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HomeMy WebLinkAboutFULLY EXECUTED AMENDMENT 2023 (2).pdf Agreement No. 23-389 1 AMENDMENT NO. 1 TO LEASE AGREEMENT 2 This Amendment No. 1 to Lease Agreement ("Amendment No. 1") is dated 3 August 8, 2023 and is between Heritage Centre, LLC, a California limited liability 4 company ("Lessor"), and the County of Fresno, a political subdivision of the State of California 5 ("Lessee"). 6 Recitals 7 A. On February 22, 2022, Lessor and Lessee entered into Lease Agreement, which is 8 County Agreement Number 22-059 ("Lease"), for a lease with a purchase option for the 9 Heritage Centre, as set forth in the Lease. Capitalized terms used but not defined in this 10 Amendment No. 1 shall have the meanings ascribed to such terms in the Lease. 11 B. The Lease includes a scope of work for Tenant Improvements ("Tls") with a specified 12 budget that will allow for Lessee to renovate space designed to accommodate the move of 13 several 24-hour mental health facilities onto the site for the Department of Behavioral Health. 14 C. During the course of the Tenant Improvements, Lessee has identified additional large- 15 scale components that will be required for these facilities to operate, including a new backup 16 generator, new HVAC equipment, and several other minor campus improvements. 17 D. Lessee and Lessor now desire to amend the Lease to revise the scope of work for the 18 Tenant Improvements and increase the related spending limits for the Tls for the site. 19 The parties therefore agree as follows: 20 1. Subsection 10.a of the Lease located at page 12, lines 7 through 12 is deleted in its 21 entirety and replaced with the following: 22 "Lessor shall use commercially reasonable efforts to ensure that those certain tenant 23 improvements ("Tenant Improvements") for which a Notice to Proceed is timely issued, 24 are completed, as and to the extent provided in, and in accordance with and subject to 25 the terms and conditions of, the provisions of this Section 10; provided, however, that 26 the total cost of all such Tenant Improvements in the aggregate shall not exceed the 27 sum of$13,200,000 (the "TI Budget")." 28 00516.00100/1299337v3 1 1 2. Subsection 10.g of the Lease located at page 14, lines 6 through 13 is deleted in its 2 entirety and replaced with the following: 3 "Cost of Work: Lessor and Lessee shall use commercially reasonable efforts to 4 promptly finalize and jointly approve such TI Costs and any revisions to the 5 Working Drawings necessary to achieve a mutually acceptable TI Costs budget. 6 Notwithstanding the foregoing or anything to the contrary contained in this 7 Section 10, in no event shall the aggregate TI Costs for all phases of Tenant 8 Improvements hereunder exceed the total TI Budget of$13,200,000, unless the 9 Parties mutually agree in writing, through an amendment to this Lease, in their 10 respective sole and absolute discretion, to increase the allowable TI spending 11 limits or otherwise to provide for the payment of the excess TI Costs." 12 3. The portion of Subsection 10.k of the Lease located at page 15, lines 20-28 and 13 page 16, lines 1-2, is deleted and replaced with the following: 14 "TI COST REIMBURSEMENT. In consideration of the TI Costs incurred by Lessor in 15 connection with this Section 10, Lessee shall pay Additional Rent to Lessor, which 16 shall be calculated by Lessor and paid by Lessee in accordance with the following 17 provisions ("TI Rent"): 18 ,a. (i) The amount of the cost for each completed separate Tenant Improvement 19 "Task" up to a maximum of$10,000,000, as listed on the schedule in Exhibit C 20 (whether a Tenant Improvement has been completed shall be determined in 21 accordance with Section 10 0) above) shall be increased at the rate of 8% per 22 annum from the date expended through the first day of the calendar month 23 following Task completion (as so increased, collectively, the "Task TI Cost"). 24 (ii) Lessor will, by the 20t" of each month, invoice Lessee for actual expenses 25 incurred in the previous month for TI Costs as listed on Exhibit C (whether a TI 26 has been completed shall be determined in accordance with Section 10 0) 27 above) for TI Costs incurred over and above the initial $10,000,000 threshold. 