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HomeMy WebLinkAboutAgreement A-17-646 with Pontiac 2 LLC Building 2 Lease.pdf Agreement No. 17-646 L-326/DSS Building 2/5610 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 2 LLC, a 4 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 3500 Pelco Way, Clovis, CA 93612, which includes a building 11 containing approximately 21,966 square feet of office space and 87,117 of warehouse space 12 (the "Building"), together with surrounding common area parking (Fresno County Assessor's 13 Parcel Number 493-070-70s), as depicted on Attachment"A" hereto and by this reference 14 incorporated herein (the"Premises"). LESSOR represents, covenants, and warrants to 15 LESSEE that prior to delivery of the Lessor Occupancy Notice (as defined below), Lessor 16 shall not permit any new mortgages, deeds of trust, leaseholds, pledges, conditions or 17 restrictions, liens or encumbrances against the Premises that are not already in existence, 18 with the exception of items permitted under Section 38 or other items that are expressly 19 subordinate to this Lease. Upon LESSEE's receipt of the Lessor Occupancy Notice(as 20 defined below), and continuing thereafter and during the term of this Lease, LESSEE shall 21 have the right to record a memorandum of this Lease against the Premises in the official 22 records of the County Recorder("Memorandum of Lease"). 23 2. TERM— 24 1. LESSOR represents that it is under contract to purchase the property of 25 which the Premises is a part("Property")from the current property owner 26 (hereinafter"Seller"') and that such contract gives Seller the option to 27 either extend the closing date of such sale or lease back the Premises after 28 the transfer of title through September 28, 2018 (the "Seller Lease"). COUNTY OF FRESNO Fresno,California 1 L-326/DSS Building 2/5610 1 LESSOR covenants not to grant any further extension of the Seller Lease. 2 LESSOR covenants, represents, and warrants to LESSEE that in any sale 3 of the Property prior to recordation of the Memorandum of Lease, Lessor 4 shall provide the transferee with notice of this Lease and provide that the 5' sale is made subject to this Lease. LESSOR's obligations under this 6 Lease are contingent upon LESSOR, taking title to the Property,which 7 closing is expected to occur either March 30, 2018 or September 28, 2018 8 (the "Property Closing"). Upon the termination or expiration of the Seller 9 Lease and vacation of the Premises by the tenant under the Seller Lease, 10 or upon completion of the Property Closing if there is no Seller Lease, 11 LESSOR shall provide written notice to LESSEE that the Property is 12 available for occupancy ("Lessor Occupancy Notice"). 13 2. The term of this Lease shall be ten (10) years (the"Term" or"term") 14 commencing on the date LESSEE first takes occupancy of the Premises 15 (hereinafter"Rent Commencement Date") as set forth in a written 16 acknowledgement signed by LESSOR and LESSEE's Director of Internal 17 Services,which may only be given after LESSSEE's receipt of the Lessor 18 Occupancy Notice. It is understood by the parties herein that LESSEE's 19 occupancy of the Premises shall commence only after said written 20 acknowledgement is executed which such acknowledgement shall not be 21 unreasonably withheld or delayed; furthermore, occupancy must 22 commence on the first(1st) day of a month, unless otherwise agreed by the 23 parties in writing. 24 3. RENT/OPERATION COSTS—LESSEE shall pay to LESSOR on a monthly 25 basis both Base Rent and Additional Rent(as both terms are defined hereinbelow). Base 26 Rent and Additional Rent shall hereinafter be collectively referred to as the "Rent." 27 1. Base Rent—LESSEE shall pay rent on a monthly basis for the Premises 28 ("Base Rent") beginning on the Rent Commencement Date as shown in the COUNTY OF FRESNO Fresno,California 2 L-326/DSS Building 2/5610 1 below payment schedule: 2 Rent Period Office Warehouse Total Year One $ 33,607.98 $ 48,785.52 $ 82,393.50 3 Year Two $ 34,280.14 $ 49,761.23 $ 84,041.37 4 Year Three $ 34,965.74 $ 50,756.46 $ 85,722.20 Year Four $ 35,665.06 $ 51,771.58 $ 87,436.64 5, Year Five $ 36,378.36 $ 52,807.02 $ 89,185.37 Year Six $ 37,105.93 $ 53,863.16 $ 90,969.08 6 Year Seven $ 37,848.04 $ 54,940.42 $ 92,788.46 Year Eight $ 38,605.00 $ 56,039.23 $ 94,644.23 7 Year Nine $ 39,377.11 $ 57,160.01 $ 96,537.12 Year Ten $ 40,164.65 $ 58,303.21 $ 98,467.86 8 2. ADDITIONAL RENT— In addition to the Base Rent, LESSEE shall pay on 9 a monthly basis as "Additional Rent", the annual operations costs for the 10 Premises to LESSOR, consisting of 100% of LESSOR'S actual out of 11 pocket cost for real estate taxes, insurance and all maintenance related 12 expenses incurred by LESSOR allocable to the Premises (collectively, 13 "Operation Costs") as listed in the Operating Budget attached hereto as 14 Attachment"B" and incorporated herein by reference. Anticipated total 15 Operation Costs for the 2018 calendar year based on current Operation 16 Costs are $921,533.18 as set forth in Attachment "B,"though the parties 17 acknowledge that Attachment"B" is simply an estimate for informational 18 purposes only and shall not be deemed or otherwise construed as a 19 representation, warranty or covenant by LESSOR as to the actual 20 Operation Costs for the 2018 calendar year. Based on the foregoing 21 estimate, beginning on the Rent Commencement Date, LESSEE shall pay 22 Additional Rent to LESSEE for each month or partial month at the rate of 23 $76,794.43 per month, unless LESSOR provides LESSEE with an revised 24 budget or a statement (as described hereinbelow) showing that LESSOR's 25 actual Operation Costs have increased, at which time LESSEE shall pay 26 Additional Rent in accordance with LESSOR's revised budget estimate or 27 statement. 28 Within 90 days after the end of each calendar year this Lease is in force, LESSOR COUNTY OF FRESNO , Fresno,California 3 L-326/DSS Building 2/5610 1 shall make good faith efforts and endeavor to furnish to LESSEE, a statement covering the 2 calendar year just expired, showing by cost category the actual Operation Costs incurred for 3 that year, the monthly payments made by LESSEE during that year for the Operation Costs, 4 and the bills or records supporting each of such costs and the allocations of such costs to 5' LESSEE. If LESSEE's share of the Operation Costs exceeds LESSEE's prior payments, 6 LESSEE shall pay to LESSOR, as Additional Rent, the deficiency, within 45 days after receipt 7 of such annual statement and supporting information/documentation. If LESSEE's payments 8 for the calendar year exceed LESSEE's actual share of the Operation Costs, and provided 9 LESSEE is not in arrears as to the payment of any Base Rent or Additional Rent, LESSEE 10 may offset the excess against any payments of Operation Costs next due LESSOR. 11 4. UTILITIES— 12 LESSEE shall pay market rate to the LESSOR for metered electricity, which amounts 13 shall be included as a component of Operation Costs payable monthly to LESSOR as 14 Additional Rent. 15 LESSEE is responsible for contracting directly with the applicable utility provider and 16 paying directly thereto for natural gas, water/sewer, garbage, telephone and internet services 17 for the Premises and any and all other utility services LESSEE requires in connection with its 18 use of the Premises. 