Agmt22 City County Land Swap Leaseback Agrmt

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LEASE AGREEMENT (Shelter) This Lease Agreement ("Lease") is made and entered into as of the effective date specified in Section 3 of the Basic Lease Information above ("Effective Date"), by and between the CITY OF REDWOOD CITY, a California charter city and municipal corporation ("Landlord"), and the COUNTY OF SAN MATEO, a political subdivision of the State of California ("Tenant"). 1. PREMISES. 1.1 Premises; License. Landlord hereby leases to Tenant, and Tenant leases from Landlord, the Premises, including without limitation the buildings, and all infrastructure on the Property (collectively, the "Improvements"). 1.2 Landlord's Reserved Rights. Landlord reserves the right to enter the Property or the Premises upon reasonable notice to Tenant (except that advance notice shall not be required in case of an emergency) for the following purposes: (i) to inspect the condition of the Property or the Premises; (ii) to ascertain the performance by Tenant of the terms and conditions hereof; (iii) to respond to an emergency at the Property; (iv) to maintain, inspect and repair the Premises to the extent required or permitted under this Lease; (v) to post notices of non - responsibility for alterations, additions or repairs undertaken by Tenant; and (vi) to perform any other right or duty of Landlord under this Lease. Landlord may exercise this right of entry without any abatement of Rent to Tenant for any loss of occupancy or quiet enjoyment of the Premises. 2. TERM. 2.1 Term. The "Initial Term" of this Lease shall be as set forth in Section 7 of the Basic Lease Information. The Initial Term shall commence as of the Commencement Date set forth in Section 7 of the Basic Lease Information and expire on the Expiration Date set forth in Section 7 of the Basic Lease Information. The Initial Term, together with any extension or renewal term(s), are collectively referred to herein as the "Term." 2.2 Early Termination. Notwithstanding the Initial Term described in Section 2.1 above, Tenant may, in its sole option, elect to terminate this Lease before the Expiration Date at any time pursuant to this Section 2.2 (the "Early Termination Option"). Tenant may exercise the Early Termination Option at any time with at least 30 days written notice to Landlord as otherwise provided in this Lease, which specifically says it is an "Early Termination Notice Under Lease" and identifies an early termination date which is at least 30 days after the effectiveness of the written notice as otherwise provided in this Lease. No such early termination will relieve Tenant of any obligation accruing before the early termination date or which would otherwise survive expiration or termination of the Lease or result in a reduction or abatement of any Rent otherwise due. 1 REV: 01-21-2022 SK ATTY/AGR.2022.010.2/City- County Land Swap (Page 7 of 34)