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HomeMy WebLinkAboutContracts & Agreements_83-2016 FOURTH AMENDMENT TO LEASE AGREEMENT This fourth 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") is made and entered into this 3" day of May, 201.6 ("Effective Date"). Coity and Lessee are sometimes refereed 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 .Tune 30, 2017 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 five years commencing on July 1, 2012 and ending on June 30, 2017, unless sooner terminated as hereinafter provided." Section 2. All other terms and conditions of the Lease shall remain in full force and effect. IN WITNESS WHEREOF, the Parties have executed this Fourth Amendment to Lease Agreement as of its Effective Date. C IT Y OF REDLANDS DILL LU ER C C)MPANC i w. y Paia1 W. Foster, Mayor �"� Fre.... ill, President .m ATTEST: Ji�anne Donaldson, Deputy City Clerk l:\ca\djm\Agreements\4th Amendment to Lease with©ill Lumber 5.3.16 docx