HomeMy WebLinkAboutC37930 - Family YMCA Lease Agmt - 43930 San Pablo Ave Contract No. C37930
STAFF REPORT
CITY OF PALM DESERT
PUBLIC WORKS DEPARTMENT
MEETING DATE: December 13, 2018
)‘
PREPARED BY: Heather Horning, Senior Management Analyst
REQUEST: Approve the Lease Agreement between the City of Palm Desert and
the Family YMCA of the Desert
Recommendation
By Minute Motion, authorize the City Manager to execute the Lease
Agreement between the City of Palm Desert and the Family YMCA of the
Desert (YMCA).
Strategic Plan
This item is not addressed in the City's Strategic Plan.
Background Analysis
In 1989, the Palm Desert Redevelopment Agency (RDA) and the YMCA entered into a
lease agreement that provided for the following:
• The RDA would construct a building that would be leased to the YMCA for an initial
10 year term with two 25 year extension options.
• The initial term would begin upon the issuance of the Certificate of Occupancy of
the building, which occurred on March 22, 1991, making the expiration date of the
initial lease term March 22, 2001.
• At the end of the initial term, the YMCA could request the first of the two 25 year
options, provided the YMCA had expanded the facility by 5,000 square feet. There
was an additional 5,000 square foot expansion requirement on the second 25 year
option.
• As consideration for the lease, the YMCA conveyed two areas of property on the
Civic Center site to the RDA and expanded the services offered at the facility for
the benefit of the general public.
In 1999, the YMCA requested an extension of the initial 10 year term to 15 years, which
was agreed to by the RDA through a lease amendment dated February 11, 1990. This
amendment extended the term to May 1, 2005, and all other terms remained the same.
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December 13, 2018 - Staff Report
Lease Agreement between the City of Palm Desert and the Family YMCA of the Desert
Page 2 of 2
On May 6, 2005, the RDA transferred ownership of the YMCA land and facility to the City.
At this time, the YMCA requested an extension of the original lease term for another year.
The second amendment to the lease dated August 22, 2005, extended the expiration of
the initial term to May 1, 2006.
In 2017, the YMCA informed the City that their insurance carrier had requested a copy of
their current lease in order to insure the building. Since the most recent lease extension
expired in 2006, the initial term of the lease was extended until December 31, 2018, to
ensure that the YMCA was able to properly insure the building while allowing staff time to
negotiate new lease terms with the YMCA.
During this time, City staff completed a survey of the Civic Center campus to create a
new Parcel Map that more accurately reflected the use of the campus. The recently
recorded Final Parcel Map defines the YMCA building footprint as a separate parcel.
Staff worked with the City Attorney's office and the YMCA to draft a new lease. The
proposed lease has a 15 year initial term with two extension options of 10 years each,
and incorporates the recently recorded Parcel Map. A copy of the proposed lease is
attached.
Fiscal Analysis
The proposed lease requires the YMCA to pay the property taxes, insurance, and annual
rent of $1. Since the YMCA has continued to pay both the property taxes and insurance
during the period of the lease extension, there is no fiscal impact associated with this
action.
LEGAL REVIEW DEPT. REVIEW FINANCIAL CITY MANAGER
REVIEW
40011k
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_ :obe W. Hargreaves Tom Garcia, P.E. fiet Moore Lauri Aylaian
City Attorney Director of Public Works Director of Finance City Manager
APPLICANT: Family YMCA of the Desert
43-930 San Pablo Avenue
Palm Desert, California, 92260
ATTACHMENT: Lease Agreement
Contract No. C37930
LEASE AGREEMENT
THIS LEASE AGREEMENT (the "Lease") is entered into this day of
, 2018, by and between the CITY OF PALM DESERT, a California
municipal corporation ("Lessor") and the FAMILY YMCA OF THE DESERT, a California
nonprofit corporation ("Lessee"). Lessor and Lessee are sometimes referred to individually as
"Party" and collectively as "Parties."
WHEREAS, Lessor is currently the owner of that parcel of real property located in the
City of Palm Desert, legally described in Exhibit "A" attached hereto and incorporated herein
by this reference (the "Premises"). The address of the Premises is 43930 San Pablo, Palm Desert,
California 92260; and,
WHEREAS, Lessor hereby leases to Lessee, and Lessee leases from Lessor, the Premises
upon the and subject to the terms and conditions expressed herein; and,
WHEREAS, the Premises are improved with a building designed for the usual and
customary services and facilities provided by the Lessee, including athletic facilities, recreational
programs and activities (the "Improvements"), and certain personal property, furniture, fixtures
and equipment provided by Lessee (the "FF&E"); and,
WHEREAS, in consideration of the payments to be made hereunder and the covenants
and agreements contained herein, the parties hereto agree as follows:
ARTICLE 1
TERM OF LEASE
1.1 Term. The "Term" of this Lease shall be fifteen (15) years, commencing on
(the "Term Commencement Date"), with an option to renew the
Lease for two ten (10) year terms, unless terminated earlier by Lessor or Lessee.
1.2 Date of Lease and Legal Effect. The terms, covenants, and conditions of this
Lease shall become legally binding on the Term Commencement Date.
1.3 Termination. Lessor may not terminate this Lease during the first five (5) years of
the Term. Otherwise, either Party may terminate this Lease upon six (6) months' written notice.
This provision shall not apply in the event of a breach of the Lease.
ARTICLE 2
RENT
2.1 Base Rent. During the term of this Lease, Lessee shall pay to Lessor for each year
from the Term Commencement Date One Dollar ($1.00) (the "Base Rent"). The Base Rent
owing for the full term of the Lease shall be payable in advance of the Term Commencement
Date.
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2.2 Additional Rent. Except as otherwise provided in this Lease, all sums of money or
charges whatsoever required to be paid by the Lessee to Lessor under this Lease other than Base
Rent shall be due and payable, as additional rent, fifteen (15) days after demand, presented in
writing by certified mail, without any deductions or offsets whatsoever. Lessor shall have no
obligation to bill Lessee for Base Rent or other operational expenses. Lessee's failure to pay any
such amounts or charges when due shall carry with it the same consequences as Lessee's failure
to pay Base Rent and shall be deemed to be additional rent.
2.3 Place of Payment. Lessee shall pay the rental and other charges herein reserved to
Lessor at 73-510 Fred Waring Drive, Palm Desert, California 92260, payable to Lessor or to
such other person and/or at such other location as Lessor may from time to time designate in
writing. All payments shall be made by check in lawful money of the United States. All
payments requiring proration shall be prorated on the basis of a thirty (30) day month.
