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<br />DES:nik 08/04/88 (#21) <br /> <br />RES 0 L UTI 0 N <br /> <br />N O. <br /> <br />10844 <br /> <br />AU6 8 1988 <br />nP/GJNAL <br />'..,Ij', ,. <br /> <br />RESOLUTION APPROVING AND AUTHORIZING EXECUTION OF LEASE <br />AGREEMENT FOR OFFICE SPACE <br /> <br />(702 MARSHALL STREET) <br /> <br />WHEREAS, the City of Redwood City heretofore entered into a <br /> <br />lease <br /> <br />agreement <br /> <br />for municipal <br /> <br />office <br /> <br />purposes with <br /> <br />702 <br /> <br />Associates, a limited partnership, as Lessor, whose successor is <br /> <br />James A. Ortloff, pursuant to Resolution No. 9002, adopted <br /> <br />November 9, 1981, and thereafter the term of said lease agreement <br /> <br />was extended by two addenda approved by Resolution No. 9745, <br /> <br />adopted December 3, 1984 and Resolution No. l0348, adopted <br /> <br />September 22, 1986; and <br /> <br />WHEREAS, the term of the aforesaid lease agreement, as <br /> <br />extended by said addenda, has expired; and <br /> <br />WHEREAS, this Council desires to enter into a successor <br /> <br />lease agreement pursuant to which a reduced amount of area shall <br /> <br />be leased to accommodate current requirements of the City; and <br /> <br />WHEREAS, there has been presented to, and reviewed by this <br /> <br />Council, a lease agreement by and between the City of Redwood <br /> <br />City and James A. Ortloff pursuant to which the City shall lease <br /> <br />4,068 square feet of space in that certain office building <br /> <br />located at 702 Marshall Street, Redwood City, California; <br /> <br />NOW, THEREFORE; <br /> <br />BE IT RESOLVED BY THE COUNCIL OF THE CITY OF REDWOOD CITY, <br />AS FOLLOWS: <br /> <br />That certain lease agreement entitled "Office Lease", dated <br /> <br />July 29, 1988 by and between James A. Ortloff ("Lessor") and the <br /> <br />10844 <br />