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HomeMy WebLinkAboutAgreement A-17-645 with Pontiac 3 5 LLC Building 5 Lease.pdf Agreement No. 17-645 L-32B ID83 Building w0p1b I LEASE AGREEMENT 2 THIS.LEASE AGREEMENT.(hereinafter"Lease")Is made and entered into this 12th 3 day of December 2017(the`BTWive Date),by and between PONTIAC 3&5 LLC, 4 a California limited liability_company,`2780 N. Miami Ave., Ste, 101, Fresno,Q-A 93727, 5 (hereinafter"LESSOR"),and.66 COUNTY OF FRE-SNO, apolitical subdivision of:the State-of 6 California,33.3 W.Pontiao.yVay,Clovis,CA 93612(hereinafter OLE88EE"). LESSOR and 7 LESSEE may be referreq to In this Lease individually as a"Party"or collectively at times as 8 the"Partkis". 9. 1 PREMISES—LESSOR hereby leases to LESSEE the real property at the 10 location commonly known-as 2 00 W. Pontiac,Clovis,CA 93612,which'Includes gbuilding 11 containing.approximately 37.,282 square feet,of office space and 65,252 of warehouse.space 12 (the"Wilding"),together with surrounding common area parking,and which comprises a 13. portion Of Fresno County Atsessbr.6-Parcel Number 493-070-34s, as depicted by red 14 ouffirting on Attachment'A",whfch is attached to and by this reference incorporated herein 15 (the"Premises"), LESSOR represents,covenants,,and warrants to LESSEE that Prior to 16 delivery of the.Lessor Occupancy Notice(as defined below 0 p rmft, ny new Lessor shall not e a 17 mortgages,deeds,of trust,leaseholds,pledges, conditions or restrictions, liens or 18 encumbrances against the Premises that are riot already in existence,with the exception of 19 items permitted under Section 38 or other items that are expressly subordinate to this Lease. 20 Upon LE,5SIEE's receipt of the Lessor Oodupanoy Notice(as defined.below),and continuing 21 thereafter and during the term:of this Leaspi LESSEE shall have the right to record a 22 memorandum of We Lease against the Premises In the official records of the County 23 Recorder("Memorandum of Lease"'). 24 2. imm 25 1. LESSOR represents-that,it is under contract to purchase the property of 96 which the Premises is'a part("Property")from the current property-owner 27 (hereinafter"5eller")and that such con tract obligates LE6,SSOR to lease 28 the Premises,or a portion thereof,.to Seller or Seller's assignee%upon the COUNW OF FRE#NO L-328/DSS Building 5/8610 1 LEASE AGREEMENT 2 THIS LEASE AGREEMENT(hereinafter"Lease") is made and entered into this 12th 3 day of December , 2017(the"Effective Date"), by and between PONTIAC 3&5 LLC, 4 a California limited liability company, 2780 N. Miami Ave., Ste. 101, Fresno, CA 93727, 5 (hereinafter"LESSOR"), and the COUNTY OF FRESNO, a political subdivision of the State of 6 California, 333 W. Pontiac.Way, Clovis, CA 93612 (hereinafter"LESSEE"). LESSOR and 7 LESSEE may be referred to in this Lease individually as a"Party"or collectively at times as 8 the"Parties". 9 1. PREMISES LESSOR hereby leases to LESSEE the real property at the 10 location commonly known as 200 W. Pontiac, Clovis, CA 93612, which includes a building 11 containing.approximately 37,282 square feet of office space and 65,252 of warehouse space 12 (the"Building"),together with surrounding common area parking, and which comprises a 13 portion of Fresno County Assessor's Parcel Number 493-070-34s, as depicted by red 14 outlining on Attachment"A", which is attached to and by this reference incorporated herein 15 (the"Premises"). LESSOR represents, covenants, and warrants to LESSEE that prior to 16 delivery of the Lessor Occupancy Notice(as defined below), Lessor shall not permit'any new 17 mortgages, deeds of trust, leaseholds, pledges, conditions or restrictions, liens or 18 encumbrances against the Premises that are not already in existence,with the exception of 19 items permitted under Section 38 or other items that are expressly subordinate to this Lease. 20 Upon LESSEE's receipt of the Lessor Occupancy Notice(as defined below), and continuing 21 thereafter and during the term of this Lease, LESSEE shall have the right to record a 22 memorandum of this Lease against the Premises-in the official records of the County 23 Recorder("Memorandum of Lease"). 24 2. TERM— 25 1 LESSOR represents that it is under contract to purchase the property of 26 which the Premises is a part("Property")from the current property owner 27 (hereinafter"Seller")and that such contract obligates LESSSOR to lease 28 the Premises, or a portion thereof,to Seller or Seller's assignee upon the COUNTY OF FRESNO Fresno,QaUfomla 1 L-328/DSS Building 5/5610 1 transfer of title to LESSOR (the"Seller Lease"). The Seller Lease shall be 2 for a term of two years, with the tenant having three, one-year extension 3 options, for a total potential term of five years. LESSOR covenants not to 4 grant any further extension of the Seller Lease. LESSOR's covenants, 5 represents, and warrants to LESSEE that in any sale of the Property prior 6 to recordation of the Memorandum of Lease, LESSOR shall provide the 7 transferee with notice of this Lease and provide that the sale is made 8 subject to this Lease. LESSOR's obligations under this Lease contingent 9 upon LESSOR taking title to the Property, which closing is expected to 10 occur not later than December 28, 2018 (the"Property Closing"). Upon the 11 termination or expiration of the Seller Lease and vacation of the Premises 12 by the tenant under the Seller Lease, LESSOR shall provide written notice 13 to LESSEE that the Property is available for occupancy ("Lessor 14 Occupancy Notice"). 15 2. The term of this Lease shall be ten (10) years (the"Term" or"term") 16 commencing on the date LESSEE first takes occupancy of the Premises 17 (hereinafter"Rent Commencement Date") as set forth in a written 18 acknowledgement signed by LESSOR and LESSEE's Director of Internal 19 Services, which may only be given after LESSSEE's receipt of the Lessor 20 Occupancy Notice. It is understood by the parties herein that LESSEE's 21 occupancy of the Premises shall commence only after said written 22 acknowledgement is executed which such acknowledgement shall not be 23 unreasonably withheld or delayed; furthermore, occupancy must 24 commence on the first(1st) day of a month, unless otherwise agreed by 25 the parties in writing. 26 3. RENT/OPERATION COSTS—LESSEE shall pay to LESSOR on a monthly 27 basis both Base Rent and Additional Rent (as both terms are defined hereinbelow). Base 28 Rent and Additional Rent shall hereinafter be collectively referred to as the "Rent." COUNTY OF FRESNO Fresno,California 2 L-328/DSS Building 5/5610 1 1. Base Rent—LESSEE shall pay rent on a monthly basis for the Premises 2 ("Base Rent") beginning on the Rent Commencement Date as shown in the 3 below payment schedule. 4 Rent Period Office Warehouse Total 5 Year One $ 57,041.46 $ 36,541.12 $ 93,582.58 Year Two $ 58,182.29 $ 37,271.94 $ 95,454.23 6 Year Three $ 59,345.93 $ 38,017.38 $ 97,363.32 Year Four $ 60,532.85 $ 38,777.73 $ 99,310.58 7 Year Five $ 61,743.51 $ 39,553.28 $ 101,296.79 Year Six $ 62,978.38 $ 40,344.35 $ 103,322.73 8 Year Seven $ 64,237.95 $ 41,151.24 $ 105,389.18 9 Year Eight $ 65,522.71 $ 41,974.26 $ 107,496.97 Year Nine $ 66,833.161 $ 42,813.75 $ 109,646.91 10 IYearTen $ 68,169.821 $ 43,670.02 $ 111,839.85 11 2. ADDITIONAL RENT—In addition to the Base Rent, LESSEE shall pay on 12 a monthly basis as"Additional Rent", the annual operations costs for the 13 Premises to LESSOR, consisting of 100% of LESSOR'S actual out of 14 pocket cost for real estate taxes, insurance and all maintenance related 15 expenses incurred by LESSOR allocable to the Premises (collectively, 16 "Operation Costs") as listed in the Operating Budget attached hereto as 17 Attachment"B" and incorporated herein by reference. Anticipated total 18 Operation Costs for the 2021 calendar year based on current Operation 19 Costs are $866,207.23 as set forth in Attachment"B,"though the parties 20 acknowledge that Attachment"B" is simply an estimate for informational 21 purposes only, that the Rent Commencement date may be earlier or later 22 than 2021, and that this estimate shall not be deemed or otherwise 23 construed as a representation, warranty or covenant by LESSOR as to the 24 actual Operation Costs for the 2021 calendar year. Based on the foregoing 25 estimate, beginning on the Rent Commencement Date, LESSEE shall pay 26 Additional Rent to LESSEE for each month or partial month at the rate of 27 $72,183.94 per month, unless LESSOR provides LESSEE with an revised 28 budget or a statement(as described hereinbelow) showing that LESSOR's COUNTY OF FRESNO Fresno,California 3 L-328/DSS Building 5/5610 1 actual Operation Costs have increased, at which time LESSEE shall pay 2 Additional Rent in accordance with LESSOR's revised budget estimate or 3 statement. 