19 5. MAINTENANCE AND REPAIRS—LESSOR shall be responsible for all 20 exterior and interior maintenance, including repair of air conditioning, heating units, plumbing 21 systems, electrical systems, elevators, and interior/exterior lights and fixture ballasts, fire 22 sprinkler system, roof, painting, flooring, landscape, parking and other maintenance at the 23 Premises, as set forth in the Premises Services Agreement, attached hereto as 24 Attachment"C" and incorporated herein by reference. LESSOR is also responsible for the 25 structural condition of the building and agrees that the building will always be maintained in a 26 condition acceptable for the LESSEE'S intended use of the Premises. LESSOR's 27 maintenance responsibilities shall include carpet replacement and exterior and interior 28 painting, as needed, due to normal wear and tear. All items of maintenance and repair as set COUNTY OF FRESNO / Fresno,California 4 L-326/DSS Building 215610 1 forth in Attachment"C" shall be included as a component of Operation Costs payable monthly 2 to LESSOR as Additional Rent. 3 In the event building systems such as air conditioning and heating units malfunction, 4 restroom fixtures are not draining properly, or water intrusion, leaks or other events that 5' immediately impact the occupancy of the Premises by LESSEE occur, LESSOR shall use its 6 best efforts to respond within twenty-four(24) hours after contact by LESSEE to diligently 7 pursue repairs and replace equipment to restore the systems to full working order. Structural 8 issues, including but not limited to damaged doors, walls, roof, and windows shall be a 9 priority, and shall be addressed within the same day such are reported. LESSOR covenants 10 that the Premises shall be maintained in substantially the same condition as existing on the 11 Rent Commencement Date. 12 LESSEE shall be responsible for damages and repairs caused by LESSEE or 13 LESSEE's employees, clients, contractors, or other invitees. 14 6. USE - LESSEE shall use the Premises as office space for its Department of 15 Social Services or for any other County department. LESSEE shall comply with all applicable 16 laws, ordinances and regulations in connection with such use. 17 Subject to Section 34, LESSOR covenants that: (i) as of the Rent 18 Commencement Date, the Premises shall be in compliance with all applicable local, state and 19 federal laws, ordinances and regulations, including but not limited to safety regulations, health 20 and building codes; and (ii) the Premises shall remain in such compliance throughout the 21 term of this LEASE, subject to LESSOR's right to cure pursuant to Section 12. 22 7. JANITORIAL SERVICES AND COST—LESSOR shall procure and provide 23 janitorial services and supplies at the Premises (hereinafter"Janitorial Services"). Such 24 Janitorial Services shall be provided five (5) days per week and shall include the services and 25 supplies as described in Attachment"C". All such expenses for Janitorial Services shall be 26 included as a component of Operation Costs payable monthly to LESSOR as Additional Rent. 27 LESSOR and LESSEE may agree to select a different janitorial service to correct 28 deterioration in the quality of the janitorial service, or for any other reason mutually agreed COUNTY OF FRESNO Fresno,California 5 L-326/DSS Building 2/5610 1 upon by the parties. 2 8. ALTERATIONS—LESSEE shall make no, alterations, installation, changes or 3 additions in or to the Premises or Building (collectively, "Alterations")without written consent 4 from LESSOR. Alterations shall not include moveable office furniture, office furnishings and 5' office equipment. 6 9. INDEPENDENT CONTRACTOR— In performance of the work, duties and 7 obligations assumed by LESSOR under this Lease, if any, it is mutually understood and agreed 8 that LESSOR, including any and all of the LESSOR'S officers, agents, and employees will at all 9 times be acting and performing as an independent contractor, and shall act in an independent 10 capacity and not as an officer, agent, servant, employee,joint venture, partner, or associate of 11 the LESSEE. Furthermore, LESSEE shall have no right to control or supervise or direct the 12 manner or method by which LESSOR shall perform its work and function; provided, LESSOR 13 shall satisfy and comply with its obligations as set forth herein. 14 LESSOR and LESSEE shall comply with all applicable provisions of law and the rules 15 and regulations, if any, of governmental authorities having jurisdiction over matters the 16 subject thereof. 17 Because of its status as an independent contractor, LESSOR shall have absolutely no 18 right to employment rights and benefits available to LESSEE'S employees. LESSOR shall be 19 solely liable and responsible for providing to, or on behalf of, its employees all legally-required 20 employee benefits. In addition, LESSOR shall be solely responsible and save LESSEE 21 harmless from all matters relating to payment of LESSOR'S employees, including compliance 22 with Social Security withholding and all other law and regulations governing such matters. It 23 is acknowledged that during the term of this Lease, LESSOR may be providing services to 24 others unrelated to the LESSEE or to this Lease. 25 10. COMPLIANCE WITH ALL LAWS—If any work is undertaken at the Premises by 26 or on behalf of LESSOR, LESSOR shall comply with, and shall ensure compliance by all 27 contractors and subcontractors with, all applicable laws and regulations, including the payment 28 of prevailing wages pursuant to Section 1770 et. seq. of the Labor Code. Notwithstanding the COUNTY OF FRESNO 6 Fresno,California L-326/DSS Building 2/5610 1 foregoing, neither this Lease nor either party contemplates LESSOR undertaking any 2 improvements to the Premises during the term of this Lease. 3 11. NON FUNDING TERMINATION—This LEASE is contingent on the allocation 4 of funds by a governmental agency. Should funds not be allocated, this LEASE may be 5' terminated by the Board of Supervisors at any time by giving at least thirty (30) days prior 6 written notice to LESSOR. 7 12. BREACH OF OBLIGATION TO MAINTAIN —In the event LESSOR breaches 8 its obligation to maintain the Premises as herein provided, LESSEE shall give written notice 9 to LESSOR within fifteen (15) days of the discovery of such breach. LESSOR shall then 10 have thirty(30) days from the date of such notice to cure its breach; however, if such default 11 continues beyond thirty (30) days after written notice thereof from LESSEE to LESSOR then 12 LESSOR will not be in default hereunder if within such thirty (30) day period, LESSOR 13 commences the curing of such default and diligently and in good faith prosecutes the same to 14 completion. If the period for cure expires and if, in LESSEE'S sole and reasonable 15 determination, LESSOR has failed to cure, then LESSEE may, at its election: 16 (A) terminate this LEASE by providing thirty (30) days prior written notice. In such 17 case, LESSEE shall have the right to demand LESSOR refund any monies 18 which, in the reasonable judgment of LESSEE, were paid to LESSOR 19 pursuant to the LEASE but which were not earned by LESSOR by 20 consequence of its breach. Upon receipt of such demand, LESSOR shall 21 promptly refund all such monies; or 22 (B) cure LESSOR'S breach and deduct the cost of such cure, together with 23 reasonable administrative costs, from LESSEE'S future rent obligation. 24 LESSEE'S decision to cure LESSOR'S breach shall not constitute a waiver of 25 any rights or remedies that LESSEE may have arising from this LEASE or by 26 operation of law, except that LESSEE shall not have the right to terminate 27 described above with respect to the circumstances related to such cured 28 breach. COUNTY OF FRESNO Fresno,California 7 L-326/DSS Building 2/5610 1 13. CONDEMNATION OR PROHIBITED USE—If the Premises, or any portion 2 thereof, is appropriated, condemned, or taken by any governmental authority or public agency 3 other than LESSEE by use or exercise of eminent domain proceedings or other proceedings, 4 or by inverse condemnation, or is sold under threat of use or exercise of eminent domain by 5 any governmental authority or public agency other than LESSEE, or if by reason of law, 6 ordinance, regulation, or court judgment, LESSEE's use or occupancy of the Premises, or 7 any portion thereof, shall be materially and adversely affected for the period set forth in 8 clause (i) below, but excluding therefrom any day that is not a LESSEE business day 9 (hereinafter collectively "Condemnation or Prohibited Use"), then LESSEE shall have the right 10 to do either of the following: 11 (i) If the Condemnation or Prohibited Use has a material adverse effect on 12 LESSEE's use and occupancy of the Premises and is reasonably anticipated 13 to impact such use in excess of ninety (90) days, then LESSEE may terminate 14 this LEASE by giving written notice thereof to LESSOR. Such notice shall 15 specify a date of termination of this LEASE not less than one hundred eighty 16 (180) calendar days, and not more than two-hundred ten (210) calendar days, 17 from the date of such notice, or from the date that LESSEE's use of the 18 Premises will be materially adversely affected pursuant to the notice LESSEE 19 receives from LESSOR of such appropriation, condemnation, taking, or sale 20 that shall prohibit LESSEE's use or occupancy of the Premises, or the affected 21 part thereof, whichever is earlier. The County Administrative Officer or the 22 Director of Internal Services/Chief Information Officer, or a designee of one of 23 them, shall have the authority to provide such notice on behalf of LESSEE. 