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75B - AGMT - LEASE RSCCD
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75B - AGMT - LEASE RSCCD
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Last modified
10/10/2019 5:19:03 PM
Creation date
10/10/2019 5:17:24 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Parks, Recreation, & Community Services
Item #
75B
Date
10/15/2019
Destruction Year
2024
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EXHIBIT 1 <br />d) Any severance damages awarded or payable because only a portion of the <br />Premises is taken by eminent domain shall be equally divided, except to the <br />extent needed to replace and improvements taken by eminent domain with <br />equivalent improvements on the remaining portion of the Premises when <br />District cannot or does not terminate this lease, between City and District. <br />Rent Abatement for Partial Taking <br />Section 9.04. If title and possession of only a portion of the Premises is taken under the <br />power of eminent domain by any public or quasi -public agency or entity during the term of this <br />lease and District does not or cannot terminate this lease, then this lease shall terminate as to <br />the portion of the Premises taken under eminent domain as of 12:01 a.m. on whichever of the <br />following first occurs: the date title is taken, or the date actual physical possession of the <br />portion taken by eminent domain is taken, by the agency or entity exercising the eminent <br />domain power. Furthermore the rent payable under this lease shall, as of that time, be reduced <br />in the same proportion that the value of the portion of the Premises taken by eminent domain <br />bears to the full value of the Premises at that time provided, however, that District shall, <br />subject to the provisions of this lease, replace any improvements or facilities on the remaining <br />portion of the Premises and do all other acts at District's own cost and expense required by the <br />eminent domain taking to make the remaining portion of the Premises fit for the uses specified <br />in this lease. <br />Voluntary Conveyance in Lieu of Eminent Domain <br />Section 9.05. A voluntary conveyance by City of title to all or a portion of the Premises <br />to a public or quasi -public agency or entity in lieu of any under threat by that agency or entity <br />to take it by eminent domain proceedings shall be considered a taking of title to all or any <br />portion of the Premises under the power of eminent domain subject to the provisions of this <br />Article. <br />ARTICLE 10- ASSIGNMENT AND SUBLEASING <br />No Assignment without City's Consent <br />Section 10.01. District may not assign this lease without the prior approval of City, which <br />approval shall not be unreasonably withheld. <br />District's Right to Sublease <br />Section 10.02. District may not sublease the Premises without prior approval of the City, <br />which approval shall not be unreasonably withheld. <br />#iznazVz <br />75B-20 <br />
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