ARTICLE 3
USE OF PREMISES AND COMPLIANCE WITH LAW
3.1 Use and Continuous Operation Covenant. Lessor's primary purpose for entering
into this Lease is to provide for the operation of the Premises for the general public for the usual
and customary services and facilities provided by the Family YMCA of the Desert, including
athletic facilities, and recreational programs and activities. Once a year, no less than two months
before the beginning of the Lessee's fiscal year, Lessee shall submit a schedule of the availability
of all facilities and of all programs and activities to be conducted on the Premises, including the
time, date, and duration of such programs and activities. Such schedule shall be submitted to the
Lessor for prior written approval and any substantial changes to or deviations from such schedule
thereafter must be approved in writing by the Lessor. Nothing in this Lease implies permission to
conduct any business or allow any other occupancy or use except for the purposes stated. The
concept of wholesome, affordable family recreation shall be promoted. Any nuisance shall be a
breach of this Lease. Advertisements, signs, brochures, and promotional publicity shall not
intentionally misrepresent the services provided, or the status of the Lease. Lessor's consent to
any Lessee changes or deviations to a schedule will not be unreasonably withheld.
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3.2 Hours of Operation. The Lessee shall continuously and uninterruptedly
throughout the term of the Lease keep the Premises open during scheduled hours as a YMCA
facility. The Lessee's schedule of hours when the Premises will remain open to the public shall
be submitted to the Lessor for prior written approval and any substantial changes to or deviations
from such schedule thereafter must be approved in writing by the Lessor. Lessor's consent to any
Lessee changes or deviations to a schedule will not be unreasonably withheld.
3.3 Fees and Charges. The Lessee shall be responsible for setting fees and charges for
participation in its various programs and activities conducted on the Premises or for use of the
Premises provided, however, that membership in the Family YMCA of the Desert shall not be
required for any person to use the Premises or to participate in programs and activities conducted
on the Premises. A nonmember fee may be established for the use of the Premises or for any
program or activity conducted on the Premises, which shall be based on the reasonable cost of
operation for the use of the Premises or for the program or activity. Revenues from such
nonmember fees shall not be used to subsidize membership fees. It is the Lessor's and Lessee's
goal to permit participation by all socio-economic groups in the programs and activities
conducted on the Premises. Reasonable cost of operation shall include, but not be limited to, all
direct or indirect costs, such as overhead and amortization of capital improvements. The Lessee's
schedule of fees for nonmembers shall be submitted to the Lessor for prior written approval and
any substantial changes to or deviations from such schedule thereafter must be approved in
writing by the Lessor. Lessor's consent to any Lease fees or charges will not be unreasonably
withheld.
3.4 Reports and Records. The Lessee shall maintain accurate records of the costs and
revenues associated with operation of the Premises and the various programs and activities
conducted on the Premises. Such records shall be available to the Lessor for inspection upon
request.
3.5 Parking. The Lessee shall make available for public use all parking areas included
in this Lease.
3.6 Compliance with Law. Lessee, at Lessee's expense, shall promptly comply with
all present and future laws, ordinances, orders, rules, regulations and requirements of all
governmental authorities having jurisdiction affecting the Premises or the cleanliness, safety,
occupancy and use of the same, whether or not any such law, ordinance, order, rule, regulation or
requirement is substantial, or foreseen or unforeseen, or ordinary or extraordinary or shall
necessitate structural changes of the Improvements or interfere with the use and enjoyment of the
Premises. If any governmental license or permit shall be required for the proper and lawful
conduct of the Premises, Lessee shall procure and thereafter maintain such license or permit at its
sole cost and expense and shall submit the same for inspection by Lessor.
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3.7 Hazardous Substances. Lessee shall insure that there shall not be kept, used or
sold in, upon or about the Premises any hazardous or toxic materials, chemicals, gasoline,
petroleum distillate or other petroleum products, or any other substance or material of any
explosive, inflammable, hazardous, toxic, or radioactive nature which may endanger or damage
any part of the Premises, its occupants or invitees, or present any unusual fire, explosion or other
damaging or dangerous hazard, or present the possibility of contamination by toxic or hazardous
waste.
3.8 Nondiscrimination. The Lessee herein covenants by and for himself or herself, his
or her heirs, executors, administrators, and assigns, and all persons claiming under or through
him or her, and this Lease is made and accepted upon and subject to the following conditions:
That there shall be no discrimination against or segregation of any person, or group of
persons on account of any basis listed in subdivision (a) or (d) of Section 12955 of the
Government Code, as those bases are defined in Sections 12926, 12936.1, subdivision (m) and
paragraph (1) of subdivision (p) of Section 12955 and Section 12955.2 of the Government Code,
in the leasing, subleasing, transferring, use, occupancy, tenure or enjoyment of the Premises nor
shall the Lessee, itself or any person claiming under or through it, establish or permit any such
practice or practices of discrimination or segregation with reference to the selection, location,
number, use or occupancy, of tenants, lessees, subtenants, sublessee or vendees in the Premises.
3.9 Liens. Lessee shall keep the Premises, including the Improvements, and the
FF&E, and any and all parts thereof, free from any and all liens arising out of any work
performed, materials furnished or obligations incurred by or for Lessee, and agrees to cause to be
discharged of record any mechanics' or materialmen's lien within twenty (20) days after the lien
has been filed or within ten (10) days after receipt of written request from Lessor, whichever
shall be the sooner. Lessee shall give Lessor at least fifteen (15) days written notice prior to
commencing or causing to be commenced any work on the Premises (whether prior or
subsequent to the commencement of the Term), so that Lessor shall have reasonable opportunity
to file and post notices of non-responsibility for Lessee's work. Lessor may condition its consent
to work upon Lessee posting lien and material and/or completion bonds in amounts as may be
necessary to cover the anticipated cost of such work and potential overruns. Lessee shall
reimburse Lessor for any and all costs and expenses which may be incurred by Lessor by reason
of the filing of any such liens and/or removal of same, such reimbursement to be made within ten
(10) calendar days after receipt by Lessee from Lessor of a statement setting forth the amount of
the costs and expenses.
