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Agreement to Lease Office Space <br />Community Development Agency — <br />WORK Center <br />October 3, 2017 <br />Page 2 <br />Fiscal Year <br />City's Share <br />Partners' Share <br />Total Payments <br />2017-18 <br />$ <br />62,640.60 <br />$ <br />64,878.00 <br />$ <br />127,518.60 <br />2018-19 <br />$ <br />252,441.66 <br />$ <br />261,458.31 <br />$ <br />513,899.97 <br />2019-20 <br />$ <br />260,015.01 <br />$ <br />269,301.99 <br />$ <br />529,317.00 <br />2020-21 <br />$ <br />267,815.37 <br />$ <br />277,381.11 <br />$ <br />545,196.48 <br />2021-22 <br />$ <br />275,849.76 <br />$ <br />285,702.57 <br />$561,552.33 <br />2022-23 <br />$ <br />211,507.56 <br />$ <br />219,062.34 <br />$ <br />430,569.90 <br />Totals <br />$1,330,269.96 <br />$1,377,784.32 <br />$2,708,054.28 <br />Please note the City's share, as noted above, is dependent solely from the following revenue <br />sources: Grant funding (WIOA Grant) and Orange County SSA Wex / Slingshot Grant(s). <br />However, the current grant fundings (noted above) and/ or award allocations has been awarded <br />through 2019. Any future funding sources of this Grant is dependent on the City being <br />successfully in receiving a Grant Award allocation through the lease office space period (FY <br />2022-23). In the event the City is unsuccessful in obtaining a grant award, it will require <br />alternate funding sources to meet the above -referenced lease obligation. <br />Robert M. Zur S hm de <br />Interim Executive ector <br />Community Development Agency <br />RZS/DS/gg <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br />Francisco Gutierrez <br />Executive Director <br />Finance and Management Services Agency <br />Exhibits: 1. Master Lease <br />2. Letter of Intent to Sub Lease — Employment Development Department <br />3. Letter of Intent to Sub Lease — OC Social Services Agency <br />25B-4 <br />