WALSH CONSTRUCTION COMPANY II, LLC

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A-2018.281 INSURANCE NOT ON FILE WORK MAY M PROCEED CLERK OF COUNCIL DATE: pj 2 2 2013 V4 (�7, LEASE AGREEMENT THIS LEASE (the "Lease") is made as of December 19, 2018, by and between The City of Santa Ana, a charter city and municipal.corporation organized and existing under the Constitution and laws of the State of California ("City" or "Landlord"),and Walsh Construction Company II, LLC ("Tenant"). I. EXHIBITS: The following exhibits are attached hereto and incorporated herein by reference. Exhibit "A" The Premises Exhibit "B" Additional Lease Conditions Exhibit "C" Janitorial Specifications 2, PREMISES: Landlord hereby leases to Tenant, and Tenant hereby leases from Landlord, upon the terms, covenants and subject to the conditions set forth berein, a portion of the property located at 1000 East Santa Ana Boulevard in the City of Santa Ana, commonly known as the Santa Ana Regional Transportation Center (SARTC), Specifically, Tenant will be leasing the portion identified as We 200, consisting of approximately 4,429 square feet of interior office space (hereinafter referred to as the "PREMISES"). Tenant shall be solely responsible at its own expense for all improvements made to the Premises and obtain all necessary permits. The Premises are more particularly described in Exhibit A. 3, COMMENCEMENT OF TERM: The term of this Lease (the "Term") shall be for a period of. three (3) years, which shall commence on December 19, 2018 (the "Commencement Date"), unless sooner terminated or extended as provided herein. 4. ADDITIONAL LEASE CONDITIONS: Tenant aolmowledges that this lease is subject to compliance with the additional lease conditions attached hereto as Exhibit B. These additional lease conditions are a material part of this lease agreement and any default of these conditions will be deemed a major breach and will subject this lease to termination per the terms identified herein. 5. EXTENSION PERIODS: Landlord shall have the right, but not the obligation, to provide Tenant the option to extend the Term for additional periods of one (1) month on the same terms and conditions as set forth in this Lease, up to twelve (12) months. Each option shall be agreed to in writhig by the Landlord and Tenant prior to the expiration of the To= or ally Extension Period then in effect. If Tenant does not exercise its option to extend as provided herein, Tenant will be deemed a holdover Tenant and subject to paragraph'7 of this lease. The lease Is subject to a Consumer Price Index (CP1) increase for any extension period. b. RENT: (a) Beginning on February 1, 2019 tenant shall pay to Landlord, as rent ("Rent"), throughout the Tenn, the monthly sum of Eight Thousand and Fifty Five Dollars ($8,055,00) in advance, on the 1 st day of each calendar month and continuing through the life of ixhibit i