28 These separately invoiced costs shall not exceed $3,200,000. Invoices shall be 00516.00100/1299337v3 2 1 accompanied by documentation in support of the expense. Lessee agrees to 2 reimburse Lessor within 45 days of receipt and approval of the invoice. Lessor 3 shall submit invoices referencing the provided agreement number to Department 4 of Behavioral Health — Invoices, 3151 N. Millbrook Ave, Fresno, CA 93703 (dbh- 5 invoices@fresnocountyca.gov). 6 4. Subsection 10.1 of the Lease located at page 17, line 9 is deleted and replaced with 7 the following: 8 "E-mail: dbhfacilities@fresnocountyca.gov" 9 5. Exhibit C of the Lease located at page 49 through 51 of the Lease is deleted in its 10 entirety and replaced with Exhibit C attached to this Amendment No. 1. 11 6. Section 45 ENTIRE LEASE located on page 45 lines 1-7 is deleted and replaced 12 with the following: 13 "This Lease Agreement constitutes the entire Lease Agreement between the 14 Lessor and the Lessee with respect to the subject matter hereof and supersedes 15 all previous Lease Agreement negotiations, proposals, commitments, writings, 16 advertisements, publications, and understandings of any nature whatsoever 17 unless expressly included in this Lease Agreement. In the event of any 18 inconsistency in interpreting the documents which constitute this Lease 19 Agreement, the inconsistency shall be resolved by giving precedence in the 20 following order of priority: (1) the text of this Amendment No. 1 (2) the Agreement 21 including all exhibits, and (3) the exhibits to the Agreement. 22 7. When both parties have signed this Amendment No. 1, the Lease and this 23 Amendment No. 1 together constitute the Lease. 24 8. Lessor represents and warrants to Lessee that: 25 a. Lessor is duly authorized and empowered to sign and perform its obligations 26 under this Amendment No. 1. 27 28 00516.00100/1299337v3 3 1 b. The individual signing this Amendment No. 1 on behalf of Lessor is duly 2 authorized to do so and his or her signature on this Amendment No. 1 legally 3 binds Lessor to the terms of this Amendment No. 1. 4 9. The parties agree that this Amendment No. 1 may be executed by electronic 5 signature as provided in this section. 6 a. An "electronic signature" means any symbol or process intended by an 7 individual signing this Amendment No. 1 to represent their signature, including 8 but not limited to (1) a digital signature; (2) a faxed version of an original 9 handwritten signature; or (3) an electronically scanned and transmitted (for 10 example by PDF document) version of an original handwritten signature. 11 b. Each electronic signature affixed or attached to this Amendment No. 1 is 12 deemed equivalent to a valid original handwritten signature of the person 13 signing this Amendment No. 1 for all purposes, including but not limited to 14 evidentiary proof in any administrative or judicial proceeding, and (2) has the 15 same force and effect as the valid original handwritten signature of that person. 16 c. The provisions of this section satisfy the requirements of Civil Code section 17 1633.5, subdivision (b), in the Uniform Electronic Transaction Act (Civil Code, 18 Division 3, Part 2, Title 2.5, beginning with section 1633.1). 19 d. Each party using a digital signature represents that it has undertaken and 20 satisfied the requirements of Government Code section 16.5, subdivision (a), 21 paragraphs (1) through (5), and agrees that each other party may rely upon that 22 representation. 23 e. This Amendment No. 1 is not conditioned upon the parties conducting the 24 transactions under it by electronic means and either party may sign this 25 Amendment No. 1 with an original handwritten signature. 26 10. This Amendment No. 1 may be signed in counterparts, each of which is an original, 27 and all of which together constitute this Amendment No. 1. 28 00516.00100/1299337v3 4 1 11. The Lease as amended by this Amendment No. 1 is ratified and continued. All 2 provisions of the Lease and not amended by this Amendment No. 1 remain in full 3 force and effect. 4 [SIGNATURE PAGE FOLLOWS] 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 00516.00100/1299337v3 5 1 The parties are signing this Amendment No. 1 on the date stated in the introductory 2 clause. 