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Agenda Packet_2025-07-15
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Agenda Packet_2025-07-15
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7/15/2025
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EXHIBIT 2 <br />INSURANCE NOT REQUIRED <br />WORK MAY PROCE`_D <br />CITY CLERK <br />DATE: <br />�0- :CDA(2)(NO <br />(DebafhS ) <br />REVISED EXHIBIT C <br />A-2017-264-02A <br />FIRST AMENDMENT TO OFFICE LEASE BETWEEN <br />SANTA ANA CA I SGF, LLC AND THE CITY OF SANTA ANA <br />THIS FIRST AMENDMENT TO OFFICE LEASE (this "First Amendment') is entered <br />into as of 7vn!, tv I, 2023 (the "Effective Date") by and between SANTA ANA CA I SGF, <br />LLC, a Delaware limited liability company ("Landlord"), and THE CITY OF SANTA ANA, a <br />charter city and municipal corporation ("Tenant'). <br />WITNESSETH: <br />WHEREAS, Landlord, as successor -in -interest to CF SANTANA, LLC, a Delaware <br />limited liability company, and Tenant entered into that certain Office Lease No. A-2017-264 dated <br />October 7, 2017, Tenant Estoppel Certificate No. A-2017-264-01 dated February 8, 2018, and <br />Exhibit B Notice of Lease Term Dates No. A-2017-264-02 dated February 16. 2018 (hereinafter <br />collectively referred to as the "Lease"), pursuant to which Landlord leased to Tenant and Tenant <br />leased from Landlord that certain premises identified as Suite 200 containing approximately <br />19,321 rentable square feet of office space (the "Premises") in the building located at 801 Civic <br />Center Drive, Santa Ana, CA 92701 (the -Building"); <br />WHEREAS, Landlord and Tenant desire to amend the Lease to set a new Term of the <br />Lease, subject to the terms and conditions set forth herein. <br />NOW, THEREFORE, in consideration of the aforesaid premises and the other <br />agreements and covenants hereafter set forth and for other good and valuable consideration, the <br />receipt of which is hereby acknowledged, the parties do hereby agree as follows: <br />I . Incorporation of Recitals. The above recitals are hereby incorporated into this <br />First Amendment as if fully set forth herein. As used herein the term "Lease" shall mean the Lease <br />as amended by this First Amendment. <br />2. Definitions. All capitalized terms used in this First Amendment shall have the <br />meanings assigned to them in the Lease unless otherwise specified herein. <br />3. Term. The Initial Term as defined by Section 3, Basic Lease Provisions, of the <br />Lease is hereby for a period of One Hundred Twenty (120) full calendar months, commencing on <br />July 1, 2023 and expiring on June 30, 2033 (the "Term"). <br />Tenant shall have the right to extend the Term for two (2) sixty (60) month periods, in accordance <br />with Section 3.2.2, Standard Lease Provisions, of the Lease. <br />4. Base Rent. Commencing on July 1, 2023, Tenant shall pay Base Rent in the <br />following amounts: <br />Dates <br />Annual Base Rent <br />Monthly Installment <br />of Base Rent <br />Annual Rental Rate <br />per RSF <br />7/l /2023 — 6/30/2024 <br />$544,852.20 <br />$45,404.35 <br />$2.35 <br />59102t6.tt <br />ES: 3/12/25 <br />CEO/SBL/SSA-017-60-1 <br />SSA/City ofetty"CoUnCI Page 7 oV 9 139 Vt5t2eg5ent to Sublease <br />
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