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HomeMy WebLinkAboutContracts & Agreements_84-2017 FIFTHAMENDMENT TOLEASE AGREEMENT The fifth amendment to the commercial lease agreement ("Lease")dated June 29, 2012, by and between the City of Redlands,a municipal corporation ("City")and Dill Lumber Company, a California corporation ("Lessee'D is made and entered into this 1 6th day of May, 2017 ('Effective Date") City and Lessee are sometimes referred to herein as a'Party" and, together, as the 'Parties " RECITALS WHEREAS,on June 29,2012 the Parties entered into a Lease relating to a certain real property more specifically described as the second floor office area located at the east end of the Lessee's building commonly known as 1740 W Redlands Boulevard, and WHEREAS, it is the desire of the Parties to amend their existing Lease,specifically Section 3,to extend the term of the Lease by an additional one-year to June 30,2018, NOW,THEREFORE, the Parties agree as follows AGREEMENT Section 1 Section 3 of the Lease is hereby amended to read as follows The term of this Lease shall be for six years commencing on July 1,2012 and ending on June 30, 2018,unless sooner terminated as hereinafter provided Rent commencing July 2017 shall be $1,800 per month Section 2 All other terms and conditions of the Lease shall remain in ful I force and effect IN WITNESS WHEREOF,the Parties have executed this Fifth Amendment to Lease Agreement as of its Effective Date CITY OF REDLANDS DILL LUMB R COMPA B ] By Paul W Foster,Mayor F H Dill, President ATTEST Jee06 Donaldson,City Clerk 1 lcaldjinlAgreementsT&h Amendment to Dill Lumber Lease Agreement.doex