3 HERITA E C TRE, LLC COUNTY OF FRESNO 4 5 6 J.R. Ortdn, ifr, Manager Sa Qui a o, C airman of the Board of Su or a County of Fresno 7 Attest: 8 Bernice E. Seidel Clerk of the Board of Supervisors 9 County of Fresno, State of California 10 f� By: 11 Deputy 12 For accounting use only: 13 Org No.: 5630 Account No.: 7340 14 Fund No.: 0001 Subclass No.: 10000 15 16 17 18 19 20 21 22 23 24 25 26 27 28 00516.00100/1299337v3 6 Exhibit C Tenant Improvement Tasks and Payment Schedule Monthly Base Rent Monthly Tenant Improvement Payments Year 1 $ 220,000.00 Year 1 $Year 2 $ 220,000.00 Year 2 $ - Year 3 $ 220,000.00 Year 3 $ 141,366.79 Year 4 $ 220,000.00 Year 4 $ 141,366.79 Year 5 $ 220,000.00 Year 5 $ 141,366.79 Year 6 $ 230,000.00 Year 6 $ 141,366.79 Year 7 $ 230,000.00 Year 7 $ 141,366.79 Year 8 $ 230,000.00 Year 8 $ 141,366.79 Year 9 $ 230,000.00 Year 9 $ 141,366.79 Year 10 $ 230,000.00 Year 10 $ 141,366.79 * Example: Tenant Improvement costs of$10,000,000 are completed and paid for one month before Year 2, and amortized over 8-years at 8% per annum. Actual TI Costs over and above $10,000,000 will be invoiced to DBH-Invoices(a)_fresnocountyca.gov and processed and paid within 45 days of receipt and approval of invoice accompanied by documentation in support of the expense. TI Costs incurred over and above the initial $10,000,000 threshold shall not exceed $3,200,000. Tenant Improvement Costs shall not exceed $13,200,000 without LESSEE's written approval. This schedule shall be updated to reflect actual costs once final costs are known. Tenant Improvement Tasks The Scope of Work (including all labor, materials and equipment required to complete the work as outlined below (subject to change), shall be performed by Lessor and Lessor's contractor. The Scope of Work includes the following: Demolition/Abatement - Demo and remove interior walls, acoustical ceiling system and wires - HVAC ductwork as needed per plans - Remove abandoned electrical - Dispose of plumbing fixtures, restroom fixtures and partitions per plans - Demo and remove doors and frames per plans Concrete - Pour and place concrete to patch trenches for new plumbing per plans Rough Carpentry - Supply all lumber and hardware per plans Casework - Fabricate and install upper/lower cabinets and hardware per plans and Tenant Specifications - Install Countertops per plans and Tenant specifications Insulation 00516.00100/1299343v3 Exhibit C Tenant Improvement Tasks and Payment Schedule - Furnish and install all wall and ceiling insulation per plans Door Frames/Hardware - Furnish and install all doors and hardware per plans Studs/Drywall - Furnish and install all studs and drywall per plans Flooring/Base - Furnish and install all carpet, VCT or LVT per plans Painting - Paint interior surfaces per plans and Tenant specifications - Exterior painting not included Acoustical Ceiling - Furnish and install all acoustical ceiling per plans Code Signage - Provide and install code signage per plans Restroom Accessories - Furnish and install all restroom accessories per plans Fire Extinguishers/Cabinets - Furnish and install all fire extinguishers and cabinets per plans Fire Sprinklers - Modify existing fire sprinklers per plans as necessary Plumbing - Provide and install all plumbing per plans, including Central Kitchen - Furnish and install plumbing fixtures for all restrooms and break rooms HVAC - Furnish and install all ducting to accommodate new offices, rooms, and Restrooms - Furnish and install new registers/grilles per plans Electrical - Provide and install all electrical per plans - Furnish and install new light fixtures and controls per plans Fire Alarm - Modify existing fire alarm system per plans Generator - Design, spec and install backup generator(s) for 24-hour facilities Chiller/ Cooling Towers and Variable Frequency Drives (VFD) Design, spec and install 00516.00100/1299343v3 Exhibit C Tenant Improvement Tasks and Payment Schedule Outdoor Recreation Yard Fencing - Design, spec and install Appliances for Central Kitchen - Design, spec and install Exclusions - Data (servers, patch panel, cable, punch-down etc.) - Phone systems (cables and equipment) - Security camera and intrusion systems - Noise mitigation systems - Furniture (Cubicles/modular furniture, chairs etc and fixtures) - Appliances (Exception —Central Kitchen Equipment) - Playground equipment - New roof - Elevator modernization - LEED Certification 00516.00100/1299343v3 Exhibit C Tenant Improvement Tasks and Payment Schedule Construction Timeline 0 2022 2023 2OU Jan Fab Mar Jun Jul Oa Nw Dac Jae Feb Mx A r Ma Jun JW Oa Nw Dac Ln Feb Mar Am Mft + nstzw naa. v:' 2 !1H 1 f/11 3 3t2i"nen 7/2a 4 lt2 !Kl 12114 5 nn 177H 00516.00100/1299343v3