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CONTRACT 6261-A AmendmentAgreement No. 6261A AMENDMENT NO. 1 to the DUE DILIGENCE AND RECREATION GROUND LEASE AGREEMENT between the City of El Segundo ("Lessor") and ES CenterCal, LLC ("Lessee") dated February 6, 2021 This Amendment No.1 to Due Diligence and Recreation Ground Lease Agreement (this "Amendment") is entered into this 15th day of February 2022, by and between Lessor and Lessee. RECITALS 1. Lessor and Lessee (collectively, the "Parties") entered into a Due Diligence and Recreation Ground Lease Agreement (the "Lease") on February 6, 2021. 2. Paragraph 3.7 of the Lease obligates Lessee to make cash "Payments for Public Good" to Lessor in the amount of $200,000 per calendar year during the Term of the Lease. The Parties wish to amend the Lease to require the annual Payments for Public Good to be increased by 7.5 percent at the commencement of each five-year period during the term of the Lease, beginning with the day following the fifth anniversary of the Fixed Rent Commencement Date. 3. Exhibit D to the Lease ("Golf Course Improvements") requires, among other things, that the golf course shall have a minimum of one Par 4 hole. The parties wish to amend the Lease to delete this requirement. 4. Capitalized terms used but not otherwise defined herein shall have the same meanings as set forth for such terms in the Lease. 5. The Parties desire to amend the Lease as provided herein. NOW, THEREFORE, in consideration of the foregoing, the Parties agree as follows: Section 3.7 of the Lease is hereby amended to read as follows: "3.7 Lessee shall make cash payments to Lessor each calendar year during the Term of this Lease following the Fixed Rent Commencement Date (the "Payments for Public Good"). The amount of the annual payment shall be Two Hundred Thousand Dollars ($200,000) in the first year and shall increase by seven and one-half percent (7.5%) at the commencement of each five-year period during the term of this Lease (including any option periods that may be exercised by Tenant) commencing with the day following the fifth anniversary of the Fixed Rent Commencement Date. Lessor shall in its sole discretion use the proceeds of the foregoing Payments for Public Good to create a fund controlled by Lessor and used to develop or improve public facilities and amenities, to foster educational and other programs and otherwise to promote the benefit and support the public good with Page 1 of 3 Agreement No. 6261A regard to the City of El Segundo and its residents. Each installment of the foregoing Payments for Public Good shall be due and payable by Lessee within one hundred twenty (120) days after the end of each calendar year during the Term of this Lease following the Fixed Rent Commencement Date. In computing the Payments for Public Good for the first calendar year or portion thereof following the Fixed Rent Commencement Date (and any calendar year that includes the date of termination of this Lease), if such calendar year shall contain less than 365 days, then the Payments for Public Good shall be multiplied by a fraction, the numerator of which shall be the number of days in such shorter calendar year, and the denominator of which shall be 365. Except as otherwise set forth in this Section 3.7, the Payments for Public Good shall not be subject to escalation hereunder." 2. Exhibit "D" to the Lease is hereby amended. The amended Exhibit "D" is attached hereto and is dated February 15, 2022. 3. Except as modified by this Amendment, all other terms and conditions of the Lease shall remain the same. 4. This Amendment may be executed in counterparts each of which shall be deemed an original. IN WITNESS WHEREOF, Lessee and Lessor have caused this Amendment to be executed by their duly authorized representatives as of this 15th day of February 2022. Lessor: THE CITY OF EL SEGUNDO, a general law City and Municipal corporation By:. Name: Darrell George, Interim C . Manager Attest: Tracy Wei.. �, City Clerk_.....�__......_..__.�.......�..,. Approved as Form: Mark D. Hensley, City Attorney Page 2 of 3 Agreement No. 6261A Lessee: ES CENTERCAL, LLC, a Delaware limited liability company By: CENTERCAL, LLC, a Delaware limited liability company By: CENTERCAL ASSOCIATES, LLC, a Delaware limited liability company Print M,) Print i l Print Name: Print Title x _...... Page 3 of 3 Agreement No. 6261A Exhibit D GOLF COURSE AND PREMISES IMPROVEMENTS GOLF COURSE IMPROVEMENTS Lessee and a Task Force appointed by the City Council shall work together and reasonably cooperate for purposes of preparing a preliminary and conceptual design of the following golf course and clubhouse improvements to be presented to the City Council for approval consistent with the Lease provisions. The final design shall be