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3:42PM PACIFIC FSQ NO. 0037 P, 3 Outlease Agreement Facility Namell .ocation REDW(IOD CITY - DOWNTOWN STATION (056378-001) 855 JBFÆRSON A VB REDWOOD CITY, CA 94062-9998 SAN MATEO COUNTY Pro'cct; F92941 1. THIS -~ASE, by and between the UNITED STATES POSTAL SERVICE, hereinafter called Lessor. and Redwood Ci ty Recl. Agency, hereinafter called the lessee, whose address is 10.17 Middlefield Road Redwood City CA 9406:,-1993, to use and occupy the property hereinafter described under the terms and subject to the conditions contained herein, 2. The Lt !ssor hereby leases to the Lessee the following described premises: Real ploperty located in the City of Rcdwood City, County of San Maleo, State of California, known 8$ 855 Jefferson Avenue, Redwood City, CA, APN 053-131-190. as further desc.::-ì.bed Ú1 Exhibit A attached hereto. to be used exclusively for the following purpose(s): Lessee will demolish, renovate and maintain portions of perimeter of the post office fOf redevelopment of the downtown area per Exhibi~ B & C. 3. TO HP VE AND TO HOLD the premises with their appurtenances for the following term: FIXEr TERM: The term beginning ~~, 2005 and ending~~E~l 2010 for a total of 5 year (s) ./wi th automatic l2 ~g.rth extensions thereaffer ' 4. The Pc 'stal Service may terminate this Agreement at any time by giving 180 days prior written notice to the Lessee. 5. The Le ssee shall pay the Lessor an annual rent of In li,~~ of payment. the lassee will maintain the area in an acceptable manner after the d'~mol1tion and renovat1oq in accordance with the attached exhibits. 6, The Le~isor shall furnish the Lessee with services and utilities as follows: City ~i.ll furnish the utilities for all of the areas in the Post Office Pageo that they ~ill be maintaining. Demolition and Renovation will be in accordance with Exhibjts Band C. The area outleased is as indicated on the Preliminary Design of the "Post Office Pageo - Redwood City, CA" by Ron Benoit Associates Landscape Architects dated 12/9/04 (Exhibit C,) . . If the heating or air conditioning services are provided under this lease, th~ Lessor agrees to maintain temperatures in the demis8c premises in accordance with current Postal Service standards for postal buildings. In the event of a fuel shortage or change in applicable law or regulation where the Lessor is required to cut back or curtail fuel consumption, the Lessee ¡ 19rees to accept heating or air conditioning at whatever levalls available. 7. Lessee has inspected and knows the condition of the leased premises and agrees to accept same in its 'as is' condition. 11 IS further understood that the leased premises are hereby lea~ed to Lessee wlth~ut any obligation on. ~e part ofL~ss(1I" to make any add.itions. imnrovements or alterations thereto.Wl th the exce9tlon of the rol.üng securlty gate for the sum or $10,000. outside of exhibits A. B & C 8. Lessee: ¡hall not make any additions, Improvements, repairs, or alterations to the leased premises \without the prior written consnnt of Lessor in each and every instance. If this provision is violated, Lessee is liable for the cost of removal and resto~ti jn, plus applicable administrative cost. 9. TheLes e~hall, except as otherwise specified herein and except for damages resulting from the act or negligence of the LesscJr Its agents or employees, maintain in good repair and tenantable condition the demised premises, REOUTLSE (May 1 ~99, v2.2) 1 r