4 Within 90 days after the end of each calendar year this Lease is in force, LESSOR 5 shall make good faith efforts and endeavor to furnish to LESSEE, a statement covering the 6 calendar year just expired, showing by cost category the actual Operation Costs incurred for 7 that year, the monthly payments made by LESSEE during that year for the Operation Costs, 8 and the bills or records supporting each of such costs and the allocations of such costs to 9 LESSEE. If LESSEE's share of the Operation Costs exceeds LESSEE's prior payments, 10 LESSEE shall pay to LESSOR, as Additional Rent, the deficiency, within 45 days after receipt 11 of such annual statement and supporting information/documentation. If LESSEE's payments 12 for the calendar year exceed LESSEE's actual share of the Operation Costs, and provided 13 LESSEE is not in arrears as to the payment of any Base Rent or Additional Rent, LESSEE 14 may offset the excess against any payments of Operation Costs next due LESSOR. 15 4. UTILITIES— 16 LESSEE shall pay market rate to the LESSOR for metered electricity, which amounts 17 shall be included as a component of Operation Costs payable monthly to LESSOR as 18 Additional Rent. 19 LESSEE is responsible for contracting directly with the applicable utility provider and 20 paying directly thereto for natural gas, water/sewer, garbage, telephone and internet services 21 for the Premises and any and all other utility services LESSEE requires in connection with its 22 use of the Premises. 23 If any utilities are not separately metered from the adjacent building, LESSEE shall 24 reimburse LESSOR for its proportionate share of such utilities as reasonably determined by 25 LESSOR. 26 5. MAINTENANCE AND REPAIRS—LESSOR shall be responsible for all 27 exterior and interior maintenance, including repair of air conditioning, heating units, plumbing 28 systems, electrical systems, elevators, and interior/exterior lights and fixture ballasts, fire COUNTY OF FRESNO Fresno,California 4 L-328/DSS Building 5/5610 1 sprinkler system, roof, painting, flooring, landscape, parking and other maintenance at the 2 Premises, as set forth in the Premises Services Agreement, attached hereto as 3 Attachment"C" and incorporated herein by reference. LESSOR is also responsible for the 4 structural condition of the building and agrees that the building will always be maintained in a 5 condition acceptable for the LESSEE'S intended use of the Premises. LESSOR's 6 maintenance responsibilities shall include carpet replacement and exterior and interior 7 painting, as needed, due to normal wear and tear. All items of maintenance and repair as set 8 forth in Attachment"C" shall be included as a component of Operation Costs payable monthly 9 to LESSOR as Additional Rent. 10 In the event building systems such as air conditioning and heating units malfunction, 11 restroom fixtures are not draining properly, or water intrusion, leaks or other events that 12 immediately impact the occupancy of the Premises by LESSEE occur, LESSOR shall use its 13 best efforts to respond within twenty-four(24) hours after contact by LESSEE to diligently 14 pursue repairs and replace equipment to restore the systems to full working order. Structural 15 issues, including but not limited to damaged doors, walls, roof, and windows shall be a 16 priority, and shall be addressed within the same day such are reported. LESSOR covenants 17 that the Premises shall be maintained in substantially the same condition as existing on the 18 Rent Commencement Date. 19 LESSEE shall be responsible for damages and repairs caused by LESSEE or 20 LESSEE's employees, clients, contractors, or other invitees. 21 6. USE - LESSEE shall use the Premises as office space for its Department of 22 Social Services or for any other County department. LESSEE shall comply with all applicable 23 laws, ordinances and regulations in connection with such use. 24 Subject to Section 34, LESSOR covenants that: (i) as of the Rent 25 Commencement Date, the Premises shall be in compliance with all applicable local, state and 26 federal laws, ordinances and regulations, including but not limited to safety regulations, health 27 and building codes; and (ii) the Premises shall remain in such compliance throughout the 28 term of this LEASE, subject to LESSOR's right to cure pursuant to Section 12. COUNTY OF FRESNO Fresno,California 5 L-328/DSS Building 5/5610 1 7. JANITORIAL SERVICES AND COST—LESSOR shall procure and provide 2 janitorial services and supplies at the Premises (hereinafter"Janitorial Services"). Such 3 Janitorial Services shall be provided five (5) days per week and shall include the services and 4 supplies as described in Attachment"C". All such expenses for Janitorial Services shall be 5 included as a component of Operation Costs payable monthly to LESSOR as Additional Rent. 6 LESSOR and LESSEE may agree to select a different janitorial service to correct 7 deterioration in the quality of the janitorial service, or for any other reason mutually agreed 8 upon by the parties. 9 8. ALTERATIONS—LESSEE shall make no, alterations, installation, changes or 10 additions in or to the Premises or Building (collectively, "Alterations")without written consent 11 from LESSOR. Alterations shall not include moveable office furniture, office furnishings and 12 office equipment. 13 9_ INDEPENDENT CONTRACTOR— In performance of the work, duties and 14 obligations assumed by LESSOR under this Lease, if any, it is mutually understood and agreed 15 that LESSOR, including any and all of the LESSOR'S officers, agents, and employees will at all 16 times be acting and performing as an independent contractor, and shall act in an independent 17 capacity and not as an officer, agent, servant, employee,joint venture, partner, or associate of 18 the LESSEE. Furthermore, LESSEE shall have no right to control or supervise or direct the 19 manner or method by which LESSOR shall perform its work and function; provided, LESSOR 20 shall satisfy and comply with its obligations as set forth herein. 21 LESSOR and LESSEE shall comply with all applicable provisions of law and the rules 22 and regulations, if any, of governmental authorities having jurisdiction over matters the 23 subject thereof. 24 Because of its status as an independent contractor, LESSOR shall have absolutely no 25 right to employment rights and benefits available to LESSEE'S employees. LESSOR shall be 26 solely liable and responsible for providing to, or on behalf of, its employees all legally-required 27 employee benefits. In addition, LESSOR shall be solely responsible and save LESSEE 28 harmless from all matters relating to payment of LESSOR'S employees, including compliance COUNTY OF FRESNO Fresno,California 6 L-328/DSS Building 5/5610 1 with Social Security withholding and all other law and regulations governing such matters. It 2 is acknowledged that during the term of this Lease, LESSOR may be providing services to 3 others unrelated to the LESSEE or to this Lease. 4 10. COMPLIANCE WITH ALL LAWS—If any work is undertaken at the Premises by 5 or on behalf of LESSOR, LESSOR shall comply with, and shall ensure compliance by all 6 contractors and subcontractors with, all applicable laws and regulations, including the payment 7 of prevailing wages pursuant to Section 1770 et. seq. of the Labor Code. Notwithstanding the 8 foregoing, neither this Lease nor either party contemplates LESSOR undertaking any 9 improvements to the Premises during the term of this Lease. 10 11. NON FUNDING TERMINATION —This LEASE is contingent on the allocation 11 of funds by a governmental agency. Should funds not be allocated, this LEASE may be 12 terminated by the Board of Supervisors at any time by giving at least thirty(30) days prior 13 written notice to LESSOR. 14 12. BREACH OF OBLIGATION TO MAINTAIN —In the event LESSOR breaches 15 its obligation to maintain the Premises as herein provided, LESSEE shall give written notice 16 to LESSOR within fifteen (15) days of the discovery of such breach. LESSOR shall then 17 have thirty(30) days from the date of such notice to cure its breach; however, if such default 18 continues beyond thirty (30) days after written notice thereof from LESSEE to LESSOR then 19 LESSOR will not be in default hereunder if within such thirty(30) day period, LESSOR 20 commences the curing of such default and diligently and in good faith prosecutes the same to 21 completion. If the period for cure expires and if, in LESSEE'S sole and reasonable 22 determination, LESSOR has failed to cure, then LESSEE may, at its election: 23 (A) terminate this LEASE by providing thirty (30) days prior written notice. In such 24 case, LESSEE shall have the right to demand LESSOR refund any monies 25 which, in the reasonable judgment of LESSEE, were paid to LESSOR 26 pursuant to the LEASE but which were not earned by LESSOR by 27 consequence of its breach. Upon receipt of such demand, LESSOR shall 28 promptly refund all such monies; or COUNTY OF FRESNO Fresno,California 7 L-328/DSS Building 5/5610 1 (B) cure LESSOR'S breach and deduct the cost of such cure, together with 2 reasonable administrative costs, from LESSEE'S future rent obligation. 