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80A - PH AGMT WITH COUNTY OF ORANGE 65 YR GROUND LEASE
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80A - PH AGMT WITH COUNTY OF ORANGE 65 YR GROUND LEASE
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Last modified
2/13/2020 5:09:20 PM
Creation date
2/13/2020 4:59:39 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
80A
Date
2/18/2020
Destruction Year
2025
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i0a:11-111 a <br />Plan"). Lessor shall approve or disapprove such Capital Improvement Plan within thirty (30) days of <br />receipt, which approval shall not be unreasonably withheld, conditioned or delayed. Any <br />expenditure set forth in the approved Capital Improvement Plan shall be considered pre -approved by <br />Lessor (but only up to the amount of such expenditure set forth in the Capital Improvement Plan) for <br />the duration of the upcoming year. Tenant shall have the right during the course of each year to <br />submit to the Lessor for the Lessor's approval revisions to the then current Capital Improvement <br />Plan, or individual expenditures not noted on the previously submitted Capital Improvement Plan. In <br />the event of an unexpected emergency that necessitates a Permitted Capital Expenditure not <br />contemplated by the Capital Improvement Plan, the Tenant may complete such work using the funds <br />from the Capital Improvement Fund with contemporaneous or prior (if possible) written notice to the <br />Lessor and provide applicable documentation to the Lessor thereafter for approval. If the Lessor <br />disapproves the emergency expenditure which was not previously approved by Lessor, Tenant shall <br />refund the amount taken from the Capital Improvement Fund within thirty (30) days of written notice <br />from the Lessor of its decision. <br />5.6.10. Notwithstanding anything above to the contrary, if Tenant incurs <br />expenditures that constitute Permitted Capital Expenditures but which are not funded out of the <br />Capital Improvement Fund because sufficient funds are not then available in such fund, then Tenant <br />may credit the Permitted Capital Expenditures so funded by Tenant out of its own funds against <br />future Capital Improvement Fund contribution obligations of Tenant; provided, that such credit must <br />be applied, if at all, within four (4) years after such Permitted Capital Expenditure is incurred by the <br />Tenant. <br />ARTICLE VI <br />REPAIRS, MAINTENANCE, ADDITIONS AND RECONSTRUCTION <br />6.1 Maintenance by Tenant. Throughout the Term of this Lease, Tenant shall, at Tenant's <br />sole cost and expense, keep and maintain the Premises and any and all Improvements now or <br />hereafter constructed and installed on the Premises in good order, condition and repair (i.e., so that <br />the Premises does not deteriorate more quickly than its age and reasonable wear and tear would <br />otherwise dictate) and in a safe and sanitary condition and in compliance with all applicable Laws in <br />all material respects. Tenant shall immediately notify the Lessor of any damage relating to the <br />Premises. <br />6.2 Interior Improvements, Additions and Reconstruction of Improvements. Following <br />the completion of construction of the Initial Improvements, Tenant shall have the right from time to <br />time to make any interior improvements to the Improvements that are consistent with the Lessor's <br />approved use of the Premises as reflected in this Lease, without Lessor's prior written consent, but <br />with prior written notice to the Lessor (except in the event of an emergency, in which case no prior <br />written notice shall be required but Tenant shall notify Lessor of any emergency work done as soon <br />as practicable). With prior written approval of Lessor, Tenant may restore and reconstruct the <br />Improvements, and in that process make any modifications otherwise required by changes in Laws, <br />following any damage or destruction thereto (whether or not required to do so under Article VII); <br />and/or to make changes, revisions or improvements to the Improvements for uses consistent with the <br />Lessor approved use of the Premises as reflected in this Lease. Tenant shall perform all work <br />authorized by this Section at its sole cost and expense, including, without limitation, with insurance <br />proceeds approved for such use in accordance with Article VII, if any, and in compliance with all <br />applicable Laws in all material respects. <br />Page 123 <br />L4 ' • • <br />
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