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EXHIBIT 1
<br />AIRCR=
<br />STANDARD INDUSTRIAL/COMMERCIAL SINGLE -TENANT LEASE - GROSS
<br />(DO NOT USE THIS FORM FOR MULTI -TENANT BUILDINGS)
<br />1. Basic Provisions ("aasic Provisions").
<br />1.1 Parties_ This Lease ("Lease"), dated for reference purposes only April 2 2024_ , is made by and between Rick D Ka a5off 1"Le5sor') and City of
<br />Santa Ana ("Lessee"), (collectively the `Partes," or individually a "Party').
<br />1-2 Premises; That certain real property, including all improvements therein or to be provided by Lessor under "terms of this Lease, commonty known as
<br />(street address, city, state, zip): "Premises"). The Premises are located in the County of Orange , and are
<br />generally described as (describe briefly the nature of the property and , I applicable, the "Project,' if the property is located within a Project): an industrial
<br />building consisting of appfoximately 6,500 s uare feet . (See also Paragraph z)
<br />1-3 Term: 3 years and 0 months I"Original Term") commencing 5 1 2024 1" L;.ommencement Date") and ending 4130/2027
<br />("Expiration Date"). (See also Paragraph 3)
<br />1.4 Early Possession: If the Premises are available Lessee may have non-exclusive possession of the Premises commcncing — (" Early Possession Date"i.
<br />(See also Paragraphs 3-2 and 3.3)
<br />1.5 Base Rent: $9,100.00 per month ["Hxse Rent"), payable on the 1St day of each month commencing 5/ 1/7U7a (See also Paragraph 4)
<br />If this box is checked, these are provisions in this Lease for the Base Rent to be adjusted. See Paragraph
<br />1.6 Base Rent and Other Monies Paid Upon Execution:
<br />(a) aase Rent: S9,100.00 for theperiod 5/1/2024-5/31/2024 .
<br />(b) Security Deposit: ("security Deposit")_ (See also Paragraph 5)
<br />(r) Association ret-s: for the period
<br />(di Other: for _
<br />(e) Total Due Upon Execution of ibis Lease: $9,100.00 .
<br />1.7 Agreed Use: _ . (See also Paragraph G)
<br />1.8 Insuring Party, Lessor is the "Insuring Party". The annual "Base Premium" is _. (See also Paragraph S)
<br />1 9 Rail EStaW Brokers, {See also Paragraph 15 and 25)
<br />(a1 Representation: The following real estate brokers (the "Brokers") and brokerage relationships exist in this transaction (check applicable boxes):
<br />represents Lessor exclusively ("lessor's Broker"):
<br />represents Lessee exclusively 4"Lessee's Broker" ), o-
<br />represents both Lessor and Lessee ("Dual Agency").
<br />(b) Paymentto Broken: Upon execution and delivery of this Lease by both Parties, Lessor shall payto the Brokersthe brokerage fee agreed to in a
<br />separate written agreement (or if there is no such agreement, the sum of or % of the total Base Rentf for the brokerage services rendered by the Brokers.
<br />1.10 Guarantor. The obligations of the Lessee under this Lease are toile guaranteed by _ ("Guarantor'). (See also Paragraph 37)
<br />1.11 Attachments. Attached hereto are the following, all of which constitute a part of this Leasc:
<br />#; an Addendum consistingof Paragraphs 4$, 51 through 53
<br />rL— a plot ptan depicting the Premises,
<br />L a current set of the Rules and Regulations;
<br />[C a Work Letter;
<br />L other (specify):.
<br />2. Premises..
<br />2.1 l telling. Lessor hereby leases to Lessee, and Lessee hereby leases from Lessor, the Premises, for the term, at the rental, and upon all of the terms,
<br />covenants and conditions set forth in this Lease. Whilethe approximate square footage of the Premises may have been used in the marketing of the Premises for
<br />purposes of comparison, the Base (tent stated herein is NOT tied to square footage and is not subject to adjustment should the actual size be determined to be
<br />different. NOTE: Lessee is advised to verify the actual site prior to executing this Lease.
<br />2.2 Condition. Lessor shall deliver the Premises to Lessee broom clean and free of debris on the Commencement Date or the Early Possession Date, whichever
<br />first occurs ("Stan Date"), and, so long as the required service contrasts described In Paragraph 7.1(b) below are obtained by Lessee and in effect within thirty days
<br />following the Start Date, warrants that the existing electrical, plumbing, fire sprinkler, lighting, heating, ventilating and air conditioning systems ("NVAC'), loading
<br />doors, sump pumps, if any, and all other such elements in the Premises, other than those constructed by Lessee, shall be in good operating condition on said date and
<br />that the surface and structural elements of the roof, bearing walls and foundation of any buildings on the Premises (the "Building") shall be free of material de€eds,
<br />and that the Unit does not contain hazardous levels of any mold or fungi defined as toxic under applicable state or federal law. d a non-compliance with said warranty
<br />exists as of the Start Date, or if one of such systems or elements should malfunction or fail within the appropriate warranty period, Lessor shattr as Lessors sole
<br />obligation with respect to such matter, except as otherwise provided in this Lease, promptly after receipt of written notice from Lessee setting forth with specificity
<br />the nature and extent of such noncompliance, malfunction or failure, rectify same at Lessor's expense. The warranty periods shall be as follows- (i) 5 months as to
<br />the HVAC systems, and (ii) 30days as to the remaining systems and other elements of the Building. tf Lessee does not give Lessor the required notice within the
<br />appropriate warranty period, correction of any such non-compliancer malfunction or failure shall be the obligation of Lessee at Lessee's sole cost and expense, except
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<br />ITIAL5 Last Edited., 3/14/2024 3:26 PM INITIALS
<br />C 2017 AIR CRE. All Rights Reserved. 5TG-27.20, Revised 11-01-2017
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