My WebLink
|
Help
|
About
|
Sign Out
Browse
Search
AgdaPkt 2018-06-11 Closed and Joint SA PFA
RedwoodCity
>
City Clerk
>
Agenda Packets
>
2010-2019
>
2018
>
AgdaPkt 2018-06-11 Closed and Joint SA PFA
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
6/13/2018 4:05:50 PM
Creation date
6/7/2018 6:21:34 PM
Metadata
Fields
Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
6/11/2018
Jump to thumbnail
< previous set
next set >
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
689
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
6.1.F. - Page 54 <br />(4) Exercise any other right or remedy which Lessor may have at law or equity. <br />(e) Determination of Rental Value <br />If rent under this Lease is calculated as a percentage of Lessee's income attributable to the Lease Premises <br />and Lessee abandons the Lease Premises during some or all of the applicable period, then the reasonable rental value <br />shall be the percentage of proceeds Lessor would have received had Lessee operated the Lease Premises in the usual <br />and customary manner. <br />(f) Waiver of Rights <br />The failure or delay of either party to exercise any right or remedy shall not be construed as a waiver of such right <br />or remedy or any Breach by the other party. Lessor's acceptance of any rent shall not be considered a waiver of any <br />preexisting Breach by Lessee other than the failure to pay the particular rent accepted regardless of Lessor's knowledge <br />of the preexisting Breach at the time rent is accepted. <br />13. RESTORATION OF LEASE PREMISES AND ENVIRONMENTAL MATTERS <br />(a) Restoration of Lease Premises <br />(1) Upon expiration or sooner termination of this Lease, Lessee must immediately surrender possession of the Lease <br />Premises to Lessor. Prior to the time of surrender, Lessee must remove all or any Improvements together with the <br />debris and all parts of any such Improvements at its sole expense and risk, regardless of whether Lessee actually <br />constructed or placed the Improvements on the Lease Premises; or Lessor, at its sole and absolute discretion, may <br />itself remove or have removed all or any portion of such Improvements at Lessee's sole expense. Lessor may waive <br />all or any part of this obligation in its sole discretion if doing so is in the best interests of the State. <br />(2) As a separate and related obligation, Lessee shall restore the Lease Premises as nearly as possible to the conditions <br />existing prior to the installation or construction of any Improvements. For purposes of this Lease, restoration includes <br />removal of any landscaping; removal of any Hazardous Materials; and to the extent possible, undoing any grading, <br />fill, excavation, or similar alterations of the natural features of the Lease Premises. Lessor may waive all or any part <br />of this obligation in its sole and absolute discretion. <br />(3) Unless otherwise provided for in this Lease, Lessee shall submit to Lessor no later than one (1) year prior to the <br />expiration of this Lease either: (a) an application and minimum expense deposit for a new lease for the continued use <br />of the Lease Premises, or (b) a plan for the restoration of the Lease Premises to be completed prior to the expiration <br />of the lease term together with a timeline for obtaining all necessary permits and conducting the work prior to the <br />expiration of this Lease. <br />(4) In removing any or all Improvements, or conducting any restoration work, Lessee shall be required to obtain any <br />permits or other governmental approvals as may then be required by any Regulatory Agency, including, without <br />limitation, any Environmental Law. <br />(5) Lessor may, upon written notice, in its sole and absolute discretion, accept title to any or all Improvements at the <br />termination of this Lease. Lessor shall notify Lessee that Lessor intends to take title to any or all Improvements <br />within six (6) months of Lessee submitting a plan for restoration under Paragraph 13(a)(3)(b) above. If Lessor elects <br />to take title to any such Improvements, Lessee shall deliver to Lessor such documentation as may be necessary to <br />convey title to such Improvements to Lessor free and clear of any liens, mortgages, loans, or any other encumbrances. <br />Lessor shall not pay, and Lessee shall not be entitled to compensation for Lessor's taking title to such property. <br />(b) Environmental Matters <br />(1) Lessee's Obligations: <br />(i) Lessee will not use, occupy, or permit any portion of the Lease Premises to be used or occupied in violation of any <br />Environmental Law. Lessee shall not manufacture or generate or store Hazardous Material on the Lease Premises <br />unless specifically authorized under other terms of this Lease. <br />(ii) Lessee shall practice conservation of water, energy, and other natural resources. <br />Form51.16 (Rev. 10/14) <br />ATTY/AGR/2018.121/REDWOOD CITY LEASE AGREEMENT— EXHIBIT G -MAPLE STREET <br />REV: 06-07-18 VR <br />Page 13 of 17 <br />
The URL can be used to link to this page
Your browser does not support the video tag.