3 LESSEE'S decision to cure LESSOR'S breach shall not constitute a waiver of 4 any rights or remedies that LESSEE may have arising from this LEASE or by 5 operation of law, except that LESSEE shall not have the right to terminate 6 described above with respect to the circumstances related to such cured 7 breach. 8 13. CONDEMNATION OR PROHIBITED USE— If the Premises, or any portion 9 thereof, is appropriated, condemned, or taken by any governmental authority or public agency 10 other than LESSEE by use or exercise of eminent domain proceedings or other proceedings, 11 or by inverse condemnation, or is sold under threat of use or exercise of eminent domain by 12 any governmental authority or public agency other than LESSEE, or if by reason of law, 13 ordinance, regulation, or court judgment, LESSEE's use or occupancy of the Premises, or 14 any portion thereof, shall be materially and adversely affected for the period set forth in 15 clause (i) below, but excluding therefrom any day that is not a LESSEE business day 16 (hereinafter collectively"Condemnation or Prohibited Use"), then LESSEE shall have the right 17 to do either of the following: 18 (i) If the Condemnation or Prohibited Use has a material adverse effect on 19 LESSEE's use and occupancy of the Premises and is reasonably anticipated 20 to impact such use in excess of ninety(90) days, then LESSEE may terminate 21 this LEASE by giving written notice thereof to LESSOR. Such notice shall 22 specify a date of termination of this LEASE not less than one hundred eighty 23 (180) calendar days, and not more than two-hundred ten (210) calendar days, 24 from the date of such notice, or from the date that LESSEE's use of the 25 Premises will be materially adversely affected pursuant to the notice LESSEE 26 receives from LESSOR of such appropriation, condemnation, taking, or sale 27 that shall prohibit LESSEE's use or occupancy of the Premises, or the affected 28 part thereof, whichever is earlier. The County Administrative Officer or the COUNTY OF FRESNO Fresno,California 8 L-328/DSS Building 5/5610 1 Director of Internal Services/Chief Information Officer, or a designee of one of 2 them, shall have the authority to provide such notice on behalf of LESSEE. 3 (ii) LESSEE may renegotiate with LESSOR with respect to the terms of any 4 amounts to be owed by LESSEE hereunder, including any portion or 5 installment of the Base Rent, when such are due and payable, and/or any 6 other amounts otherwise due and payable hereunder, for the remainder of 7 Premises not affected by such Condemnation or Prohibited Use during the 8 balance of the term of this LEASE. Any such renegotiated terms of the Base 9 Rent, and/or any other amounts otherwise to be due and payable herein shall 10 be sought in good faith and without unreasonable delay by the Parties, and 11 made only by written amendment, pursuant to Section 20, herein. 12 14. DESTRUCTION OR DAMAGE FROM CASUALTY— If the Premises are 13 damaged or destroyed as a result of fire, earthquake, act of God, or any other identifiable 14 event of a sudden, unexpected, or unusual nature (hereinafter"Casualty"), then LESSOR 15 shall either promptly and diligently repair the damage at its own cost, or terminate this Lease 16 as hereinafter provided. If LESSOR obtains any proceeds from the Property Insurance Policy 17 (as defined in Section 16 hereinbelow) that are not otherwise payable to any mortgagee or 18 beneficiary, and this Lease is not terminated as a result of such Casualty pursuant to the 19 terms hereof, then LESSOR shall promptly apply all of such insurance proceeds toward the 20 repair and restoration of the Premises pursuant to LESSOR's obligations under this 21 Section 14. 22 (A) LESSOR'S Election to Repair: If LESSOR elects to repair the Casualty 23 damage to the Premises, then it shall within fifteen (15) days after the date of 24 Casualty or as soon as possible thereafter provide written notice(hereinafter 25 "Notice of Repair")to LESSEE indicating the anticipated time required to 26 repair. LESSOR shall bear the cost of all repairs to the Premises, including 27 the cost to repair any alterations or fixtures installed or attached thereto by 28 LESSEE. Such repairs shall restore the Premises to substantially the same COUNTY OF FRESNO Fresno,California 9 L-328/DSS Building 5/5610 1 condition as existing on the Rent Commencement Date; such repairs shall 2 also be made in compliance with all applicable state and local building 3 codes. LESSOR shall not be liable to LESSEE for compensation for any 4 loss of business, or any inconvenience or annoyance arising from repair of 5 the Premises as a result of the Casualty except for rent reduction as 6 hereinafter provided. LESSEE shall be responsible at its sole cost and 7 expense for the replacement of its personal property. 8 (B) LESSOR'S Election to Terminate Due to Casualty: LESSOR may only elect 9 to terminate this LEASE due to Casualty if: the Premises have been 10 destroyed or substantially destroyed by said Casualty; and the estimated 11 time to repair the Premises exceeds sixty(60) days from the date of the 12 Casualty. LESSOR shall provide LESSEE with written notice of its election to 13 terminate within forty-five (45) days after the date of Casualty, specifying a 14 termination date not less than thirty (30) days from the date of said notice. 15 (C) Rent Reduction Due to Casualty: In the event of Casualty, LESSEE'S 16 obligation to pay rent shall be reduced beginning on the date of the Casualty. 17 Such reduction shall be proportional to the damage caused to the Premises 18 by the Casualty as reasonably determined by LESSEE. If LESSOR elects to 19 repair the Premises pursuant to the terms of this LEASE, to the extent the 20 premises remain unusable then the rent reduction shall continue until the 21 date of substantial completion of repair. 22 (D) LESSEE'S Election to Terminate Due to Casualty: If LESSEE does not 23 receive a Notice of Repair from LESSOR within fifteen (15) days or as soon 24 as reasonably possible after a Casualty, or if the anticipated period of repair 25 contained in the Notice of Repair exceeds ninety(90) days, then LESSEE 26 may elect to terminate this LEASE by providing thirty (30) days prior written 27 notice to LESSOR. In such case, LESSEE shall have the right to demand 28 that LESSOR refund any monies which, in the reasonable judgment of COUNTY OF FRESNO Fresno,California 10 L-328/DSS Building 5/5610 1 LESSEE, were paid to LESSOR pursuant to the LEASE but which were not 2 earned by LESSOR by consequence of the Casualty. Upon receipt of such 3 demand, LESSOR shall promptly refund all such monies. 4 15. HOLD HARMLESS— LESSOR will indemnify, defend, and hold LESSEE 5 harmless from and against any and all liabilities, claims, demands, actions, proceedings, 6 costs, expenses or damages of any kind or nature (collectively, "Claims") in any manner 7 directly or indirectly caused, occasioned or contributed to by reason of the negligence, 8 whether active or passive, of LESSOR or anyone acting under its direction or control or on its 9 behalf in connection with or incidental to the performance of LESSOR'S obligations pursuant 10 to this Lease. 11 LESSEE will indemnify, defend, and hold LESSOR harmless from and against any 12 Claims in any manner directly or indirectly caused, occasioned or contributed to by reason of 13 the negligence, whether active or passive, of LESSEE or anyone acting under its direction or 14 control or on its behalf in connection with or incidental to the performance of this Lease or any 15 Claims otherwise arising in connection with LESSEE'S use and occupancy of the Premises. 16 The parties acknowledge that as between LESSOR and LESSEE, each is 17 responsible for any Claims arising from the acts or omissions of its own employees and 18 invitees and notwithstanding anything to the contrary in this Section 15, each Party hereby 19 waives any claim for or right to consequential or punitive damages. 20 16. INSURANCE— 21 A. LESSOR shall maintain in full force and effect, the following insurance 22 policies throughout the term of the Lease: 23 1. Commercial General Liability- Commercial General Liability Insurance 24 covering the common areas located on the Premises with limits of not less 25 than Two Million Dollars ($2,000,000) per occurrence and an annual 26 aggregate of Four Million Dollars ($4,000,000). This policy shall be issued 27 on a per occurrence basis. 