3.10 Evaluation. Lessor may evaluate Lessee at its discretion to determine if the
provisions of this Article of this Lease have been carried out with due diligence, care, and
efficiency. Lessor will submit its findings to the Lessee. If a deficiency exists, the Lessor shall
notify the Lessee of the deficiencies and allow the Lessee a reasonable amount of time to submit
a program eliminating such deficiencies. The Lessee shall cooperate in the evaluation process
and shall provide all materials and labor necessary to develop an objective evaluation. Lessor
will exercise good faith in making a determination if Lessee is in compliance with the
obligations set forth in this Article.
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3.11 CASp Disclosure. The Premises has not undergone inspection by a Certified
Access Specialist ("CASp") (as defined in California Civil Code section 1938.) Nothing herein
shall relieve Lessee's compliance obligations as to the Premises, set forth above.
ARTICLE 4
OWNERSHIP OF IMPROVEMENTS
During the Term of this Lease all Improvements and FF&E that are provided by Lessee
or purchased or paid for by Lessee shall remain the property of Lessee. During the Term of this
Lease, all Improvements and FF&E that are provided by Lessor or purchased or paid for by
Lessor shall remain the property of Lessor.
ARTICLE 5
PAYMENT OF EXPENSES
Lessee shall pay all of the costs and expenses in the operation, management, and
maintenance of the Premises. Such expenses shall include, without limitation, the following: (i)
expenses incurred by Lessee in connection with the Premises for general maintenance, painting,
lighting, cleaning, security, fire protection; (ii) all charges, surcharges and other levies imposed
by, and all costs (whether or not capital in nature) of compliance with the requirements of any
federal, state or local governmental agency regulating use of the Premises; and (iii) the actual
cost of repairs to the Premises. Lessee shall pay the costs of major repairs to the Premises, which
shall include repairing and replacing the roof, plumbing, heating, air conditioning and electrical
systems. Prior to authorization of any major repairs, Lessee shall obtain written authorization by
Lessor indicating approval of contractor and amount of contractor's estimate. Notwithstanding
the foregoing, to the extent that any repairs are covered by warranties held by Lessor, Lessor
shall use its best efforts to cause such repairs to be made by and at the cost of the contractor,
manufacturer or supplier providing such warranty. Lessor's consent to any Lessee proposed
major repairs will not be unreasonably withheld.
ARTICLE 6
MAINTENANCE OF LEASED PREMISES
6.1 Lessee's Obligations for Maintenance.
6.1.1 Lessee's Obligations. Lessee, at Lessee's expense without cost to Lessor,
shall maintain in good order, condition, quality, and repair, the Premises and every part thereof,
and any and all appurtenances thereto wherever located, and all other repairs, replacements,
renewals and restorations, ordinary and extraordinary, foreseen and unforeseen.
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6.1.2 Standard of Maintenance. Lessee shall keep and maintain the Premises,
including the Improvements thereon, and all FF&E, in a clean, sanitary and safe condition in
accordance with the laws of the State of California and in accordance with all directions, rules
and regulations of the health officer, Fire Marshall, building inspector or other property officials
of the governmental agencies having jurisdiction, and Lessee shall comply with all requirements
of laws and ordinances affecting the Premises and the Improvements, all at the sole cost and
expense of Lessee. At the time of the expiration of the tenancy created herein, Lessee shall
surrender the Premises and the Improvements thereon in good order, condition and repair.
6.1.3 Lessor's Substitute Performance. In the event Lessee fails, refuses or
neglects to commence and complete promptly and adequately any of Lessee's obligations
pursuant to Section 6.1, or to otherwise perform any act or fulfill any obligation required of
Lessee pursuant to Section 6.1, or to remove any lien, to pay any cost or expense relating to the
matters described in Section 5, Lessor may, but shall not be required to, make or complete any
such repairs, remove such lien, or pay such cost and expense, and Lessee shall reimburse Lessor
for all costs and expenses of Lessor thereby incurred within fifteen (15) calendar days after
receipt by Lessee from Lessor of a statement setting forth the amount of such costs and expenses
which shall be deemed to be additional rent and subject to the same consequences as herein
provided for failure to pay rent. If reasonably possible under the circumstances, Lessor shall give
Lessee written notice fifteen calendar (15) days prior to commencement of any substitute
performance. Any failure by Lessor to give such notice, however, shall not prejudice Lessor's
rights hereunder or alter Lessee's obligations hereunder. Lessor's rights and remedies shall be in
addition to any and all other rights and remedies provided under this Lease or at law.
6.2 Lessor's Obligations For Maintenance. Lessor shall maintain, repair and replace
the parking areas located adjacent to the Premises. Except for the foregoing, it is intended by the
parties hereto that the Lessor shall have no obligation, in any manner whatsoever, to repair or
maintain the Premises or the FF&E, whether structural or nonstructural, all of which obligations
are intended to be that of Lessee under Section 6.1 hereof. Lessee expressly waives the benefit of
any statute now or hereafter in effect which would otherwise afford Lessee the right to make
repairs at Lessor's expense or to terminate this Lease because of Lessor's failure to keep the
Premises in good order, condition or repair.
ARTICLE 7
INSURANCE AND INDEMNITY
7.1 Lessee's Insurance.
7.1.1 Types. Lessee, at no cost and expense to Lessor, shall procure and keep in
full force and effect during the Term or cause to be procured and kept in full force and effect for
the mutual benefit of Lessor and Lessee, insurance policies meeting the minimum requirements
set forth below or such greater requirements that are generally obtained from time to time for
properties, improvements, activities, and operations similar to those on the Premises in the
Southern California area.
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(a) Commercial general liability insurance with respect to the
Premises and the operations of or on behalf of Lessee or its agents, officers, directors, and
employees in, on or about the Premises in an amount not less than Three Million Dollars
($3,000,000) per occurrence combined single limit for bodily injury, personal injury, death and
property damage, subject to such increases in amount as Lessor may reasonably require from
time to time. Coverage shall include, but not be limited to personal injury liability, premises and
operation, blanket contractual, cross liability, severability of interest, broad form property
damage, and independent contractors. Lessee shall cause Lessor and its officers, employees, and
agents to be named as additional insureds on such policy or policies.
(b) Worker's compensation coverage as required by the laws of the
State of California together with employer's liability coverage.
(c) With respect to the Improvements, FF&E, and other items of
personal property located on or in the Premises, insurance against fire, flood, extended coverage,
vandalism and malicious mischief, and such other additional perils, hazards and risks as now are
or may be included in standard "all risk" forms in general use in Riverside County, California,
for an amount equal to not less than the full current actual replacement cost thereof. Such
insurance shall include endorsements for the leasehold improvements, inflation coverage, plate
glass, business interruption, sprinkler leakage and changed conditions. Lessor shall be an
additional insured under such policy or policies and such insurance shall contain a replacement
cost endorsement.
