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EIGHTH AMENDMENT TO MULTI -TENANT OFFICE LEASE — GROSS
This Eighth Amendment ("Eighth Amendment") to the Multi -Tenant Office Lease -Gross
("Lease"), dated September 15, 2000, is made and entered into this 15th day of January, 2022 by
and between the City of Redlands, a municipal corporation and a general law city ("City"), and
Arrowhead Conferences and Events, Inc., ("Lessee") City and Lessee are sometimes herein
referred to individually as a "Party" and collectively as the "Parties."
RECITALS
WHEREAS, on September 15, 2000, Lessee entered into a Multi -Tenant Office Lease -
Gross with Redlands Community Investment Corporation, a California Corporation for the lease of
approximately 2,556 square feet of space at 300 East State Street, Suite 470, Redlands, California
which was later amended and is presently 240 square feet of space at 300 East State Street, Suite
220; and
WHEREAS, Lessee and Redlands Community Investment Corporation amended that
certain Lease Agreement with the First Amendment dated November 9, 2000, Second Amendment
dated March 13, 2001, Third Amendment dated May 1, 2012, Fourth Amendment dated October 1,
2015, Fifth Amendment dated December 17, 2018 for 423 square feet of space at 300 E. State Street,
Suites 213 and 220, Sixth Amendment dated January 28, 2020, and Seventh Amendment dated
January 14, 2021, for approximately 240 square feet of space at 300 E. State Street, Suite 220, and
WHEREAS, on September 21, 2021, City of Redlands and Redlands Community
Investment Corporation entered into an Assignment and Assumption Agreement, wherein, Redlands
Community Investment Corporation assigned and transferred to City of Redlands all right title and
interest in, to and under the leases for 300 East State Street; and
WHEREAS, it is the desire of the City and Lessee to amend the existing Lease, specifically
with regard to the Lease Term and Base Rent;
NOW, THEREFORE, for good and valuable consideration in the receipt of which is hereby
acknowledge City and Lessee agree as follows
AGREEMENT
Section 1 Paragraph 1.3 of the Lease, entitled "Term" is hereby deleted and replaced withthe
following
"1.3 Term. Eleven (11) months commencing on January 15, 2022 ("Commencement Date")
and ending on December 31, 2022 ("Extension Term") "
Section 2. Paragraph 1 5 of the Lease, entitled "Base Rent" is hereby amended to read as
follows
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"1 5 Base Rent The monthly Base Rent during the Extension Term shall be Six Hundred
Dollars ($600 00) per month, payable on the first day of each month commencing February 1,
2022 "
Section 3 No Broker Involvement City and Lessee each represent and warrant to the other
that is has not employed any broker in connection with this Amendment
Section 4. Integration of this Amendment and the Lease This Amendment and the Lease
shall, for all purposes, be deemed to be one instrument In the event of any conflict between the
terms and provisions of this Amendment and the terms and provisions of the Lease or other
amendments, the terms and provisions of this Amendment shall, in all instances, control and prevail
Except as expressly defined herein, all words and phrases which are defined in the Leaseshall have
the same meaning in this Amendment as are ascribed to said words and phrases in the Lease
Section 5 Authority Lessee represents and warrants to City that each individual executing
this Amendment on behalf of Lessee is authorized to do so Lessee also represents and warrants to
City that neither Lessee nor the entities or individuals constituting, owning or controlling Lessee or
which may be owned or controlled by Lessee are among the individuals or entities identified onany
list compiled pursuant to Executive Order 13224 for the purpose of identifying suspected terrorists
Section 6 Effect of this Amendment Except as expressly modified or amended by this
Amendment, the Lease and all terms, covenants and conditions contained therein shall remain
unchanged an in full force and effect
IN WITNESS WHEREOF, the parties have executed this Fifth Amendment, to be effective
as of January 15, 2022
CITY OF REDLANDS
Arrowhead Conferences and Events, Inc
DoeuSigned by:
BY C00213AMIDE1927...
Chris Boatman, Assistant City Manager T Scott Falk, President
ATTEST
me Donaldson, City Clerk
1/20/2022
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