28 2. Property Insurance—A"Property Insurance Policy"which is defined herein COUNTY OF FRESNO Fresno,California 11 L-328/DSS Building 5/5610 1 to mean a policy of special form, so called "all-risk" of physical loss 2 property insurance insuring against fire, theft, vandalism, malicious 3 mischief, sprinkler leakage and such additional perils as are now or 4 hereafter may be included in broad form coverage(at LESSOR or 5 LESSEE's option or if otherwise required by LESSOR's mortgagee, if any, 6 also to include coverage against earthquake and flood)from time to time in 7 general use in the State of California covering the full replacement value of 8 all alterations, additions, partitions, improvements, machinery, equipment, 9 and fixtures made or placed by LESSEE in the Premises, covering the 10 Building and other improvements on the Premises, and covering any other 11 perils which LESSEE deems reasonably necessary and so requests to be 12 covered by written notice to LESSOR. The Property Insurance Policy shall 13 name LESSOR and the holder of any mortgage or deed of trust 14 encumbering the Premises (if any), as its interest may appear, as a loss 15 payee under such policy. The limits for such insurance shall be for not less 16 than the full replacement value of the Building as improved and existing as 17 of the date of Casualty (the "Minimum Insured Amount"). On the Rent 18 Commencement Date, from time to time as LESSEE makes improvements 19 to the Building, upon LESSOR's request, and at such other times during 20 the Term as LESSEE elects in its discretion, LESSEE shall deliver to 21 LESSOR written notice of the Minimum Insured Amount and LESSOR shall 22 communicate such Minimum Insured Amount to its insurer. Neither 23 LESSOR nor LESSEE shall do or permit anything to be done which 24 invalidates any such insurance policies. 25 3. Rental Loss Insurance-A policy of rental interruption or rental loss 26 insurance against loss, total or partial, of the use and occupancy of the 27 Premises, in an amount sufficient to pay the Base Rent and Additional 28 Rent required to be paid by LESSEE hereunder for a twenty—four (24) COUNTY FRE California 4 Fresno,Caa 12 L-328/DSS Building 5/5610 1 month period, as a result of any of the hazards covered by the Property 2 Insurance Policy required hereunder. 3 4. Worker's Compensation-Worker's Compensation insurance, if required by 4 the California Labor Code. 5 LESSOR shall obtain endorsements to the Commercial General Liability 6 insurance naming the County of Fresno (hereinafter"County"), its officers, agents, and 7 employees, individually and collectively, as additional insured, but only insofar as the 8 operations under this Lease are concerned. This insurance shall not be cancelled or 9 changed without a minimum or thirty (30) days advance written notice given to County. 10 Within (30) days after the Rent Commencement Date, LESSOR shall provide 11 certificates of insurance and endorsement as stated above for all of the foregoing policies, as 12 required herein, to the County of Fresno, Attn: ISD Lease Services (L-328), 333 W. Pontiac 13 Way, Clovis, CA 93612 stating that such insurance coverages have been obtained and are in 14 full force; that such Commercial General Liability insurance names the LESSEE, its officers, 15 agents, and employees, individually and collectively, as additional insured as required herein 16 and that such insurance shall not be cancelled or changed without a minimum of thirty(30) 17 days advance, written notice given to LESSEE. 18 In the event LESSOR fails to keep in effect at all times insurance coverage as 19 herein provided, then LESSEE may, after thirty (30) days written notice to LESSOR, obtain 20 such insurance on LESSOR'S behalf and offset Base Rent by the amount of such insurance 21 premiums incurred by LESSEE after providing written notice of such amounts and proof of 22 insurance to LESSOR. 23 The costs incurred by LESSOR in obtaining and maintaining the insurance policies 24 required of LESSOR hereunder(including any deductibles payable in the event of a loss 25 covered by such policies) shall be referred to herein collectively as "LESSOR'S Insurance 26 Costs" and shall be reimbursable to LESSOR as Additional Rent in accordance with Section 3 27 hereinabove. 28 B. LESSEE shall maintain during the term of this Lease the following policies of COUNTY OFFRESNO Fresno,California 13 L-328/DSS Building 5/5610 1 insurance, which coverages may be provided in whole or in part through one 2 or more programs of self-insurance (provided that any such self-insurance 3 program shall not diminish or reduce LESSEE'S liability hereunder): 4 i. Commercial General Liability insurance with limits of not less than 5 Two Million Dollars ($2,000,000.00) per occurrence and an annual 6 aggregate of not less than Four Million Dollars ($4,000,000.00). 7 This policy shall be issued on an occurrence basis, shall name 8 LESSOR as additional insured, and shall be primary and non- 9 contributing as to occurrences and claims in connection with events 10 occurring within the Building (as opposed to in the common area of 11 the Premises for which LESSOR'S Commercial General Liability 12 policy shall be primary). 13 ii. All-Risk property insurance. A Special form casualty insurance 14 coverage which shall include fire and such other perils as are 15 customarily included in such insurance maintained by prudent 16 tenants leasing similar space in the same general area of the 17 Premises, in an amount adequate to cover the replacement cost of 18 (i) LESSEE'S merchandise, trade fixtures, furnishings, equipment 19 and other personal property of LESSEE located on or within the 20 Premises, and (ii) at LESSEE's option, the leasehold 21 improvements, alterations and additions to the Premises for which 22 LESSOR shall be named as a loss payee under such insurance, 23 provided however, the proceeds of such insurance shall be 24 delivered to and used by LESSOR to repair or replace the affected 25 leasehold improvements, alterations and additions, and if not so 26 used, shall be paid to LESSEE. 27 LESSEE shall provide copies of the insurance policies, appropriately authenticated by 28 the insurer, or original insurance certificates reasonably acceptable to LESSOR, evidencing COUNTY OF FRESNO Fresno,California 14 L-328/DSS Building 5/5610 1 the insurance coverages called for above. Such copies of policies or certificates shall be 2 furnished to LESSOR upon execution of this Lease. The policies or certificates shall contain 3 a provision that the insurer will not cancel or refuse to renew the policies, or change in any 4 material way the nature or extent of the coverage provided by such policies without first giving 5 LESSOR thirty (30) days prior written notice. Thirty(30) days prior to expiration of any 6 policies of insurance carried by LESSEE, LESSEE shall provide proof of continuing coverage. 7 Waiver of Subrogation. Neither LESSOR nor LESSEE shall be liable to the other or to 8 any insurance company(by way of subrogation or otherwise) insuring the other party for any 9 loss or damage to any building, structure or other tangible property, or any resulting loss of 10 income and benefits, even though such loss or damage might have been occasioned by the 11 negligence of such party, its agents or employees, if any such loss or damage is covered by 12 insurance benefiting the party suffering such loss or damage or was required to be covered 13 by insurance pursuant to this Lease. LESSOR and LESSEE shall require their respective 14 insurance companies to include a standard waiver of subrogation provisions in their 15 respective policies. 16 All policies hereunder shall be with admitted insurers licensed to do business in the 17 State of California. Insurance purchased shall be purchased from companies possessing a 18 current A.M Best Company rating of A FSC VI I or better. 19 17. SURRENDER OF POSSESSION / HOLDOVER—Upon the expiration or 20 termination of this Lease, LESSEE will surrender the Premises to LESSOR broom clean and 21 otherwise in such condition as existing on the Rent Commencement Date, less reasonable 22 wear and tear, but including all improvements made by LESSEE. If LESSEE holds over after 23 the expiration of the Term or earlier termination thereof, with or without the express or implied 24 consent of LESSOR, such tenancy shall be tenancy at sufferance only, and shall not 25 constitute a renewal hereof or an extension for any further term, and in such case LESSEE 26 shall pay one hundred three percent(103%) of the Base Rent in effect just prior to expiration 27 or termination, until either party gives the other thirty (30) days written notice of termination, 28 reciting therein the effective date of cancellation. LESSOR hereby expressly reserves the COUNTY OF FRESNO Fresno,California 15 L-328/DSS Building 5/5610 1 right to require LESSEE to surrender possession of the Premises to LESSOR as provided in 2 this Lease upon the expiration or other termination of this Lease. The provisions of this 3 Section 17 shall not be deemed to limit or constitute a waiver of any other rights or remedies 4 of LESSOR provided herein or at law. 5 18. FIXTURES —LESSOR agrees that any equipment, fixtures or apparatus 6 installed in or on the Premises by LESSEE shall continue to be the property of LESSEE and 7 may be removed by LESSEE at any time. LESSEE shall pay for the repair of any damage 8 caused by the removal of fixtures. Any fixtures not removed after LESSEE surrenders 9 possession shall become the property of LESSOR. 