24 (ii) LESSEE may renegotiate with LESSOR with respect to the terms of any 25 amounts to be owed by LESSEE hereunder, including any portion or 26 installment of the Base Rent, when such are due and payable, and/or any 27 other amounts otherwise due and payable hereunder, for the remainder of 28 Premises not affected by such Condemnation or Prohibited Use during the COUNTY OF FRESNO Fresno,California 8 L-326/DSS Building 2/5610 1 balance of the term of this LEASE. Any such renegotiated terms of the Base 2 Rent, and/or any other amounts otherwise to be due and payable herein shall 3 be sought in good faith and without unreasonable delay by the Parties, and 4 made only by written amendment, pursuant to Section 20, herein. 5' 14. DESTRUCTION OR DAMAGE FROM CASUALTY— If the Premises are 6 damaged or destroyed as a result of fire, earthquake, act of God, or any other identifiable 7 event of a sudden, unexpected, or unusual nature (hereinafter"Casualty"), then LESSOR 8 shall either promptly and diligently repair the damage at its own cost, or terminate this Lease 9 as hereinafter provided. If LESSOR obtains any proceeds from the Property Insurance Policy 10 (as defined in Section 16 hereinbelow)that are not otherwise payable to any mortgagee or 11 beneficiary, and this Lease is not terminated as a result of such Casualty pursuant to the 12 terms hereof, then LESSOR shall promptly apply all of such insurance proceeds toward the 13 repair and restoration of the Premises pursuant to LESSOR's obligations under this 14 Section 14. 15 (A) LESSOR'S Election to Repair: If LESSOR elects to repair the Casualty 16 damage to the Premises, then it shall within fifteen (15) days after the date of 17 Casualty or as soon as possible thereafter provide written notice(hereinafter 18 "Notice of Repair")to LESSEE indicating the anticipated time required to 19 repair. LESSOR shall bear the cost of all repairs to the Premises, including 20 the cost to repair any alterations or fixtures installed or attached thereto by 21 LESSEE. Such repairs shall restore the Premises to substantially the same 22 condition as existing on the Rent Commencement Date; such repairs shall 23 also be made in compliance with all applicable state and local building 24 codes. LESSOR shall not be liable to LESSEE for compensation for any 25 loss of business, or any inconvenience or annoyance arising from repair of 26 the Premises as a result of the Casualty except for rent reduction as 27 hereinafter provided. LESSEE shall be responsible at its sole cost and 28 expense for the replacement of its personal property. COUNTY OF FRESNO - Fresno,California 9 L-326/DSS Building 2/5610 1 (B) LESSOR'S Election to Terminate Due to Casualty: LESSOR may only elect 2 to terminate this LEASE due to Casualty if: the Premises have been 3 destroyed or substantially destroyed by said Casualty; and the estimated 4 time to repair the Premises exceeds sixty(60) days from the date of the 5' Casualty. LESSOR shall provide LESSEE with written notice of its election to 6 terminate within forty-five (45) days after the date of Casualty, specifying a 7 termination date not less than thirty (30) days from the date of said notice. 8 (C) Rent Reduction Due to Casualty: In the event of Casualty, LESSEE'S 9 obligation to pay rent shall be reduced beginning on the date of the Casualty. 10 Such reduction shall be proportional to the damage caused to the Premises 11 by the Casualty as reasonably determined by LESSEE. If LESSOR elects to 12 repair the Premises pursuant to the terms of this LEASE, to the extent the 13 premises remain unusable then the rent reduction shall continue until the 14 date of substantial completion of repair. 15 (D) LESSEE'S Election to Terminate Due to Casualty: If LESSEE does not 16 receive a Notice of Repair from LESSOR within fifteen (15) days or as soon 17 as reasonably possible after a Casualty, or if the anticipated period of repair 18 contained in the Notice of Repair exceeds ninety (90) days, then LESSEE 19 may elect to terminate this LEASE by providing thirty(30) days prior written 20 notice to LESSOR. In such case, LESSEE shall have the right to demand 21 that LESSOR refund any monies which, in the reasonable judgment of 22 LESSEE, were paid to LESSOR pursuant to the LEASE but which were not 23 earned by LESSOR by consequence of the Casualty. Upon receipt of such 24 demand, LESSOR shall promptly refund all such monies. 25 15. HOLD HARMLESS— LESSOR will indemnify, defend, and hold LESSEE 26 harmless from and against any and all liabilities, claims, demands, actions, proceedings, 27 costs, expenses or damages of any kind or nature (collectively, "Claims") in any manner 28 directly or indirectly caused, occasioned or contributed to by reason of the negligence, COUNTY OF FRESNO Fresno,California 10 L-326/DSS Building 2/5610 1 whether active or passive, of LESSOR or anyone acting under its direction or control or on its 2 behalf in connection with or incidental to the performance of LESSOR'S obligations pursuant 3 to this Lease. 4 LESSEE will indemnify, defend, and hold LESSOR harmless from and against any 5' Claims in any manner directly or indirectly caused, occasioned or contributed to by reason of 6 the negligence, whether active or passive, of LESSEE or anyone acting under its direction or 7 control or on its behalf in connection with or incidental to the performance of this Lease or any 8 Claims otherwise arising in connection with LESSEE'S use and occupancy of the Premises. 9 The parties acknowledge that as between LESSOR and LESSEE, each is 10 responsible for any Claims arising from the acts or omissions of its own employees and 11 invitees and notwithstanding anything to the contrary in this Section 15, each Party hereby 12 waives any claim for or right to consequential or punitive damages. 13 16. INSURANCE— 14 A. LESSOR shall maintain in full force and effect, the following insurance 15 policies throughout the term of the Lease: 16 1. Commercial General Liability- Commercial General Liability Insurance 17 covering the common areas located on the Premises with limits of not less 18 than Two Million Dollars ($2,000,000) per occurrence and an annual 19 aggregate of Four Million Dollars ($4,000,000). This policy shall be issued 20 on a per occurrence basis. 21 2. Property Insurance—A "Property Insurance Policy"which is defined herein 22 to mean a policy of special form, so called "all-risk" of physical loss 23 property insurance insuring against fire, theft, vandalism, malicious 24 mischief, sprinkler leakage and such additional perils as are now or 25 hereafter may be included in broad form coverage (at LESSOR or 26 LESSEE's option or if otherwise required by LESSOR's mortgagee, if any, 27 also to include coverage against earthquake and flood) from time to time in 28 general use in the State of California covering the full replacement value of COUNTY OF FRESNO Fresno,California 11 L-326/DSS Building 2/5610 1 all alterations, additions, partitions, improvements, machinery, equipment, 2 and fixtures made or placed by LESSEE in the Premises, covering the 3 Building and other improvements on the Premises, and covering any other 4 perils which LESSEE deems reasonably necessary and so requests to be 5' covered by written notice to LESSOR. The Property Insurance Policy shall 6 name LESSOR and the holder of any mortgage or deed of trust 7 encumbering the Premises (if any), as its interest may appear, as a loss 8 payee under such policy. The limits for such insurance shall be for not less 9 than the full replacement value of the Building as improved and existing as 10 of the date of Casualty (the "Minimum Insured Amount"). On the Rent 11 Commencement Date, from time to time as LESSEE makes improvements 12 to the Building, upon LESSOR's request, and at such other times during 13 the Term as LESSEE elects in its discretion, LESSEE shall deliver to 14 LESSOR written notice of the Minimum Insured Amount and LESSOR shall 15 communicate such Minimum Insured Amount to its insurer. Neither 16 LESSOR nor LESSEE shall do or permit anything to be done which 17 invalidates any such insurance policies. 