7.1.2 Standards. All policies of insurance required to be carried by Lessee under
this Lease shall be written by responsible and solvent insurance companies authorized to do
business in the State of California and rated no less than A VII by A.M. Best's Key Rating
Guide. With Lessor's prior written approval of the insurance coverage, any insurance required of
Lessee hereunder may be furnished by Lessee under any blanket policy carried by Lessee. A
copy of each paid-up policy evidencing such insurance (appropriately authenticated by the
insurer) or a certificate of the insurer (if approved by Lessor), certifying that such policy has
been issued, providing the coverage required by this Section and containing provisions specified
herein, shall be delivered to Lessor prior to the date Lessee is given possession of the Premises or
as Lessor may otherwise require, and upon renewals, not less than thirty (30) days prior to the
expiration of such coverage. Lessor may, at any time, and from time to time, inspect and/or copy
any and all insurance policies required to be procured by Lessee hereunder. In no event shall the
limits of any policy be considered as limiting the liability of Lessee under this Lease.
7.1.3 Specific Provisions in Policy. Each policy evidencing insurance required
to be carried by Lessee pursuant to this Article shall contain the following provisions or clauses:
(a) a provision that the insurer will not cancel or materially change the
coverage provided by such policy without first giving Lessor thirty (30) days prior written
notice; and
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(b) a waiver by the Lessee's insurer of any right to subrogation against
Lessor, its agents, employees or representatives which arises or might arise by reason of any
payment under such policy or policies or by reason of any act or omission of Lessor, its agents,
employees or representatives.
7.1.4 Lessor's Substitute Performance. In the event that Lessee fails to procure,
maintain and/or pay for at the times and for the durations specified in this Section 7.1, any
insurance required by this Section, or fails to carry insurance required by law or governmental
regulation, Lessor may (but without obligation to do so) at any time or from time to time, after 3
days written notice to Lessee, procure such insurance and pay the premiums therefor, in which
event Lessee shall repay Lessor all sums so paid by Lessor together a 10% handling charge, plus
interest thereon as provided elsewhere herein, within fifteen (15) days following Lessor's written
demand to Lessee for such payment.
7.2 Covenant to Indemnify and Hold Harmless. Lessee shall indemnify, defend,
protect and hold harmless Lessor, its board members, officers, representatives, attorneys, agents
and employees, and save them from and against any and all claims, actions, losses, damages,
liabilities, and expenses, including attorneys' fees, in connection with the loss of life, bodily
injury and/or damage to property arising from or out of or in connection with any occurrence in,
upon or at the Premises, or the occupancy or use by Lessee of the Premises or any part thereof,
or arising from or out of Lessee's failure to comply with any provision of this Lease or otherwise
occasioned wholly or in part by any act or omission of Lessee, its agents, directors,
representatives, contractors, employees, servants, invitees or licensees, excepting that the
foregoing indemnification and hold harmless provision shall not apply in the event of any
uninsured willful or actively negligent misconduct on behalf of Lessor or any of its agents,
representatives, or employees, or in the event any such claims, actions, losses, damages, liability,
costs, or expenses arise out of a breach by Lessor of its obligations under this Lease.
If Lessor is made a party to any litigation commenced by or against Lessee, then Lessee
shall indemnify, protect, defend and hold Lessor harmless and shall pay all costs, expenses and
reasonable attorneys' fees incurred or paid by Lessor in connection with such litigation. Lessor
may, at its option, require Lessee to assume Lessor's defense in any action covered by this
Section 7.2 through counsel selected by Lessor and reasonably satisfactory to Lessee. Lessee, as
a material part of the consideration to Lessor, hereby assumes all risk of damage to property or
injury to persons in, upon or about the Premises and Improvements from any cause whatsoever,
and Lessee hereby waives all its claims in respect thereof against Lessor excepting only damage
or injury arising out of(i)the uninsured willful or actively negligent misconduct of Lessor or any
of its agents, representatives, or employees, or (ii) a breach by Lessor of its obligations under this
Lease.
7.3 Waiver of Subrogation. Each party hereto does hereby waive, remise, release and
discharge the other party hereto and any officer, director, shareholder, beneficiary, partner, agent,
employee or representative of such other party, of and from any liability whatsoever hereafter
arising from loss or damage for which Lessee has purchased a policy of "all risk" insurance.
Lessee shall, upon obtaining the policy of"all risk" insurance required hereunder, give notice to
the insurance carrier or carriers that the foregoing mutual waiver of subrogation is contained in
this Lease.
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7.4 Exemption of Lessor from Liability. Lessor shall not be liable for injury or
damage to the person or goods, wares, merchandise or other property of Lessee, Lessee's
employees, contractors, invitees, customers, or any other person in or about the Premises,
whether such damage or injury is caused by or results from fire, steam, electricity, gas, water or
rain, or from the breakage, leakage, obstruction or other defects of pipes, fire sprinklers, wires,
appliances, plumbing, air conditioning or lighting fixtures, or from any other cause, whether said
injury or damage results from conditions arising upon the Premises, from other sources or places,
and regardless of whether the cause of such damage or injury or the means of repairing the same
is accessible or not.
ARTICLE 8
UTILITY CHARGES
Lessee shall pay all charges for gas, water, sewer, electricity, telephone, security and
other utility services used on or in the Premises together with any taxes or penalties thereon.
ARTICLE 9
ALTERATIONS AND ADDITIONS
Without Lessor's prior written consent, which consent may be withheld or granted in
Lessor's sole discretion, Lessee shall not have the right to make changes or alterations to the
Premises or the Improvements whether structural or non-structural, systemic or non-systemic. If
Lessor approves any alterations or additions, then before the commencement of any work,
Lessee shall pay the amount of any increased premiums on insurance policies provided for
hereunder. Lessor shall in no event be required to make any alterations, rebuilding, replacement,
changes, additions or improvements or repairs to the Premises. If Lessee wishes to make any
alteration or addition, or make any repairs to the Premises which would result in an alteration or
addition to the Premises, Lessee shall submit to Lessor for its approval documentation which
describes the desired repairs, including floor plans, building sections, building materials and
components, samples of proposed exterior building materials, and the like, to the extent relevant
to the particular repair. All changes, alterations, rebuilding, replacements, additions,
improvements and repairs to the Premises made by Lessee shall be deemed to have attached to
the realty and to have become the property of Lessor upon the expiration of the Term or the
sooner termination of this Lease.