10 19. RIGHT OF ENTRY—LESSOR, or its representative(s), upon twenty-four(24) 11 hour notice, or immediately in the event of an emergency, shall have the right to enter the 12 Premises at any time during business hours, or at such other time as LESSEE deems 13 appropriate, to make any alterations, repairs or improvements to the Premises. The normal 14 business of LESSEE or its invitees shall not be unnecessarily inconvenienced. In the event 15 of an emergency, LESSOR may enter the Premises at any time without giving prior notice to 16 LESSEE. 17 20. AMENDMENT—This Lease may be amended in writing by the mutual consent 18 of the parties without in any way affecting the remainder of this Lease. 19 21. NON-ASSIGNMENT—Neither Party shall assign, transfer or sub-let this LEASE, 20 or the rights or duties under this LEASE,without the prior written consent of the other Party, 21 which consent shall not be unreasonably withheld or denied, except that LESSOR may sell or 22 refinance the Premises or any part thereof, in which case LESSOR shall promptly notify 23 LESSEE in writing of such sale or refinancing. Further, in the event of any such assignment, 24 sublease or transfer of LESSEE's rights or obligations hereunder, the originally named LESSEE 25 hereunder(i.e.,the COUNTY OF FRESNO, a political subdivision of the State of California) 26 shall remain fully and primarily liable for all duties and obligations of LESSEE under this 27 Lease. 28 22. GOVERNING LAW—Venue for any action arising out of or relating to this COUNTY OF FRESNO Fresno,California 16 L-328/DSS Building 5/5610 1 Lease shall be in Fresno County, California. This Lease shall be governed by the laws of the 2 State of California. 3 23. AUDITS AND INSPECTIONS—The LESSOR shall at any time during 4 business hours, and as often as the COUNTY may deem necessary, make available to the 5 COUNTY for examination all of its records and data with respect to the matters covered by 6 this Agreement. The LESSOR shall, upon request by the COUNTY, permit the COUNTY to 7 audit and inspect all of such records and data necessary to ensure LESSOR compliance with 8 the terms of this Agreement. 9 If this Agreement exceeds ten thousand dollars ($10,000.00), LESSOR shall be subject to the 10 examination and audit of the Auditor General for a period of three (3) years after final 11 payment under contract(Government Code Section 8546.7). 12 24. NOTICES—All notices to be given under this Lease by either Party to the 13 other Party shall be in writing, and given by any one of the following methods: 14 (i) Personal delivery to the applicable address as set for below; or 15 (ii) Sent by certified United States mail, first class postage prepaid, with 16 return receipt requested, to the applicable addresses as set forth below, in which case such 17 notice shall be deemed given three (3) business days if LESSOR is the recipient, or three(3) 18 days if LESSEE is the recipient, after such deposit and postmark with the United States 19 Postal Service; or 20 (iii) Sent by a reputable overnight commercial courier, in which case such 21 notice shall be deemed given one (1) business day if LESSOR is the recipient, or one (1) day 22 if LESSEE is the recipient, after such deposit with that courier to the applicable addresses as 23 set forth below. 24 The addresses and telephone numbers of the Parties for purposes of giving 25 receiving notices under this Lease are as follows: 26 27 28 COUNTY OFFRESNO Fresno,California 17 L-328/DSS Building 5/5610 1 2 LESSEE: LESSOR: 3 County of Fresno PONTIAC 3 & 5 LLC, a California County Administrative Office (CAO) limited liability company 2281 Tulare Street, Suite 304 Attn: Clayton Medina 4 Hall of Records 2780 N. Miami Ave., Ste. 10 Fresno, CA 93721 Fresno, CA 93727 5 (559) 600-1710 (559) 346-1400 6 with copies to: 7 County of Fresno (L-328) 8 Director of Internal Services 9 333 W. Pontiac Way Clovis, CA 93612 10 (559) 600-6200 11 12 Provided however, such notices may be given to such person or at such other place as 13 either of the Parties may from time to time designate by giving written notice to the other Party, 14 and provided further however, in any event notices of changes of address or termination of this 15 Lease shall not be effective until actual delivery of such notice. Notices given hereunder shall 16 not be amendments or modifications to this Lease. Further,for all claims arising from or related 17 to this agreement, nothing gin this agreement establishes, waives, or modifies any claims 18 presentation requirements or procedures provided by law, including but not limited to the 19 Government Claims Act(Division 3.6 of Title 1 of the Government Code, beginning with section 20 810). 21 25. DISCLOSURE OF SELF DEALING TRANSACTIONS—This provision is only 22 applicable if the LESSOR is operating as a corporation (a for-profit or non-profit corporation) 23 or if during the term of this Lease, the LESSOR changes its status to operate as a 24 corporation. 25 Members of LESSOR'S Board of Directors shall disclose any self-dealing transactions 26 that they are a party to while LESSOR is providing goods or performing services under this 27 Lease. A self-dealing transaction shall mean a transaction to which the LESSOR is a party 28 and in which one or more of its directors has a material financial interest. Members of the COUNTY OFFRESNO Fresno,California 18 L-328/DSS Building 5/5610 - 1 Board of Directors shall disclose any self-dealing transactions that they are a party to by 2 completing and signing a Self-Dealing Transaction Disclosure Form Attachment"D", attached 3 hereto and by this reference incorporated herein, and submitting it to the County of Fresno 4 prior to commencing with the self-dealing transaction or immediately thereafter. 5 26. SUCCESSORS—This Lease shall inure to the benefit of and be binding upon 6 the heirs, executors, administrators, successors and assigns of the respective parties hereto, 7 always providing that nothing in this Section 26 shall impair any of the provisions herein 8 above set forth prohibiting assignment or other transfer of this Lease by LESSEE without the 9 prior written consent of LESSOR. 10 27. LESSEE'S DEFAULT AND LESSOR'S REMEDIES— 11 A. LESSEE'S Default. LESSEE shall be in default under this Lease if LESSEE 12 fails to perform any of its obligations hereunder and (i) if the failure is in the 13 payment of Base Rent, or any other failure which can be cured by the payment 14 of money, the failure continues uncured for a period of five (5) days after 15 written notice thereof from LESSOR (provided, however, LESSOR shall have 16 no obligation to provide such written notice more than two (2) times in any 17 twelve (12) consecutive month period), or(ii) if the failure is in any of the other 18 provisions of this Lease and such failure continues uncured for a period of 19 thirty (30) days after written notice thereof from LESSOR, unless such cure is 20 not capable of completion within thirty (30) days, in which case LESSEE shall 21 be afforded such additional time as may be reasonably necessary to complete 22 the cure provided LESSEE commences the cure within thirty (30) days of 23 LESSOR'S notice and diligently pursues such cure to completion, or, in the 24 event of a threatened injury to life or property due to such failure, continues for 25 such lesser period as LESSOR may specify in such written notice. 26 B. LESSOR'S Remedies. In the event of a default by LESSEE then, besides any 27 other rights and remedies of LESSOR at law or equity, LESSOR shall have the 28 following rights and remedies. All remedies herein conferred on LESSOR COUNTY OF FRESNO Fresno,California 19 L-328/DSS Building 5/5610 1 shall, to the fullest extent permitted by law, be deemed cumulative and no one 2 exclusive of the other or of any other remedy conferred by law or in equity, and 3 nothing herein shall prevent LESSOR from pursuing any and all other 4 remedies it may have upon LESSEE'S default. 