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HomeMy WebLinkAboutPSAM - Rmbrsmnt for Various SculpturesContract No. C29860 REQUEST: SUBMITTED BY: DATE: CONTENTS: Recommendation CITY OF PALM DESERT CITY MANAGER'S OFFICE STAFF REPORT APPROVAL TO REIMBURSE THE PALM SPRINGS ART MUSEUM FOR HONORARIUM AND INSTALLATION COSTS IN THE AMOUNT OF $39,555.93 FOR VARIOUS SCULPTURES ON DISPLAY WITHIN THE ERIC JOHNSON MEMORIAL GARDEN. Stephen Y. Aryan, Risk Manager February 28, 2013 PSAM Sculpture Guide By Minute Motion: 1. Approve reimbursement, in the amount of $39,555.93, to the Palm Springs Art Museum for honorarium and installation costs for various sculptures on display within the Eric Johnson Memorial Garden. 2. Appropriate $39,555.93 from the Unobligated General Fund for reimbursement to the Palm Springs Art Museum -Palm Desert and transfer to Account No. 110-4800-454-3885. Backaround On July 1, 2010, the City entered into a lease agreement with the Palm Springs Art Museum (the Museum) concerning the former Visitor Center located at 72-567 Highway 111. The lease agreement requires that the City pay an honorarium and reimburse installation costs for each sculpture installed within the nonexclusive use area (i.e. Eric Johnson Memorial Garden and Multi -Sensory Garden adjacent to the Henderson Building). The City recently completed work on the project to install lighting fixtures, poles, and pads for these sculptures. A total of nine art pieces were installed this year and are available for public viewing. As this reimbursement is required under the lease agreement, staff recommends approval of this request. Fiscal Impact Honorarium: The lease agreement requires a one-time honorarium in the amount of $2,575.00 for each sculpture piece placed by the Museum within the Eric Johnson Memorial Garden (Sculpture Garden) or Multi -Sensory Garden. This amount increases by $50.00 each year on the anniversary of the commencement date, which staff interpreted as being the date when the first sculptured was installed (February 2012). Staff Report: PSAM Sculpture Reimbursement February 28, 2013 Page 2 of 3 Honorarium (continued): The lease allows for an initial maximum of twenty honoraria, with any additional payment at the discretion of the City. The Museum is permitted to install ten or Tess sculptures the first year (currently nine installed in the nonexclusive use area) and a maximum of five in subsequent years, until the twenty sculpture limit is met. SCULPTURE (ARTIST) Untitled (Donald Judd) Morning (Yehiel Shemi) Seated Thinking Woman (Felipe Castaneda) Lapstrake (Jesus Bautista Moroles) Midnight & Morning Rain (Peter Reginato) Walks Among the Stars (Dave McGary) Vertical Passage (Dan Namingha) MA IV (Betty Gold) Steel Watercolor w/ Balls (Fletcher Benton) TOTAL HONORARIUM COST Previously Paid Previously Paid $2,575.00 $2,575.00 $2,575.00 $2,575.00 $2,575.00 $2,575.00 $2,575.00 $18,025.00 Sculpture Installation: Per the lease agreement, the Museum is responsible for transporting, installing, and removing sculptures within the nonexclusive use area. However, the City is responsible for reimbursing the Museum for all reasonable costs in connection with such action. Please note that such reimbursement shall not exceed $10,000 per installation or removal. Again, the Museum is permitted a maximum of twenty sculptures for reimbursement and they can remove/add up to five sculptures annually. SCULPTURE (ARTIST) Untitled (Donald Judd) Morning (Yehiel Shemi) Seated Thinking Woman (Felipe Castaneda) Lapstrake (Jesus Bautista Moroles) Midnight & Morning Rain (Peter Reginato) Walks Among the Stars (Dave McGary) Vertical Passage (Dan Namingha) MA IV (Betty Gold) Steel Watercolor wl Balls (Fletcher Benton) TOTAL INSTALLATION COST Museum voluntarily installed at own cost Museum voluntarily installed at own cost Museum voluntarily installed at own cost $3,493.88 $3,493.88 $4,061.53 $3,493.88 $3,493.88 $3,493.88 $21,530.93 Staff Report: PSAM Sculpture Reimbursement February 28, 2013 Page 3of3 The total fiscal impact of this reimbursement to the Museum is $39,555.93. This amount was not budgeted, as costs were unknown until the sculpture installations were complete. Council approval of staff's recommendation will result in a transfer from the City's Unobligated General Fund. Submitted By: r Steplben Y/Aryrn, Ris Manager Reviewed fr CITY COUNCILLceTION APPROVED DENTED RECEIVED OTHER MEET G DA 4 , f AYES: � ► � 1 '�Z 7 2f!ler' GI Er, q /0/MKT NOES: -C lP ABSENT: LIe- ABSTAIN: m<--�- • VERIFIED BY,• I )OC. Original on File with City/Clerk's Office Paul S. Gibson, it for of Finance/City Treasurer Approved By: Jo . Wohlmuth, City Manager Sculpture Guide Palm Springs Art Museum in Palm Desert The Galen and the Faye Sarkowsky Sculpture Garden The Galen and the Faye Sarkowsky Sculpture Garden at the Pala.) Springs Art Museum in Palm Desert feature significant sculptures surrounded by four acres of beautifully sculpted, rolling terrain. Set in a lushly landscaped desert oasis replete with water features, native plants, and winding walkways dotted with natural rock benches, the sculpture garden houses the art of modern masters, including works by Donald Judd. Betty Gold, Yehiel Sherri, Barry Flanagan, Fletcher Benton. Jesus Bautista Moroles, Dan Namingha, Gio Pomodoro, and Dave McGary. The sculpture garden is open year round with no admission fee. PALM SPRINGS Oft ART MUSEUM IN PALM DE SE RI 72-567 Highway III, Palm Desert. CA 92260 I 760-346-5600 ( psmuseum.org/palm-desert Donald Judd I American, 1928-1994 Untitled, 1988-91—concrete Gift of Bettina and Donald Bryant The geometric vocabulary and clarity of form in this sculpture reflect Donald Judd's Minimalist mastery. Made in the shape of a massive box with walls dividing its interior space, this topographic object interacts with its environment. The play of light upon the surface creates evolving patterns and illusions. Shadows, for example, can make the open end of a box appear to be completely solid and closed. A particularly evocative installation of sculptures from this series occupies a large field in Marfa. Texas, where the box -like forms march across the lands^^— 'n architectural giants. Yehiel Shemi I Israeli, 1922-2003 Morning, 1 975-76—enamel on steel Purchase with funds provided by Lionel R. Bauman in memory of Sylvia D Bauman Shemi was known for his abstract metal sculptures and was the first Israeli artist to have his work purchased by the Museum of Modern Art. New York. Having worked in construction, the artist's early sculptures were made from the steel found in sunken ships in Haifa's harbors. He continued to weld mass-produced iron and scrap metal to create forms of irregular geometry, bold lines, and colorful gestures that confidently extend into space. A contemporary of David Smith. Shemi's monumental work has been described as three-dimensional Constructivist calligraphy Felipe Castaneda 1 Mexican, born 193: Seated Thinking Woman, 1979—bronze Gift of the California Community Foundation Castalieda's sculptures are informed by the harmonious muscularity of modern Mexican masterworks and the classical elegance of European modernism. His representations of indigenous Mexican women are strong and contemplative, whether they stand, recline. or kneel The body is always smooth and perfectly proportioned, its sinuous curves creating beautiful shadows that heighten the figure's pensive posture. Jesus Bautista Moroles I American. born 1956 Lapstrake, 1986—granite Gift of Steve Chase Moroles is known for his monumental granite sculptures whose rough textures and elegant forms express man's interaction with nature. The artists uncle, a master stonemason, taught Moroles how to work with stone at an early age during summers in Mexico. After college he absorbed classical European sculpture traditions while working at a foundry in Italy. The effects of these influences can be seen in Lapstrake. The term refers to a construction method in which planks overlap, but it might also implicitly refer to the aesthetic styles of Precolumbian civilizations as seen in stepped pyramids. interlocking baskets, and weaving. Peter Reginato I American, born 1945 Midnight and Morning Rain. .waiting for Miro. 1984—painted steel Gift of Steve Chase Reginato's jubilantly colorful sculptures recall the lyricism of early twentieth-century modernism and the cartoon -like forms of the pop era. Yet this sculpture is also representative of the expressive, gestural turn in American painting and sculpture of the 1980s. Originally trained as a painter, the artist's sculptures have the spirit of riotous brushstrokes. The color handling reflects Reginato's creative development within New York City's artistic loft culture of the 1970s, while the imperfect surfaces parallel the city's grittiness Dave McGary I American. born 1958 Walks Among the Stars. 2006—bronze with patina and paint Gift of Lisa and Jack McLaine Dave McGary is known for his realistic renditions of Native Americans, and follows a long portrait tradition in American art. This sculpture depicts a late nineteenth-century Lakota woman displaying an heirloom star quilt. As the Indian Wars ended, Northern Plains tribes faced relocation to reservations. and Sioux women made patchwork quilts to replace traditional buffalo robes Today, the star quilt is a symbol of prestige, sentiment. belonging, and status within Lakota culture and remains an integral part of many tribal ceremonies. Dan Namingha I American, Tewa-Hopi, born 195._ Vertical Passage. 1997--bronze with patina Gift of Loren G. Lipson, M.D A prominent Native American painter and sculptor, Namingha is known for his use of Hopi symbolism. This totemic panel is composed of four sections, each an abstracted kachina face shaped by positive and negative geometric spaces. Kachinas are figures of spiritual power, and the number four represents Hopi beliefs about the origins of the world, the fourth world being the current period. The open space that runs through the center is both a rift and a passageway from past to present, ending with vertical lines representing rain falling to the earth. Betty Gold I American. born 1935 MA IV, 2005—enamel on steel Gift of Mr. and Mrs. David Chatkin Gold's oversized sculptures are scaled to the body. and the artist has remained committed to geometric balance throughout her oeuvre. This sculpture was produced after Gold's 2005 retrospective exhibition in Mallorca. The non- representational form's curving shapes point to the artist's roots in the symbol -free Concrete art of the 1930s, and produce a dynamic play between positive and negative space The vibrant yellow color conveys a sense of joy. while the strongly angled edges of the rolled steel jut proudly into the surrounding environment. Fletcher Benton I American. born 1931 Steel Watercolor with Balls. 2000—painted steel Gift of Edith and George Nadler Benton's interest in the illusory qualities of abstract shapes began with his explorations in kinetic sculpture The static steel works of later years, such as this sculpture, retain this energy of movement and hint at the influence of early modern Constructivist abstraction on the artist. Composed of relatively thin bars of welded steel, the towering sculpture maintains a tenuous balance between scale and volume. The curved and bulbous forms at top offset the sculpture's vertical rigidity. Its monumental size is striking in its delicacy and precariously graceful in its construction. and seems to mark a three-dimensional crimson brushstroke in the sky. m m Main Entrance Kenneth Capps I American, born 1939 Rio Hondo. 1973—steel Loan from Royale Protects. Indian Wells 0 Faye Sarkowsky Sculpture Garden Capps emerged from the burgeoning art scene in Southern California in the 1970s with an interest in industrial materials and strong minimalist tendencies Capps began his career making welded steel sculptures such as Rio Hondo The juxtaposition of painted and unfinished elements parallels the architectural quality of balance between geometric forms that the artist seeks in every work Barry Flanagan f We!sit. 1941-2009 Acrobats. 1988—bronze Cott of Donna and Cargill MacMillan Jr Flanagan's work has been characterized by an inventiveness that led the artist to challenge the nature and material of form and its medium. His work contains great energy, a boundless sense of imagination. and a playful humor Flanagan is best known for his dynamic and often monumental bronze hares, which he began casting in 1979 These figures are animated by gestures more human than animal. subtly appropriating such spirited activities as dancing, prancing, and even boxing. They possess an attitude viewers often find psychological and simply ioyous Dennis Gallagher I American. 1952-2009 Ball Suspended. 1993—ceramic Gift of the Dennis Gallagher Estate Gallagher's rough -edged sculpture seems to draw from the concretegray-colored aesthetics of American highways Yet the balanced sphere atop the vertical form has a buoyant quality akin to a cloud in the sky This lightness may be explained by the sculpture's medium ceramic which is a rather unusual material for a large non-figurative work Gallagher's abstract sculptures follow a tradition set by California artists such as Peter Voulkos and Viola Frey who pushed the boundaries of clay as a fine art medium Gio Pomodoro I Italian, 1930-2002 The Crowd, 1963-64--bronze Gift of the Estate of Lionel R Bauman A prominent Italian sculptor and goldsmith, Pomodoro created dynamic. abstract works in both large and small scale —from public art sculptures to jewelry All of his works capture the tension of surfaces. and make visible the energies of space. as in The Crowd The undulating bronze surface can be viewed as a mass of abstract figures. but it also denotes the active flow of air and movement that marks the irregular pathways of moving bodies in space Pt,1 S are we. C.Dliectlnn 01 it*e Pain Spi ngs Art Museum unl€SS Othet N:56 rioted CITY OF PALM DESERT CITY MANAGER'S OFFICE INTEROFFICE MEMORANDUM To: From: Date: Subject: City Council and City Manager Stephen Y. Aryan, Risk Manager February 22, 2013 Lease with the Palm Springs Art Museum There are numerous items concerning the Palm Springs Art Museum-Palm Desert ("The Galen") that will be discussed at the February 28, 2013, City Council meeting. These items are a direct result of a lease agreement the city entered into with the Museum on July 1, 2010. For the benefit of newly elected councilmembers, please find attached a memorandum staff prepared for a study session on this matter last year. This document outlines the anticipated costs to the city as a result of the agreement. The actual "Year Two" costs that were expended in FY 12/13 were lower than anticipated and are outlined below. Should you have any questions on the lease, please feel free to see me and we can further discuss it. "LEASE YEAR TWO" (Movember 2011-November 2012)* Instailation of nine sculptures (up to $10K each patentiapy) Honoraria for nine pieces (@ $2,575 each) 2013 tr�surance Premium (renewed Febru�ar3r 201 �j Repayment for HVAC/Fire Suppression Upgrades Anr�u�l Sculpt�re Main��enance Estimate (10 Sculpturesj Museum is peiforming in-hause and has not determined if they wfll charge us Ongang Maintenance Costs (landscaping, sidewalks, painting, etc) Installatibn of Sculpture Bases and Ligh6ng System {in�ludes change onders) I����,I� COSTS $21,530,93 $23,175.00 $�6,254.00 $40,000.00 $0.00 TBD $171,935.00 �264,890.93 Although the period is different, these cosfs reflect fhose paid in FY 2012/?3 as the Museum did not open until fhe �rst quarter 2012. The City also paid a$10, 000 insurance premium and $8, 930 in deconstruction costs (at our requesf) in FY 11/12 not reflected in the tota/ above. i_.'