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HomeMy WebLinkAboutGREYHOUND LINES, INC. (4)NSURANCE NOT ON FILE A-2020-247 WORK MAY NOT PROCEE0 CLERK OF COUNCIL FEB 1 2, 2021 DATE: FIRST AMENDMENT TO LEASE AGREEMENT 0'.PW A (Gahy Lofneli) (n) L3 WITH GREYHOUND LINES, INC. FOR USE OF THE Q A NT A A N A DT. ! Yi W A i THIS FIRST AMENDMENT to the above -referenced agreement is entered into on December 1, 2020, by and between Greyhound Lines, Inc., a Delaware corporation ("Tenant' or "Greyhound"), and the City of Santa Ana, a charter city and municipal corporation organized and existing under the Constitution and laws of the State of California ("City"). RECITALS A. The parties entered into a Lease Agreement No, A-2016-332 ("Agreement") on November 15 2016, by which Tenant and the City agreed to the lease of 580 square feet of interior office space at the Santa Ana Regional Transportation Center Facilities ("SARTC") for the purpose of selling tickets to patrons in order to utilize the Greyhound transit services at SARTC. B. Per Section 5 of the Agreement, the term of the Agreement has been extended by operation of an extension letter (#A-2016-332-01), dated September 17, 2019, for an additional one- year period through November 30, 2020, with the option for a second and final one-year extension.. C. The parties now wish to exercise the option for a final extension of the term for an additional one-year period and also amend the compensation for a reduction in monthly rent for the initial six (6) months of this additional one-year period, commencing with the date provided above to this First Amendment. The Parties therefore agree: 1. Section 3, Commencement of Term, is amended to extend the term of the Lease Agreement through November 30, 2021. 2. Section 6, Rent, is amended to decrease the monthly rent from its current amount of $3,495 to $2,668 for only the six-month period ending May 31, 2021, commencing from the date provided above for this First Amendment. Effective June 1, 2021, rent shall revert to the monthly amount of $3,495 through the remainder of the extension period, above. 3. Except as modified by this First Amendment, all terms and conditions of the Agreement shall remain in full force and effect. [signature page to follow] Page I of A-2020-247 IN WITNESS WHEREOF, the parties hereto have executed this First Amendment to the Agreement on the date and year first written above. ATTEST 'r �_ a sy Gomez ;K-Cleik of the Courcil APPROVED AS TO FORM Sonia R. Carvalho City Attorney By: J0fin M. Funk Sr. Assistant City Attorney RECOMMENDED FOR APPROVAL Nabil Saba Executive Director Public Works Agency CITY OF SANTA ANA Kristine Ridge City Manager GREYHOUND LINES, INC. By: 04A 5 - CAc�4 ,,,, Title: ?a-rs oenaTt C4�W Page 2 of 2