ARTICLE 10
DAMAGE OR DESTRUCTION; CASUALTY LOSS AND RESTORATION
10.1 Non-Termination. Except as provided herein, no destruction or damage to the
Improvements or the Premises by fire, windstorm or other casualty whether insured of uninsured
shall entitle Lessee to terminate this Lease. Lessor and Lessee agree that the terms of this Lease
shall govern the effect of any damage to or destruction of the Premises and the Improvements
with respect to the termination of this Lease and hereby waive the provisions of any present or
future statute to the extent it is inconsistent herewith.
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10.2 Repair of Damage.
10.2.1 Obligation to Repair Damage Due to Casualty Covered by Insurance. If
the Premises are partially destroyed or rendered partially untenantable by fire or other casualty
required to be insured against by Lessee, Lessee shall promptly proceed to obtain insurance
proceeds. The Premises shall be deemed partially destroyed if the cost of reconstruction exceeds
50% of the replacement cost of the Improvements. Upon adjustment of the loss and delivery of
funds, Lessor shall commence taking the steps necessary to begin reconstruction and shall
complete the same as soon as possible so that Lessee may continue in occupancy.
10.2.2 Obligation to Repair Damage Due to Casualty Not Covered by Insurance
or Following a Total Destruction. If the Premises are totally or partially destroyed or rendered
wholly untenantable by a casualty not required to be insured against by Lessee, or if the Premises
are totally destroyed, then either Lessee or Lessor shall have the right to terminate this Lease.
10.3 Continued Operations. During any period of repair, Lessee shall continue, or
cause the continuation of, the operation of its Programs on the Premises and use of the Premises
by the Lessee to the extent reasonably practicable. However, irrespective of the continued
operation during such period of repair, the rent and other charges payable hereunder shall not be
deferred and shall not be abated. Upon completion of such repair and restoration, Lessee shall
promptly refixture and restock the Improvements and all FF&E, if necessary, substantially to the
condition prior to the casualty, or as otherwise required by this Lease, whichever is greater, and
shall reopen if closed by the casualty.
10.4 Assignment of Insurance Proceeds. If for any reason this Lease is terminated by
reason of a casualty, all insurance proceeds covering the Improvements, the Premises, or the
FF&E, and any personal property used in the operation of the Premises, shall be the property of
Lessor, and Lessee hereby assigns such insurance proceeds to Lessor.
ARTICLE 11
ASSIGNMENT AND SUBLETTING
11.1 Lessor's Consent Required. Notwithstanding any provision herein to the contrary,
Lessee agrees and covenants (which covenants shall be binding upon the successors and assigns
of Lessee) that Lessee shall not, either voluntarily or by operation of law, assign, sell, encumber,
pledge or otherwise transfer all or any part of Lessee's leasehold estate hereunder, or permit the
Premises to be occupied by anyone other than Lessee, Lessee's employees or invitees, or sublet
the Premises, or any portion thereof, without Lessor's prior written' consent. No assignment,
whether voluntary or involuntary, by operation of law, under legal process or proceedings, by
receivership, in bankruptcy, or otherwise, and no subletting shall be valid or effective without
such prior written consent, and at Lessor's election, shall constitute a default. Lessor's consent to
any proposed transfer of Lessee's leasehold estate will not be unreasonably withheld.
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11.2 Lessee Remains Obligated. No subletting or assignment, even with the consent of
Lessor, shall relieve Lessee of its obligation to pay rent and to perform all of its other obligations
hereunder. The acceptance by Lessor of any payment due hereunder from any person or entity
other than Lessee shall not be construed as a waiver by Lessor of any provision of this Lease or
as a consent to any assignment or subletting. Consent by Lessor to an assignment of the Lease or
to a subletting of the Premises shall not operate as a waiver or estoppel to the future enforcement
by Lessor of its rights pursuant to this Lease to approve other assignments or sublettings.
ARTICLE 12
DEFAULT
12.1 Events of Default. The word "default," as used in this Section 12.1, shall mean
and include any one or more of the following events or occurrences:
12.1.1 The failure by Lessee to make any payment of Base Rent, additional rent,
or other payment required to be made by Lessee hereunder, when due and the continuance of
such failure for a period of ten (10) days after Lessor has given Lessee written notice specifying
the same;
12.1.2 The failure of Lessee to perform any other term, condition, covenant or
agreement of this Lease not previously described, and the continuation of such failure for a
period of thirty (30) days after Lessor shall have given Lessee written notice specifying the same,
or in the case of a situation in which the default cannot reasonably be cured within thirty (30)
days, if Lessee shall not promptly, within thirty (30) days after receipt of such notice, commence
to remedy the situation by a means that can reasonably be expected to remedy the situation
within a reasonable period of time, and diligently pursue the same to completion;
12.1.3 The abandonment by Lessee of the Premises or a substantial portion
thereof.
12.2 Remedies.
12.2.1 General. In the event of any default by Lessee, including the expiration of
any applicable cure period, Lessor may terminate Lessee's right to possession of the Premises by
any lawful means, in which case this Lease shall terminate and Lessee shall immediately
surrender possession of the Premises to Lessor.
In such event Lessor shall be entitled to recover from Lessee:
(a) The worth at the time of award of the unpaid rent which had been
earned at the time of termination;
(b) The worth at the time of award of the amount by which the unpaid
rent which would have been earned after termination until the time of award exceeds the amount
of such loss that Lessee proves could have been reasonably avoided;
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(c) The worth at the time of award of the amount by which the unpaid
rent for the balance of the Term after the time of award exceeds the amount of such loss that
Lessee proves could be reasonably avoided; and
(d) Any other amount deemed necessary and/or allowable by
applicable statute or decision to compensate Lessor for all the detriment proximately caused by
Lessee's failure to perform its obligations under this Lease or which, in the ordinary course of
events, would be likely to result therefrom, including, but not limited to, the cost of recovering
possession of the Premises, expenses of reletting, expenses of restoring the Premises to the
condition required hereunder (if applicable), reasonable attorneys' fees, and any other reasonable
costs.
The "worth at the time of award" of the amounts referred to in the subparagraphs, above,
shall be computed by allowing interest at a rate equal to ten percent (10%) from the dates such
amounts accrued to Lessor until the date of payment by Lessee.