` `-: __ - �--- y� � —_� STER'HEN Y� ARYAN � RISK MANAGER` Attachments: 1. PSAM LeaSe Agreement 2. Memorandum Dated �,,._' CITY OF PALM DESERT CITY MANAGER'S OFFICE INTEROFFICE MEMORANDUM To: John M. Wohimuth, City Manager From: Stephen Y. Aryan, Risk Manager Date: April 12, 2012 Subject: Palm Springs Art Museum 4ease Analysis On July 1, 2010, the City entered into a lease agreement with the Palm Springs Art Museum (the Museum) concerning the former Visitor Center iocated at 72-567 Highway 111. The foilowing is a breakdown of the fiscal impact associated with this lease. The initial term of the Lease is for five (5) years, commencing November 1, 2010, and ending five years thereafter. The Museum has the option to extend the lease term for five (5) successive five (5) year periods, with the same terms and conditions. There are numerous variables outlined below that would make it difficu{t to p{ace an exact fisca! impact associated with this lease agreement. Staff understands that there will be a maximum of twenty sculptures in the non-exclusive use area at any particular time. Therefore, an approximate estimate of the "Lease Year Two" (November 2011-November 2012) maximum cost would be $181,510, plus the capital improvement project to install the sculpture bases/lighting system and any sculpture, building, and landscape maintenance costs, "Lease Year Three" (November 2012-November 2013) and "Lease Year Four" (November 2013-November 2014) maximum costs would be $86,740 and $94,870 respectively. From "Lease Year Five" (November 2014-November 2015) until the contract conclusion (potentially 25 years) the reoccurring costs would be approximately $131,52Q: $20,000 for the anticipated insurance premium, potentia{ly $100,Q00 per year to remove and install �ve sculptures, and $11,520 for annual sculpture maintenance. The removal and installation of up to five sculptures per year is at the Museum's discretion. They may elect not to do so; however, staff's estimate is based on such action occurring to realize what the maximum potential cost mav be under this lease agreement. Please note that staff will require that the Museum provide invoices for the installation/removal before final payment is made, so that they can be reviewed by the Public Art Coordinator. These reoccurring costs do not take into account any reiated maintenance costs that the City would pay regardless of the building's occupancy. These costs are also a maximum estimate and may not reflect actual expenditures. Again, it was difficult to provide a more accurate number, as variables exist. The Museum and City staff will be able to provide more information on this {ease agreement and answer any questions at the City Council Study Session on April 12, 2012. Please contact me should you have any comments or questions. ...� ', ESTIMATED ANNUAL MAXIMUM LEASE COSTS (ACTUAL COSTS MAY BE LOWER� "LEASE YEAR TWO" (November 2011-November 2012) Instatla#ion of ten scutptures � up tca $10K Honoraria for ten pieces (@ $2,570 each) Insurance for ten pieces Repayment for HVAC/Fire Suppression Upgrades Annuai Sculpture Maintenance Estimate (10 Sculptures) Ongoing Maintenance Costs (landscaping, sidewalks, painting, etc) Installation of Eight (8) �cuipture Bases and Lighting System TOTAL "LEASE YEAR THREE" ( November 2012-November 2013) installation of five sculptures @ up to $'i0K Honoraria #or five pieces (@ $2;620 each) Insurance for fifteen pieces Annual Sculpture Maintenance Estimate (15 Sculptures) Ongoing Maintenance Costs Installation of Five (5) Sculpture Bases and Lighting System TOTAL "LEASE YEAR FOUR'" ( November 2013-November 2014) Installation of five sculptures a� up to $�OK Honoraria for five pieces (@ $2,670 each) Insurance for twenty pieces Annual Sculpture Maintenance Estimate (20 Sculptures) Ongoing Maintenance Costs Installation of Five (5) Sculpture Bases and Lighting System TOTAL "LEASE YEAR FIVE" ( Nov. 2014Nov.2015) - CONCLUSION Inst�llafian/remova! af �ve scutp#ures @ up to $10K for each task Insurance for twenty pieces Annual Sculpture Mainfienance Estimate (20 Sculptures) Ongoing Maintenance Costs TOTAL CITY RESPONSIBILITIES Lease Section 2.3 (page 3} Item Cost (if applicable) Comments Sculptures Up to $10,000 per in�llati�n �„r r�emeval. 2.3 Sculptures TBD - Based on (page 3) specifications provided and is expected to be a si�nificant expenditure. COST $100,000 $25,750 $10,OQ0 $40,000 $5,760 TBD TBD $181,510 COST $50,t700 $13,100 $15,000 $8,640 TBD TBD $86,740 COST ��o,aao $13,350 $20,OA0 $11,520 T�D TBD $94,870 COST $100,000 $20,Q00 $11,520 TBD $131,520 The C�ty is responsibte for the cwst to transport, instail, and ren�o�e �scculptt�res, a►t an ar�nount up to $1�,a00 p/insfaNa#ian or remau�l, as some pieces may c�t fess #o ins#�It. }�t year one a maxirr�um r�f 10 or le�s sc�t�rres in5t�ited and subsequen# years are 5 or iess sculptures. Regarding sculptures, City is responsible for paying installation costs of sculpture bases/foundations, lighting, cleaning & onaoinq maintenance. � CITY RESPONSIBILITIES (continued) Lease Item Cost (if applicable) Comments Section Z3 Honorar�um $2�575 per pieae (t� Th�s one time t�rwrarium increases by $50 (page 3) 2p pie�es on the annive�ry of the Comrrtenc�ment Date each year. $o subs�aquent years will h�ve slightfy higher costs. The lease calis for an initlal maacimum of 20 honoraria. 2.3 (page 3) 5.2 �pa9$ ?) 5.4 iPa9e $) 6.2 (page 10) s (page 14) Landscape n/a-Already incurred Maintenance cost tessar's Up to $40,040 pfus Obtigation fi,tture maintenance responsibrtities. Ownership Property insurance Utilities & Services City is s#ill responsible for ai! landscape maintenance, landscaping, and other maintenance, cleaning/trash remova4, irrigation and other related expenses to mairitain the Gardens and Carriage Lane (current level o# maintenance). The City is responsibte for paying to r�etrofrt the fire pr�te+�tion system ar�d HVAC to meet the M�.++seum's standards at a cost of up to $20,,0�+0 each. The City is re�ponsible ma�ntafn and rep}ace i# r�eeded, the roof, roof dcain,�ge, s�#ar, ar�i the HVAC system, fire pro#ec#ion systems, e�cterior pa�n#ing, and e�erior roadways, parkways, paihways, and sidewalks. n/a Any utility instaliations (e.g. floor/window coverings, vacuum lines, power panels, security/fire protection systems, etc) and alterations will become the City's property upon lease termination/expiration. The City may opt to have the Museum remove such items. Current Premium for Non-ex�lusRue Area Ac#�nrork is $"�p,000 far ten s�lptures. Add�ionat scutptures wiii increas�s #his pre�rtium based on their iut! repta�ament cost and ur�d+�n�rri�ter ARr�i�tSIS. Cannot be determined The C�ty is responsible for covering property insurance for the buikfir�g and the nonexctusive use area is c�vered not only for Gerterail Liabft�t C4ver�ge, bWt the fuH r�eplacement cast ofi the pr�mises and anv stat�sa,ry gr a#h�c art�na�rl� in the non- exctusive use area. �"t�e insurance premium is a reoccurirtriq ar�n�al aost. The City is required to compensate the Museum for any increased electricity cost to the building ar�sing from the reduced efficiency of the solar paneis. MUSEUM RESPONSIBILITIES Lease Item Cost (if appiicable) Section 1.5 Base Rent $1.00 p/year (page 1 } 2.9 Letting (Page 2) 5.9 Lesse�e's jpage S) t3bligation 5.1 Service (page 6) Contracts 9 Ut�iities {page �l�4� Services Exhibit C Lease (pg. C-1 � Terms Fachibit C Lease {pg. C-2) Terms Exhibit C Lease (pg. C-2) Terms nia-supervision Maintenance Costs Service Contracts & n/a CAM Charges-$715.58 & Interior Maintenance Real Praperty 7axes Resident Benefit Package ..,y Comments Lease is fo�r a fi�r+e year term comn�encing 11/1/10, with the Museum having an option to extend it for �ve suraessive 5 year periods (25 years). The Mt�seum �n terminate the lease with 365 days notice. The City Can terminate for breach of Contract. The Museum is responsible for managing and supervising the Eric Johnson Memorial Gardens (sculpture Garden, Plaza, Multi- sensory Garden, & Carriage Lane an a non- exclusive use basis. Museum is responsibie for pturnb�ng, electrical, lighting f�ci)ities, bt�ilers, presswr� vesseis, fixtures, waiis {interi�r/exterior), ceiGngs, #foors, windows, doors, piate gl�ss, and �igns located on the premises. 7hey are also responstble for any security system wpgr�des to the premises. Museum sha!! maintain services contracts for the boiler/pressure vessels, clarifiers, basic utility feed, and any o#her equipment that is their responsibility. The Museum is res�ns�ble tc� pay alt water, gas, heat, tight, p�wer, te{ephone, trash disposal, and other u#ii�ies and services swpplied to the premis�s. The Museum shall pay the current Community Area Maintenance charge and is responsible for interior janitorial maintenance. Bath City and Museum are properiy tax exempt entities, but any rQal es#ate taxes or assessmen# against �e �mises, will be the Museum's responsibility to p�y. Residents will receive a special benefit package. No details were provided on what this package entaiis. � Attachments: Lease Agreement & Museum Required Operating Days cc: City Council Justin McCarthy, Assistant City Manager Paul S. Gibson, Director of Finance Mark Greenwood, Public Works Director Lauri Aylaian, Community Development Director Deborah Schwartz, Public Art Coordinator � r'` PAl.M SPRINGS ART MllS�UM 'h; P{lLM JES�RT OPERATING DAYS PER THE LEASE AGREEMENT Days Open-Season Six (6) days a week from November 1st-May 31st / Tuesday-Sunday (holidays excepted) Days Open-Off Seasan Three (3) days a week from June 1st-October 31st / Friday-Sunday (holidays excepted) ; � deductible amount in the event of an Insured Loss caused by Lessee or Lessee's employees, agents, customers, or invitees. 6.3 Lessee's Property. (a) Property Damage. Lessee shall obtain and maintain ins�uance coverage on all of Lessee's personal property, Trade Fixtures, and Lessee Owned Alterations, Utility Installations, Statuary (except statuary located in the Nonexclusive Use Areas), Art, etc. owned or on loan to Lessee. Such insurance shall be full replacement cost coverage with a deductible of not to exceed $1,OU0 per occurrence. The proceeds from any such insurance shall be used by Lessee for the replacement of personal property, Trade Fixtures and Lessee Owned Alterations and Utility Installations. Lessee shall provide Lessor with written evidence that such insurance is in foroe. (b) No Representatiun of Adequate Coverage. Lessor makes no representation that the limits or forms of coverage of insurance specified herein are adequate to cover Lessee's property, business operations or obligations under this Lease. 6.4Insurance Policies. Insurance required of Lessee herein shall be by companies duly licensed or admitted to transact business in the state where the Fremises are located, and maintaining during the policy term a"General Policyholders Rating" of at least B+, V, as set forth in the most current issue of "Best's Insurance Guide", or such other rating as may be required by a Lender. Lessee shall not do or perrnit to be done anything which invalidates the required insurance policies. Lessee shall, prior to the Commencement Date, deliver to Lessor certified copies of policies of such insurance or certificates evidencing the existence and amounts of the required insurance. Na such policy shall be cancelable or subject to modification except after 30 days prior written norice to Lessor. Lessee shall, at least 30 days prior to the expiration of such policies, furnish Lessor with evidence of renewals or "insurance binders" evidencing renewal thereof, or Lessor may order such insurance and charge the cost thereof to Lessee, which amount shall be payable by Lessee to Lessor upon demand. Such policies shall be for a term of at least one (1) yeaz, or the length of the remaining term of this Lease, whichever is less. If either Party shall fail to procure and maintain the insurance r�quired to be carried by it, the other Party may, but shall not be required to, procure and maintain the same. Insurance requirements shall be reviewerl every three years to ensure that all coverages are commercia(ly reasonable. 6.5 Waiver of Snbrogation. Without affecting any ather rights or remedies, and unless otherwise required herein, Lessee and Lessor each hereby release and relieve the other, and waive their enrire right to recover damages against the other, for loss of or damage to its property arising out of or incident to the perils required to be insured against herein. 