18 3. Rental Loss Insurance-A policy of rental interruption or rental loss 19 insurance against loss, total or partial, of the use and occupancy of the 20 Premises, in an amount sufficient to pay the Base Rent and Additional 21 Rent required to be paid by LESSEE hereunder for a twenty—four (24) 22 month period, as a result of any of the hazards covered by the Property 23 Insurance Policy required hereunder. 24 4. Worker's Compensation -Worker's Compensation insurance, if required by 25 the California Labor Code. 26 LESSOR shall obtain endorsements to the Commercial General Liability 27 insurance naming the County of Fresno (hereinafter"County"), its officers, agents,and 28 employees, individually and collectively, as additional insured, but only insofar as the COUNTY OF FRESNO Fresno,California 12 L-326/DSS Building 215610 1 operations under this Lease are concerned. This insurance shall not be cancelled or 2 changed without a minimum or thirty(30) days advance written notice given to County. 3 Within (30) days after the Rent Commencement Date, LESSOR shall provide 4 certificates of insurance and endorsement as stated above for all of the foregoing policies, as 5' required herein, to the County of Fresno, Attn: ISD Lease Services (L-326), 333 W. Pontiac 6 Way, Clovis, CA 93612 stating that such insurance coverages have been obtained and are in 7 full force; that such Commercial General Liability insurance names the LESSEE, its officers, 8 agents, and employees, individually and collectively, as additional insured as required herein 9 and that such insurance shall not be cancelled or changed without a minimum of thirty (30) 10 days advance, written notice given to LESSEE. 11 In the event LESSOR fails to keep in effect at all times insurance coverage as 12 herein provided, then LESSEE may, after thirty (30) days written notice to LESSOR, obtain 13 such insurance on LESSOR'S behalf and offset Base Rent by the amount of such insurance 14 premiums incurred by LESSEE after providing written notice of such amounts and proof of 15 insurance to LESSOR. 16 The costs incurred by LESSOR in obtaining and maintaining the insurance policies 17 required of LESSOR hereunder(including any deductibles payable in the event of a loss 18 covered by such policies) shall be referred to herein collectively as "LESSOR'S Insurance 19 Costs" and shall be reimbursable to LESSOR as Additional Rent in accordance with Section 3 20 hereinabove. 21 B. LESSEE shall maintain during the term of this Lease the following policies of 22 insurance, which coverages may be provided in whole or in part through one 23 or more programs of self-insurance (provided that any such self-insurance 24 program shall not diminish or reduce LESSEE'S liability hereunder): 25 i. Commercial General Liability insurance with limits of not less than 26 Two Million Dollars ($2,000,000.00) per occurrence and an annual 27 aggregate of not less than Four Million Dollars ($4,000,000.00). 28 This policy shall be issued on an occurrence basis, shall name COUNTY OF FRESNO Fresno,California 13 L-326/DSS Building 2/5610 1 LESSOR as additional insured, and shall be primary and non- 2 contributing as to occurrences and claims in connection with events 3 occurring within the Building (as opposed to in the common area of 4 the Premises for which LESSOR'S Commercial General Liability 5' policy shall be primary). 6 ii. All-Risk property insurance. A Special form casualty insurance 7 coverage which shall include fire and such other perils as are 8 customarily included in such insurance maintained by prudent 9 tenants leasing similar space in the same general area of the 10 Premises, in an amount adequate to cover the replacement cost of 11 (i) LESSEE'S merchandise, trade fixtures, furnishings, equipment 12 and other personal property of LESSEE located on or within the 13 Premises, and (ii) at LESSEE's option, the leasehold 14 improvements, alterations and additions to the Premises for which 15 LESSOR shall be named as a loss payee under such insurance, 16 provided however, the proceeds of such insurance shall be 17 delivered to and used by LESSOR to repair or replace the affected 18 leasehold improvements, alterations and additions, and if not so 19 used, shall be paid to LESSEE. 20 LESSEE shall provide copies of the insurance policies, appropriately authenticated by 21 the insurer, or original insurance certificates reasonably acceptable to LESSOR, evidencing 22 the insurance coverages called for above. Such copies of policies or certificates shall be 23 furnished to LESSOR upon execution of this Lease. The policies or certificates shall contain 24 a provision that the insurer will not cancel or refuse to renew the policies, or change in any 25 material way the nature or extent of the coverage provided by such policies without first giving 26 LESSOR thirty (30) days prior written notice. Thirty(30) days prior to expiration of any 27 policies of insurance carried by LESSEE, LESSEE shall provide proof of continuing coverage. 28 Waiver of Subrogation. Neither LESSOR nor LESSEE shall be liable to the other or to COUNTY OF FRESNO Fresno,California 14 L-326/DSS Building 2/5610 1 any insurance company(by way of subrogation or otherwise) insuring the other party for any 2 loss or damage to any building, structure or other tangible property, or any resulting loss of 3 income and benefits, even though such loss or damage might have been occasioned by the 4 negligence of such party, its agents or employees, if any such loss or damage is covered by 5' insurance benefiting the party suffering such loss or damage or was required to be covered 6 by insurance pursuant to this Lease. LESSOR and LESSEE shall require their respective 7 insurance companies to include a standard waiver of subrogation provisions in their 8 respective policies. 9 All policies hereunder shall be with admitted insurers licensed to do business in the 10 State of California. Insurance purchased shall be purchased from companies possessing a 11 current AM Best Company rating of A FSC VII or better. 12 17. SURRENDER OF POSSESSION / HOLDOVER—Upon the expiration or 13 termination of this Lease, LESSEE will surrender the Premises to LESSOR broom clean and 14 otherwise in such condition as existing on the Rent Commencement Date, less reasonable 15 wear and tear, but including all improvements made by LESSEE. If LESSEE holds over after 16 the expiration of the Term or earlier termination thereof, with or without the express or implied 17 consent of LESSOR, such tenancy shall be tenancy at sufferance only, and shall not 18 constitute a renewal hereof or an extension for any further term, and in such case LESSEE 19 shall pay one hundred three percent(103%) of the Base Rent in effect just prior to expiration 20 or termination, until either party gives the other thirty (30) days written notice of termination, 21 reciting therein the effective date of cancellation. LESSOR hereby expressly reserves the 22 right to require LESSEE to surrender possession of the Premises to LESSOR as provided in 23 this Lease upon the expiration or other termination of this Lease. The provisions of this 24 Section 17 shall not be deemed to limit or constitute a waiver of any other rights or remedies 25 of LESSOR provided herein or at law. 26 18. FIXTURES—LESSOR agrees that any equipment, fixtures or apparatus 27 installed in or on the Premises by LESSEE shall continue to be the property of LESSEE and 28 may be removed by LESSEE at any time. LESSEE shall pay for the repair of any damage COUNTY OF FRESNO Fresno,California 15 L-326/DSS Building 2/5610 1 caused by the removal of fixtures. Any fixtures not removed after LESSEE surrenders 2 possession shall become the property of LESSOR. 