25B - AGMT REGIONAL TRANSPORTATION LEASE

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EXHIBIT I Senator Lease # SENATE, CALIFORNIA LEGISLATURE LEASE ALL INFORMATION REQUESTED IN THIS LEASE MUST BE COMPLETED PRIOR TO SIGNATURE OF THE SENATE RULES COMMITTEE: PREAMBLE - THIS LEASE, made and entered into this June 18, 2019, by and between the City of Santa Ana, a charter city and municipal corporation organized and existing the Constitution and laws of the State of California, hereinafter called Lessor, and the Senate Rules Committee, California Legislature, hereinafter called State. WITNESSETH: The parties hereto mutually agree as follows: 1. DESCRIPTION - Lessor hereby leases unto State and State hereby hires from Lessor those certain premises situated in the City of Santa Ana, County of Orange, State of California, and more particularly described as follows: a portion of the premises located at the Santa Ana Regional Transportation Center (SARTC), 1000 East Santa Ana Boulevard, consisting of 3,200 square feet of office space, as more particularly described on Exhibit A. State agrees to take possession of the leased premises in an AS -IS condition and further agrees that, except as specified in Paragraph 23, Lessor shall have no responsibility for any repairs or improvements to the leased premises, prior to, or as a condition of, State's occupation of the leased premises. 2. TERM - TO HAVE AND HOLD said leased premises, together with the appurtenance, rights, privileges, and easements thereunto belonging or appertaining unto State, for a term commencing August 1, 2019,.and ending on February 28, 2023, with such rights of termination as are hereinafter set forth. 3. RENT — The total amount to be paid is as follows: $2.00 PER SQUARE FOOT for 3,200 SQUARE FEET. TOTAL MONTHLY RENTAL:.$6,400- with rental payable by State in arrears on the last day of the month, unless sufficient funds have not been made available in the annual budget act for the purpose of funding Senate Rules Committee Lease agreements. Rental payments will be made as soon as funds are made available under the annual budget act. 4. PREPAYMENT DISCOUNT - State shall have the right during the term of this lease to prepay rent to Lessor in a lump sum payment for any portion of the lease term. If this lease is terminated for any reason authorized herein prior to the end of the period for which the State had made prepayment of rent, the Lessor shall refund to the State that portion of the State's prepaid rent which is attributable to that period which commences on the effective date of the earlier termination and ends on the expiration date of the period covered by the prepaid rent. Rental payable hereunder for any period of time less than that for which periodic rental is paid shall be determined by prorating the rental herein specified for the applicable period by 30 days. 25B-5