5 1. Election to Continue or Terminate Lease. LESSOR shall have the right to 6 elect either to continue or terminate this Lease, as follows: 7 (a) Continuation of Lease. LESSOR shall have the remedy described 8 in California Civil Code Section 1951.4 (LESSOR may continue this 9 Lease in effect after LESSEE'S breach and abandonment and 10 recover rent as it becomes due, if LESSEE has the right to sublet or 11 assign, subject only to reasonable limitations). Accordingly, if 12 LESSOR does not elect to terminate this Lease on account of any 13 default by LESSEE, LESSOR may, from time to time,without 14 terminating this Lease, enforce all of its rights and remedies under 15 this Lease, including the right to recover all Rent as it becomes due. 16 (b) Termination of Lease. LESSOR shall have the right to terminate 17 this Lease, by giving written notice of termination to LESSEE or, if 18 LESSEE'S address is unknown, by posting such notice on the 19 Premises. Absent such written notice, no acts of LESSOR 20 (including entering, repairing, preparing to re-let, or re-letting the 21 Premises) shall be construed as an election to terminate the Lease. 22 In the event that LESSOR elects to terminate this Lease, then 23 LESSOR shall be entitled to its statutory unlawful detainer remedy. 24 C. No Event of Default. Notwithstanding anything herein to the contrary, LESSEE 25 shall NOT be in default under this LEASE solely because of the failure to pay 26 any amounts to be owed by LESSEE hereunder — including any portion or 27 installment of the Base Rent, when they are to be due and payable herein, 28 and/or any other amounts otherwise due and payable herein—to the extent such COUNTY OF FRESNO Fresno,California 20 L-328/DSS Building 5/5610 1 amounts are subject to abatement as set forth in Section 30, hereinbelow. 2 D. No Acceleration of Future Rent or Other Payments/Amounts. Notwithstanding 3 anything to the contrary contained herein this Lease or any right or remedy of 4 which LESSOR may otherwise avail itself pursuant to applicable law, any right 5 of LESSOR to recover any rents (including Base Rent and Additional Rent) 6 and/or any other amounts to be paid by LESSEE as provided in this Lease shall 7 be without acceleration of any future Base Rent and/or any future Additional 8 Rent, and/or any other amounts to be paid by LESSEE herein, before they are 9 due and payable hereunder. LESSOR hereby expressly waives its right to 10 accelerate rent in the event of a termination of this Lease pursuant to California 11 Civil Code section 1951.2. 12 28. WAIVER— No covenant or condition of this Lease shall be deemed waived, 13 except by the written consent of LESSOR or LESSEE, as appropriate, and any forbearance 14 or indulgence by the party entitled to performance shall not constitute a waiver of the 15 covenant or condition to be performed. Until complete performance of such covenant or 16 condition, the party entitled to performance shall have the right to invoke any remedy 17 available to it under this Lease or by law, despite such forbearance or indulgence. The 18 subsequent acceptance of Rent hereunder by LESSOR shall not be deemed to be a waiver of 19 any preceding default by LESSEE of any term, covenant or condition of this Lease, other than 20 the failure of LESSEE to pay the particular Rent so accepted, regardless of LESSOR'S 21 knowledge of such preceding default at the time of acceptance of such Rent. 22 29. LATE CHARGES —LESSEE hereby acknowledges that late payment by 23 LESSEE to LESSOR of Rent or other sums due hereunder shall cause LESSOR to incur 24 costs not contemplated by this Lease, the exact amount of which will be extremely difficult to 25 ascertain. Such costs include, but are not limited to, processing and accounting charges. 26 Accordingly, if any installment of Rent or any other sums due from LESSEE shall not be 27 received by LESSOR or LESSOR'S assignee within forty-five (45) days after the date due, 28 then LESSEE shall pay to LESSOR a late charge equal to three(3%) percent of such COUNTY OF FRESNO Fresno,California 21 L-328/DSS Building 5/5610 1 overdue amount plus any attorney's fees incurred by LESSOR by reason of LESSEE'S failure 2 to pay Rent and/or other sums when due hereunder; provided that any payment postmarked 3 by the 5th of the month shall be presumed to be mailed in a timely manner. The parties 4 hereby agree that such late charge represents a fair and reasonable estimate of the cost that 5 LESSOR will incur by reason of the late payment by LESSEE. Acceptance of such late 6 charges by LESSOR shall in no event constitute a waiver of LESSEE'S default with respect to 7 such overdue amounts, nor prevent LESSOR from exercising any of the other rights and 8 remedies granted hereunder. In addition, LESSEE shall pay to LESSOR interest at the 9 Interest Rate on any delinquent payments, commencing ninety (90) days after the date 10 payment was due and continuing until paid. 11 30. INTEREST—Any amount owing from one party to the other under this Lease 12 which is not paid within ninety (90) days of the date when due shall thereafter bear interest at 13 the Interest Rate. As used herein, the term "Interest Rate" means a per annum rate of 14 interest equal to the lesser of(i) five percent (5%) per annum over the then most recent 15 annual prime or reference rate of interest announced by Bank of America N.A. (or in the event 16 Bank of America N.A. ceases to publish a prime or reference rate, the prime rate of a 17 comparable national banking institution reasonably agreed upon by the parties), or(ii)the 18 maximum rate permitted by applicable law. 19 31. ABATEMENT OF BASE RENTS, AND OTHER PAYMENTS — Notwithstanding 20 anything to the contrary in this LEASE, (i) LESSEE's obligations to pay the Base Rent, and/or 21 Additional Rent and/or any other amounts otherwise due and payable hereunder to LESSOR 22 shall be abated during any period, and to the extent, that the Premises, or any portion thereof 23 (in the case of an affected portion of the Premises, then, such abatement shall also be in 24 proportion thereof), cannot be used and occupied by LESSEE pursuant to this LEASE as a 25 result of any material property damage or loss or title defect(excluding any permitted 26 encumbrances at execution date), or of any Condemnation or Prohibited Use of the 27 Premises, or any portion thereof, and (ii) any abatement of any Base Rent, and/or Additional 28 Rent and/or other amounts otherwise due and payable, herein pursuant to this Section shall COUNTY OF FRESNO Fresno,California 22 L-328/DSS Building 5/5610 1 not be deemed to be a default under this LEASE on the part of LESSEE. 2 Abatement of any Base Rent, and/or Additional Rent and/or of any other amounts 3 otherwise due and payable hereunder shall only suspend the period during which LESSEE is 4 otherwise required to pay Base Rent, and/or Additional Rents and/or any other amounts 5 otherwise due and payable, hereunder to LESSOR, and shall not relieve LESSEE from 6 subsequently paying the remainder of all such Base Rent, and/or Additional Rents and/or any 7 other amounts otherwise due and payable herein, pursuant to this LEASE once the condition 8 giving rise to the abatement has been cured, corrected, eliminated, or satisfactorily resolved. 9 Such abatement shall continue for the period commencing with the date of such material loss 10 or title defect, or of any Condemnation or Prohibited Use of the Premises, or any portion 11 thereof, and ending with the cure, correction, elimination or satisfactory resolution of the 12 material loss or title defect whereby LESSEE may use and occupy the Premises, or the 13 adversely affected portion thereof, pursuant to this LEASE. Cure, correction, elimination or 14 satisfactory resolution may, upon prior mutual written approval of LESSOR and LESSEE 15 (which the parties will negotiate in good faith and without unreasonable delay), occur in 16 commercially reasonable stages, as determined by the nature of the problem being remedied 17 and the impact that such staged remedial action and the coordination and timing thereof 18 would have on LESSEE, LESSEE's Director of Internal Services/Chief Information Officer, or 19 his/her designee, shall be authorized to execute such written approval for LESSEE. 20 The monthly Base Rent and Additional Rent, and any other amounts otherwise due 21 and payable hereunder, by LESSEE to LESSOR with respect to the Premises, or any portion 22 thereof, shall be abated to the extent that the amount of the monthly fair rental value of the 23 portion of the Premises in respect of which there is no substantial interference with LESSEE's 24 use and occupancy of the Premises is less than the amount of monthly Base Rent and 25 Additional Rents and any other amounts otherwise due and payable hereunder, in which case 26 the monthly Base Rent, and/or Additional Rent and/or any other amounts otherwise due and 27 payable hereunder shall be abated only by an amount equal to the difference thereof. 