'Tlze effect of such releases and waivers is not limited by the amount of insurance carried or required, or by any deductibles apglicable her�to. The Parties agree to have their respective property damage insurance carriers waive any right to subrogation that such companies may have against Lessor or Lessee, as the case may be. � 6.6Indemnity. Except for Lessor's gross negligence or willful misconduct, Lessee shall indemnify, protect, defend and hold harmless the Premises, Lessor and its agents, Lessor's master or ground lessor, partners and Lenders, from and against any and all claims, loss of rents I1 Palm Springs Art Musewn, Palm Desen Leffie 7/2/2010 'i and/or damages, liens, judgments, penalties, attorneys' and consultants' fees, expenses and/or liabilities arising out of, involving, or in connection with, the use and/or occupancy of the Premises by Lessee. If any action or proceeding is brought against Lessor by reason of any of the foregoing matters, Lessee shall upon notice defend the same at Lessee's expense by counsel reasonably satisfactary to Lessor and Lessor shall cooperate with Lessee in such defense. Lessor need not have first paid any such claim in order to be defended or indemnified. 6.7 Exemption of Lessor from Li�bility. 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, donors, or any other person at 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, plurnbing, HVAC or lighting fixtures, or from any other cause, whether the said injury or damage results from conditions arising upon the Premises or upon other portions of the building of which the Premises are a part, or from other sources or places, and whether caused by Lessor's active negligence, passive negligence, or failure to perform its maintenance obligations. Notwithstanding Lessor's negligence or breach of this Lease, Lessor shall under no circumstances be liable for injury to Lessee's business or for any loss of income or pmfit therefrom. 7. Damage or Destruction. 7.1 De�nitions. (a) "Premises Partial Damage" shall mean damage or destruction to the improvements on the Premises, other than Lessee Owned Alterations and Utility Installations, which can reasonably be repaired in six (6) months or less from the date of the darnage or destruction. Lessor shall notify Lessee in writing within thirty (30) days from the date of the dama�e or destruction as to whether or not the damage is Partial or Total. (b) "Premises Total Destruction" shall mean damage or destruction to the Premises, other than Lessee Owned Alterations and Utility Installations and Trade Fixtures, which cannot reasonably be repaired in 6 months or less from the date of the damage or destruction. Lessor shall natify Lessee in writing within thirty (30) days from the date of the damage or destrucrion as to whether or not the damage is Partial or Total. (c) "Insnred Loss" shall mean damage or destruction to improvements on the Premises, other than Lessee Owned Alterations and Utility Installations and Trade Fixtures, which was caused by an event required to be covered by the insurance described in Paragraph 6.2, irrespective of any deductible amounts or coverage limits invalved. (d) "Replacement Cost" shall mean the cost to repair or rebuild the improvements owned by Lessor at the time of the occurrence to their condition existing immediately prior thereto, including demolition, debris removat and upgrading required by the operation of Applicable Requirements, and without deduction for depreciation. (e) "Hazardous Substance Condition" shall mean the occurrence or discovery of a condition involving the presence of, or a contamination by, a Hazardous r 12 ,` Palm Spnngs Art Museum. Palm ikseri Lease 7/2/2010 Substance as defined in Paragraph 4.2(a), in, on, or under the Premises which requires repair, remediation, or restoration. 7.2 Partial Damage - Insured Loss. If a Premises Partial Damage that is an Insured Loss occurs, then Lessor shall, at Lessor's expense, repair such damage (but not Lessee's Trade Fixtures or Lessee Owned Alterations and Utility Installations} as soon as reasonably possible and this Lease shalt continue in full force and effect; provided, however, that Lessee shall, at Lessor's election, make the repair of any damage or destruction the total cost to repair of which is $10,000 or less, and, in such event, Lessor shall make any applicable insurance proceeds available to Lessee on a reasonable basis for that purpose. Notwithstanding the foregoing, if the required insurance was not in %rce or the insurance proceeds are not sufficient to effect such repair, Lessor shall promptly contribute the shortage in proceeds (except as to the deductible which is Lessee's responsibility) as and when required to cornplete �said repairs. In the event, however, such shortage was due to the fact that, by reason of the unique natwe of the impmvements, full replacement cost insurance coverage was not commercially reasonable and available, Lessar shall have no obligation to pay for the shortage in insurance proceeds or to fully restore the unique aspects of the Premises unless Lessee provides Lessor with the funds to cover same, or adequate assurance thereof, within ten (10) days following receipt of written notice of such shortage and request therefor. If Lessor receives said funds or adequate assurance thereof within said ten (10) day period, the party responsible for making the repairs shall complete them as soon as reasonably possible and this Lease shall remain in full force and effect. If such funds or assurance are not received, Lessor may nevertheless elect by written notice to Lessee within ten {10) days thereafter to: (i) make such restoration and repair as is commercially reasonable with Lessor paying any shortage in proceeds, in which case this Lease shall remain in full force and effect, or (ii} have this Lease terminate thirty (30) days thereafter. Lessee shall not be entided to reimbursement of any funds contributed by Lessee to repair any such damage or destruction. Premises Partial Damage due to flood or earthquake shall be subject to Paragraph 7.3, notwithstanding that there may be some insurance coverage, but the net proceeds of any such insurance shall be made available for the repairs if made by either Pariy. 73 Partial Damage - Uninsured Loss. If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's expense, in which event this Lease shall continue in full fo�r^�e and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30} days after receipt by Lessor of knowledge of the occurrence af such damage. Such terttunation shall be effective sixty (60) days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) days after receipt of the termination notice to give written notice to Lessor of Lessee's commitrnent to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice. 13 Psim Springs Art Muscum, Pelm Desert Lease 7/2/2010 7.4 Total Destruction. Notwithstanding any other provision hereof, if a Premises Total Destruction occurs, this Lease shall terminate sixty {60) days following such Destruction. If the damage or destruction was caused by the negligence or willful misconduct of Lessee, Lessor shall have the right to recover Lessor's damages from Lessee, except to the extent actually covered by insurance. 7.5 Lessee's Remedies. If Lessor shall be abligated to repair or restore the Premises and does not commence, in a substantial and meaningful way, such repair or restoration within ninety {9Q} days after such obligation shall accrue, Lessee may, at any time prior to the commencement of such repair or restoration, give written notice to Lessor and to any Lenders of which Lessee has actual notice, of Lessee's election to terminate this Lease on a date not less than sixty (60) days following the giving of such notice. If Lessee gives such notice and such repair or restoration is not commenced within thirty (30) days thereafter, this Lease shall terminate as of the date specified in said notice. If the repair or restoration is commenced within such thirty (30) days, this Lease shall continue in full force and effect. "Commence" shall mean either the unconditional authorization of the preparation of the required plans, or the beginning of the actual work on the Premises, whichever first occurs. 8. Taxes. Unless Lessee is exempt from such ta�tes, Lessee shall pay, prior ta delinquency, all possessory interest taxes assessed on Lessee's interest under this Lease, taxes assessed against and levied upon Lessee Owned Alterations, Utility Installations, Trade Fixtures, furnishings, equipment and all personal property of Lessee. When possible, Lessee shall cause its Lessee Owned Alteratians and Utility Installations, Trade Fixtures, furnishings, equipment and all other personal property to be assessed and billed separately from the real property of Lessor. If any of Lessee's said propetty shall be assessed with Lessor's real property, Lessee shall pay Lessor the taxes attributable to Lessee's property within ten (14) days af�er receipt of a written statement setting forth the taxes applicable to Lessee's property. Lessee is currently a tax-exempt entity. 9. Utilities and Services. Lessee shall pay for all dorrtestic water, gas, heat, light, power, telephone, trash disposal and other utilities and services supplied to the Premises, together with any taxes thereon. If any such services are not separately metered or billed to I.essee, Lessee shall pay a reasonable proportion, to be determined by Lessor, of all charges jointly metered or billed. Lessor shall not be liable in any respect whatsoever for the inadequacy, stoppage, interruption or discontinuance of any utility or service due to riot, strike, labor dispute, breakdown, accident, repair or other cause beyond Lessor's reasonable control or in cooperation with governmental request or directions. Notwithstanding the foregoing, Lessor shall compensate Lessee for any increased cost of electricity to the Building arising from the reduced e�ciency of the solaz panels at the Building. Lessor and Lessee shall cooperate in agreeing on an appropriate formula for the calculation of such reduced efficiency and corresponding increased cost of electricity. In addition, Lessor shall bear the cost of maintaining and reptacing when necessary, both the HVAC and solaz systems at the Premises. Defective soIar panels wili be replaced by Lessor when necessary with comparable or better panels. 14 Palm Springs Art Museum, Paim besert L.eese 7!2/2010 , 1 10. Assignment and Subietting. 10.i Lessor's Consent Required. (a) Lessee shall not votuntarily or by operation of law assign, transfer, mortgage or encumber (collectively, Kassign or assigament"} or sublet all or any part of Lessee's interest in this Lease or in the Premises withaut Lessor's prior written consent, which may be withheld in Lessor's sole and absolute discretion. (b) An assignment or subletting without consent shall, at Lessor's option, be a Default curable after notice per Paragraph 11.1(c), or a noncurable Breach without the necessity of any notice and grace period. If Lessor elects to treat such unapproved assignment or subletting as a noncurable Breach, Lessor may terminate this Lease. 11. Default; Breach; Remedies. 11.1 Default; Breach. A"Default" is defined as a failure by the Lessee to compl� with or perform any of the terms, covenants, conditions or Rules and Regulations under this Lease. A "Breach" is defined as the occurrence of one or more of the following Defaults, and the failure of Lessee to cure such Default within any applicable grace period: (a) The failure of Lessee to remain open to the public and to maintain an art collection as required by the Agreed Use. (b) The vacating of the Premises without providing a commercially reasonable level of security, or where the coverage of the property insurance described in Paragraph 6.2 is jeopardized as a result thereof. (c) The failure by Lessee to provide {i) reasonable written evidence of compliance with Applicable Requirements, (ii) the service contracts, (iii} the rescission of an unauthorized assignment ar subletting, (iv) an Estoppel Certificate, (v) a requested subordinadon, (vi) any material documentation or information which Lessor may reasonably require of Lessee under the terms of this Lease, where any such failure continues for a period of thirty (30) days follawing written notice to Lessee. (d) A Default by Lessee as to the terms, covenants, conditions or provisions of this Lease, or other than those described in subparagraphs 11.1(a), or (b}, above, where such Default continues for a period of thirty (30) clays after written notice; provided, however, that if the nature of Lessee's Default is such that more than thirty (30) days are reasonably required for its cwe, then it shall not be deemed to be a Breach if Lessee commences such cure within said thirty {30) day period and thereaftez diligently prosecutes such cure to completion. (e) The occurrence of any of the following events: (i} the making of any general arrangement or assignment for the benefit of creditors; (ii) becoming a Kdebtor" as defined in 11 U.S.C. §141 or any successor statute thereto (unless, in the case of a perition filed against Lessee, ihe same is dismissed within 60 days); (iii) the appointment of a trustee or receiver to take possession of substantially all of Lessee's assets located at the Premises or of Lessee's interest in this Lease, where possession is not restored to Lessee within thirty (34) days; 15 Palm Springs Art Museum. Paim Desert Lease 7/2/2010 or (iv) the attachment, execution or other judicial seizure of substantially all of Lessee's assets located at the Premises or of Lessee's interest in this Lease, where such seizure is not discharged within thirty (30) days; provided, however, in the event that any provision of this subparagraph (d) is contrary to any applicable law, such provision shall be of no force or effect, and not affect the validity of the remaining provisions. 