3 19. RIGHT OF ENTRY—LESSOR, or its representative(s), upon twenty-four(24) 4 hour notice, or immediately in the event of an emergency, shall have the right to enter the 5' Premises at any time during business hours, or at such other time as LESSEE deems 6 appropriate, to make any alterations, repairs or improvements to the Premises. The normal 7 business of LESSEE or its invitees shall not be unnecessarily inconvenienced. In the event 8 of an emergency, LESSOR may enter the Premises at any time without giving prior notice to 9 LESSEE. 10 20. AMENDMENT—This Lease may be amended in writing by the mutual consent 11 of the parties without in any way affecting the remainder of this Lease. 12 21. NON-ASSIGNMENT—Neither Party shall assign,transfer or sub-let this LEASE, 13 or the rights or duties under this LEASE,without the prior written consent of the other Party, 14 which consent shall not be unreasonably withheld or denied, except that LESSOR may sell or 15 refinance the Premises or any part thereof, in which case LESSOR shall promptly notify 16 LESSEE in writing of such sale or refinancing. Further, in the event of any such assignment, 17 sublease or transfer of LESSEE's rights or obligations hereunder, the originally named LESSEE 18 hereunder(i.e.,the COUNTY OF FRESNO, a political subdivision of the State of California) 19 shall remain fully and primarily liable for all duties and obligations of LESSEE under this 20 Lease. 21 22. GOVERNING LAW—Venue for any action arising out of or relating to this 22 Lease shall be in Fresno County, California. This Lease shall be governed by the laws of the 23 State of California. 24 23. AUDITS AND INSPECTIONS—The LESSOR shall at any time during 25 business hours, and as often as the COUNTY may deem necessary, make available to the 26 COUNTY for examination all of its records and data with respect to the matters covered by 27 this Agreement. The LESSOR shall, upon request by the COUNTY, permit the COUNTY to 28 audit and inspect all of such records and data necessary to ensure LESSOR compliance with COUNTY OF FRESNO Fresno,California 16 L-326/DSS Building 2/5610 1 the terms of this Agreement. 2 If this Agreement exceeds ten thousand dollars ($10,000.00), LESSOR shall be subject to the 3 examination and audit of the Auditor General for a period of three (3) years after final 4 payment under contract(Government Code Section 8546.7). 5' 24. NOTICES—All notices to be given under this Lease by either Party to the 6 other Party shall be in writing, and given by any one of the following methods: 7 (i) Personal delivery to the applicable address as set for below; or 8 (ii) Sent by certified United States mail, first class postage prepaid, with 9 return receipt requested, to the applicable addresses as set forth below, in which case such 10 notice shall be deemed given three (3) business days if LESSOR is the recipient, or three (3) 11 days if LESSEE is the recipient, after such deposit and postmark with the United States 12 Postal Service; or 13 (iii) Sent by a reputable overnight commercial courier, in which case such 14 notice shall be deemed given one (1) business day if LESSOR is the recipient, or one (1) day 15 if LESSEE is the recipient, after such deposit with that courier to the applicable addresses as 16 set forth below. 17 The addresses and telephone numbers of the Parties for purposes of giving 18 receiving notices under this Lease are as follows: 19 LESSEE: LESSOR: 20 County of Fresno PONTIAC 2 LLC, a California 21 County Administrative Office (CAO) limited liability company 2281 Tulare Street, Suite 304 Attn: Clayton Medina 22 Hall of Records 2780 N. Miami Ave., Ste. 10 23 Fresno, CA 93721 Fresno, CA 93727 (559) 600-1710 (559) 346-1400 24 with copies to: 25 County of Fresno (L-326) 26 Director of Internal Services 27 333 W. Pontiac Way Clovis, CA 93612 28 (559) 600-6200 COUNTY OF FRESNO Fresno,California 17 L-326/DSS Building 2/5610 1 Provided however, such notices may be given to such person or at such other place as 2 either of the Parties may from time to time designate by giving written notice to the other Party, 3 and provided further however, in any event notices of changes of address or termination of this 4 Lease shall not be effective until actual delivery of such notice. Notices given hereunder shall 5' not be amendments or modifications to this Lease. Further,for all claims arising from or related 6 to this agreement, nothing in this agreement establishes, waives, or modifies any claims 7 presentation requirements or procedures provided by law, including but not limited to the 8 Government Claims Act(Division 3.6 of Title 1 of the Government Code, beginning with section 9 810). 10 25. DISCLOSURE OF SELF DEALING TRANSACTIONS—This provision is only 11 applicable if the LESSOR is operating as a corporation (a for-profit or non-profit corporation) 12 or if during the term of this Lease, the LESSOR changes its status to operate as a 13 corporation. 14 Members of LESSOR'S Board of Directors shall disclose any self-dealing transactions 15 that they are a party to while LESSOR is providing goods or performing services under this 16 Lease. A self-dealing transaction shall mean a transaction to which the LESSOR is a party 17 and in which one or more of its directors has a material financial interest. Members of the 18 Board of Directors shall disclose any self-dealing transactions that they are a party to by 19 completing and signing a Self-Dealing Transaction Disclosure Form Attachment"D", attached 20 hereto and by this reference incorporated herein, and submitting it to the County of Fresno 21 prior to commencing with the self-dealing transaction or immediately thereafter. 22 26. SUCCESSORS—This Lease shall inure to the benefit of and be binding upon 23 the heirs, executors, administrators, successors and assigns of the respective parties hereto, 24 always providing that nothing in this Section 26 shall impair any of the provisions herein 25 above set forth prohibiting assignment or other transfer of this Lease by LESSEE without the 26 prior written consent of LESSOR. 27 27. LESSEE'S DEFAULT AND LESSOR'S REMEDIES— 28 A. LESSEE'S Default. LESSEE shall be in default under this Lease if LESSEE COUNTY OF FRESNO Fresno,California 18 L-326/DSS Building 2/5610 1 fails to perform any of its obligations hereunder and (i) if the failure is in the 2 payment of Base Rent, or any other failure which can be cured by the payment 3 of money, the failure continues uncured for a period of five (5) days after 4 written notice thereof from LESSOR (provided, however, LESSOR shall have 5' no obligation to provide such written notice more than two (2)times in any 6 twelve (12) consecutive month period), or(ii) if the failure is in any of the other 7 provisions of this Lease and such failure continues uncured for a period of 8 thirty (30) days after written notice thereof from LESSOR, unless such cure is 9 not capable of completion within thirty (30) days, in which case LESSEE shall 10 be afforded such additional time as may be reasonably necessary to complete 11 the cure provided LESSEE commences the cure within thirty(30) days of 12 LESSOR'S notice and diligently pursues such cure to completion, or, in the 13 event of a threatened injury to life or property due to such failure, continues for 14 such lesser period as LESSOR may specify in such written notice. 15 B. LESSOR'S Remedies. In the event of a default by LESSEE then, besides any 16 other rights and remedies of LESSOR at law or equity, LESSOR shall have the 17 following rights and remedies. All remedies herein conferred on LESSOR 18 shall, to the fullest extent permitted by law, be deemed cumulative and no one 19 exclusive of the other or of any other remedy conferred by law or in equity, and 20 nothing herein shall prevent LESSOR from pursuing any and all other 21 remedies it may have upon LESSEE'S default. 