CONTRACT 2815 License Agreement0
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CITY OF EL SEGUNDO
REVOCABLE LEASE AGREEMENT
THIS LEASE, made this 15T" day of August, 2000, by and between the
CITY OF EL SEGUNDO, CALIFORNIA, a municipal corporation (hereinafter referred to
as "LESSOR "), and PACIFIC BUILDING INTERIORS, INC. (hereafter referred to as
"LESSEE' ):
WITNESSETH:
1. LESSOR does hereby lease to LESSEE and LESSEE does hereby
take from LESSOR certain premises located in the City of El Segundo, County of Los
Angeles, State of California, consisting of approximately four thousand (4,000) square feet,
immediately adjacent to Douglas Street, of a portion of Lot 22, Tract No. 26557 as shown
on map recorded in Book 675, Page 97, in the Office of the County Recorder of the County
of Los Angeles, State of California, described as shown on attached Exhibit "A ".
2. The term of this Lease shall be from month to month, terminable by
either party upon thirty (30) days prior written notice to the other party. At the expiration
of the term, or upon any earlier termination of this Lease, LESSEE will quit surrender the
premises herein leased, and the parties shall have no further rights or obligations as to
each other with respect to said Lease.
3. For the period commencing on the lease start date and continuing
thereafter on a monthly basis until terminated, LESSEE shall pay as rent for said premises,
NAAGREEMN"RPACIFIC- BUILD.LSE (7128/00) 1
28 ...
the sum of $414.00 in lawful money of the United States, payable in advance, on the first
business day of each and every month to LESSOR at 350 Main Street, El Segundo,
California 90245, unless otherwise directed in writing by LESSOR. In the event this lease
commences on any day other than the first of the month, or terminates on any day other
than the last of the month, LESSEE shall pay to LESSOR a pro -rata share of the monthly
rental based upon actual days of occupancy.
4. The monthly rent shall be adjusted annually, based on the Consumer
Price Index for the Los Angeles area.
5. LESSEE acknowledges that it has received a copy of the conditions
enumerated in that certain deed dated January 11, 1968, by which LESSOR acquired title
to the property that is the subject of this Lease, and LESSEE agrees to comply with each
and every condition so imposed in said deed during its tenancy on the above - described
property. LESSEE has conducted its own title report and due diligence and is not relying
on any representations or warrantees made by City.
6. LESSEE agrees that access to the leased premises will be only from
Douglas Street. LESSOR and LESSEE agree that the intended purpose of this Lease is
to provide a two (2) person office trailer and additional parking for vehicles and all other
uses shall be prohibited. LESSEE will be permitted to use existing driveways. No new curb
cuts or ramps shall be installed by LESSEE.
7. LESSEE agrees to maintain the premises in a clean and sanitary
condition. LESSEE shall not place or construct any buildings and /or structures on the
premises. At the termination of this lease, LESSEE shall return the premises to LESSOR
in the same or better condition as the premises were in as of the time of commencement
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of this lease.
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8. LESSEE understands that LESSOR has acquired this property
primarily for the purpose of extending Douglas Street in the City of El Segundo to cross
an existing railroad track, and LESSEE agrees that, in the event LESSOR should require
the subject property for such relocation or for any other purpose solely under the
LESSOR'S discretion, LESSEE does hereby consent to LESSOR canceling and
, terminating this Lease upon thirty (30) days written notice addressed to LESSEE. LESSEE
agrees to vacate the said premises within the above thirty (30) day period and remove all
LESSEE'S installations prior to the termination of the Lease. LESSEE may cancel and
terminate lease upon thirty (30) days written notice to the LESSOR.
9. LESSEE shall procure and keep in effect during the term hereof a
combined single limit policy of $1,000,000 for bodily injury and property damage liability.
LESSEE shall provide LESSOR with an endorsement and evidence of insurance which
provides for LESSOR, its officers, agents, and employees to be additional insured but only
in respect to the Leased Premises and which provides LESSOR with (30) days' notice of
any material change or cancellation of said insurance coverage, by registered mail.
10. LESSEE shall not have the right to sublet or assign the whole or any
part of said premises; provided, however, that LESSEE may do so with the written consent
of LESSOR. Any such subletting or assignment shall not relieve LESSEE of any liability
or obligation under this Lease.
NAAGREEMN'RPACIFIC- BUILD.LSE (7/28/00) 3
11. Any notice from LESSOR to LESSEE shall be deemed duly served if
mailed by certified mail, return receipt requested, addressed to LESSEE at:
Attention: Mr. Steve Yeschenko
Pacific Building Interiors, Inc.
5363 Alhambra Avenue
Los Angeles, CA 90032
Telephone: 323 - 223 -1124
Facsimile: 323 - 222 -4073
Any notice from LESSEE to LESSOR shall be deemed duly served if mailed by certified
mail, return receipt requested, addressed to LESSOR at the address set forth in
Paragraph 3 hereof. In each case, the customary certified mail return receipt shall be
conclusive evidence of such service. Either party may change its address to which a
notice shall be sent by giving written notice of such change to the other party as provided
herein.
12. LESSEE recognizes and understands that this Lease may create a
possessory interest subject to property taxation and that the LESSEE may be subject to
the payment of property taxes levied upon such interest.
13. The terms of this Lease shall be binding upon and for the benefit of
the parties hereto, their respective successors, representatives and assigns.
14. This lease represents the final agreement of the parties with respect
to the subject matter hereof and supersedes all prior written and oral agreements and
understandings of the parties with respect to the subject matter hereof.
15. In the event that any litigation is commenced respecting the
enforcement or interpretation of this LESSEE, the prevailing party shall be entitled to its
NAAGREEMM)PACIFIC- BUILDISE (7/28/00) 4
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. reasonable attorney's fees and costs.
IN WITNESS WHEREOF, this Instrument has been duly executed as of the
day and year first above written.
LESSOR: CITY OF EL SEGUNDO, CALIFORNIA
Mike Gordon, Mayor
City of El Segundo
LESSEE: Pacific Building Interiors, Inc.
363 Alhambra Avenue
snAngeles, CAA90W2
AN
ATTEST:
�
Cindy Mort sen
City Clerk
(SEAL)
APPROVED AS TO FORM:
2;�� e��
ark D. nsley
City Attorney
NAAGREEMNTTACIFIC- BUILD.LSE (7/28/00) 5
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