1 t.2 Remedies. If Lessee faiis to perform any of its affirmarive duties or obligations, within thirty (30) c�ays after written notice (or in case of an emergency, without norice), Lessor may, at its option, perform such duty or obligation on Lessee's behalf, including but not limited to the obtaining of reasonably required bonds, insurance policies, or governmental ]icenses, permits or approvals. Lessee shall pay to Lessor an amount equal to 115% of the costs and expenses incwred by Lessor in such performance upon receipt af an invoice therefor. In the event of a Breach, Lessor may, with or without further notice or demand, and without limiting Lessor in the exercise of any right or remedy which Lessor may have by reason of such Breach: (a) Terminate Lessee's right to possession of the Premises by any lawfui means, in which case this Lease sha(1 terminate and Lessee shall immediately surrender possession ta Lessor. In such event Lessor shall be entitled to recaver from Lessee: (i) the unpaid Rent which had been earned at the time of terminatian; (ii) the worth at the time of award of the amount by which the unpaid rent which wauld have been earned after termination until the time of awazd exceeds the amount of such rentat loss that the Lessee proves could have been reasonably avoided; (iii) the worth at tiie time of award of the amount by which the unpaid rent for the balance of the term after the time of awazd excceds the amount of such rental loss that the Lessee proves could be reasonably avoided; and (iv) any other amount necessary to compensate Lessor for all the detriment proximately caused by the Lessee's failure to perform its obligations under this Le�se or which in the ordinary course of things would be likely to result therefram, including but not limited to the cost of recovering possession of the Premises, expenses of reletting, including necessary renovation and alteration af the Premises, reasonable attorneys' fees, and that portion of any leasing commission paid by Lessor in connection with this Lease applicable to the unexpired term of this Lease. The worth at the time of award of the amount referred to in provision (iii} af the immediately preceding sentence shall be computed by discounting such amount at the discount rate of the Federal Reserve Bank of the District within which the Premises are located at the time of award plus one percent. Efforts by Lessor to rnitigate damages caused by Lessee's Breach of this Lease shal[ not waive Lessor's right to recover damages. If temiinatian of this Lease is obtained through the provisional remedy of unlawful detainer, Lessor shall have the right to recover in such proceeding any unpaid Rent and damages as are recoverable therein, ar Lessor may reserve the right to recover all or any part thereof in a separate suit. If a norice and grace period required under Paragraph 11.1 was not previously given, a notice to pay rent or quit, or to gerform or quit given to Lessee r�nder the unlawful detainer statute shall also constitute the notice required by Paragraph l 1.1. In such case, the applicable grace period required by Paragraph I 1.1 and the unlawful detainer statute shall run concurrently, and the failure of Lessee to cure the Default within the greater of the two such grace periods shall constitute both an unlawful detainer and a Breach of this Lease entitling Lessor to the remedies provided for in this Lease ancUor by said statute. (b) Continue the Lease and Lessee's right to possession and recover the Rent as it becames due, in which event Lessee may sublet or assign, subject orily to reasonable 16 Palm Springs Art Muuum Palm Desen Le�se 7/22010 . , limitations. Acts of maintenance, efforts to relet, and/or the appointment of a receiver to protect the Lessor's interests, shall not constitute a termination of the Lessee's right to possession. (c) Pursue any other remedy now or hereafter available under the laws or judicial decisions of the state wherein the Premises are located. The expiration or termination of this Lease and/or the tercnination of Lessee's right to possession shall not relieve Lessee from liability under any indemnity provisions of this Lease as to matters occurring or accruing during the term hereof or by reason of Lessee's occupancy of the Premises. 11.3 Interest. Any monetary payment due Lessor hereunder, charges, not received by Lessor, when due, shali bear interest ftom the date when due, as to scheduled payments, or the 31st day after it was due as to non-scheduled payments. The interest ("Interest") charged shall be computed at the rate of ten percent (10%) per annum but shall not exceed the maximum rate altowed by law. 11.4 Breach by Lessor. Lessor shall not be deemed in breach of this Lease unless Lessor fails within a reasonable time to perform an obligation required to be performed by Lessor. For purposes of this Paragraph, a reasonable time shall in no event be less than thirty (30) days after receipt by Lessor, and any Lender whose name and address shall have been furnished Lessee in writing for such purpose, of written notice specifying wherein such obligation of Lessor has not been performed; provided, however, that if the nature of Lessor's obligation is such that more than thirty (30) days are reasonably reyuired for its performance, then Lessor shall not be in breach if performance is commenced within such thirty (30) day period and thereafter diligently pursued to complerion. 12. Condemnation. If the Premises or any portion thereof are taken under the power of eminent domain or sold under the threat of the exercise of said power (collectively "Condemnation"), this Lease shall terminate as to the part taken as of the date the condemning authority takes title ar possession, whichever first occurs. If more than 10% of the Building, or more than 25% of that portion of the Premises not occupied by any building, is taken by Condemnation, Lessee may, at Lessee's option, to be exercised in writing within ten (10) days after Lessor shall have given Lessee written notice of such taking (or in the absence of such notice, within ten (10) days after the condemning authority shall have taken possession) ternunate this Lease as of the date the condemning authority takes such possession. If L.essee does not terminate this Lease in accordance with the foregoing, this Lease shall remain in full force and effect as to the portion of the Premises remaining, except that the Base Rent shall be reduced in proportion to the reduction in utility of the Premises ca.used by such Condemnation. Candemnation awards and/or payments shall be the property of Lessor, whether such award shall be made as compensation for diminution in value of the leasehold, the vatue of the part taken, or for severance damages; provided, however, that Lessee shall be entided to any compensation for Lessee's relocation expenses, loss of business goodwill andlor Trade Fixtures, withaut regard to whether or not this Lease is terminated pursuant to the provisions of this Paragraph. All Alterations and Utility Installations made to the Premises by Lessee, for purposes of Condemnation only, shall be considered the pmperty of the Lessee and Lessee shall be enfitled to any and all cornpensation which is payable therefor. In the event that this Lease is not terminated by reason of the Condemnation, Lsssor shall repair any damage to the Premises caused by such Condemnation. 17 Palm 3prings Art Museum Palm Desert Lease 7l2/2010 13. Representations and Inde�nnities of Broker Rel�tinnships. Lessee and Lessor each represent and warrant to the other that it has had no dealings with any real estate broker, salesperson or finder in connection with this Lease. Lessee and Lessor do each hereby agree to indemnify, protect, defend and hold the other harmless from and against liability for compensation or charges which may be claimed by any such broker, salesperson, finder or other similar party by reason of any dealings or actions of the indemnifying Party, including any costs, expenses, attorneys' fees reasonably incurred with respect thereto. i4. EstoPpel Certiticates. If Lessor desires to finance, refinance, or sell the Premises, or any part thereof, Lessee shall detiver to any potential lender or purchaser designated by Lessor such estoppet statement and financial statements as may be reasonably required by such lender or purchaser. 1S. Definition of Lessor. The term "Lessor" as used herein shall mean the owner or owners at the time in question of the fee title to the Premises, or, if this is a sublease, of the Lessee's interest in the prior lease. Subject to the foregoing, the obligations and/or covenants in this Lease to be performed by the Lessor shall be binding only upon the Lessor as hereinabove defined. 16. Severability. The invalidity of any provision of this Lease, as determined by a court of cornpetent jurisdiction, shall in no way affect the validity of any other provision hereof. 17. Days. Unless otherwise specifically indicated to the contrary, the word "days" as used in this Lease shall mean and refer to calendar days. 18. Limitation on Liability. The obligations of Lessor and Lessee under this Lease shall not constitute personal obligations of Lessor or Lessee or its board members, directors, officers or employees. Lessee shall look to the Premises, and to no other assets of Lessor, for the satisfaction of any liability of Lessor with respect to this Lease, and shall not seek recourse against Lessor's board members, directors, officers or employees, or any of their personal assets for such sarisfaction. 19. No Prior or Other Agreements; Broker Disclsimer. This Lease contains all agreements between the Parties with respect to any matter mentioned herein, and no other prior or contemporaneous agreement or understanding shall be effec6ve. Z0. Notices. 20.1 NoNce Requirements. All norices required or pemutted by this Lease or applicable law shall be in writing and may be delivered in person (by hand or by courier) ar may be sent by regular, certified or registered mail or U.S. Postal Service Express Mail, with postage prepaid, or by facsimile transmission, and shall be deemed sufficiently given if served in a manner specified in this Paragraph. The addresses noted adjacent to a Party's signature an this Lease shall be that Party's address for delivery or mailing of notices. Either Party may by written notice to the other specify a different address for notice, except that upon Lessee's taking possession of the Premises, the Premises shall canstitute Lessee's address for notice. A copy of all notices to Lessor shall be concurrently transmitted to such party or parties at such addresses as Lessor may from time to time hereafter designate in writing. 18 Pelm Springs Art Museum. Palm Desert Lease 7/2/2010 20.2 Date of Notice. Any notice sent by registered or certified mail, return receipt requested, shall be deemed given an the date of delivery shown an the receipt card, or if no delivery date is shown, the postmark thereon. If sent by regular mail the notice shall be deemed given 48 hours after the same is addressed as required herein and mailed with postage prepaid. Notices delivered by United States Express Mail or overnight courier that guarantee next day delivery shall be deemed given 24 hours after delivery of the same to the Postal Service or courier. Notices transmitted by facsimile transmission or similar means shall be deemed delivered upon telephone confirmatian of receipt (con�rmation report from fax machine is sufficient), provided a copy is also delivered via delivery or mail. If notice is received on a Saturday, Sunday or legal holiday, it shall be deemed re�eived on the next business day. 21. Waivers. No waiver by Lessor of the Default or Breach of any tertn, covenant or condition hereof by Lessee, shall be deemed a waiver of any other term, covenant or condition hereof, or of any subsequent Default or Breach by Lessee of the same or of any other term, covenant or condition hereof. Lessor's consent to, or approval of, any act shall not be deemed to render unnecessary the obtaining of Lessor's consent to, or approval of, any subsequent or similar act by Lessee, or be construed as the basis of an estappel to enforce the provision or provisions of this Lease requiring such consent. The acceptance of Rent by Lessor shall not be a waiver of any Default or Breach by Lessee. Any payment by Lessee may be accepted by Lessor on account of moneys or damages due Lessor, notwithstanding any qualifying statements or conditions made by Lessee in connection therewith, which such statements and/or conditions shall be of no force or effect whatsoever unless specifically agreed to in writing by Lessor at or before the time of deposit of such payment. 22. No Right To Holdover. Lessee has no right to retain possession of the Prernises or any part thereof beyond the expiration or ternunarion of this Lease. Nothing contained herein shall be construed as consent by Lessor to any holding over by Lessee. 23. Cumulative Remedies. No remedy or election hereunder shall be deemed exclusive but shall, wherever possible, be cumulative with all other remedies at law or in equity. 24. Covenants and Conditious; Construction of Agreement. All provisions of this Lease to be observed or performed by Lessee are both covenants and conditions. In conshving this L.�ase, all headings and titles are for the convenience of the Parties only and shall not be considered a part of this Lease. Whenever required by the context, the singular shall include the plurat and vice versa. This Lease shall not be consrtrued as if prepared by one of the Parties, but rather according to its fair meaning as a whole, as if both Parties had prepared it. 25. Binding Effect; Choice of Law. This Lease shall be binding upon the Parties, their personal representatives, successors and assigns and be governed by the laws of the State of Califomia. Any litigation between the Parties hereto conceming this Leasa shall be ini#iated in Riverside County. 26. Waiver of Jnry Trial. THE PARTIES HEREBY WAIVE THEIR RESPECTIVE RIGHTS TO TRIAL BY JURY IN ANY ACTION OR PRUCEEDING INVOLVING THE PROPERTY OR ARISING OUT OF THIS AGREEMENT. 19 Paim Springs Art Museum Pa�m Desen Lease 7/2/2010 27. Attorneys' Fees. If any Party brings an action or proceeding involving the Premises whether founded in tort, contract or equity, or to declare rights hereunder, the Prevailing Party (as hereafter defined) in any such proceeding, action, or appeal thereon, shall be entitled to reasonable attorneys' fees. Such fees may be awarded in the same suit or recovered in a separate suit, whether or not such action or proceeding is pursued to decision or judgment. The term, KPrevailing Party" shall include, without limitation, a Party who substanrially obtains or defeats the relief sought, as the case may be, whether by compromise, settlement, judgment, or the abandonment by the other Party of its claim or defense. The attorneys' fees award shalt not be computed in accordance with any court fee schedule, but shall be such as to fully reimburse all attorneys' fees reasonably incurned. In addition, Lessor shalt be entitted to attorneys' fees, costs and expenses incurred in the preparation and service of notices of Default and consultations in connection therewith, whether or not a legal actian is subsequently commenced in connection with such Default or resulting Breach ($200 is a reasonable minimum per occurrence for such services and consultation). 