22 1. Election to Continue or Terminate Lease. LESSOR shall have the right to 23 elect either to continue or terminate this Lease, as follows: 24 (a) Continuation of Lease. LESSOR shall have the remedy described 25 in California Civil Code Section 1951.4 (LESSOR may continue this 26 Lease in effect after LESSEE'S breach and abandonment and 27 recover rent as it becomes due, if LESSEE has the right to sublet or 28 assign, subject only to reasonable limitations). Accordingly, if COUNTY OF FRESNO Fresno,California 19 L-326/DSS Building 2/5610 1 LESSOR does not elect to terminate this Lease on account of any 2 default by LESSEE, LESSOR may, from time to time, without 3 terminating this Lease, enforce all of its rights and remedies under 4 this Lease, including the right to recover all Rent as it becomes due. 5' (b) Termination of Lease. LESSOR shall have the right to terminate 6 this Lease, by giving written notice of termination to LESSEE or, if 7 LESSEE'S address is unknown, by posting such notice on the 8 Premises. Absent such written notice, no acts of LESSOR 9 (including entering, repairing, preparing to re-let, or re-letting the 10 Premises) shall be construed as an election to terminate the Lease. 11 In the event that LESSOR elects to terminate this Lease,then 12 LESSOR shall be entitled to its statutory unlawful detainer remedy. 13 C. No Event of Default. Notwithstanding anything herein to the contrary, LESSEE 14 shall NOT be in default under this LEASE solely because of the failure to pay 15 any amounts to be owed by LESSEE hereunder — including any portion or 16 installment of the Base Rent, when they are to be due and payable herein, 17 and/or any other amounts otherwise due and payable herein—to the extent such 18 amounts are subject to abatement as set forth in Section 30, hereinbelow. 19 D. No Acceleration of Future Rent or Other Payments/Amounts. Notwithstanding 20 anything to the contrary contained herein this Lease or any right or remedy of 21 which LESSOR may otherwise avail itself pursuant to applicable law, any right 22 of LESSOR to recover any rents (including Base Rent and Additional Rent) 23 and/or any other amounts to be paid by LESSEE as provided in this Lease shall 24 be without acceleration of any future Base Rent and/or any future Additional 25 Rent, and/or any other amounts to be paid by LESSEE herein, before they are 26 due and payable hereunder. LESSOR hereby expressly waives its right to 27 accelerate rent in the event of a termination of this Lease pursuant to California 28 Civil Code section 1951.2. COUNTY OF FRESNO Fresno,California 20 L-326/DSS Building 2/5610 1 28. WAIVER— No covenant or condition of this Lease shall be deemed waived, 2 except by the written consent of LESSOR or LESSEE, as appropriate, and any forbearance 3 or indulgence by the party entitled to performance shall not constitute a waiver of the 4 covenant or condition to be performed. Until complete performance of such covenant or 5' condition, the party entitled to performance shall have the right to invoke any remedy 6 available to it under this Lease or by law, despite such forbearance or indulgence. The 7 subsequent acceptance of Rent hereunder by LESSOR shall not be deemed to be a waiver of 8 any preceding default by LESSEE of any term, covenant or condition of this Lease, other than 9 the failure of LESSEE to pay the particular Rent so accepted, regardless of LESSOR'S 10 knowledge of such preceding default at the time of acceptance of such Rent. 11 29. LATE CHARGES—LESSEE hereby acknowledges that late payment by 12 LESSEE to LESSOR of Rent or other sums due hereunder shall cause LESSOR to incur 13 costs not contemplated by this Lease, the exact amount of which will be extremely difficult to 14 ascertain. Such costs include, but are not limited to, processing and accounting charges. 15 Accordingly, if any installment of Rent or any other sums due from LESSEE shall not be 16 received by LESSOR or LESSOR'S assignee within forty-five (45) days after the date due, 17 then LESSEE shall pay to LESSOR a late charge equal to three (3%) percent of such 18 overdue amount plus any attorney's fees incurred by LESSOR by reason of LESSEE'S failure 19 to pay Rent and/or other sums when due hereunder; provided that any payment postmarked 20 by the 5th of the month shall be presumed to be mailed in a timely manner. The parties 21 hereby agree that such late charge represents a fair and reasonable estimate of the cost that 22 LESSOR will incur by reason of the late payment by LESSEE. Acceptance of such late 23 charges by LESSOR shall in no event constitute a waiver of LESSEE'S default with respect to 24 such overdue amounts, nor prevent LESSOR from exercising any of the other rights and 25 remedies granted hereunder. In addition, LESSEE shall pay to LESSOR interest at the 26 Interest Rate on any delinquent payments, commencing ninety(90) days after the date 27 payment was due and continuing until paid. 28 30. INTEREST—Any amount owing from one party to the other under this Lease COUNTY OF FRESNO Fresno,California 21 L-326/DSS Building 2/5610 1 which is not paid within ninety (90) days of the date when due shall thereafter bear interest at 2 the Interest Rate. As used herein, the term "Interest Rate" means a per annum rate of 3 interest equal to the lesser of(i)five percent (5%) per annum over the then most recent 4 annual prime or reference rate of interest announced by Bank of America N.A. (or in the event 5' Bank of America N.A. ceases to publish a prime or reference rate, the prime rate of a 6 comparable national banking institution reasonably agreed upon by the parties), or(ii) the 7 maximum rate permitted by applicable law. 8 31. ABATEMENT OF BASE RENTS, AND OTHER PAYMENTS—Notwithstanding 9 anything to the contrary in this LEASE, (i) LESSEE's obligations to pay the Base Rent, and/or 10 Additional Rent and/or any other amounts otherwise due and payable hereunder to LESSOR 11 shall be abated during any period, and to the extent, that the Premises, or any portion thereof 12 (in the case of an affected portion of the Premises, then, such abatement shall also be in 13 proportion thereof), cannot be used and occupied by LESSEE pursuant to this LEASE as a 14 result of any material property damage or loss or title defect(excluding any permitted 15 encumbrances at execution date), or of any Condemnation or Prohibited Use of the 16 Premises, or any portion thereof, and (ii) any abatement of any Base Rent, and/or Additional 17 Rent and/or other amounts otherwise due and payable, herein pursuant to this Section shall 18 not be deemed to be a default under this LEASE on the part of LESSEE. 19 Abatement of any Base Rent, and/or Additional Rent and/or of any other amounts 20 otherwise due and payable hereunder shall only suspend the period during which LESSEE is 21 otherwise required to pay Base Rent, and/or Additional Rents and/or any other amounts 22 otherwise due and payable, hereunder to LESSOR, and shall not relieve LESSEE from 23 subsequently paying the remainder of all such Base Rent, and/or Additional Rents and/or any 24 other amounts otherwise due and payable herein, pursuant to this LEASE once the condition 25 giving rise to the abatement has been cured, corrected, eliminated, or satisfactorily resolved. 26 Such abatement shall continue for the period commencing with the date of such material loss 27 or title defect, or of any Condemnation or Prohibited Use of the Premises, or any portion 28 thereof, and ending with the cure, correction, elimination or satisfactory resolution of the COUNTY OF FRESNO Fresno,California 22 L-326/DSS Building 2/5610 1 material loss or title defect whereby LESSEE may use and occupy the Premises, or the 2 adversely affected portion thereof, pursuant to this LEASE. Cure, correction, elimination or 3 satisfactory resolution may, upon prior mutual written approval of LESSOR and LESSEE 4 (which the parties will negotiate in good faith and without unreasonable delay), occur in 5' commercially reasonable stages, as determined by the nature of the problem being remedied 6 and the impact that such staged remedial action and the coordination and timing thereof 7 would have on LESSEE, LESSEE's Director of Internal Services/Chief Information Officer, or 8 his/her designee, shall be authorized to execute such written approval for LESSEE. 