HomeMy WebLinkAboutAgreement A-15-286-1 with Fresno Area Workforce Inv. Corp..pdf1
2
3
4
5
6
7
8
9
1 0
11
12
13
14
15
16
17
18
19
2 0
21
22
23
24
25
26
27
28
COUNTY OF FRESNO
Fresno, California
FL -117 Reedley Regional Center
Workforce/DSS5610
FIRST AMENDMENT
This FIRST AMENDMENT TO SUB-LEASE AGREEMENT NO. 15-286 ("First
Amendment") is made and entered into this ____ day of December 2018
("Effective Date of the First Amendment"), between the COUNTY OF FRESNO, a
political subdivision of the State of California, 333 W. Pontiac Way, Clovis, CA 93612
("COUNTY") and Fresno Area Workforce Investment Corporation, a California public
benefit corporation, 21.25 Kern Street, Suite 208, Fresno, CA 93721 ("WORKFORCE").
COUNTY and WORKFORCE may be referred to as a "Party" or collectively as
"Parties" to this First Amendment.
WITNESS ETH:
WHEREAS, COUNTY is the lessee under that certain lease with Reedley
Center, Inc. ("Master Lessor") entered into on June 16, 2015, Lease Agreement No.
15-285/L-302 ("Master Lease"), for use of 27,177 square feet of office space and
parking at the location commonly known as 1670-1690 East Manning, Reedley, CA
93654 ("Premises"); and
WHEREAS, COUNTY and WORKFORCE are Parties to that certain Sub-Lease
Agreement No. 15-286 (FL-117), entered into on June 16, 2015 ("Sub-Lease"), in
which the Master Lessor approved COUNTY sub-leasing to WORKFORCE 10,078
square feet of office space at the Premises; and
WHEREAS, the Parties now desire to amend the Sub-Lease to allow
WORKFORCE to decrease the square footage of the Subleased Premises from
10,078 square feet to 6,580 square feet, effective on the Effective Date of the First
Amendment, and to provide for any future decrease in square footage of the
Subleased Premises, as provided herein.
NOW, THEREFORE, for good and valuable consideration, the receipt and
adequacy of which is hereby acknowledged, the Parties agree as follows:
1.The portion of Section 1. PREMISES/REDUCTION IN SPACE SUBLEASED of the
Sublease, beginning on page 2, line 4, with the word "COUNTY" and ending on page 2,
2233212v1 / 16988.0001 1
4th
Agreement No. 15-286-1
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
COUNTY OF FRESNO
Fresno, California
FL - 117 Reedley Regional Cente r
Workforce /DSS5610
This FIRST AMENDMENT TO SUB-LEASE AGREEMENT NO. 15-286 is
EXECUTED as of the date first herein spec ified .
WORKFORCE:
FRESNO AREA WORKFORCE
INVESTMENT, CORPORATION
J0-2..3 r-.2.0li
Date
The undersigned Master Lessor
under the referenced Master
Lease hereby acknowledges ,
Accepts and approves this Sub-
lease of the designated
Subleased premises by COUNTY
(the SUB-LESSOR)
to the designated SUB-LESSEE .
Date : /o-9 -l g>
Fund No .
Subclass
Org . No .
Acct. No.
0001
10000
5610
5800
223321 2v 1 / 16988.0001
COUNTY:
COUNTY OF FRESNO
ro , Chairperson of the Board of
the County of Fresno
Clerk of the Board of Supervisors
County of Fresno , State of California
4
EXHIBIT A
Rent Per Month
Base Rent Effective Dates Cost per Total Leased Monthly Rent Annual Rent
Square Square Feet
Foot
2% increase 7/1/2015-6/30/2016 $0.875 10,078 $8,822.28 $285,488.95
2% increase 7 /1/2016-6/30/2017 $0.893 10,078 $8,998.73 $291,198.73
2% increase 7/1/2017-6/30/2018 $0.911 10,078 $9,178.70 $297,022.70
2% increase 7/1/2018-12/3/2018 $0.929 10,078 $9,362.28 $112,347.30
l2/4/2018-6/30/2019 $0.929 6,580 $6,112.70 $73,352.3 8
2% increase 7/1/2019-6/30/2020 $0.948 6,580 $6,234.95 $74,819.43
2% increase 7 /1/2020-6/30/2021 $0.967 6,580 $6,359.65 $76,315.81