28. Lessor's Access; Showing Premises; Repairs. Lessor and Lessor's agents shall have the right to enter the Premises at any time, in the case of an ernergency, and otherwise at reasonable times after reasonable five days prior notice for the purpose of showing the same to prospective purchasers, lenders, or tenants, and making such alterations, repairs, irnprovements or additions to the Premises as Lessar may deem necessary or desirable and the erecting, using and maintaining of utilities, services, pipes and conduits through the Premises and/or other premises as long as there is no material adverse effect to Lessee's use of the Premises. All such acrivities shall be without abatement of rent or liability to Lessee. 29. Signs. All exterior and off-premises signage shall require prior approval by Lessor. 30. Termination; Merger. Unless specifically stated otherwise in writing by Lessor, the voluntary or other surrender of this Lease by Lessee, the mutual termination or cancellation hereaf, or a terminarian hereof by Lessor for Breach by Lessee, shall automatically terminate any subleass or lesser estate in the Premises; provided, however, that Lessor may elect to continue any one or all existing subtenancies. Lessor's failure within ten (10) days following any such event to elect to the contrary by written notice to the holder of any such lesser interest, shall constitute Lessor's election to have such event constitute the termination of such interest. 31. Consents. Except as otherwise provided herein, wherever in this Lease the consent of a Party is required to an act by or for the other Party, such consent shall not be unreasonably withheld or delayed. Lessor's actual reasonable costs and expenses (including but not limited to azchitects', attorneys', engineers' and other consultants' fees) incurred in the consideration of, or response to, a request by Lessee for any Lessor consent to an assignment, a subletting or the presence ar use of a Hazardous Substance, shall be paid by Lessee upon receipt of an invoice and supporting documentation therefar. Lessor's cons�nt to any act, assignment or subletting shall not constitute an acknowledgment that no Default or Breach by Lessee of this Lease exists, nor shall such consent be deemed a waiver of any then existing Default or Breach, except as may be otherwise specificaily stated in writing by Lessor at the time of such consent. The failure to specify herein any particular condition to Lessor's consent shall not preclude the impasition by Lessor at the time of consent of such further or other conditions as are then reasonable with reference to the particular matter for which consent is being given. In the event that either Party 20 PNm Springs Arl Museom. Palm Desert Lease �R/20I0 disagrees with any determination made by the other hereunder and reasonably requests the reasons for such determination, the determining party shall furnish its reasons in writing and in reasonable detail within ten (10) business days following such request. 32. Quiet Possession. Subject to performance by Lessee of all of the covenants, conditions and provisions on Lessee's part to be observed and performed under this Lease, Lessee shall have quiet possession and quiet enjoyment of the Premises during the term hereof. 33. Security Measures. Lessee hereby acknowledges that the Rent payable to Lessor hereunder dces not include the cost of guard service or other security measures, and that Lessor shall have no obligation whatsoever to provide same. Lessee assumes all responsibility for the protection of the Premises, Lessee, its agents and invitees and their property from the acts of third parties. 34. Reaervations. Lessor reserves to itself the right, from time ta time, to grant, without the consent or joinder of Lessee, such easements, rights and dedications that Lessor deems necessary, and to cause the recordation of parcel rnaps and restrictions, so long as such easements, rights, dedications, maps and restrictions do not conflict with any of the provisions of this lease or unreasonably interfere with Lessee's use of the Premises, Sculpture Garden, Multi- Sensory Gardens, Plaza, exclusive parking spaces and Carriage Lane by Lessee. Lessee agrees to sign any documents reasonably requested by Lessor to effectuate any such easement rights, dedication, map or restrictions. 35. Performance Under Protest. If at any time a dispute shall arise as to any amount or sum of money to be paid by one Party to the other under the pmvisions hereof, the Party against whom the obligation to pay the money is asserted shall have the right to make payment "under protest" and such payment shall not be regarded as a voluntary payment and there shall survive the right on the part of said Party to institute suit for recovery of such sum. If it shall be adjudged that there was no Iegal obligation on the part of said Party to pay such sum or any part thereof, said Party shall be entided to recover such sum or so much thereof as it was not legally required to pay. 36. Authority; Maitiple Parties; Execution. (a) Each individual execudng this Lease on behalf of Lessee represents and warrants that he or she is duly authorized to execute and deliver this Lease on its behalf, and Lessee shall deliver to the Lessor sarisfactory evidence of such authority. (b) This Lease may be executed by the Parties in counteiparts, each of which shall be deemed an original and all of which together shall constitute one and the same instrument. 37. Amendments. This Lease may be modified only in writing, signed by the Parties in interest at the time of the modification. As long as they do not materially change Lessee's abligations hereunder, Lessee agrees to make such reasonable non-monetary modifications to this Lease as may be reasanably required by a Lender in connection with the obtaining of normal financing or refinancing of the Premises. zi Palm Springs Art Museum, Palm Desen Lease 7/2/2010 38. Americans with DisabiliHes Act. Since compliance with the Americans with Disabilities Act (ADA) is dependent upon Lessee's specific use of the Premises, Lessor makes no warranty or representation as to whether or not the Premises comply with ADA or any similar legislation. In the event that Lessee's use of the Premises reyuires modifications or additions to the Premises in order to be in ADA compliance, Lessee agrees to make any such necessary modifications and/or additions at Lessee's expense. 39. 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 af persons, on account of race, color, creed, religian, sex, marital status, national origin, or ancestry, in the leasing, subleasing, transferring, use, occupancy, tenure, or enjoyrnent of the premises herein leased nor shali the Lessee himself, or any person claiming under or through him or her, 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, subiessees, subtenants, or vendees in the premises herein leased. 40. Memorandum of Lease. Upon written request by Lessor, Lessee shall execute, acknowledge and return to Lessor for recording Memorandum of Lease evidencing this Lease. ATTENTION: LESSEE SHOULD RETAIN APPROPRIATE CONSULTANTS TO RE'VIEW AND INVESTiGATE THE CONDITION OF THE PREMISES. SAID INVESTIGATION SHOULD INCLUDE BUT NOT BE LIMITED TO: THE POSSIBLE PRESENCE OF HAZARDOUS SUBSTANCES, THE ZONING OF THE PREMISES, THE STRUCTURAL INTEGRITY, THE CONDITION OF THE RUOF AND OPERATING SYSTEMS, AND THE SUITABILITY OF THE PREMISES FUR LESSEE'S INTENDED USE. 22 Palm Springs Art M�eum. Pelm Desai Lease 7/2/2010 BEST, BEST & KRIEGER, a professional corporation �', By: �-,�d/f.� - . � - 23 The parties hereto have executed this I,case at the place and on the dates sgecified above their respective signatures. LESSOR: CITY OF PALM DESERT, a pubiic body, corporate and politic I gy; �if /���,.�c_.....�--� John 1 uth—� City ager Ad ress: 73-510 Fred Waring Drive Palm Desert, Califomia 92660 Telephone: (760) 346-0611 Facsimile: (760) 341-6372 � ATTEST: LESSEE: PALM SPRINGS ART MUSEUM, a non-profit agency :� ��d%'.���� Mr. Narold Meyennan � Chairman the Board of Trustees ; BY� �.-�'� � Dr. �iie�YNash � Executive-Director �/!► � �� ' � � 'L'_''.._ , :C7. .�'1��.'�,� � �1►r . - _ �� _ , . � . � � ` � � . , Pelm Spnngs M Museum. Patm Descrt Lase 91?tI010 Y �+ f Exbibit µA" LEGAL DESCRIPTION OF THE LAND COMPRISING PART OF THE PREMISES Parce! 4 of Parcel Map No. 30226, in the City of Palm Desert, Cnunty of Riverside, State of California as per map filed in Book 203, Pages 16 to 19 inclusive of Psrcel Maps in the office of the County Recorder of said county. APN: 640-370-004 A-1 P$lm Springs Art Museum Palm Desert Lcase �!2/2010 Exhibit "A-2" Parcel Mao, � �� 0 .r ,e � R � �'� �� �e W� N J �� �� �a �� ! � i �� o ��� � �;,� �. 03�°� , T � L%J RIVERSIDE,CA DOCUMENT: Assessar-Map 840.37 Pays 1 of 1 Printed on 6/24f20141:46�02 PM Provfdad by DataTrace Syatem A-3 �Y FR wy � 4 O ' '� ( O 1 � 1 i i � � � � � �r 1 7 1 1 • � O � � � �� � � .�� t � r„ 4 � / ^TM � � � rryv � � � � ! 1 / r � �r ! �5 / , ..�-� a ,. , � b f� • � � � / ! + / t p < < { � � t i bO {i • � +� f � a i ( Y� t f ,�I . ��J �g �r �� Q �� �� s� �� ZZ � a , r= �� 3� �_ s Palm Springs Art Museum, Paim Desert l.ease 7/2I2010 ►.J Cxhibit "13" LESSEE'S WORK �.1 IThis exhibit is provisional. A comnlete and definitivc list of tenant impravements will be submitted prior to the commenccment nf any improvements.l 1. Replace carUeiing ii� gallery spaces with engine:cred llardwood iloor 2. Relocation or demolition of selective interior, r�on-load-bearin�; walls 3. Alteration of ai�t lighting systems and addition oF I�ixtures 4. Installation of douUle glass door on back of building for art deliveries 5. Renovation of outside patio area to include a loading ramp 6. Installation of exterior signage and banners 7. Tinting of selective windows with light and heat reducing filin 8. Installation of technical equipinei�t (computers, server, phone system) 9. Installation of cabinets for display oFshop materials ��I Palm Springs Art Museum, Palm Desert Lease 7J212010 . lJ Exhibit "C" � SPFCIFIC LEASE TERMS AND �N+DITIONS CITY OF PALM DESER'1', I,ESSUR I'ALM SPRINC�S ART MIISI;UM, L}?SSF;E t. C)peratin�! E;xpenscs/t'AM Char�es„ Lessee's share of operating and maintenance cxpenscs shall be payablc by I,essee on a moiithly basis. For the initial fiscal year of 2011-2012, t11e Connnon Area Maii�tenaa�ce (CAM) charges will be $715.58 per manil�. 'I"he moirihly charges shall be esiimated and adjusted (on the same pro rata basis) on an annual basis beginning on July 1 st of each year. 2. LLED Certification: Lessee shall make no improvements and use only equipment and products that will not negate the LE�D cerlification status of the building or its contents. 3. Buildin�/Garden/Site Modificati�ns: Subject to the provisions of the Lease dealing with Lessor's consent aild Lessee's rights, any and all modifications to the building (including the placement of signage) or Nonexclusive Priority Use Areas by Lessee are subject to review and approval of Lessor prior to any modification taking place, which approval will not be unreasonable withheld. 4. lnterior Maintenance: It will be the Lessee's responsibility to maintain the interior areas of the leased premises. Lessee will maintain or hire janitorial service, at Lessee expense, sufficient to maintain the interior in a clean, well maintained condition, necessary to eliminate odors, all visible dust, dirt, litter, trash, stains, etc. to the greatest practical degree possible. 5. Citv of Palm Desert Smoke Free Ordinance: The City of Palm Desert Ordinance No. 1007 prohibits smoking within certain public areas in the City of Palm Desert; indicated specifically by Section (B) Paragraph 3(c) and Section (B) Paragraph 2. The Ordinance prohibits smoldng within the office areas, conference rooms, atrium and forty (40) feet from the entrances and exits of the building. The Ordinance was approved and adopted on October 25, 20� 1 by the City Council of the City of Palm Desert. 6. Recvclin�: Per AB939, the City of Palm Desert is required to divert 50% of its waste from the landfill and implement diversion programs. In order to meet this mandate, the City, a11 City owned facilities; and contractors performing work for the City, are required to participate in recycling programs that relate to the business activity as well as recycling of other materials banned from landfills, (e.g. chemicals, batteries, electronic waste, construction and demolitian waste, bottles, cans, paper, plastic, etc.) Therefore, the Lessee agrees to participate in the City of Palm Desert's recycling programs, (off'ice recycling, household hazardous waste, etc.). The City shall provide recycling containers and education of staff/employees. 7. Business Related Expenses: It will be the Lessee's responsibility and expe.nse to obtain any and all required licenses, permits, etc., relating to the operation of their business. Initials C-1 Palm Springs Art Museum, Palm Desert L.ease 7/2/2010 � � 8. Real Prouertv Taxcs: I3oth Lcssor and Lcssee �trc properly tax cxempl entities. However, any real estate taxes or asscssmcnts which arc assessed against the Premises, if any, are thc responsibility o(� Lcssce I��r payment. 9. Lessor io maintain all exierior landscapin�; and related irribations systerns on Premises and Nonexclusive Use Areas. l0. Lessec to reimbursc Lessor li�r property insurance dcductibles whcn damage to thc Premises was caused by Lessee clients, customers, donors, etc. I,essee ta reimburse I�essor fu(ly fo�� any dama�e caused by I.,cssee ar its agents. 