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, , ~SEP,9 ~:)D5 3:42PM PACIFIC FSQ NO. 0037 p, 3 ijj;!!JJf UNITED STilTES ~ ÞOSnu. SERVICE. Outlease Agreement FaCIlity NBmeilocalion RBDW(IOD CITY - DOWNTOWN STATION (056378-001) 8SS .JBf::ERSON A VB REDWOOD CITY, CA 94062.9998 SAN MATEO COUNTY Project F92941 1. THIS - EASE, by and between the UNITED STATES POSTAL SERVICE, hereinafter called Lessor, and Redwood City Red, Agency, hereinafter called the lessee. whose address is 10.17 Middlefield Rc;;ad Redwood City CA 9406>1993, to use and occupy the property hereinafterdesclibed under the terms and subject to the condiUons contained herein, . <" .. . 2. The LI ~ssor hereby leases to the Lessee the following described ,premises: Real pI operty located in the City of Redwood City, County of San Mateo, State of California, known 8$ 8SS Jefferson Avenue, Redwood City, CA, APN 053-131-l90.a,s further desc:;;-ibed in Exhibit A attached hereto. to be used exclusIvely for the following purpose(s): Lessee will demolish, renovate and maintain portions of perimeter of the PQst office fOf redcvelopm~l\t of the downtown area per ExhibitsXK, B &. C. 3. TO Hfl VE AND TO HOLD the premises with their appurtenances for the following term: FIXE!: TERM: The term beginning ¡u~, 2005 and ending ~~BJl 2010 for a total of 5 year(s) '/with automatic l2 :gxth extensions thereafter' 4. The Pc.stal SelVice may terminate this Agreement at any time by giving 180 days prior written notice to the Lessee. 5. The lessee shall pay the Lessor an annual rent of In lieu of payment, the lessee will maintain the area in an acceptable manner after it performs the demolition and renovation in accordance with the attached exhibits. Throughout the demolition and renovation work, and throughout the Lease term and any extension thereof, the Lessee shall comply with all applicable federal laws and regulations, inclnding but not limited to, Davis-Bacon and requirements for payment and performa~ce bonds (naming the Lessor as co-obligee on such bonds). The Lessee shall not permit any lien, charge or liability of any'kind whatsoever to attach against the premises or the Lessee's leasehold interest therein. Throughout the demolition and renovation, and throughout the term of the lease and any extension thereof, the Lessee shall, at its sole cost and expense, maintain the leased premises in an acceptable condition and manner. 6. Ihe Le~ìsor shall furnish the Lessee with services and utilities as follows: City ~Ül furnish the utilities for all of the areas in the Post Office paseo that they" l.ll be mQ,intaining. Demolition Q,l\d Renovation will be in acco:t'dance with Exhibi ts Band C. The area outleased is' as indicated on the Preliminary Design of the "Post. Office Pas eo - Redwood City, CAn by Ron Benoit Associates Landscape Architects dated 12/9/04 {Exhibit (JJ . If the heating or air conditioning services are provided under this lease. the Lessor agrees to maintain temperawres in the demisec premises in accordance with current Postal Service standards for postal buildings. In the event of a fuel shortage or change in applioable law or regulation where the Lessor is required to cut back or curtail fuel (:Onsumption. the Le!iSee ¡ 19rees tQ accept heating or air conditioning at whatever level Is available. 7. Lessee has inspecled and knows the condition of the teased premises and agrees to accept same in its 'as is' condition. 11 IS further understood that the teased premises are hereby leased to Lessee wlth~ut any obUgation ~ Ute partofLes$(lrtomakeanyadditions.Împrovementsoralterationstheram. with the exce.ptlon of the rolhng secvrity gate for the estimated sum of $10,000. outs1de of exbib~ts A3 B & C 8. Lessee :ihaU not make any additions,lrnprovements, repairs, or alterations lo the leased premisesiw;Ulout the prior written const!nt of Lessor ill each and every instance. If this provision is violated. Lessee is nabla for the cost of removal and resto~tì:m, plus applicable administrative cost. 9. TheL~s Jßt;'shall, except as otherwise specified herein and except fur damages resulting from the act or negligence of the LesstJc Its agents or employees, maintain in good repair and tenantable condition the demised premises. ~EOUn.SE (May 1 ~99, v2.2) 1