9 The monthly Base Rent and Additional Rent, and any other amounts otherwise due 10 and payable hereunder, by LESSEE to LESSOR with respect to the Premises, or any portion 11 thereof, shall be abated to the extent that the amount of the monthly fair rental value of the 12 portion of the Premises in respect of which there is no substantial interference with LESSEE's 13 use and occupancy of the Premises is less than the amount of monthly Base Rent and 14 Additional Rents and any other amounts otherwise due and payable hereunder, in which case 15 the monthly Base Rent, and/or Additional Rent and/or any other amounts otherwise due and 16 payable hereunder shall be abated only by an amount equal to the difference thereof. 17 During the occurrence of any Casualty which is covered by rental interruption 18 insurance or rental loss insurance (See Section 16A(3) herein) the proceeds of any rental 19 interruption insurance or rental loss insurance that LESSOR may receive as a result of such 20 Casualty shall be applied by LESSOR, to the credit of LESSEE, for any monthly Base Rent, 21 Additional Rent and any other amounts otherwise due and payable hereunder; in such 22 instance of such amounts so received, LESSOR shall so inform LESSEE of any such 23 amounts so received. 24 Nothing contained in this Section 31 shall obligate LESSEE for payments of Base 25 Rent and/or Additonal Rent and/or any other amounts otherwise due and payable hereunder 26 if this LEASE is terminated pursuant to Section 11 herein. 27 32. LESSOR EXCULPATION— It is expressly understood and agreed that 28 notwithstanding anything in this Lease to the contrary, and notwithstanding any applicable law COUNTY OF FRESNO Fresno,California 23 L-326/DSS Building 2/5610 1 to the contrary, the liability of LESSOR and the LESSOR'S members, owners, agents, 2 employees, and partners (including any successor landlord) (collectively, the "LESSOR 3 Parties") and any recourse by LESSEE against LESSOR or the LESSOR Parties shall be 4 limited solely and exclusively to an amount which is equal to the ownership interest of 5' LESSOR in the Building in which the Premises is located (excluding any proceeds thereof), 6 and neither LESSOR, nor any of LESSOR's members shall have any personal liability 7 therefor, and LESSEE hereby expressly waives and releases such personal liability on behalf 8 of itself and all persons claiming by, through or under LESSEE. 9 33. ENERGY CONSUMPTION DISCLOSURE — If LESSEE (or any party claiming 10 by, through or under LESSEE) pays directly to the provider for any energy consumed at the 11 Premises, LESSEE shall, promptly upon request, deliver to LESSOR (or, at LESSOR'S 12 option, execute and deliver to LESSOR an instrument enabling LESSOR to obtain from such 13 provider) any data about such consumption that LESSOR, in its reasonable judgment, is 14 required to disclose to a prospective buyer, tenant or mortgagee or prospective mortgagee 15 under California Public Resources Code § 25402.10 or any similar law. 16 34. DISABILITY ACCESS INSPECTION —Neither the Building nor the common 17 areas located on the Premises have undergone inspection by a Certified Access Specialist 18 (CASp)within the meaning of California Civil Code Section 1938, and LESSOR is not 19 providing any representations or warranties regarding whether the Premises meets all 20 applicable construction-related accessibility standards. 21 35. COUNTERPARTS—This Lease may be executed in one or more counterparts 22 (which may be facsimile or .pdf e-mail counterparts followed by originals), each of which will 23 be deemed an original and all, taken together, will constitute one and the same instrument. 24 36. FORCE MAJEURE—In the event that either party hereto shall be delayed or 25 hindered in or prevented from the performance of any act required hereunder by reason of 26 strikes, lockouts, adverse weather(including rain), inability to procure labor or materials, 27 failure of power, restrictive governmental laws or regulations, riots, insurrection, war, fire or 28 other casualty or other reason of a similar nature beyond the reasonable control of the party COUNTY OF FRESNO / Fresno,California 24 L-326/DSS Building 2/5610 1 delayed in performing work or doing the act required under the terms of this Lease,then 2 performance of such act shall be excused for the period of the delay and the period from the 3 performance of any such act shall be extended for a period equivalent to the period of such 4 delay (any such delay is herein referred to as an "Force Majeure Delay"). In no event shall 5' LESSEE'S inability to satisfy a monetary obligation hereunder constitute or be subject to 6 Force Majeure Delay. 7 37. ESTOPPEL CERTIFICATE—LESSEE shall, at any time upon not less than 8 thirty(30) days prior request by LESSOR, execute, acknowledge and deliver to LESSOR a 9 written estoppel certificate, in a form satisfactory to LESSOR, certifying that this Lease is 10 unmodified and in full force and effect (or, if there have been modifications, that the same is in 11 full force and effect as modified and stating the modifications) and, if applicable, the dates to 12 which the Rent and any other charges have been paid in advance. Any such statement 13 delivered pursuant to this Section 37 may be relied upon by third persons, including a 14 prospective purchaser or encumbrancer of the Premises. 15 LESSEE'S failure to execute and deliver an estoppel certificate within thirty(30) days 16 after LESSEE'S receipt of LESSOR'S written request therefore shall be conclusive upon 17 LESSEE that this Lease is in full force and effect, without modification except as may be 18 represented by LESSOR, that there are no uncured defaults in LESSOR'S performance, that 19 not more than one month's rental has been paid in advance, and that all other statements 20 required to be made in the estoppel certificate are conclusively made. 21 38. SUBORDINATION AND ATTORNMENT—At LESSOR'S option, this Lease 22 shall be subordinated to any mortgage or deed of trust which is now or shall hereafter be 23 placed upon the Premises, and LESSEE agrees to execute and deliver any instrument which 24 may be necessary to further effect the subordination of the Lease to any such mortgage or 25 deed of trust; provided, however, that such instrument of subordination shall provide, or the 26 mortgagee or beneficiary of such mortgage or deed of trust otherwise shall agree in writing in 27 recordable form delivered to LESSEE, that the mortgagee or beneficiary, including their 28 successors and assigns, recognize LESSEE's leasehold interest under this Lease and that so COUNTY OF FRESNO Fresno,California 25 L-326/DSS Building 2/5610 1 long as LESSEE is not in default under this Lease, foreclosure of any such mortgage or deed 2 of trust or sale pursuant to exercise of any power of sale thereunder, or deed given in lieu 3 thereof, shall not affect this Lease but such foreclosure or sale, or deed given in lieu thereof, 4 shall be made subject to this Lease which shall continue in full force and effect, binding on 5' LESSEE, as lessee, and the transferee, as lessor. LESSEE shall attorn to the transferee as if 6 said transferee was LESSOR under this Lease. 7 39. AUTHORITY—Each individual executing this Lease on behalf of LESSOR 8 represents and warrants that such individual(s) are duly authorized to execute and deliver this 9 Lease on behalf of PONTIAC 2 LLC, a California limited liability company and that this Lease 10 is binding upon PONTIAC 2 LLC, a California limited liability company in accordance with its 11 terms. 12 40. ENTIRE AGREEMENT —This Lease constitutes the entire Lease between the 13 LESSOR and LESSEE with respect to the subject matter hereof and supersedes all prior 14 leases, negotiations, proposals, commitments, writings, advertisements, publications, and 15 understandings of any nature whatsoever unless expressly referenced in this Lease. 