11. Museurn to be known as "Palm Springs Art Museuni Palm Desert" 12. Residents of City of Palrn Desert will receive a special benefit package. Initials G2 . Palm Springs Art Museum, Palm t]esert L.ease 7/2/2010 �r t May 20, 20� � c�iY oF � �� a����� 73 5�� I�tti:n WnisiNc, Uttivi•: Pni.M 17r.sitirr, (;ni,n�c�izNin qza6o—i57fi •rLL: �60 346-06�� r•nx: 7Go ;qo—o574 i n(i�(a�pa I m-desc n. u rg Steven Nash, Ph. D. Executive Direcfior Palm Springs Art Museum � 01 Museum Drive Palm Springs, �alifornia 92262 Dear Dr. Nash: Subject: Contract No. C29860 — LEASE WITH PALM SPRINGS ART MUSEUM AT ENTRADA DEL PASEO — First Amendmenfi At its regular meeting of May 12, 2011, the Palm Desert City Council considered and approved the subject First Amendment to Lease and autharized the City Manager to execute same. Enclosed for your records is a fully executed First Amendment. Please let us know if we can answer any questions or provide further assistance. Sincerely, �-�. . RACHELLE D. KLASSEN, CMC � C1TY CLERK rdk Enclasure (as noted) cc/enc: John M. Wohlmuth, City Manager/RDA Executive Director Stephen 'Y. Aryan, Assistant to the City Manager . Finance Department � mntoaaircwren� , '�`'t FIRST AMENDIVIENT TO I�EASE CONTRA,CT NO. C29860 This First Amendment to Lease ("First AmendmenY'), dated May 6, 2011, is entered into by and between the CITY OF PALM DESERT, a public body, corporate and politic ("Lessor") and the PALM SPRINGS ART MUSEUM, INC., a California non-profit corporation ("Lessee") (collectively the "Parties" or individually a "Parky"). WNEREAS, the Parties entered into that certain lease agreement dated July 1, 2010 (the "Lease") for the Premises and nonexclusive area identified in paragraph 1.2 of the Lease; and WHEREAS, the Parties agreed use for the Premises was the aperation of an art museum and sculpture garden, among other things, as set forth in paragraph 1.6; and WHEREAS, paragraph 1.8 of the Lease contemplates Lessee undertaking fundraising activities in connection with its obligations under the Lease and further states that Lessor shall reasonably assist Lessee in Lessee's fundraising effor�s; and WHEREAS, Lessee desires to provide naming opportunities on the Premises and in and aboufi the nonexclusive area to donors as part of its fundraising activities and further seeks the consent of Lessor as set forth herein for this purpose; and WHEREAS, all defined terms in the Lease shall have the same meaning in this First Amendment unless the context otherwise requires. NOW, THEREFORE, in furtherance of the above-stated recitals, and for consideration, the adequacy and sufficiency whereof is hereby acknowledged, the Parties do hereby agree as follows: 1. Lessee shall have the following signage rights and naming apportunities for use in conjunction with its fundraising activities including the Premises, exterior and interior, and the Nonexclusive Use Area (collectively "Signage Rights"): a. The Premises. 72500.00001\5900023.1 � � Exterior. Lessee shall have the right to prorninently past signage or► the exterior building in at least two (2) locations subject to the City approval process which reads: Palm Springs Art Museum at Palm Desert (donor name, e.g., The GALEN) Lessee shall have the right to replace the existing address located over the front entrance of the building with the donor name (e.g., The GALEN) only if approved by the Fire Deparfiment. Interior. Lessee shall also have the right to prominently post signage on the interior of the building at such locations as Lessee may select. For example: Paim Springs Art Museum at Paim Desert (donor name, e.g., Anderson Wing) b. The Nonexclusive Use Areas. Lessee shall have the right to prominently post signage throughout the Nonexclusive Use Areas at locations selected by Lessee, subject to the City design review process. For example: Pafm Springs Art Museum at Palm Desert (donor name, e.g., Jones Scufpture Garden) 2. Lessee's Signage Rights sha{! be managed and operate caexistent with the Lease to Lessee and shall expire upon the termination of the Lease to Lessee. As used herein, the Nonexclusive Use Areas include all Nonexclusive Priority Use Areas such as the Sculpture Garden, Plaza, Multi-Sensory Gardens and Carriage Lane including its 14 parking spaces as set forth in paragraph 2.1 of the Lease. 3. Lessee shall preserve and maintain the "Eric Johnson Memorial Garden" name and manument as currently situated. 72500.00001159Q4023.1 2 , .� . 4. Lessee shail comply with all terms of this Amendment and the Lease with Lessor in performance hereof. The Parties hereto have executed this First Amendment at the place and on the dates specified above. LESSOR: City of Corpoi By: Cifiy Manager Addk�: 73-510 Fred Waring Drive Palm Desert, CA 92260 Telephone: 760-346-0611 Fax: 760-341-6372 ATTEST: CITY CLERK LESSEE: Palm Springs Art Museum, Inc. a non-profit carporation B : ' -���.`� Y Harold Meyerman, Chairman of the Board of Trustees B ���-�-�- ��� 2� Dr. Steven Nash, Executive Director � � j� �.. : � ,� I'��I�'-.+�r. �� R.� --� - , - � "' i � � • •' BEST BEST &�ICRIEGER LLP , , �� , BY: ��G%�,r/ L� . David �� rwin, City Attomey Desert, a public body, id politic 72500.00001�5400023.1 3 Lessor may require that any or all Lessee Owned Alterations or Utility Installations be removed by the expiration or termination of this Lease. Lessor may require the removal at any time of all or any part of any Lessee Owned Alterations or Utility Installations made without the required consent. (c) Surrender; Restoration. Lessee shall surrender the Premises and Nonexclusive Use Areas by the Expiration Date or any earlier termination date, with all of the improvements, parts and surfaces thereof broom clean and free of debris, and in good operating order, condition and state of repair, ordinary wear and tear excepted. "Ordinary wear and tear" shall not include any damage or deterioration that would have been prevented by good maintenance practice. Lessee shall repair any damage occasioned by the installation, maintenance or removal of Trade Fixtures, Lessee owned Alterations and/or Utility Installations, furnishings, and equipment as well as the removal of any storage tank installed by or for Lessee. Lessee shall completely remove from the Premises any and all Hazardous Substances brought onto the Premises by or for Lessee, or any third party (except Hazardous Substances which were deposited via underground migration from areas outside of the Premises) even if such removal would require Lessee to perform or pay for work that exceeds statutory requirements. Trade Fixtures shall remain the property of Lessee and shall be removed by Lessee. Any personal property of Lessee not removed on or before the Expiration Date or any earlier termination date shall be deemed to have been abandoned by Lessee and may be disposed of or retained by Lessor as Lessor may desire. The failure by Lessee to timely vacate the Premises pursuant to this Paragraph 5.4(c) without the express written consent of Lessor shall constitute a holdover under the provisions of Paragraph 23 below. 6. Insurance; Indemnity. 6.1 Liability Insurance. covet la • (a) Premises - Carried by Lessee. Lessee shall obtain and keep in force a Commercial General Liability policy of insurance protecting Lessee and Lessor as an additional insured against claims 1 for bodilyinjury,personal injury and property damagased upon or g�Jam' s/ arising out of . . _ . � ..: 'L::. 7' se . Such insurance shall be on an occurrence basis providing single limit coverage in an amount not less than $2,000,000 per occurrence with an annual aggregate of not less than $ 1 0,000,000, an "Additional Insured -Managers or Lessors of Premises Endorsement" and contain the "Amendment of the Pollution Exclusion Endorsement" for damage caused by heat, smoke or fumes from a hostile fire. The policy shall not contain any intra-insured exclusions as between insured persons or organizations, but shall include coverage for liability assumed under this Lease as an "insured contract" for the performance of Lessee's indemnity obligations under this Lease. The limits of said insurance shall not, however. limit the liability of Lessee nor relieve Lessee of any obligation hereunder. The policy must provide for the payment of defense costs in addition to the coverage amounts stated therein. All insurance carried by Lessee shall be primary to and not contributory with any similar insurance carried by Lessor, whose insurance shall be considered excess insurance only. The certificate of insurance and additional insured endorsement is subject to approval of Lessor, which approval shall not be unreasonably withheld. 9 Palm Springs Art Museum, Palm Desert Lease 7,2 2010 (b) Premises Carried by Lessor. Lessor may maintain, at its sole cost and expense, liability insurance as described in Paragraph 6.1(a), in addition to, and not in lieu of, the insurance required to be maintained by Lessee. Lessee shall not be named as an additional insured therein. � r( t r ;N (c) Non xc6 lusive Use Areas - Carried by Lessor. Lessor shall obtain and keep in force an insurance program equivalent to a Commercial General Liability policy of insurance protecting Lessor and Lessee as an additional insured against claims for bodily injury. personal injury and property damage based upon or arising out of the ownership, use, occupancy or maintenance of the Nonexclusive Use Areas. Such insurance shall be on an occurrence basis providing single limit coverage in an amount not less than $2,000,000 per occurrence with an annual aggregate of not less than $10,000,000, an "Additional Insured -Managers or Lessors of Premises Endorsement". The policy shall not contain any intra-insured exclusions as between insured persons or organizations, but shall include coverage for liability assumed under this Lease as an "insured contract" for the performance of Lessor's obligations under this Lease. The limits of said insurance shall not, however, limit the liability of Lessor nor relieve Lessor of any obligation hereunder. The policy must provide for the payment of defense costs in addition to the coverage amounts stated therein. All insurance carried by Lessor shall be primary to and not contributory with any similar insurance carried by Lessee, whose insurance shall be considered excess insurance only. The certificate of insurance and additional insured endorsement, or equivalent, is subject to approval of Lessee, which approval shall not be unreasonably withheld. (d) Nonexclusive Use Areas - Carried by Lessee. Lessee may maintain, at its sole cost and expense, liability insurance as described in Paragraph 6.1(c), in addition to, and not in lieu of, the insurance required to be maintained by Lessor. Lessor shall not be named as an additional insured therein. 6.2 Property Insurance - Building and Improvements. Lessor shall obtain and keep in force a policy or policies in the name of Lessor, with loss payable to Lessor, except to the extent coverage is required to be provided by Lessee below, covering the Premises and the Nonexclusive Use Areas. The amount of such insurance shall be equal to the full replacement cost of the Premises and any statuary or other artwork in the Nonexclusive Use Areas, as the same shall exist from time to time, but in no event more than the commercially reasonable and available insurable value of the statuary to a maximum of $20,000,000, with a deductible of not to exceed $5,000. Lessee Owned Alterations and Utility Installations, Trade Fixtures, Statuary (except statuary located in the Nonexclusive Use Areas), Art, owned or on loan to Lessee, and Lessee's personal property shall be insured by Lessee under Paragraph 6.3. If the coverage is available and commercially appropriate, such policy or policies shall insure against all risks of direct physical Toss, theft, vandalism, or other damage including coverage for debris removal and the enforcement of any Applicable Requirements requiring the upgrading, demolition, reconstruction or replacement of any portion of the Premises as the result of a covered loss. Said policy or policies shall also contain an agreed valuation provision in lieu of any coinsurance clause, waiver of subrogation, and inflation guard protection causing an increase in the annual property insurance coverage amount by a factor of not Tess than the adjusted U.S. Department of Labor Consumer Price Index for All Urban Consumers for the city nearest to where the Premises are located. If such insurance coverage has a deductible clause, Lessee shall be liable for such 10 Palm Springs Art Museum Palm Desert Lease 7'2.2010 Exhibit "A-1" Site Plan 4 > O R., 00 ) �o i o o `' b O COO b0Ocb0 won 00 o 0 0( I ' Ihr.lyY Mon EMPRAIIA tlil PAIR) Palm Springs Art Museum, Palm Desert Lease 7/2/2010 CITY Of PALM D MI REDVVTg.OPMP.A'T AOFAY'Y 1f MCAPDWARM MIK PMAI flPJPK CA N1e A-2 Exhibit "A-3" Aerial Ma Entrada Del Paseo, City of Palm Desert A-4 Palm Springs Art Museum, Palm Desert Lease 7/2/2010 LEASE 1. Basic Provisions ("Basic Provisions"). 1.1 Parties. This Lease ("Lease"), dated July 1, 2010 for reference purposes only, is entered into by and between the CITY OF PALM DESERT, a public body, corporate and politic ("Lessor") and the PALM SPRINGS ART MUSEUM, INC., a California non-profit corporation ("Lessee") (collectively the "Parties," or individually a "Party"). 1.2 Premises. That certain land, including the building, and all improvements thereon (collectively, the "Premises"), commonly known as 72-567 Highway 111, Palm Desert, CA 92260, and located in the County of Riverside, State of California [APN 640-370-004], and more particularly described on Exhibit "A" and Exhibit "A-1" (site plan) attached hereto. 1.3 Non -Exclusive Use Areas. That certain land and all improvements thereon (collectively, the "Non -Exclusive Use Areas"), adjacent to and/or near the Premises, comprising the following parcels: a. APN 640-370-001 (Eric Johnson Gardens) ("Sculpture Garden"); b. APN 640-370-002 ("Plaza"); c. APN 640-370-008 ("Carriage Lane"); d. APN 640-370-018 ("Multi -Sensory Gardens"); and e. Parking spaces located on APN 640-370-009 ("Lot 9"), APN 640-370-010 ("Lot 10"), and APN 640-370-011 ("Lot 11") (collectively, the "Parking Spaces"). Said Non -Exclusive Use Areas are more particularly described on Exhibit "A" and Exhibits "A-1", "A-2", and "A-3" (site plan, parcel map, and aerial map) attached hereto. In the event there is any conflict between Exhibits A-1, A-2, and A-3, Exhibit A-2 (parcel map) shall govern. 