12.2.2 Cumulative Remedies. Except as may be specifically provided herein, the
rights and remedies reserved to Lessor and Lessee herein, including those not specifically
described, shall be cumulative and, except as provided by California statutory or case law in
effect at the time, either Lessor or Lessee may pursue any or all of such rights and remedies at
the same time or otherwise.
12.2.3 Lessor's Non-Waiver. No delay or omission of Lessor to exercise any
right or remedy shall be construed as a waiver of any right or remedy or of any default by Lessee
hereunder. The acceptance by Lessor of rent or any other charge hereunder shall not be a waiver
of any preceding breach or default by Lessee of any provision hereof, other than the failure of
Lessee to pay the particular rent accepted, regardless of Lessor's knowledge of such preceding
breach or default at the time of acceptance of such rent, or a waiver of Lessor's right to exercise
any remedy available to Lessor by virtue of such breach or default. The acceptance of any
payment from a debtor in possession, a trustee, a receiver or any other person acting on behalf of
Lessee or Lessee's estate shall not waive or cure a default under Section 12.1.5.
12.2.4 Lessor's Reentry. Lessee hereby irrevocably consents to Lessor's
peaceable reentry, if Lessor so elects, to the Premises upon the occurrence of any of the events of
default specified above, including the expiration of any applicable cure period.
12.2.5 Lessor's Advances. In the event of any default by Lessee in the payment
of money or default by Lessee in the performance of Lessee's obligations required under this
Lease, and the expiration of any period expressly provided for herein for Lessee to cure said
default after the delivery of notice by Lessor, in addition to the other remedies herein granted to
Lessor, Lessor may, but shall not be obligated to do so, and without waiving or releasing Lessee
from any obligations of this Lease make any payment and perform any other act on Lessee's part
to be made or performed as provided in this Lease. All sums paid by Lessor and all necessary
incidental costs, together with interest thereon at the rate of ten percent (10%) per annum from
the date of the payment by Lessor shall be payable by Lessee to Lessor on demand. The sums
shall be deemed to be additional rent and subject to the same consequences as herein provided
for failure to pay rent.
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12.3 Default by Lessor. Lessor shall not be deemed to be in default in the performance
of any obligation required to be performed by it hereunder unless and until it has failed to
perform such obligation within thirty (30) days after written notice by Lessee to Lessor
specifying in reasonable detail the nature and extent of any such failure; provided, however, that
if the nature of Lessor's obligation is such that more than thirty (30) days are required for its
performance, then Lessor shall not be deemed to be in default if it shall commence such
performance within such thirty (30) day period and thereafter diligently prosecutes the same to
completion.
12.4 Legal Expenses and Collection Costs. If either party incurs any expense,
including actual costs of collection, reasonable attorneys' fees, expenses of discovery,
preparation for litigation, expert witness fees and litigation expenses and costs, in connection
with any action or proceeding instituted by either party by reason of any default or alleged
default of the other party hereunder, the party prevailing in such action or proceeding shall be
entitled to recover its reasonable expenses from the other party. For purposes of this provision, in
any unlawful detainer or other action or proceeding instituted by Lessor based upon any default
or alleged default by Lessee hereunder, Lessor shall be deemed the prevailing party if (a)
judgement is entered in favor of Lessor or (b)prior to trial or judgement Lessee shall pay the rent
and charges claimed by Lessor, or eliminate the condition(s), cease the act(s) or otherwise cure
the omission(s) claimed by Lessor to constitute a default by Lessee hereunder.
ARTICLE 13
HOLDING OVER
This Lease shall terminate and become null and void without further notice upon the
expiration of the Term herein specified, and any holding over by Lessee after such expiration
shall not constitute a renewal or extension hereof or give Lessee any rights under this Lease,
except when in writing signed by both parties hereto. If Lessee holds over at the Premises,
Lessee shall be liable to Lessor for the fair rental value of the Premises during such period.
ARTICLE 14
ACCESS BY LESSOR
In addition to the right of Lessor to reserve use of the Premises under Section 4.5, Lessor
and its agents, contractors, servants and employees of Lessor shall have the right, after
reasonable notice to Lessee, to enter the Premises during normal business hours (a) to examine
the Premises, to perform any obligations of Lessor or to exercise any right or remedy reserved to
Lessor in this Lease; (b) to exhibit the Premises to prospective purchasers, mortgagees or lessees
of Lessor's interest therein; (c) to make such repairs as Lessor may be entitled to make after a
default by Lessee under Article 12, above; and (d) to take all materials into and upon the
Premises that may be required in connection with such repairs, provided that any such entry shall
be performed in such a manner that does not unreasonably interfere with Lessee's use of the
Premises. If Lessor exercises its rights of entry in compliance with this Article 14, such entry
shall not constitute a constructive or actual eviction of Lessee, in whole or in part, and the rent
and other charges hereunder shall not abate while any such repairs are being made. If, during the
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last month of the Term, Lessee shall have removed all or substantially all of Lessee's property
therefrom, Lessor may immediately enter and alter, renovate and redecorate the Premises without
elimination or abatement of rent or other charges and without other compensation and such
action shall have no effect upon this Lease. Nothing herein contained, however, shall be deemed
or construed to impose upon Lessor any obligation, responsibility or liability whatsoever for the
care, supervision or repair of the Premises.
ARTICLE 15
LESSEE'S OBLIGATIONS AT THE END OF THE TERM
Upon the expiration or sooner termination of this Lease, if the Lessee has faithfully and
fully performed all of the terms, conditions and covenants of this Lease to be performed by the
Lessee, but not otherwise, the Lessee shall, at its sole cost and expense, remove from the
Premises all of its movable trade fixtures and equipment, and such other items the Lessee has
installed or placed on the Premises, and the Lessee shall repair all damage to the Improvements
resulting from such removal. The Lessee shall thereupon surrender the Premises and the
Improvements in the same condition as they were when the Improvements were first completed,
reasonable wear and tear and damage by any insured casualty excepted, clean and free of debris.