consistent with the conceptual design. During the course of design and ultimate construction, a "standard of quality" shall be maintained throughout the newly constructed facility as mutually agreed upon by both parties. The use of the word "Quality" in this agreement is intended to mean that the building, building materials and furnishings shall convey design interest and coordination, craftsmanship and use of durable and visually attractive finishes and materials. With respect to the design of the improvements to the course itself, "Quality" is intended to mean that, in consultation with an approved golf course architect, the safety of the facility shall be maintained or improved, that the level of difficulty in playing the course shall be maintained or improved. In both the case of the buildings and the course improvements, the City's intent is that they shall be of the same, or better quality than what currently exist. This exhibit contains photos of the existing facility as examples of the current level of quality. The facility is intended to be in "turn -key" condition at the time of completion meaning that the Lessee shall provide a facility that is furnished and ready for operations. ➢ Construction of new pro shop at approximately 2,500 square feet interior usable/lease able area. Detailed below are some of the key building improvements anticipated: o Facility Generally — Facility shall include a security camera system that provides surveillance of the interior and exterior of the facility to the satisfaction of the ESPD. o Limited Golf Slop Area/Starter Desk — The newly constructed structure shall contain a segregated area for a pro -shop and starter/check-in desk as one combined unit. Generally, this facility will be equipped with sufficient desk space to facilitate placement of a computer, phone and cash register with desk space providing glass surfaces such that display shelving is readily accessible by employees and for display of soft goods as a part of pro -shop operations. This facility will include internet and phone cabling along with standard electrical outlets installed as provided for in the latest version of the California Building and Electrical Code. There will be sufficient space for both the retail storage and display of retail goods within the pro shop. 4-W February 15, 2022 Agreement No. 6261A o Restrooms — separate male and female restrooms, fully ADA compliant to specifications that are current as of construction year. Restrooms shall contain the amount of fixture units consistent with city code and capacity for the facility and be consistent with the existing clubhouse (including installation of soap dispensers, hand drying devices and trash enclosures). Restrooms shall be accessed from the interior of the newly constructed facility. o Management ement Office — within the described (structure) a separate office for management operations shall be included. This office shall include a door and adequate space for a wall safe as required by current permitting policy. o Caf/Bar with seating area — The facility shall be sufficiently constructed to include wiring for sound and wi-fi capabilities. Additionally, televisions of sufficient size (55") shall be included and mounted on the interior and potentially on the exterior patio areas. Exterior television equipment shall be constructed with exterior placement/waterproof integrity. Indoor snack bar portion of facility shall consist of sufficient square footage to maintain and operate a small commercial kitchen with equipment, such as a commercial grade reach -in freezer and cooling units, a three compartment sink, mop closet, griddle (with grill), microwave, dishwasher and/or fryer. New facility shall also contain sufficient space for and include an ice making machine and soft drink dispenser (typically vendor provided) as well as a counter with sufficient space to refrigerate and serve numerous beer choices. All equipment shall be included and will be further outlined through the collaborative efforts with the Taskforce during the design process. Dining area should be able to accommodate 20-30 guests and in accordance with established LA County Health Department guidelines. o To the extent practical, all equipment that is in good repair at the existing facility, not past its useful life shall be utilized and installed at the new facility. o Outdoor patio space with seating area — Outdoor space shall include hard floor surfaces (i.e. concrete or other approved material) and maintain position directly adjacent to the snack bar entry. Generally this will be at least 750 square feet with some or all the area covered. The Covered outdoor area shall be of sufficient size to accommodate adequate seating for 15-20. The balance of outdoor dining area (which may not be