1.4 Term. The initial term of this Lease shall be five (5) years ("Initial Term"), commencing on November 1, 2010 ("Commencement Date") and ending five (5) years thereafter ("Expiration Date"). Lessee shall have the option to extend the Term (the "Renewal Options") for five (5) successive five (5) year periods (the "Renewal Terms") on the same terms and conditions as set forth herein. The Renewal Options may be exercised only by giving written notice of exercise of the Renewal Option ("Option Notice") to Landlord at least ninety (90) days before the expiration of the Term then in effect. Notwithstanding the foregoing, Lessee shall have the right to terminate this Lease by written notification to the Lessor within 365 days of execution of this lease should it determine, in its sole and absolute discretion, that maintenance and operation of the museum at this site is impractical or infeasible or for such other reason as Lessee in its sole and absolute discretion deems necessary. Exercise of this right to terminate shall not relieve Lessee of its obligations to Lessor prior to written notice of termination. Prior to commencement of tenant improvements, Lessee shall provide written notice to Lessor of its decision to waive this right of termination and commit itself to the remainder of the initial five (5) year term. I.5 Base Rent. $1.00 per year ("Base Rent"), payable on the first business day of each year commencing on November 1, 2010 and continuing thereafter on each anniversary date during the term of this lease. 1.6 Agreed Use. The operation of an art museum and educational center on the Premises, which may include a film theater, store, and other related ancillary uses (the "Museum") and will include a sculpture garden (in the Nonexclusive Use Areas). The Museum shall be open to the Palm Springs Art Museum, Palm Desert Lease 7/2/2010 public at least six (6) days a week, Tuesday through Sunday (holidays excepted) for the period from November 1st through May 31 st. For the period from June 1st through October 31 st, the Museum shall be open to the public at least three (3) days per week, Friday through Sunday (holidays excepted). The Museum shall maintain a collection of art comparable in size and quality to other art museums of similar size (8500 square feet). During the initial or any extended terms) hereof, Lessor shall not operate or support, directly or indirectly, any other art museum within the City of Palm Desert, California, except for the exhibitions or other displays of art currently conducted by Lessor, such as the public art on El Paseo, or any exhibitions. displays, galleries, or museums by, or on the premises of, educational institutions. 1.7 Lessee's Work. Prior to commencement of tenant improvements, Lessor and Lessee shall agree in writing as to the extent of permissible tenant improvements, which shall be described and attached hereto as Exhibit "B". Lessee shall, at Lessee's cost and expense, attempt to make the tenant improvements and repairs described on Exhibit "B" on or before November 30, 2011, but will in any event complete them on or before January 31, 2012 and hi accordance with all applicable laws and Lessor's approval of plans and specifications (the "Lessee's Work"), 1.8 Fundraising. Upon execution of this Lease by the Parties, Lessee shall have full access to the Building consistent with Lessor's continuing occupancy and shall have the right to use the Building for fundraising events and Museum -related activities. During the initial and any extended term(s) of this Lease, Lessor shall reasonably assist Lessee in Lessee's fundraising efforts. . Lessor shall also use its best efforts during the initial and any extended term(s) of this Lease to encourage City Council and staff members of the City of Palm Desert to attend Lessee's fundraising events in connection with the Museum. 2. Premises. 2.1 Letting. Lessor hereby leases to Lessee, and Lessee hereby leases from Lessor, the Premises, for the term, at the rental, and upon all of the terms, covenants and conditions set forth in this Lease. Additionally, Lessor hereby grants to Lessee a nonexclusive license to use Nonexclusive Use Areas in a manner complementary to Agreed Use of the Premises, and subject to conditions and approvals required herein, as follows: (a) Sculpture Garden, Plaza, Multi - Sensory Gardens and Carriage Lane. Lessee shall manage and supervise the Sculpture Garden, Plaza, Multi -Sensory Gardens and Carriage Lane (collectively the "Nonexclusive Priority Use Areas") on a "nonexclusive priority basis". Nonexclusive priority basis means that it shall be the responsibility of Lessee to supervise. manage, and schedule the exclusive use of all of the Nonexclusive Priority Use Areas. Lessee and its guests may use the Nonexclusive Priority Use Areas on a nonexclusive basis with the public, subject to the terms and conditions set forth herein, provided that if Lessee has scheduled a private event in all or a portion of the Sculpture Garden, Plaza, Multi -Sensory Gardens and Carriage Lane, Lessee shall have the right to exclusively use all or part of the Sculpture Garden, Plaza, Multi -Sensory Gardens and Carriage Lane during such event. Lessee shall have the right to permit the exclusive or nonexclusive use of the Sculpture Garden, Plaza, Multi -Sensory Gardens and Carriage Lane for special events, pursuant to terms and conditions approved by Lessor. (b) Parking Spaces. The 14 parking spaces in front of and to the west of the Museum, as identified on Exhibit A-1. may be signed for use by Lessee and its guests at all times that the Museum is open or is holding a special event. The remaining parking spaces in the Nonexclusive Use Area shall be for the nonexclusive use of 2 Palm Springs Art Museum, Palm Desert Lease 722010 Lessee and its guests, subject to any exclusive -use rights granted by Lessor to other persons or entities. (c) Lessor agrees to restrict vehicular access at both ends of Carriage Lane, with access available only to Lessor, the fire department, the police department and Lessee as approved by the Fire Marshall and City Engineer. It is intended that Carriage Lane will be used, except in limited circumstances, solely for pedestrians. 2.2 Condition; Compliance with Laws. Lessee shall lease the Premises in their "AS -IS" condition, without representation or warranty, express or implied, and Lessee hereby acknowledges that in no event shall Lessor be obligated to make any alterations, repairs or improvements to the Premises, except as otherwise provided herein. Lessee has made such investigation as it deems necessary with reference to such matters and assumes all responsibility therefor. In addition, Lessee hereby expressly acknowledges that Lessee has had full opportunity to inspect the Premises (including, without limitation the presence/absence of hazardous materials, the condition of fixtures and equipment, and whether the improvements comply with law). Lessor hereby agrees to make any changes to the Premises required by existing laws or by amendments to existing laws or by new laws. 2.3 Sculpture Garden, Multi -Sensory Gardens, Plaza, Carriage Lane and Parking Spaces. Lessee shall be responsible for transportation, installation, and removal of sculptures; however, Lessor shall reimburse Lessee all reasonable costs in connection with the transportation, installation, and removal of sculptures not to exceed $10,000 per installation or removal, including transportation of each sculpture, unless approved by the -Lessor. Lessor snail be responsible for accomplishing all tasks and paying all costs associated with the sculptures located within the Sculpture Garden and Multi -Sensory Gardens, including without limitation,' the installation of bases and/or foundations for the sculptures, lighting, cleaning and ongoing maintenance as needed or reasonably requested by Lessee. Lessor shall pay to Lessee the sum of $2,575.00 as a one-time honorarium for each piece of sculpture placed by Lessee at the Sculpture Garden or Multi -Sensory Gardens, upon completion of the installation of the sculpture, which amount shall be increased by $50.00 on the anniversary of the Commencement Date each year during the term hereof or any extension. There shall be an initial maximum of twenty (20) honoraria; additional honoraria payments shall be at the discretion of the Lessor. Lessor shall be responsible for all landscaping, landscape and other maintenance, cleaning and trash removal, irrigation and other related expenses to maintain the Sculpture Garden, Multi -Sensory Gardens, Plaza, Carriage Lane and Parking Spaces at no less than their current level of maintenance quality and to maintain the roads and parking areas surrounding the Premises. Lessor and Lessee shall cooperate in the selection and approval of sculptures to be placed in the Sculpture Garden. Plaza or Multi -Sensory Gardens, but the final determination of the selection of sculptures shall be made by Lessee, provided that no sculpture shall be placed in the Non -Exclusive Use Areas that is likely to cause substantial controversy in the community. (Lessee may display art and sculptures selected in its sole discretion in the Museum.) Lessee shall install ten or less sculptures in the first year of actual operation and five or less sculptures in any succeeding year. Placement of the sculptures will be determined in cooperation between Lessee and Lessor. Lessee shall have the right to nominate representatives for one seat on Lessor's City Marketing Committee and one seat on Lessor's Art in Public Places Commission during the initial and any extended term(s) hereof. Appointment of nominees to the commissions shall be at sole discretion of Lessor's City Council. Inasmuch as copyright(s) for the sculptures to be placed in 3 Palm Springs Art Museum. Palm Desen Lease 7 21010 the Gardens belongs, in most cases, to the respective artists, use of any visual images of such works by Lessor must be approved by the Lessee and copyright approval(s) must be obtained from the respective artist(s). Lessor shall be responsible to insure all sculptures at the Sculpture Garden and the remainder of the Nonexclusive Use Areas against loss. damage or theft in such amounts as are reported by Lessee to Lessor, and determined to be reasonable and appropriate by Lessor and Lessee. but in no event less than the aggregate fair market value of all sculptures nor more than $20,000,000 or such greater amount as may be subsequently agreed upon by the parties. Lessor shall make no material change in the Sculpture Garden, Plaza or Multi -Sensory Gardens during the initial or any extended term(s) hereof without the prior written consent of Lessee, which shall not unreasonably be withheld. During the initial and any extended term(s) hereof. Lessee shall provide a sculpture expert to work with Lessor in connection with the maintenance and appearance of the Sculpture Garden and Multi -Sensory Gardens, which sculpture expert shall initially be Lessee's Executive Director, Dr. Steven Nash, PhD. 3. Possession. Lessor shall not be required to deliver possession of the Premises to Lessee until Lessee complies with its obligation to provide evidence of insurance under Paragraph 6, but such failure to provide evidence of insurance shall not extend or delay the Commencement Date. 4. Use. 4.1 Use. Lessee shall use and occupy the Premises only for the Agreed Use, and for no other purpose. Lessee shall not use or permit the use of the Premises in a manner that is unlawful, creates damage, waste or a nuisance, or that disturbs occupants of or causes damage to neighboring premises or properties. Lessee acknowledges that Lessee's obligation to maintain the Museum open to the public as set forth in paragraph 1.6 above, and maintain an art collection of comparable size and quality to other art museums of similar size (8500 square feet) is a material part of the consideration to Lessor, and Lessee's failure to do so will be a material breach of this Lease. 4.2 Hazardous Substances. (a) Definitions. The term "Hazardous Substance" as used in this Lease shall mean any product. substance. or waste whose presence, use, manufacture, disposal, transportation, or release, either by itself or in combination with other materials expected to be on the Premises, is either: (i) potentially injurious to the public health, safety or welfare, the environment or the Premises, (ii) regulated or monitored by any governmental authority, or (iii) a basis for potential liability of Lessor to any governmental agency or third party under any applicable statute or common law theory. Hazardous Substances shall include, but not be limited to, hydrocarbons, petroleum, gasoline, and/or crude oil or any products, by-products or fractions thereof. "Reportable Use" shall mean (i) the installation or use of any above or below ground storage tank, (ii) the generation, possession. storage, use, transportation, or disposal of a Hazardous Substance that requires a permit from, or with respect to which a report, notice, registration or business plan is required to be filed with, any governmental authority, and/or (iii) the presence at the Premises of a Hazardous Substance with respect to which any Applicable Requirements requires that a notice be given to persons entering or occupying the Premises or neighboring properties. 