16 41. CONTINGENCY — Notwithstanding anything to the contrary contained herein, 17 LESSEE may, it its option, terminate this Lease in the event of the following: 18 (i) The Property Closing (if there is no Seller Lease)does not occur 19 by December 31, 2018; or 20 (ii) If there is a Seller Lease,the tenant has not vacated the Premises 21 by December 31, 2018. 22 Should LESSEE elect to terminate this Lease pursuant to (i) or (ii) hereinabove, this 23 Lease shall terminate upon LESSEE providing to LESSOR at least fifteen (15) business days 24 advance written notice of such termination, unless (a) as to any termination based on (i) 25 hereinabove only, LESSOR takes fee title prior to expiration of such fifteen (15) business day 26 period, or (b) as to any termination based on (ii) hereinabove, tenant under the Seller Lease 27 vacates the Premises prior to expiration of such fifteen (15) business day period. LESSOR 28 shall not be subject to any liability for delayed possession. COUNTY OF FRESNO Fresno,California 26 L-326/DSS Building 2/5610 1 42. SEVERABILITY — Each provision of this Lease is severable from any and all 2 other provisions of this Lease. Should any provision(s) of this Lease be for any reason 3 unenforceable, the balance shall nonetheless be of full force and effect. 4 5' [SIGNATURES ON FOLLOWING PAGE(S)] 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 COUNTY OF FRESNO Fresno,California 27 L-326/DSS Building 2/5610 1 IN WITNESS WHEREOF, the parties have executed this Lease as of the day and year first 2 hereinabove written. 3 LESSOR: LESSEE: PONTIAC 2 LLC, a California limited COUNTY OF FRESNO 4 liability comps 5 By. By: AWL 6 Clayton Wdina, CFO Manager Brian Pacheco, Chairman Board of Supervisors of the County of Fresno 7 ATTEST- 8 Bernice E. Seidel 9 Clerk to the Board of Supervisors County of Fresno, State of California 10 By: 11 Deputy 12 13 14 15 16 17 18 19 20 21 22 cab G�GISS 1 fJ O OC7 23 24 25 26 27 28 COUNTY OF FRESNO Fresno,California 28 L-326/DSS Building 2/5610 1 ATTACHMENT "A" 2 Premises Map 3 4 r 5 f r 6 — r. .. r •r r r r r 7 r r 8 ;. r r 9 10 r i f e •r � �r 12 r r r.- 13 — --- r r 14 r r r15 .. r ! [ 16 r r rr r r 19 r r r r , 20 21 22 23 24 25 26 27 28 COUNTY OF FRESNO Fresno,California 29 L-326/DSS Building 2/5610 1 ATTACHMENT "B" 2 Maintenance 3 Operating Budget 4 Services Per Sq Ft Monthly Annually 5' Utility(Electrical) $ 0.182 $ 19,853.11 $ 238,237.27 Property Taxes $ 0.140 $ 15,271.62 $ 183,259.44 6 Landscaping $ 0.029 $ 3,163.41 $ 37,960.88 Maintenance Supplies $ 0.055 $ 5,999.57 $ 71,994.78 7 Pest Control $ 0.001 $ 109.08 $ 1,309.00 8 One Site Maintenance $ 0.061 $ 6,654.06 $ 79,848.76 Insurance $ 0.042 $ 4,581.49 $ 54,977.83 9 Janitorial Service $ 0.101 $ 11,017.38 $ 132,208.60 Janitorial Supplies $ 0.032 $ 3,490.66 $ 41,887.87 10 Administrative Fee $ 0.061 $ 6,654.06 $ 79,848.76 Total $ 0.704 $ 76,794.43 $ 921,533.18 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 COUNTY OF FRESNO Fresno,California 30 L-326/DSS Building 2/5610 1 ATTACHMENT "C" 2 Premises Services Agreement 3 4 Landscape 1. Maintenance of all Landscaped areas on the Premises 5' 2. All Tree Maintenance 3. Plant replacement 6 Parking Lot 7 1. Contract Vacuuming 8 a. 1 x a month sweeping of all parking lot stalls 2. Resurfacing or repaving 9 Exterior Building Maintenance 10 1. Pressure Washing to be performed a. 2 x year-Window washing all floors 11 b. 1 x month-Window Washing for 1s'floor windows only 12 2. Painting a. Graffiti removal as needed 13 3. Pest Control a. 1 x month, exterior only—Treat and spray the outside of the building 14 4. Common Area Repairs a. Vandalism repairs as needed 15 5. Roof Repairs 16 Janitorial 17 1. Daily: a. Vacuum all carpeted areas 18 b. Sweep and/or dry mop floors c. Dust cleared desk and table surfaces, clean counters 19 d. Empty all waste baskets and dispose of trash in appropriate trash bins e. Clean smudges and unsightly appearances form door jambs, light switches, 20 glass partitions, and counters 21 f. Clean and sanitize all sinks, toilets, and urinals g. Clean all restroom mirrors, tile and splash walls 22 h. Spot clean restroom walls and partitions i. Refill supplies in Restrooms (paper towels, toilet tissue, soap, etc.) 23 2. Monthly: a. Dust all blinds and sills 24 3. Perform as Required: 25 a. Wet mop floors b. Remove interior cobwebs 26 c. Dust wall picture frames and partition tops d. High dust, including walls, light fixtures, vents and ledges above normal reach, 27 door ledges e. Wash/clean light fixtures, walls, A/C vents 28 f. Dust/clean baseboards g. Spot clean carpets COUNTY OF FRESNO 31 Fresno,California L-326/DSS Building 2/5610 1 h. Steam clean all carpets i. Strip and wax all vinyl and tile flooring 2 j. Clean Interior windows 3 HVAC 1. Contract Maintenance 4 a. Quarterly Service Agreement 5 Interior Building Maintenance 6 1. Electrical Repairs 2. Plumbing 7 a. Service calls i. Urinal 8 ii. Toilet 9 iii. Fixture repairs 3. Elevator Contract Maintenance 10 a. Cost is based on two elevators b. Service to be performed quarterly 11 Vendors 12 1. Lessee shall have the right to approve all vendors. 13 On-Site Management 14 1. Property Management available upon request 2. 1 x week- Property Management assessment of interior and exterior of building visits 15 with lead personnel 3. Property Management or their representative will visit the building on a daily basis 16 Monday through Friday. 17 Utilities 18 1. Utility- Gas-Tenant pays direct to PG&E 2. Utility- Electric-Tenant pays to LESSOR 19 3. Elevator Phone Line a. To allow access to make emergency calls in case of an entrapment 20 21 Fire Safety 22 1. Maintenance of Fire Alarm System a. Testing system on quarterly basis per FFD regulations 23 b. Testing system on a yearly basis per FFD regulations c. Testing system on a 5-year basis per FFD regulations 24 2. Fire System Phone Line a. Phone line to ensure fire alarm system is active and able to communicate to 25 central monitoring station 26 Insurance 27 1. Property Insurance based on then current Building value 2. General Liability 28 3. Other coverages, including earthquake insurance COUNTY OF FRESNO Fresno,California 32 L-326/DSS Building 2/5610 1 Property Taxes 1. Property taxes and assessments 2 Operating Expenses 3 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 st of the month along with monthly Base Rent. Each payment shall be equal to 1/12th of the annual budget. 5' 3. Lessor shall endeavor to deliver to Lessee an annual good faith Operating Expense 6 budget at least 120 days prior to the start of the next calendar year. 7 4. Within 90 days after the year is completed, Lessor shall submit to Lessee a 8 reconciliation of the actual Operating Expenses. 9 5. Any overpayment of Operating Expenses shall, at Lessor's option, either be refunded to Lessee within thirty(30) days after Lessor's delivery of the statement setting forth such 10 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 This agreement may be modified upon the mutual agreement of both parties. 13 Administration Fee 14 Lessee shall pay a 9.5%Administration Fee to Lessor on all expenses. 15 Repairs 16 Lessor shall make any necessary repairs and replacements during the course of the life of the lease of every kind and nature and which shall be considered an operating 17 expense. 18 All repairs, replacement, maintenance, restoration or operation of the building and on any floor or conference room are considered as part of this agreement and will be an 19 operating expense whether paid or incurred and without any limitation. 20 Term of Agreement 21 The term of this agreement will be for the life of the Lease. 22 Termination of Agreement This Premises Services Agreement or any portion thereof may be terminated by 23 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 I 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, performing services, or both for the County. A self-dealing transaction is defined below: 6 '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 INSTRUCTIONS 10 (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-326) 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 OF FRESNO Fresno,California 35