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<br />ORIGINAL <br /> <br />LEASE AGREEMENT <br />(Lease Area 18) <br /> <br />THIS' LEASE AGREEMENT ("Agreement" or "LEASE") is entered into as of /~ AjIlE~.tU, <br />2007, by and between: the Redevelopment Agency of the City of Redwood City, a public body, <br />corporate and politic, duly organized and existing under the laws of the State of California <br />("Agency" or "Lessor"), and Daily Boost LLC, d.b.a. "Daily Boost", hereinafter referred to as <br />"Lessee." <br /> <br />RECITALS: <br /> <br />A. WHEREAS, on May 3, 2005, the City of Redwood City ("City") entered into an <br />agreement with the County of San Mateo, "Cooperative Agreement between the <br />County of San Mateo and the City of Redwood City for Preservation of the Historic <br />County Courthouse Block, Removal of the South Annex, Reconstruction of the <br />Courthouse Fac;:ade and Creation of a Courthouse Plaza, and Grant of Easement <br />and License", herein ("Cooperative Agreement"). <br /> <br />8. WHEREAS, the Cooperative Agreement was amended on August 24, 2006 through <br />the First Amendment to the Cooperative Agreement between the County of San <br />Mateo and the City of Redwood City for Preservation of the Historic County <br />Courthouse Block, Removal of the South Annex, Reconstruction of the Courthouse <br />Fac;:ade and Creation of a Courthouse Plaza, and Grant of Easement and License <br />("First Amendment") to expand the Project to include the construction and placement <br />of a restroom facility. <br /> <br />C. WHEREAS, the Cooperative Agreement provides that the City may assign its <br />easement interest in any or all portions of the Courthouse Square with the consent of <br />the County. <br /> <br />D. WHEREAS, pursuant to a Partial Assignment and Assumption of Cooperative <br />Agreement, the City has assigned certain interests in the four Concession Spaces at <br />Courthouse Square to the Agency. <br /> <br />E. WHEREAS, Lessor has possession of Courthouse Square Concession Space <br />identified as Lease Area 1 B (the "Premises" or the "Lease Area"), as described in the <br />legal description and plat map identified as Exhibit "A" and illustrated in the site <br />layout identified as Exhibit 8, both of which are attached hereto and incorporated <br />herein by reference. <br /> <br />F. WHEREAS, Lessee wishes to lease the Premises for operation of Daily Boost, a <br />coffee, espresso drink, smoothie, tea, breakfast sandwich, muffin, and prepackaged <br />food concession. <br /> <br />G. WHEREAS, Lessor and Lessee wish to enter into an agreement for the use of the <br />Premises by Lessee, its agents, customers, contractors, and assignees. <br /> <br />H. WHEREAS, concurrently with this Lease Agreement, City and Lessee have entered <br />into a License Agreement (the "License Agreement") allowing Lessee the right to use <br />certain areas surrounding the Premises, defined as License Area 1 B. <br /> <br />A TTY/AGR/2007.067 <br />103107 <br />