. 15. FREE FROM LIENS The Lessee agrees to keep the leased premises free from all liens and encumbrances including mechanics' liens and the Lessors shall have the right to enter the premises during normal business hours for the purpose of posting any notices of nonresponsibility that they desire. 5 I 16. EMINENT DOMAIN In the event proceedings in eminent domain are instituted to condemn the premises, or in the event that the f premises are purchased by a public agency for public use, this lease shall be forth with terminated and cancelled and both parties relieved from further liability hereunder. Any unused rental shall be returned to the Lessee and the Lessee shall be entitled to any compensation awarded for merchandise, fixtures, and other property owned by it. 17 . REMOVAL OF PERSONAL PROPERTY Upon termination of this lease, the Lessee shall have the right to remove any personal property which it may have installed and which is unattached. Trade fixtures used by the Lessee shall be handled pursuant to Paragraph 18. All floors, walls and ceilings of the premises shall be restored by Lessee so that the removal of personal property will not damage or deteriorate the Lessor' s premises, reasonable wear and tear excepted. 18. TRADE FIXTURES Subject to the provisions of Paragraph 17 of this lease, the Lessee shall have the right to install trade fixtures in the leased premises so long as these fixtures do not damage or injure the premises. On the termination of this lease, or any renewed term, the Lessee shall be entitled to remove any trade fixtures which have been installed to the walls, ceiling and/or floor provided Lessee agrees to restore the premises to their original condition after removal of the trade fixtures. Any free standing trade fixtures such as racks, unattached counters, and other such trade fixtures may be removed by the Lessee provided 6 that the Lessee restores the premises to its original condition after removal. 19. NON-WAIVER OF DEFAULT If the Lessee should default as to any of the conditions; or covenants, or agreements herein contained and the Lessors, having knowledge of such breach, should not take advantage of the same, such failure on their part shall not be construed as a waiver of such conditions, covenants or agreements, and the right of termination shall remain in full force and effect unless expressly waived in writing. i 20. HOLDING OVER AFTER TERM In the event the Lessee occupies the premises from and after the term of this lease, such occupancy shall be deemed a month-to-month tenancy and on the same terms and conditions as set forth herein, except the monthly rental shall be increased five percent (5%) during the first year of the hold over and an additional five percent (5%) per month for each additional year the tenant holds over. 21. ATTORNEY'S FEES Should either party hereto be compelled to resort to legal action to enforce their rights hereunder, the prevailing l action shall p g art p y in such legal g be awarded reasonable attorney' s fees in such action as may be determined by the Court. 22. LOSS BY FIRE In the event the premises are destroyed or are damaged by fire or other perils to render the same untenantable, at Lessors ' option the premises shall be restored with all 7 i reasonable speed by Lessors, and Lessee shall pay a reasonable rent during the period of restoration for such part of the premises as are fit for occupancy, notwithstanding anything herein to the contrary, if the repairs cannot be made in sixty (60) working days, the lease may be terminated at the option of either party. 23. ASSIGNMENT AND SUBLEASING This lease, or any interest herein, shall not be assigned, nor sublet, nor subleased, nor underlet by Lessee or any part hereof without the written consent of the Lessor first hand and obtained, except Lessee may assign the Lease, or any interest under it, to any other department within the City of Redding. 24 . ENTIRE AGREEMENT This lease, including Exhibit "A-1" , Exhibit "A-2" , Exhibit "B" , Exhibit "C" and Exhibit "D" , contains the entire agreement between the parties as to the premises. All previous and collateral to agreements, representations, promises and conditions relating the subject matter of this lease are superseded by this lease. Any representation, promise or condition not incorporated in this lease shall not be binding on Lessor and any condition not incorporated in this lease shall not be binding on Lessor or Lessee. 25. SUBORDINATION Lessee agrees that this lease shall be subordinate to any purchase money mortgages or purchase money deeds of trust in the nature of mortgages in which TCB Real Estate Corporation is named as the mortgagee or beneficiary that may hereafter be placed upon the premises, to any and all advances made or to be made under them, to the interest on 8 all obligations secured by them, and to all renewals, replacements, and extensions of them. If the mortgagee or beneficiary elects to have this lease superior to its mortgage or deed of trust and gives notice of its election to Lessee, then this lease shall be superior to the lien of any such mortgage or deed of trust, whether this lease is dated or recorded before or after the mortgage or deed of trust. 26. RIGHT OF FIRST REFUSAL The City of Redding Utilities will have the right of first refusal on 1530 California Street (Police Unit) , if or when it becomes vacant. 27. BINDING ON SUCCESSORS The provisions and conditions of this lease shall be binding upon and inure to the benefit of the heirs, executors, administrators, personal representatives, successors, and assigns of the parties hereto. IN WITNESS WHEREOF, the parties hereto and their duly- authorized signatories have hereunto executed this Lease, to be effective March 1, 1994. RONALD G. MYGRANT MARGARET A. MYGR.ANT CHAIN FAMILY REVOCABLE LIVING TRUST DATED 6/17/79 By: By: CHARLES R. CHAIN, Trustee ELLEN G. CHAIN, Trustee 9 i SIGNATURES TO LEASE DATED MARCH 1, 1994, OF 1500 AND 1550 CALIFORNIA STREET, CONTINUED: 4 LINKS, INC. RETIREMENT TRUST A California Corporation By: CHARLES R. CHAIN, President BAUMAN FAMILY REVOCABLE TRUST BAUMAN REALTY, INC. By: By: JAMES J. BAUMAN JAMES J. BAUMAN CITY OF REDDING By: CARL ARNESS, Mayor ATTEST: CONNIE STROHMAYER, City Clerk APPROVED: RANDALL A. HAYS, City Attorney 10 I I t 7 r�� V � •I �•II 1 1� z cl Or N dl •' _ N.V ' 1 ``J Iv 0 it r • V11 eft ,p�:_'_ .~'_' •0;:1'_"'` �•N�•, yc+��l �o��� ;0:•1• ��� �.r�l lk Q r i.i a• >I 17 ri 4 I • 2� .s 3 �I ni li i = n .� ' w tk d I d t - - — c1 � Z Cj 3tj rE qqI(f Ll l :4 I �' N � , \V u, r�•t � y v n.r ttl 1, tw.�b t �, .. •.r-.- � `'� _ to o' ro 6,.tnawr t r.Sur Y. 1 "U/ (OFFICE OR RE rf 3- PARKING r. % �t�1 �_ �t 5 • PARKINGr— • I NOTE: Sums d•ston for `sab"EIS CALIFORNIA STREET Custom OAstoni s LOCAI 1400.15.10 Ca Ac 1033 from Ole •Y . ' „� �' • , 3,000 to 10,000 square feet available for your omca custom designed office suites. I- Ilnonclut and and good ruh t • Estimated rent to be $.65 to $.85 per square t foot, depending on Improvements desired. FEATL �� 'a ''••.. 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