Item 17 - Lease Agreements with Rick Kagasoff for Two Warehouse Locations

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"8 Offer_ Preparation oft his Lease by either Party ortheir agent and submission of same to the Other Party shall not be deemed an offer to tease tothe other Party. This Lease is not intended to be binding until executed and delivered by all Parties hereto. 47. Anwendlm mts. This Lease maybe modified only in writing, signed by the Parties in interest at the time of the modification. As long as they do not materially change Lessee's ob4gattans hereunder. Lessee agrees to make such reasonable non -monetary mgdificationstothis Lease as maybe reasonably required by a Lender in wnnecton with the abtainingof normal financing or refinancing of the Premises. YAio aerciur_ - ADZ Twc AGREEMENT_ 49- Arbitration ofiDisputpa_ An Addendum fequiringthe Arbitration of all disputes between the Parties and/or Brokers arismR out of this Lease L IS * Is not attached to this Lease 50. Accessibility; Americans wl th DisaSYitin Act (a) The Premises: J have not undergone an inspection by a Lemfied Access Specialist (CASp). Note: A Certifed Access Speelaltst (CASp) fdn Inspect the subject premises and deterrtiine whether the subject premises wmply wish all of the applicable construction -related accessibility standards under state law. Although state lawdoes not require a CAS9 inspection of the subject premises, the oornr ial property owner or lessor may not prohibit the lessee or tenant from obtaining a CASp insppctfon of the subject premises for the occupancy or potential occupancy of the Iesspp or tenant, if mquected by the lessee or tenant. The parties shall mutually agree on the arrangements for the time and manner of the CASp inspection, the payment of the lee for the CASp inspection, and the cost of making any repairs necessary to correetvioiations otconstruction-related accessibilrtystand ardswithin the premises. have undergone an inspection by Certified Access Specialist ICASpj and it was determined that the Premises met all applicable construction -related accessibility standards pursuant to California Civil Code §55.51 et seq. Lessee acknowledges that it received a copy of the inspection report at least 48 hours prior to exend tg this Lease and agrees to keep such report confidential. have undergone on inspection bya Certified Access Specialist (CASp) and it waS determined that the Premises did not meet all applicable construction -related accessibility standards pursuant to California Civil Code §5S.51 et seq. Lessee acknowledges that it received a copy of the inspection report at least 48 hours prior to executinR this Lease and agrees to keep such report con fidendal except as necessary to complete repairs andcorrections of violations of construction related accessibility standards - in the event that the Premises have been issued an inspection report by a CASp the Lessor shall provide a copy of the disability access inspection certificate to Lessee within 7 days of the execution of this Lease- Ibl Since compliance with the Americans wear OisabilUtes Act IAOAI and other state and local accessibility statutes dredependent upon Lessee's specitic use of the Premises. Lessor makes no warranty or representation a5 to whether or not the Premises comply with ADA or any similar legislation- in the event that Lessee's use of the Premises requires modifications or additions to the P misesin order to be in compliancewith ADA or other accPvt bility statutes. LPSSep arrsps to make any such necessary modifications and/or additions at Lessee's expense LE55QRAND LESSEE HAVE CAREFULLY READAND REVIEWED THIS LEASE AND EACH TERM AND PROVISION CONTAINED HEREIN, AND BY THE D(ECUTION OF THIS LEASE SHOW THEIR INFORMED AND VOLUNTARY CONSENT THERETO. THE PARTIES HEREBY AGREE THAT, AT THE TIME THIS LEASE 15 EXECUTED, THE TERMS OF THIS LEASE ARE COMMERCIALLY P A5ONABLE AND EFFECTUATE THE INTEMT AND PURPOSE OF LESSOR AND LESSEE WITH RESPECT TOTHE PREMISES - ATTENTION: NO REPRESENTATION OR RECOMMENDATION 15 MADE BY AIR CRE OR BY ANY BROKER AS TO THE LEGAL SUFFICIENCY;UEGAt EFFECT, OR TAX CONSEQUENCES OF TM5 LEASE OR THE TRANSACTION TO WHICH IT RELATES. THE PARTIES ARE URGED TO: 1, SEEK ADVICE OF COUNSLLAS TO THE LELiAL ANO TAX CONSEQUENCES Of THIS LEASE. Z. RETAIN APPROPRIATE CONSULTANTS TO REVIEW ANDINVESTIGATE THE CONDITION OF THE PREMISES, SAID INVESTIGATION SHOW 0INCLUDE BUT NOT BE LIMITED TO: THE POSSIBLE PRESENCE OF HAZARDOUS SUBSTANCES, THE ZONING. OF THE PREMISES, THE STRUCTURAL INTEGRITY, THE CONDITION OF THE ROOF AND OPFRATING SYSTEMS. AND THE SUITARIlA Y OF THE PREMLSES FOR LESSEE'S INTENDED USE. WARNING: IF THE PREMISES ARE LOCATED IN A STATE OTHER THAN ILA UIFORNLA, CERTAIN PROVISIONS OF THE LEASE MAY NEED TO OF REVLSEDTO COMPLY WrTH THE LAWS or THE STATE IN WHICH THE PREMISES ARE LOCATED. The parties hereto have executed this Lease at the place and on the dates specified above their respective signatures. Executed at. Ong By LESSOR: Rick D I afaasnii Name Prrinted: Title: Phone, Fax: Email: By - Name Printed: Executed at: On: By LESSEE: City of Santa Ana By: See attached signature page Name Printed Title: Phone: Fax Email, RV Name Printed: Page 15 of 15 INITIALS Last Edited: 3/14/2024 3 33 PM INITIALS 49 Z017AIR CRE. AJI Rights Reserved, STG-27.20, Revised 11-01-2017