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o <br />o The lease agreements for the occupied suites have been provided separately to the City. As <br />evidenced in these lease agreements, the lease termination dates for the occupied suites <br />are as follows: <br />Suites 1 & 2: March 31, 2028 <br />Suite 3: July 31, 2029 <br />Suite 6: May 31, 2027 <br />o As set forth in the Phasing Plan in Attachment 6, construction is not scheduled to <br />commence until December, 2029 and therefore these leases will all end on their terms and <br />the existing building will be entirely vacant prior to commencement of construction. <br />o There are no existing residential structures on the Land Donation Site and therefore the <br />Eden Project will not have any impact on residential tenants. <br />•Lane will comply with Section 29.H(9) which states that “[t]he donor must indemnify, defend <br />(with counsel reasonably chosen by the City), and hold harmless to the fullest extent permitted <br />by law the City, its boards and commissions, officers, officials, employees and agents from and <br />against any and all actual and alleged claims, losses, damages, injuries, liabilities, costs (including <br />attorney's fees),suits or other expenses which arise out of, or which are in any way related to <br />relocation obligations to residential tenants, homeowners, or businesses permanently or <br />temporarily displaced from the donated property.” <br />•Lane and Eden will comply with Section 29.H(12) which states that “Developer or property <br />owner irrevocably assigns to the City, and grants to the City a security interest in and rights to <br />the following: all contracts with architects, landscape architects, planners, geologists, surveyors, <br />engineers, economists, or other development consultants entered into for the property to be <br />donated; and all plans, specifications, drawings, data, and studies produced by these architects <br />and development consultants. Lane and Eden shall ensure that the third parties to the contracts <br />referenced above for Project work consent to the assignment of these contracts to Lender. <br />Consistency with General Plan, Housing Element and Zoning: <br />ATTY/RESO.0052/ CC RESO APPROVING SUBSTITUTE SITE AS AFFORDABLE HOUSING SITE (705 VETERANS)(1900 BROADWAY DA) - EXHIBIT 1 <br />REV: 07-21-26 MI <br /> <br /> <br />Page 24 of 53