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HomeMy WebLinkAboutAgreement A-21-397 with Span Development LLC.pdf-1- 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 L E A S E A G R E E M E N T THIS LEASE AGREEMENT (“LEASE”) is made and entered into this day of October 2021, by and between the COUNTY OF FRESNO, a political subdivision of the State of California (“LESSEE”), and SPAN DEVELOPMENT LLC, a Wyoming limited liability company, located at 1841 Howard Rd. Madera, CA 93637 (“LESSOR”). LESSEE and LESSOR may be referred to in this Lease individually as a “Party” or collectively at times as the “Parties”. W I T N E S S E T H: WHEREAS, LESSOR owns that certain property commonly known as 2909 S. Elm, Fresno CA 93721, which contains warehouses; and WHEREAS, LESSEE and LESSOR desire to enter into a lease of the Premises, as defined herein, to provide storage space for LESSEE's supplies, in order to support LESSEE's efforts to mitigate the impact of the COVID-19 pandemic. NOW, THEREFORE, in consideration of the mutual covenants, terms and conditions herein contained, the parties hereto agree as follows: 1.LEASED PREMISES - LESSOR hereby leases to LESSEE approximately 11,400 square feet of space at the location commonly known as 2909 S. Elm, Suite 105, Fresno, CA 93721 ("Premises"), as shown on Exhibit "A", attached and incorporated by this reference. 2.TERM – This LEASE shall have a primary term beginning September 1, 2021 to August 31, 2023, and shall have three optional one-year renewals. In no event shall the term of this LEASE extend beyond August 31, 2026 3.RENT – LESSEE shall pay rent to LESSOR in advance on or about the first of each month according to the following schedule: Rent Term Rent Per Month Year One $ 8,892.00 Year Two $ 8,892.00 Year Three $ 9,158.00 5th Agreement No. 21-397 1 IN WITNESS WHEREOF , the parties hereto have executed this LEASE as of the day and year first 2 hereinabove written. 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 LESSOR: SPANDEVELOPMENTLLC FOR ACCOUNTING USE ONLY: Org: Account: Fund: 8935 7295 1045 Subclass: 10000 By: Steve randa , Chairman of the Board of Supervisors of the County of Fresno ATTEST: Bernice E. Seidel Clerk of the Board of Supervisors County of Fresno, State of California d ~~ Deputy -15- This page intentionally left blank 16