covered) shall accommodate seating for at least an additional 20-35 This area shall also be equipped with appropriate space heaters, lighting and outdoor furniture/seating. i1Yd February 15, 2022 Agreement No. 6261A ➢ Construction of a practice putting green and practice chipping/bunker area with the putting green surface area being no less than 4,500 square feet with the intent being that the area shall be the maximum allowable by the physical constraints of the site. Prior to construction, the existing putting green surface area shall be given sole and exclusive priority to the golf course putting green. Any remainder putting green may be utilized as a putting green within the TopGolf site. ➢ Screening poles and safety netting will be installed to ensure the safety of golfers, the public, automobiles, and surrounding properties and rights of way per golf course architect recommendations ➢ Golf course modifications; o Upon completion of construction, the golf course with described improvements shall maintain or increase in degree of difficulty compared to its current condition. The approved Golf Course Architect shall provide an assessment of difficulty of the course before and after; Lessee will maintain and or improve the difficulty of the golf course. o The overall final design of the golf course after modifications shall maintain a level of safety consistent or safer than existing conditions. For the purposes of determining golf course safety, the golf course architect will determine the degree of safety through the use of industry -accepted guidelines including dispersion analysis and assumptions that 90% of golf shots are within 14 degrees from the intended target line in any given golf hole. P F44io a - devel,, o. W o Construction of new Hole #1 tee box,and buin' .er° :) o Construction of new Hole #2 tee box ai nit grreen. o Construction of new Hole #3 green, .b,u.ok�ersnand tee box. o Hole #3 will be redesigned in such a fashion to maintain a minimum Par 3 and incorporate the northern bod of waster feature. ConstrucUon of new Hoie # tee �ox, bunkers and gig ein o Construction of new Hole #5 tee box. aind gre in .. Coii"istwc iioin of ine r Hole 96, #7 & #8 tee box, Ib uir leers and gire.eirl. o Construction of new Hole #9 M i1ts eint'" i°iin,,a,llW�i nt tee Ibox, fahway, bunIkeir ff ftreein. &-AoI 4��4'• 344661• 2 February 15, 2022 Agreement No. 6261A o Construction of new Hole #10 tee box and green. o Where possible, the existing tee boxes shall be leveled and lengthened. Lessee shall make every effort (within the project scope and budget) in consultation with an approved golf course architect (approved mutually by the Lessee and City), to expand tee boxes. The intention of this effort is to increase yardage from tee boxes to holes to achieve the yardage for a nine hole course within the footprint as possible. The total current yardage of play for the existing nine -hole course is approximately 1,340 yards from the white tee line (Men's). o Lessee to add bunkers and/or sand traps to the north side of hole number 8 with the intention of increasing speed of play. Placement, sizing and number of bunkers and/or sand traps will be based upon approved golf course architect recommendations. o When possible, Lessee shall utilize existing and available poles and netting not otherwise repurposed by TopGolf project. o Lessee shall install lighting on the golf course to allow for night time play on the course. 6AS - fiw-AB43 - . February 15, 2022 Agreement No. 6261A PREMISES IMPROVEMENTS Construction of the Top Golf Driving Range and Facility in accordance with Sections 4.1 and 12.1 of the Lease. Replacement/relocation of the existing net poles with the Top Golf required poles, which will adhere to all building and safety codes, SCE safety standards and other applicable safety standards. Any/all poles not specifically used in the construction of the TopGolf facility shall be repurposed, to the extent possible, for the golf course modifications. Expansion of the existing parking which shall extend over the area where Hole #1 is currently located on the golf course and provide adequate parking per city code. During the design process, the City shall determine the number and location of parking spaces that will be reserved (during the hours of operation of the Lakes) for patrons of the Lakes golf course, consistent with Section 5.4 of this Lease and subject to the terms and conditions of the approved Required Project Entitlements (as defined in the Lease). Should parking conflicts arise after the commencement of joint use of the parking facility, the City and the Lessee shall mutually cooperate and work together to implement parking control measures to further reserve parking spaces by use of patrons of the Lakes. -1 t&64 February 15, 2022