HomeMy WebLinkAbout1986-07-22; City Council; Resolution 87061
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RESOLUTION NO. 8706
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF CARLSBAD, CALIFORNIA, APPROVING
A LEASE AGREE34ENT BETWEEN THE CITY OF
BE IT RESOLVED by the City Council of the City of Carlsbad, as follows:
CARLSBAD AND PALOMAR 910 ASSOCIATES, LTD.
1. That a certain agreement between the City of Carlsbad and Palmar 910
Associates, Ltd., a copy of which is attached hereto marked Exhibit A and
incorporated herein by reference, is hereby approved.
2. That the Mayor of the City of Carlsbad is hereby authorized and
directed to execute a lease, a copy of which is attached hereto marked Exhibit
for and on behalf of the City of Carlsbad.
PASSED, APPROVED AND ADOPTED by the City Council of the City of Carlsbad, a
a regular meeting held on the 22nd day of July -- , 1986, by the
following vote, to wit:
AYES: Council Members Casler, Lewis, Kulchin and Pettine
NOES: None
ABSENT: Council Member Chick
ATTEST:
I
(SEAL)
0 EXHIBIT A
Pa~oar~n 910 ASSOCIATES, LTD.
c/b ELI PEIILMAS REALTY CO.
1660 HOTEL CIRCLE NORTH. SUITE 216
SAN DIEGO. CA 92108
299,5100
May 15, 1986
City of Carlsbad
1200 Elm Street
Carlsbad, CA 92008-1989
Re: Lease at 6351 Yarrow Drive, Suite G, Carlsbad, CA
Attn: Mrs. Ruth Fletcher
Purchasing Agent
Dear Nrs. Fletcher:
Your lease at 6351 Yarrow Drive, Suite C, Carlsbad, is scheduled to terminate
on September 30, 1986.
As you will recall, it is a gross lease and the Landlord is responsible for
all common area operating expenses including cleaning, maintenance, and repair.
The Landlord is also responsible for real estate taxes and property insurance.
Your current rental rate is $2450 per month. The rented space is 5760 sq. ft.
You have requested .that I give you proposals for both a two year and for a
three year extension. I hereby propose that we agree to an extension of this
lease with either of the following alternative changes to the lease:
THREE YEAR EXTENSION
PERIOD RENTAL RATE (GROSS) SECURITY DEPOSIT
10/1/86 - 9/’30/87 $2625/month
10/1/87 - 9/30/88 $2785/month
10/1/88 - 9/30/89 $2950/month
$2625
$2785
$2950
TWO YEAR EXTENSION
PERIOD RENTAL RATE (GROSS) SECURITY DEPOSIT
10/1/86 - 9/30/87 $2625/month $2625
10/1/87 - 9/30/88 $2785/month $2785
All other terms and conditions of your lease would remain unchanged.
I am providing you under seperate cover rental survey information which will
document that theserates are below current rates for similar space in this area.
May 15, 1986
City of Carlsbad
Page 2
If either of these alternatives are acceptable to you, please indicate below
which you have chosen, have this document appropriately signed and notorized,
and return one copy to me.
Sincerely,
Eli Perlman,
Managing Partner
EP:pe
WE HEREBY AGREE TO THE ABOVE PROPOSED CHANGES FOR A
THE REFERENCED LEASE.
THREE YEAR EXTENSION TO
98 IP Date Tu LV 2s / t
CITY OF CARLSBAD
by MARY H. CgSLER, Mayor
Date
PALOMAR 910 ASSOCIATES
by Eli Perlman, its Managing Partner