28 During the occurrence of any Casualty which is covered by rental interruption COUNTY OF FRESNO Fresno,California 23 L-328/DSS Building 5/5610 1 insurance or rental loss insurance (See Section 16A(3) herein)the proceeds of any rental 2 interruption insurance or rental loss insurance that LESSOR may receive as a result of such 3 Casualty shall be applied by LESSOR, to the credit of LESSEE, for any monthly Base Rent, 4 Additional Rent and any other amounts otherwise due and payable hereunder; in such 5 instance of such amounts so received, LESSOR shall so inform LESSEE of any such 6 amounts so received. 7 Nothing contained in this Section 31 shall obligate LESSEE for payments of Base 8 Rent and/or Additonal Rent and/or any other amounts otherwise due and payable hereunder 9 if this LEASE is terminated pursuant to Section 11 herein. 10 32. LESSOR EXCULPATION — It is expressly understood and agreed that 11 notwithstanding anything in this Lease to the contrary, and notwithstanding any applicable law 12 to the contrary, the liability of LESSOR and the LESSOR'S members, owners, agents, 13 employees, and partners (including any successor landlord) (collectively, the "LESSOR 14 Parties") and any recourse by LESSEE against LESSOR or the LESSOR Parties shall be 15 limited solely and exclusively to an amount which is equal to the ownership interest of 16 LESSOR in the Building in which the Premises is located (excluding any proceeds thereof), 17 and neither LESSOR, nor any of LESSOR's members shall have any personal liability 18 therefor, and LESSEE hereby expressly waives and releases such personal liability on behalf 19 of itself and all persons claiming by, through or under LESSEE. 20 33. ENERGY CONSUMPTION DISCLOSURE— If LESSEE (or any party claiming 21 by, through or under LESSEE) pays directly to the provider for any energy consumed at the 22 Premises, LESSEE shall, promptly upon request, deliver to LESSOR (or, at LESSOR'S 23 option, execute and deliver to LESSOR an instrument enabling LESSOR to obtain from such 24 provider) any data about such consumption that LESSOR, in its reasonable judgment, is 25 required to disclose to a prospective buyer, tenant or mortgagee or prospective mortgagee 26 under California Public Resources Code§ 25402.10 or any similar law. 27 34. DISABILITY ACCESS INSPECTION —Neither the Building nor the common 28 areas located on the Premises have undergone inspection by a Certified Access Specialist COUNTY OF FRESNO Fresno,California 24 L-328/DSS Building 5/5610 1 (CASp) within the meaning of California Civil Code Section 1938, and LESSOR is not 2 providing any representations or warranties regarding whether the Premises meets all 3 applicable construction-related accessibility standards. 4 35. COUNTERPARTS—This Lease may be executed in one or more counterparts 5 (which may be facsimile or .pdf e-mail counterparts followed by originals), each of which will 6 be deemed an original and all, taken together, will constitute one and the same instrument. 7 36. FORCE MAJEURE — In the event that either party hereto shall be delayed or 8 hindered in or prevented from the performance of any act required hereunder by reason of 9 strikes, lockouts, adverse weather(including rain), inability to procure labor or materials, 10 failure of power, restrictive governmental laws or regulations, riots, insurrection, war, fire or 11 other casualty or other reason of a similar nature beyond the reasonable control of the party 12 delayed in performing work or doing the act required under the terms of this Lease, then 13 performance of such act shall be excused for the period of the delay and the period from the 14 performance of any such act shall be extended for a period equivalent to the period of such 15 delay (any such delay is herein referred to as an "Force Majeure Delay"). In no event shall 16 LESSEE'S inability to satisfy a monetary obligation hereunder constitute or be subject to 17 Force Majeure Delay. 18 37. ESTOPPEL CERTIFICATE—LESSEE shall, at any time upon not less than 19 thirty(30) days prior request by LESSOR, execute, acknowledge and deliver to LESSOR a 20 written estoppel certificate, in a form satisfactory to LESSOR, certifying that this Lease is 21 unmodified and in full force and effect(or, if there have been modifications, that the same is in 22 full force and effect as modified and stating the modifications) and, if applicable, the dates to 23 which the Rent and any other charges have been paid in advance. Any such statement 24 delivered pursuant to this Section 37 may be relied upon by third persons, including a 25 prospective purchaser or encumbrancer of the Premises. 26 LESSEE'S failure to execute and deliver an estoppel certificate within thirty (30) days 27 after LESSEE'S receipt of LESSOR'S written request therefore shall be conclusive upon 28 LESSEE that this Lease is in full force and effect,without modification except as may be COUNTY OF FRESNO Fresno,California 25 L-328/DSS Building 5/5610 1 represented by LESSOR, that there are no uncured defaults in LESSOR'S performance,that 2 not more than one month's rental has been paid in advance, and that all other statements 3 required to be made in the estoppel certificate are conclusively made. 4 38. SUBORDINATION AND ATTORNMENT—At LESSOR'S option, this Lease 5 shall be subordinated to any mortgage or deed of trust which is now or shall hereafter be 6 placed upon the Premises, and LESSEE agrees to execute and deliver any instrument which 7 may be necessary to further effect the subordination of the Lease to any such mortgage or 8 deed of trust; provided, however, that such instrument of subordination shall provide, or the 9 mortgagee or beneficiary of such mortgage or deed of trust otherwise shall agree in writing in 10 recordable form delivered to LESSEE, that the mortgagee or beneficiary, including their 11 successors and assigns, recognize LESSEE's leasehold interest under this Lease and that so 12 long as LESSEE is not in default under this Lease, foreclosure of any such mortgage or deed 13 of trust or sale pursuant to exercise of any power of sale thereunder, or deed given in lieu 14 thereof, shall not affect this Lease but such foreclosure or sale, or deed given in lieu thereof, 15 shall be made subject to this Lease which shall continue in full force and effect, binding on 16 LESSEE, as lessee, and the transferee, as lessor. LESSEE shall attorn to the transferee as if 17 said transferee was LESSOR under this Lease. 18 39. AUTHORITY— Each individual executing this Lease on behalf of LESSOR 19 represents and warrants that such individual(s) are duly authorized to execute and deliver this 20 Lease on behalf of PONTIAC 3 &5 LLC, a California limited liability company and that this 21 Lease is binding upon PONTIAC 3 & 5 LLC, a California limited liability company in 22 accordance with its terms. 23 40. ENTIRE AGREEMENT—This Lease constitutes the entire Lease between the 24 LESSOR and LESSEE with respect to the subject matter hereof and supersedes all prior 25 leases, negotiations, proposals, commitments, writings, advertisements, publications, and 26 understandings of any nature whatsoever unless expressly referenced in this Lease. 27 41. CONTINGENCY — Notwithstanding anything to the contrary contained herein, 28 LESSEE may, it its option, terminate this Lease in the event of the following: COUNTY OF FRESNO Fresno,California 26 L-328/DSS Building 5/5610 1 (i) The Property Closing does not occur by March 31, 2019; or 2 (ii) The tenant under the Seller Lease has not vacated the Premises by June 3 30, 2024. 4 Should LESSEE elect to terminate this Lease pursuant to (i) or (ii) hereinabove, this 5 Lease shall terminate upon LESSEE providing to LESSOR at least fifteen (15) business days 6 advance written notice of such termination, unless (a) as to any termination based on (i) 7 hereinabove only, LESSOR takes fee title prior to expiration of such fifteen (15) business day 8 period, or (b) as to any termination based on (ii) hereinabove, tenant under the Seller Lease 9 vacates the Premises prior to expiration of such fifteen (15) business day period. LESSOR 10 shall not be subject to any liability for delayed possession. 11 42. SEVERABILITY — Each provision of this Lease is severable from any and all 12 other provisions of this Lease. Should any provision(s) of this Lease be for any reason 13 unenforceable, the balance shall nonetheless be of full force and effect. 14 15 16 [SIGNATURES ON FOLLOWING PAGE(S)] 17 18 19 20 21 22 23 24 25 26 27 28 COUNTY OF FRESNO Fresno,California 27 L-328/DSS Building 5/5610 1 IN WITNESS WHEREOF, the parties have executed this Lease as of the day and year first 2 hereinabove written. 