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TOWERCO ASSETS LLC (2)
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TOWERCO ASSETS LLC (2)
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Last modified
7/8/2016 8:32:15 AM
Creation date
4/19/2010 1:27:24 PM
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Contracts
Company Name
TOWERCO ASSETS LLC
Contract #
A-2009-200
Agency
PARKS, RECREATION, & COMMUNITY SERVICES
Council Approval Date
12/7/2009
Expiration Date
6/3/2012
Destruction Year
2016
Notes
A-2002-095
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A- 2009 -200 <br />INSURANCE RIOT ON FILE <br />WORK MAY NQT PROCEED <br />CLERK OF COUINCIL <br />nAiF. 1 -Z7 -1p AMENDMENT TO LAND LEASE AGREEMENT <br />17� THIS AMENDMENT TO LAND LEASE AGREEMENT ( "Amendment ") is entered as of <br />the latter of the signature dates below by and between the CITY OF SANTA ANA, a charter city <br />and municipal corporation organized and existing under the Constitution and laws of the State of <br />California ( "Lessor ") and TOWERCO ASSETS LLC, a Delaware limited liability company <br />( "Lessee "). <br />C� RECITALS <br />A. Lessor entered into that certain Land Lease Agreement dated June 3, 2002, with <br />�► <br />10 Sprint P.C.S Assets, L.L.C., a Delaware limited liability company ( "Sprint/Nextel ") (the <br />"Agreement "), for certain real property and easements (collectively, the "Premises "), which are a <br />portion of that certain parcel of real property located at 2915 West La Verne Ave., Santa Ana, <br />' CA 92704 (the "Land "). <br />B. Sprint/Nextel assigned all its right, title and interest in, to and under the <br />Agreement to Tower Entity 4 LLC ( "Tower Entity "), by that certain Assignment and <br />Assumption of Ground Lease dated September 23, 2008 (the "Assignment "). Thereafter, Tower <br />Entity was acquired by and merged into Lessee. <br />C. The Assignment was recorded in the Official Records of the County of Orange, <br />State of California, as Document No. 2009000020370, on January 16, 2009. <br />B. Lessee desires to sublease space at the Premises to Clear Wireless LLC <br />( "Clearwire "), and Lessor agrees to consent to such sublease, all in accordance with the terms <br />and conditions as set forth below. <br />NOW, THEREFORE, for and in consideration of the promises and mutual covenants <br />herein contained and other good and valuable consideration, the receipt and sufficiency of which <br />is hereby acknowledged, the parties hereby agree to amend the Agreement as follows: <br />1. Sublease. Pursuant to the requirements of the Agreement, Lessor hereby consents <br />to Lessee entering into a sublease with Clearwire ( "Clearwire Sublease ") to allow for the co- <br />location of Clearwire equipment in conformance with the site plan, equipment plan and antenna <br />configuration approved by the City. <br />2. Rent~ As consideration for Lessor's consent to the Clearwire Sublease, the Rent <br />shall be increased by the sum of Three Hundred and no /100 Dollars ($300.00) per month <br />effective as of the first day of the month following the commencement date of the Clearwire <br />Sublease and continuing through the term of the Clearwire Sublease (the "Sublease Fee "). The <br />Rent, as increased hereby, shall continue to increase pursuant to the terms of the Agreement. <br />The Sublease Fee shall terminate on the date the Clearwire Sublease terminates or expires and <br />the Rent thereafter shall be reduced by an amount equal to the Sublease Fee as of the date of <br />such termination or expiration. <br />CA2930 — Windsor Park <br />First Amendment <br />DM# v I <br />Page 1 <br />
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