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HomeMy WebLinkAboutContracts & Agreements_189C-2022FOURTH AMENDMENT TO MULTI -TENANT OFFICE LEASE — GROSS This Fourth Amendment ("Fourth Amendment") to the Multi -Tenant Office Lease -Gross ("Lease"), dated September 3, 2009, is made and entered into this 15th day of September, 2022 by and between the City of Redlands, a municipal corporation and a general law city ("City"), and Betty Auton-Beck, a Professional Law Corporation ("Lessee"). City and Lessee are sometimes herein referred to individually as a "Party" and collectively as the "Parties." RECITALS WHEREAS, on September 3, 2009, Lessee entered into a Multi -Tenant Office Lease - Gross with Redlands Community Investment Corporation, a California Corporation for the lease of approximately 2,577 square feet of space at 300 East State Street, Suite 600, Redlands, California; and WHEREAS, Lessee and Redlands Community Investment Corporation amended that certain Lease Agreement with the First Addendum dated September 3, 2009, Second Addendum dated January 27, 2011, Third Addendum dated August 25, 2011, Fourth Addendum dated November 7, 2012, Fifth Addendum dated April 29, 2013, First Amendment dated October 1, 2013, Second Amendment dated November 19, 2013, and Third Amendment dated August 30, 2019; 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 with the following: "1.3 Term. Eleven (11) months commencing on February 1, 2023 ("Commencement Date") and ending on December 31, 2023 ("Extension Term")." Section 2. Paragraph 1.5 of the Lease, entitled "Base Rent" is hereby amended to read as follows: 1 C:\Users\Istinson\AppData\Local\Microsoft\Windows\INetCache\Content.Outlook\56AQMX2Y\Betty Auton Beck Ste 600 -4th Amendment to Lease.City.2022.docx "1.5 Base Rent. The monthly Base Rent during the Extension Term shall be Six Thousand Five Hundred Sixty One Dollars and Eighteen Cents ($6,561.18) per month, payable on the first day of each month commencing February 1, 2023." 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 Lease shall 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 on any 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 Fourth Amendment, to be effective as of February 1, 2023. CITY OF REDLANDS Chris Boatman, Assistant City Manager ATTEST: nne Donaldson, City Clerk BETTY AUTON-BECK A PROFESSIONAL LAW CORP. By: og Be Auto-Beck,'President 2 C:\Users\Istinson\AppData\Local\Microsoft\Windows\INetCache\Content.Outlook\56AQMX2Y\Betty Auton Beck Ste 600 -4th Amendment to Lease.City.2022.docx