The Lessee shall repair any damage to the Improvements occasioned by the installation or
removal of the Lessee's trade fixtures, furnishings and equipment. If the Lessee has not fully and
faithfully performed all terms, conditions, and covenants of this Lease to be performed by the
Lessee, the Lessee shall nevertheless remove its personal property from the Premises in the
manner aforesaid within fifteen (15) days after receipt of written direction to do so from the
Lessor. In the event the Lessee shall fail to remove any of its personal property as provided
herein, the Lessor may, but is not obligated, at the Lessee's expense and with interest at the
highest rate then allowed to be charged by non-exempt lenders under the usury laws of the State
from the date of payment by the Lessor, remove all such personal property not so removed and
repair all damage to the Improvements resulting from such removal and may, but is not obligated
to, at the Lessee's expense, store the same in any public or private warehouse, and the Lessor
shall have no liability to the Lessee for any loss or damage to the Lessee's property caused by or
resulting from such removal. Notwithstanding anything to the contrary otherwise stated in this
Lease, the Lessee shall leave the air lines, power panels, electrical distribution systems, lighting
fixtures, space heaters, air conditioning, plumbing and fencing on the Premises in good operating
condition.
ARTICLE 16
QUIET ENJOYMENT
Upon payment by Lessee of the rents provided herein, and upon the observance and
performance of all of the covenants, terms and conditions on the part of Lessee to be performed
hereunder, Lessor covenants and warrants that Lessee may peaceably and quietly hold and enjoy
the Premises for the Term.
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ARTICLE 17
TAXES
Lessee shall be responsible for, and agrees to pay, as additional rent, prior to delinquency,
any and all real estate or property taxes and assessments, special assessments, possessory interest
taxes, levies, fees, and other governmental charges of every kind or nature (hereinafter
collectively called "Taxes") in the event such Taxes are levied or assessed by municipal, county,
state, federal, or other taxing or assessing authorities or governmental agencies or entities upon,
against, or with respect to (i) the Premises or any portion thereof; (ii) all fixtures, equipment, and
any other property of any kind owned by Lessee or placed, installed, or located within, upon, or
about the Premises for which Lessor might be assessed or which might become a lien on the
Premises if not paid by Lessee; (iii) all alterations, additions, and improvements of whatsoever
kind or nature, if any, made to the Premises or the Improvements; (iv) rentals or other charges
payable by Lessee to Lessor (other than state and federal income taxes applicable to Lessor); and
(v) any other interest in the Premises (including the leasehold interest created by this Lease),
irrespective of whether any of the items described in clauses (i) through (v) above are assessed as
real or personal property, and irrespective of whether any of such items are assessed to or against
Lessor, Lessee or any other person.
ARTICLE 18
FORCE MAJEURE
In the event the performance by either party of any of its obligations hereunder is delayed
by reason of the act or neglect of the other party, act of God, stormy or inclement weather, strike,
labor dispute, boycott, lockout or other like defensive action by such party, inability to obtain
labor or materials, governmental restrictions, riot, insurrections, war, catastrophe, casualty, act of
the public enemy, or any other cause (financial inability excepted), whether similar or dissimilar,
beyond the reasonable control of the party from whom such performance is due, the period for
the commencement or completion thereof shall be extended for a period equal to the period
during which performance is so delayed.
ARTICLE 19
MISCELLANEOUS
19.1 Assumption of Risk, Waiver, and Lessor's Non-liability. To the maximum extent
allowed by law, except for Lessor's or Lessor's officers, employees, and agents willful or
actively negligent acts, Lessee assumes any and all risk of loss, damage or injury of any kind to
any person or property which is in, on or about the Premises. Lessee's assumption of risk shall
include, without limitation, loss or damage caused by defects within the Premises or any fixture
therein, accident, fire or other casualty on the Premises. To the maximum extent allowed by law,
except for Lessor's willful or actively negligent acts, Lessee hereby waives all claims and
demands against Lessor, its respective officials, officers, employees, volunteers and agents for
injury to persons, damage to property or any other interest of Lessee sustained by Lessor or any
person claiming to be Lessee resulting from any occurrence on or about the Premises.
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Lessee has been advised by its legal counsel concerning the content and effect of
California Civil Code Section 1542, which provides:
A general release does not extend to claims which the creditor does
not know or suspect to exist in his or her favor at the time of
executing the release, which if known by him or her must have
materially affected his or her settlement with the debtor.
Lessee hereby waives the benefits of California Civil Code Section 1542 and all other
state or federal statutes or judicial decisions of similar effect. The provisions of this Section shall
survive the termination of this Lease.
19.2 Notices. All notices, demands or other writings to be made, given or sent
hereunder, or which may be so given or made or sent by either Lessor or Lessee to the other shall
be deemed to have been given when in writing and personally delivered or if mailed on the third
(3rd) day after being deposited in the United States mail, certified or registered, postage prepaid,
and addressed to the respective parties at their addresses set forth below:
To Lessor: To Lessee:
City of Palm Desert Family YMCA of the Desert
73-510 Fred Waring Drive 43-930 San Pablo Avenue
Palm Desert, California 92260 Palm Desert, California 92260
Attn: City Manager Attn: Executive Director
19.3 Relationship of Parties. Nothing contained herein shall be deemed or construed by
the parties hereto, nor by any third party, as creating the relationship of principal and agent or of
partnership or of joint venture between the parties hereto, it being understood and agreed that
neither the method of computation of rent, nor any other provision contained herein, nor any acts
of the parties herein, shall be deemed to create any relationship between the parties hereto other
than the relationship of Lessor and Lessee.
19.4 Accord and Satisfaction. No payment by Lessee or receipt by Lessor of a lesser
amount than the rent or other charges herein stipulated shall be deemed to be other than on
account of the earliest due stipulated rent or other charges, nor shall any endorsement or
statement on any check or any letter accompanying any check or payment as rent or other
charges be deemed an accord and satisfaction, and Lessor shall accept such check or payment
without prejudice to Lessors right to recover the balance of such rent or other charges or pursue
any other remedy in this Lease provided.
19.5 Time of Essence. Time is hereby expressly declared to be of the essence of this
Lease and of each and every term, covenant and condition hereof which relates to a date or
period of time.
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19.6 Remedies Cumulative. The remedies herein given to Lessor and Lessee shall be
cumulative and are given without impairing any other rights or remedies given Lessor and
Lessee by statute or law now existing or hereafter enacted, and the exercise of any one (1)
remedy by Lessor or Lessee shall not exclude the exercise of any other remedy.
19.7 Effect of Invalidity. If any term or provision of this Lease or the application
thereof to any person or circumstances shall, to any extent, be invalid or unenforceable, the
remainder of this Lease, or the application of its terms and provisions to persons and
circumstances other than those to which it has been held invalid or unenforceable shall not be
affected thereby, and each term and provision of this Lease shall be valid and enforceable to the
fullest extent permitted by law. No acquisition by Lessor of all or any of the interest of Lessee in
or to the Premises or the Improvements, and no acquisition by Lessee of all or any interest of
Lessor in or to the Premises shall constitute or work a merger of the respective interest, unless
expressly provided for.
