HomeMy WebLinkAboutAgreement A-17-644 with Pontiac 3 & 5, LLC Building 3 Lease.pdf1
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COUNTY OF FRESNO
Fresno 1 California
L-327 /DSS
Building 5/5610
LEASE AGREEMENT
THIS LEASE AGREEMENT (hereinafter "Lease") is made and entered into this __
day of ______ , 2017 (the "Effective Date"), by and between PONTIAC 3 & 5 LLC,
a California limited liability company, 2780 N. Miami Ave., Ste. 101, Fresno, CA 93727,
(hereinafter "LESSOR"), and the COUNTY OF FRESNO, a political subdivision of the State of
California, 333 W. Pontiac Way, Clovis, CA 93612 (hereinafter "LESSEE"). LESSOR and
LESSEE may be referred to in this Lease individually as a "Party" or collectively at times as
the "Parties".
1.PREMISES -LESSOR hereby leases to LESSEE the real property at the
location commonly known as 200 W. Pontiac, Clovis, CA 93612, which includes a bu ilding
containing approximately 23,580 square feet of office space and 65,227 of warehouse space
(the "Building"), together with surrounding common area parking, and which comprises a
portion of Fresno County Assessor's Parcel Number 493-070-34s, as depicted by red
outlining on Attachment "A", which is attached to and by this reference incorporated herein
(the "Premises"). LESSOR represents, covenants, and warrants to LESSEE that prior to
delivery of the Lessor Occupancy Notice (as defined below), Lessor shall not permit any new
mortgages, deeds of trust, leaseholds, pledges, conditions or restrictions, liens or
encumbrances against the Premises that are not already in existence, with the exc eption of
items permitted under Section 38 or other items that are expressly subordinate to this Lease.
Upon LESSEE's receipt of the Lessor Occupancy Notice (as defined below), and con tinuing
thereafter and during the term of this Lease, LESSEE shall have the right to record a
memorandum of this Lease against the Premises in the official records of the County
Recorder ("Memorandum of Lease").
2.TERM-
1.LESSOR represents that it is under contract to purchase the pro perty of
which the Premises is a part ("Property") from the current property owner
(hereinafter "Seller''). LESSOR's covenants, represents, and warrants to
LESSEE that in any sale of the Property prior to recordation of the
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Agreement No. 17-644
12th
December
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COUNTY OF FRESNO
Fresno. California
L-327 /DSS
Building 5/5610
IN WITNESS WHEREOF, the parties have executed this Lease as of the day and year first
hereinabove written.
LESSOR:
PONTIAC 3 & 5 LLC, a California
limited liability company
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LESSEE:
COUNTY OF FRESNO
By:_l_~~-' ___ _
Brian Pacheco, Chairman Board of
Supervisors of the County of Fresno
ATTEST:
Bernice E. Seidel
Clerk to the Board of Supervisors
County of Fresno, State of California
By:~'.,~
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