3 LESSOR: LESSEE: 4 PONTIAC 3 & 5 LLC, a California COUNTY OF FRESNO limited liability company 5 6 By: - By: L� ...e 7 Clayton Medina, CFO of Manager Brian Pacheco, Chairman Board of Supervisors of the County,of Fresno 8 9 ATTEST: Bernice E. Seidel 10 Clerk to the Board of Supervisors County of Fresno, State of California 11 1 By: 2 , Depu y 13 14 15 16 17 18 19 20 21 22 23 �-ovl 24 /Jo -73 ieb 25 26 27 28 COUNTY OF FRESNO 28 Fresno,California 1 ATTACHMENT "A" 2 Premises Map 3 4 5 6 7 8 9 1 ` r..� �.� r 0 11 r r r r r r r r r 12 r r rrr r ,r r r t� 13 r T R IT IT R r R r b r� 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 COUNTY OF FRESNO Fresno,California 29 1 ATTACHMENT "B" 2 Maintenance 3 Operating Budget 4 Services Per Sq Ft Monthly Annually 5 Utility(Electrical) $ 0.182 $ 18,661.19 $ 223,934.26 Property Taxes $ 0.140 $ 14,354.76 $ 172,257.12 6 Landscaping $ 0.029 $ 2,973.49 $ 35,681.83 7 Maintenance Supplies $ 0.055 $ 5,639.37 $ 67,672.44 Pest Control $ 0.001 $ 102.53 $ 1,230.41 8 One Site Maintenance $ 0.061 $ 6,254.57 $ 75,054.89 Insurance $ 0.042 $ 4,306.43 $ 51,677.14 9 Janitorial Service $ 0.101 $ 10,355.93 $ 124,271.21 Janitorial Supplies $ 0.032 $ 3,281.09 $ 39,373.06 10 Administrative Fee $ 0.061 $ 6,254.57 $ 75,054.89 11 Total $ 0.704 $ 72,183.94 $ 866,207.23 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 COUNTY OF FRESNO Fresno,California 30 1 ATTACHMENT "C" 2 Premises Services Agreement 3 4 Landscape 5 1. Maintenance of all Landscaped areas on the Premises 2. All Tree Maintenance 6 3. Plant replacement 7 Parking Lot 1. Contract Vacuuming 8 a. 1 x a month sweeping of all parking lot stalls 9 2. Resurfacing or repaving 10 Exterior Building Maintenance 1. Pressure Washing to be performed 11 a. 2 x year-Window washing all floors b. 1 x month -Window Washing for 1st floor windows only 12 2. Painting 13 a. Graffiti removal as needed 3. Pest Control 14 a. 1 x month, exterior only—Treat and spray the outside of the building 4. Common Area Repairs 15 a. Vandalism repairs as needed 16 5. Roof Repairs 17 Janitorial 1. Daily: 18 a. Vacuum all carpeted areas b. Sweep and/or dry mop floors 19 c. Dust cleared desk and table surfaces, clean counters d. Empty all waste baskets and dispose of trash in appropriate trash bins 20 e. Clean smudges and unsightly appearances form door jambs, light switches, 21 glass partitions, and counters f. Clean and sanitize all sinks, toilets, and urinals 22 g. Clean all restroom mirrors, tile and splash walls h. Spot clean restroom walls and partitions 23 i. Refill supplies in Restrooms (paper towels, toilet tissue, soap, etc.) 2. Monthly: 24 a. Dust all blinds and sills 25 3. Perform as Required: a. Wet mop floors 26 b. Remove interior cobwebs c. Dust wall picture frames and partition tops 27 d. High dust, including walls, light fixtures, vents and ledges above normal reach, door ledges 28 e. Wash/clean light fixtures, walls, A/C vents f. Dust/clean baseboards COUNTY OF FRESg, Spot clean carpets Fresno,California forma 31 1 h. Steam clean all carpets 2 i. Strip and wax all vinyl and tile flooring j. Clean Interior windows 3 HVAC 4 1. Contract Maintenance 5 a. Quarterly Service Agreement 6 Interior Building Maintenance 1. Electrical Repairs 7 2. Plumbing a. Service calls 8 i. Urinal ii. Toilet 9 iii. Fixture repairs 10 3. Elevator Contract Maintenance a. Cost is based on two elevators 11 b. Service to be performed quarterly 12 Vendors 13 1. Lessee shall have the right to approve all vendors. 14 On-Site Management 1. Property Management available upon request 15 2. 1 x week- Property Management assessment of interior and exterior of building visits with lead personnel 16 3. Property Management or their representative will visit the building on a daily basis Monday through Friday. 17 18 Utilities 1. Utility- Gas-Tenant pays direct to PG&E 19 2. Utility- Electric-Tenant pays to LESSOR 3. Elevator Phone Line 20 a. To allow access to make emergency calls in case of an entrapment 21 Fire Safety 22 1. Maintenance of Fire Alarm System 23 a. Testing system on quarterly basis per FFD regulations b. Testing system on a yearly basis per FFD regulations 24 c. Testing system on a 5-year basis per FFD regulations 2. Fire System Phone Line 25 a. Phone line to ensure fire alarm system is active and able to communicate to 26 central monitoring station 27 Insurance 1. Property Insurance based on then current Building value 28 2. General Liability 3. Other coverages, including earthquake insurance COUNTY OFFRESNO Fresno,California 32 1 Property Taxes 2 1. Property taxes and assessments 3 Operating Expenses 1. Operating expenses shall be considered Additional Rent under the Lease. 4 2. Additional rent shall be paid by Lessee on or about the 1 sf of the month along with 5 monthly Base Rent. Each payment shall be equal to 1/12fh of the annual budget. 6 3. Lessor shall endeavor to deliver to Lessee an annual good faith Operating Expense 7 budget at least 120 days prior to the start of the next calendar year. 8 4. Within 90 days after the year is completed, Lessor shall submit to Lessee a reconciliation of the actual Operating Expenses. 9 5. Any overpayment of Operating Expenses shall, at Lessor's option, either be refunded to 10 Lessee within thirty (30) days after Lessor's delivery of the statement setting forth such amount OR credited against Lessee's installment(s) of the rent next becoming due 11 under this Lease. Any underpayment shall be paid by Lessee to Lessor within 45 days. 12 Modification to Agreement 13 This agreement may be modified upon the mutual agreement of both parties. 14 Administration Fee Lessee shall pay a 9.5%Administration Fee to Lessor on all expenses. 15 16 Repairs Lessor shall make any necessary repairs and replacements during the course of the 17 life of the lease of every kind and nature and which shall be considered an operating expense. 18 All repairs, replacement, maintenance, restoration or operation of the building and on 19 any floor or conference room are considered as part of this agreement and will be an 20 operating expense whether paid or incurred and without any limitation. 21 Term of Agreement The term of this agreement will be for the life of the Lease. 22 Termination of Agreement 23 This Premises Services Agreement or any portion thereof may be terminated by Lessee with a 60-day notice for cause. 24 25 *To the extent Lessor and Lessee agree upon modifications to the services to be provided by 26 Landlord pursuant hereto, the budget shall be modified to reflect such modifications and 27 Tenant's estimated monthly payment shall be adjusted accordingly. 28 COUNTY OF FRESNO Fresno,California 33 1 ATTACHMENT "D" 2 3 SELF-DEALING TRANSACTION DISCLOSURE FORM 4 In order to conduct business with the County of Fresno (hereinafter referred to as"County"), members of a contractor's board of directors (hereinafter referred to as "County Contractor'), 5 must disclose any self-dealing transactions that they are a party to while providing goods, 6 performing services, or both for the County. A self-dealing transaction is defined below: "A self-dealing transaction means a transaction to which the corporation is a party and in 7 which one or more of its directors has a material financial interest" 8 The definition above will be utilized for purposes of completing this disclosure form. 9 10 INSTRUCTIONS (1) Enter board member's name,job title (if applicable), and date this disclosure is being 11 made. 12 (2) Enter the board member's company/agency name and address. 13 (3) Describe in detail the nature of the self-dealing transaction that is being disclosed to 14 the County. At a minimum, include a description of the following: a. The name of the agency/company with which the corporation has the 15 transaction; and 16 b. The nature of the material financial interest in the Corporation's transaction 17 that the board member has. (4) Describe in detail why the self-dealing transaction is appropriate based on 18 applicable provisions of the Corporations Code. 19 (5) Form must be signed by the board member that is involved in the self-dealing 20 transaction described in Sections (3) and (4). 21 Mail the completed form to: County of Fresno Attn: Lease Services (L-328) 22 Internal Services Department 333 W. Pontiac Way 23 Clovis, CA 93612 24 25 26 27 28 COUNTY OF FRESNO Fresno,California 34 1 (1)Company Board Member Information: 2 Name: Date: Job Title: 3 (2)Company/Agency Name and Address: 4 5 6 7 8 (3)Disclosure(Please describe the nature of the self-dealing transaction you are a party to): 9 10 11 12 13 14 15 16 17 18 4)Explain why this self-dealing transaction is consistent with the requirements of Corporations Code 5233 19 (a): 20 21 22 23 24 25 (5)Authorized Signature 26 Signature: Date: 27 28 COUNTY OFFRESNO Fresno,California 35