4 Palm Springs Art Museum Palm De,ert I ease 72 20t0 (b) Use Requires Consent. Lessee shall not engage in any activity in or on the Premises, which constitutes a Reportable Use of Hazardous Substances without the express prior written consent of Lessor and timely compliance (at Lessee's expense) with all Applicable Requirements. Notwithstanding the foregoing, Lessee may use any ordinary and customary materials reasonably required to be used in the normal course of the Agreed Use, ordinary office supplies (copier toner, liquid paper, glue, etc.) and common household cleaning materials, so long as such use is in compliance with all Applicable Requirements, does not negate LEED status is not a Reportable Use, and does not expose the Premises or neighboring property to any meaningful risk of contamination or damage or expose Lessor to any liability therefor. In addition, Lessor may condition its consent to any Reportable Use upon receiving such additional assurances as Lessor reasonably deems necessary to protect itself, the public, the Premises and/or the environment against damage, contamination, injury and/or liability, including, but not limited to, the installation (and removal on or before Lease expiration or termination) of protective modifications (such as concrete encasements). (c) Duty to Inform Lessor. If Lessee knows, or has reasonable cause to believe, that a Hazardous Substance has come to be located in, on, under or about the Premises, other than as previously consented to by Lessor, Lessee shall immediately give written notice of such fact to Lessor, and provide Lessor with a copy of any report, notice, claim or other documentation which it has concerning the presence of such Hazardous Substance. (d) Lessee Remediation. Lessee shall not cause or permit any Hazardous Substance to be spilled or released in, on, under, or about the Premises (including through the plumbing or sanitary sewer system) and shall promptly, at Lessee's expense, comply with all Applicable Requirements and take all investigatory and/or remedial action reasonably recommended, whether or not formally ordered or required, for the cleanup of any contamination of, and for the maintenance, security and/or monitoring of the Premises or neighboring properties, that was caused or materially contributed to by Lessee, or pertaining to or involving any Hazardous Substance brought onto the Premises during the term of this Lease, by or for Lessee, or any third party. (e) Lessee Indemnification. Lessee shall indemnify, defend and hold Lessor, its agents, employees. lenders, if any, harmless from and against any and all loss of rents and/or damages. liabilities_ judgments, claims, expenses, penalties, and attorneys' and consultants' fees arising out of or involving any Hazardous Substance brought onto the Premises by or for Lessee, or any third party (provided, however, that Lessee shall have no liability under this Lease with respect to underground migration of any Hazardous Substance under the Premises from adjacent properties not caused or contributed to by Lessee). Lessee's obligations shall include, but not be limited to, the effects of any contamination or injury to person, property or the environment created or suffered by Lessee, and the cost of investigation, removal, remediation, restoration and/or abatement, and shall survive the expiration or termination of this Lease. No termination, cancellation or release agreement entered into by Lessor and Lessee shall release Lessee from its obligations under this Lease with respect to Hazardous Substances, unless specifically so agreed by Lessor in writing at the time of such agreement. (f) Investigations and Remediations. Lessee shall have the responsibility to pay for any investigations or remediation measures required by governmental entities having 5 Palm Springs Art Museum. Palm Desert Lease 7,2/2010 jurisdiction with respect to the existence of Hazardous Substances on the Premises as a result of Lessee's use (including the Lessee's Work and the "Alterations", as defined in Paragraph 5.3(a) below) of the Premises. (g) Lessor Termination Option. If a Hazardous Substance Condition (see Paragraph 7.1(e)) occurs during the term of this Lease. Lessee shall investigate and remediate it as required by the Applicable Requirements and this Lease shall continue in full force and effect. 4.3 Inspection; Compliance. Lessor and Lessor's consultants shall have the right to enter into Premises at any time, in the case of an emergency, and otherwise at reasonable times after reasonable notice, for the purpose of inspecting the condition of the Premises and for verifying compliance by Lessee with this Lease. The cost of any such inspections shall be paid by Lessor, unless a violation of Applicable Requirements, or a Hazardous Substance Condition (see Paragraph 4.2) is found to exist or be imminent, or the inspection is requested or ordered by a governmental authority. In such case, Lessee shall upon request reimburse Lessor for the cost of such inspection, so long as such inspection is reasonably related to the violation or contamination. 5. Maintenance; Repairs; Utility Installations; Trade Fixtures; and Alterations. 5.1 Lessee's Obligations. (a) In General. Subject to the provisions of this Paragraph 5.1 (Lessee's Obligations), 5.2 (Lessor's Obligations), 7 (Damage or Destruction), and 12 (Condemnation), Lessee shall comply with the specific lease terms and conditions (Exhibit "C"), at Lessee's sole expense, and keep the Premises, Utility Installations (intended for Lessee's exclusive use, no matter where located), and Lessee's Work and Alterations in good order, condition and repair (whether or not the portion of the Premises requiring repairs, or the means of repairing the same, are reasonably or readily accessible to Lessee, and whether or not the need for such repairs occurs as a result of Lessee's use, any prior use, the elements or the age of such portion of the Premises), including, but not limited to, plumbing, electrical, lighting facilities, boilers, pressure vessels, fixtures, walls (interior and exterior), ceilings, floors, windows, doors, plate glass and signs located at the Premises. Lessee, in keeping the Premises in good order, condition and repair, shall exercise and perform good maintenance practices, specifically including the procurement and maintenance of the service contracts required by Paragraph 5.1(b) below. Lessee's obligations shall include restorations, replacements or renewals when necessary to keep the Premises and all improvements thereon or a part thereof in good order, condition and state of repair. Lessee shall, during the term of this Lease, keep the exterior appearance of the Building in a first-class condition (including, e.g. graffiti removal) consistent with the exterior appearance of other similar facilities of comparable age and size in the vicinity. Notwithstanding the foregoing, Lessor shall be responsible for and maintain and when necessary replace (or reimburse Lessee for Lessee's maintenance and replacement as provided for in Paragraph 5.2), at its cost and expense, the Building's roof. roof drainage. solar and HVAC systems (including the humidification system), fre protection system (including the alarm and pipe -sprinkler system) and the exterior roadways. parkways, pathways and sidewalks. Lessee reserves the right to make customary museum -specific alterations to the existing HVAC system, as necessary, to comply with the environmental standards of the American Association of Museums Lessee reserves the 6 Palm Springs in Museum Palm Desert Lease 72:2010 right to use competent and trained employees for interior cosmetic alterations to the interior of the building at the Premises, including the removal or installation of non -load bearing walls. Any building, electrical, or plumbing alterations shall be performed by licensed contractors. Lessee shall be responsible for any upgrades to premises' security system. (b) Service Contracts. Lessee shall, at Lessee's sole expense, procure and maintain contracts, with copies to Lessor, in customary form and substance for, and with contractors specializing and experienced in the maintenance of the following equipment and improvements, if any, if and when installed on the Premises: (i) boiler and pressure vessels, (ii) clarifiers, (iii) basic utility feed to the perimeter of the Building, and (iv) any other equipment which is the responsibility of Lessee, if reasonably required by Lessor. (c) Failure to Perform. If Lessee fails to perform Lessee's obligations under this Paragraph 5.1, Lessor may enter upon the Premises after 30 days' prior written notice to Lessee (except in the case of an emergency, in which case no notice shall be required), perform such obligations on Lessee's behalf, and put the Premises in good order, condition and repair, and Lessee shall promptly pay to Lessor a sum equal to 115% of the cost thereof. 5.2 Lessor's Obligations. Subject to the provisions of Paragraphs 5.1 (Lessee's Obligations), 5.2 (Lessor's Obligations), 7 (Damage or Destruction) and 12 (Condemnation), and except as otherwise provided herein, it is intended by the Parties hereto that Lessor have no obligation, in any manner whatsoever, to repair and maintain the Premises, or the equipment therein, all of which obligations are intended to be that of the Lessee. Lessor shall, however, have the obligation to maintain and when necessary replace, at its cost and expense, the Building's roof, roof drainage, solar (including the photovoltaic panels), any future solar -based energy system, the HVAC systems (including the humidification system), fire protection system (including the alarm and pipe -sprinkler system), the painting of the exterior of the building and the exterior roadways, parkways, pathways, and sidewalks. Any replacement of the solar system shall be comparable to or better than the existing solar system. The HVAC system shall be maintained in a manner so that it will comply with the environmental standards of the American Association of Museums. Notwithstanding the provisions of Paragraph 5.1, Lessor shall reimburse Lessee for the cost of initial repairs to the HVAC, fire alarm system and dry -pipe sprinkler system to make them fully operational for the operation of a museum under the standards set by the American Association of Museums, in an amount not to exceed $20,000 per system. At Lessor's option, Lessor may require Lessee, by written notice, to maintain and when necessary to replace all or any portion of the Building's roof, roof drainage, the HVAC systems, and the fire protection system, subject to Lessor's obligation to reimburse Lessee all reasonable expenses incurred therein. It shall also be the obligation of Lessor to maintain on a regular basis as needed the Nonexclusive Priority Use Areas. Lessee shall reasonably cooperate in that maintenance and shall timely report to Lessor any circumstances requiring attention. It is the intention of the Parties that the terms of this Lease govern the respective obligations of the Parties as to maintenance and repair of the Premises, and they expressly waive the benefit of any statute now or hereafter in effect to the extent it is inconsistent with the terms of this Lease. 5.3 Utility Installations; Trade Fixtures; Alterations. 7 Palm Springs Art Museum, Palm Desert Lease 7'22010 (a) Definitions. The term "Utility Installations" refers to all floor and window coverings, air and/or vacuum lines, power panels, electrical distribution, security and fire protection systems, communication cabling, lighting fixtures, HVAC equipment, and plumbing in or on the Premises. The term "Trade Fixtures" shall mean Lessee's machinery and equipment that can be removed without doing material damage to the Premises. The term "Alterations" shall mean any modification of the improvements, other than Utility Installations or Trade Fixtures, whether by addition or deletion, and includes placement of art, statuary or other alterations in Nonexclusive Priority Use Areas. "Lessee Owned Alterations and/or Utility Installations" are defined as Alterations and/or Utility Installations made by Lessee that are not yet owned by Lessor pursuant to Paragraph 5.4(a). (b) Consent. Except for the Lessee's Work (Exhibit B), and except as provided in Paragraph 2.3 above, Lessee shall not make any Alterations or Utility Installations to the Premises or Nonexclusive Use Areas without Lessor's prior written consent. Lessee may, however, make non-structural Utility Installations to the interior of the Premises (excluding the roof) without such consent but upon notice to Lessor, as long as they are not visible from the outside, do not involve puncturing, relocating or removing the roof or any existing walls, will not affect the electrical, plumbing, HVAC, and/or life safety systems. Notwithstanding the foregoing, Lessee shall not make or permit any roof penetrations and/or install anything on the roof without the prior written approval of Lessor. Lessor may, as a precondition to granting such approval, require Lessee to utilize a contractor chosen and/or approved by Lessor. Any Alterations or Utility Installations that Lessee shall desire to make and which require the consent of the Lessor shall be presented to Lessor in written form with detailed plans. Consent shall be deemed conditioned upon Lessee's: (i) acquiring all applicable governmental permits, (ii) furnishing Lessor with copies of both the permits and the plans and specifications prior to commencement of the work, and (iii) compliance with all conditions of said permits and other Applicable Requirements in a prompt and expeditious manner. The Lessee's Work shall commence and be completed only upon satisfaction of the conditions in (i), (ii) and (iii) above. Any Alterations or Utility Installations shall be performed in a workmanlike manner with good and sufficient materials. Lessee shall promptly upon completion furnish Lessor with as -built plans and specifications. Lessor may condition its consent upon Lessee providing a completion bond in an amount equal to 150% of the estimated cost of such Alteration or Utility Installation. 5.4 Ownership; Removal; Surrender; and Restoration. (a) Ownership. Subject to Lessor's right to require removal or elect ownership as hereinafter provided, all Alterations and Utility Installations made by Lessee shall be the property of Lessee, but considered a part of the Premises. Lessor may, at any time, elect in writing to be the owner of all or any specified part of the Lessee Owned Alterations and Utility Installations. Unless otherwise instructed per Paragraph 5.4(b) hereof, all Lessee Owned Alterations and Utility Installations shall, at the expiration or termination of this Lease, become the property of Lessor and be surrendered by Lessee with the Premises. Notwithstanding the foregoing, all art, statuary, and electronic equipment owned, leased, borrowed or controlled by Lessee will remain the sole property of Lessee. (b) Removal. By delivery to Lessee of written notice from Lessor not earlier than ninety (90) and not later than thirty (30) days prior to the end of the term of this Lease, 8 Palm Springs Art Museum Palm Desert Lease 7/22010