19.8 Successors and Assigns. This Lease and the covenants and conditions contained
herein shall be binding upon and inure to the benefit of and shall apply to the successors and
assigns of Lessor and to the permitted successors and assigns of Lessee, and all references in this
Lease to "Lessee" or "Lessor" shall be deemed to refer to and include all permitted successors
and assigns of such party.
19.9 Entire Agreement. This Lease and the exhibits hereto contain the entire agreement
of Lessor and Lessee with respect to the matters covered hereby, and no other agreement,
statement of promise made by either Lessor or Lessee which is not contained herein, shall be
valid or binding. No prior agreement, understanding or representation pertaining to any such
matter shall be effective for any purpose. No provision of this Lease may be amended or added
to except by an agreement in writing signed by Lessor and Lessee.
19.10 Interest on Past-Due Obligations. Any amount due from Lessee to Lessor
hereunder which is not paid when due (including, without limitation, amounts due as
reimbursement to Lessor for costs incurred by Lessor in performing obligations of Lessee
hereunder upon Lessee's failure to so perform) shall bear interest at the rate of ten (10%) percent
from the date due until paid, unless otherwise specifically provided herein, but the payment of
the interest shall not excuse or cure any default by Lessee under this Lease.
19.11 No Option. The submission of this Lease to the Lessee shall be for examination
purposes only, and does not and shall not constitute a reservation of or option for the Lessee to
lease, or otherwise create any interest by the Lessee in the Premises or any portion thereof
Execution of this Lease by the Lessee and return to the Lessor shall not be binding upon the
Lessor, notwithstanding any time interval until the Lessor has in fact executed and delivered an
executed counterpart of this Lease to the Lessee.
19.12 Controlling Law. This Lease shall be governed by and construed in accordance
with the laws of the State of California.
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19.13 Specific Performance. Nothing contained in this Lease shall be construed as or
shall have the effect of abridging the right of either Lessor or Lessee to obtain specific
performance of any and all of the covenants or obligations of the other party under this Lease.
19.14 Survival of Indemnities and Warranties. The obligations of the indemnifying
party under each and every indemnification and hold harmless provision contained in this Lease
shall survive the expiration or earlier termination of this Lease to and until the last to occur of(a)
the last date permitted by law for the bringing of any claim or action with respect to which
indemnification may be claimed by the indemnified party against the indemnifying party under
such provision or (b) the date on which any claim or action for which indemnification may be
claimed under such provision is fully and finally resolved, and, if applicable, any compromise
thereof or judgement or award thereon is paid in full by the indemnifying party and the
indemnified party is reimbursed by the indemnifying party for any amounts paid by the
indemnified party in compromise thereof or upon judgment or award thereon and in defense of
such action or claim, including reasonable attorneys' fees incurred. The representations,
warranties, and covenants of the parties contained herein shall survive the termination of this
Lease without regard to any investigation made by the parties.
19.15 Severability. If any provision of this Lease is held to be invalid or void by a court
of competent jurisdiction, the balance of the provisions shall, nevertheless, remain in full force
and effect.
19.16 Counterparts. This Lease may be executed in multiple counterparts each of which
shall be deemed an original.
IN WITNESS WHEREOF, the parties hereto have executed this Lease as of the day and
year first above written.
LESSEE LESSOR
FAMILY YMCA OF THE DESERT, CITY OF PALM DESERT,
A California non-profit organization A California municipal corporation
By: By:
Rob Ballew Lauri Aylaian
Executive Director/CEO City Manager
Dated: Dated:
ATTEST:
By:
Rachelle Klassen
City Clerk
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Contract No.
APPROVED AS TO FORM:
BEST BEST & KRIEGER LLP
By:
Robert Hargreaves
City Attorney
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Contract No.
Exhibit"A"
Legal Description
PARCEL 4 OF PARCEL MAP NO. 34347, IN THE CITY OF PALM DESERT, COUNTY OF RIVERSIDE, STATE OF
CALIFORNIA, AS PER MAP FILED IN BOOK 245, PAGES 100 THROUGH 110, INCLUSIVE, OF PARCEL MAPS,
IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY.
72500.00001\31609726.2 -20-
RECEIVED
CIT Y CLERK'S OFFICE
PALM DESERT t'ra.
LEASE AGREEMENT
2010 DEC 11 PM 1: 17
THIS LEASE AGREEMENT (the "Lease") is entered into this day of
, 2018, by and between the CITY OF PALM DESERT, a California
municipal corporation ("Lessor") and the FAMILY YMCA OF THE DESERT, a California
nonprofit corporation ("Lessee"). Lessor and Lessee are sometimes referred to individually as
"Party" and collectively as "Parties."
WHEREAS, Lessor is currently the owner of that parcel of real property located in the
City of Palm Desert, legally described in Exhibit "A" attached hereto and incorporated herein
by this reference (the "Premises"). The address of the Premises is 43930 San Pablo, Palm Desert,
California 92260; and,
WHEREAS, Lessor hereby leases to Lessee, and Lessee leases from Lessor, the Premises
upon the and subject to the terms and conditions expressed herein; and,
WHEREAS, the Premises are improved with a building designed for the usual and
customary services and facilities provided by the Lessee, including athletic facilities, recreational
programs and activities (the "Improvements"), and certain personal property, furniture, fixtures
and equipment provided by Lessee (the "FF&E"); and,
WHEREAS, in consideration of the payments to be made hereunder and the covenants
and agreements contained herein, the parties hereto agree as follows:
ARTICLE 1
TERM OF LEASE
1.1 Term. The "Term" of this Lease shall be fifteen (15) years, commencing on
(the "Term Commencement Date"), with an option to renew the
Lease at the parties mutual discretion for two ten (10) year terms, unless terminated earlier by
Lessor or Lessee.
1.2 Date of Lease and Legal Effect. The terms, covenants, and conditions of this
Lease shall become legally binding on the Term Commencement Date.
1.3 Termination. Lessor may not terminate this Lease during the first five (5) years of
the Term. Otherwise, either Party may terminate this Lease upon six (6) months' written notice.
This provision shall not apply in the event of a breach of the Lease.
ARTICLE 2
RENT
2.1 Base Rent. During the term of this Lease, Lessee shall pay to Lessor for each year
from the Term Commencement Date One Dollar ($1.00) (the "Base Rent"). The Base Rent
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