HomeMy WebLinkAbout1996-01-09; City Council; Resolution 96-51
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RESOLUTION NO.
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CARLSBAD, CALIFORNIA APPROVING AN EXTENSION OF
THE EXISTING LEASE WITH PALOMAR 910 ASSOCIATES,
LTD FOR SUITE E LOCATED AT 6351 YARROW DRIVE,
CARLSBAD, CALIFORNIA
0
WHEREAS] the City of Carlsbad, California has determined the need to providc
warehouse space for record and non-record storage;
WHEREAS, negotiations with the managing partner of the property have resul
in an agreement to secure an extension of the lease period with no increase in rent;
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of
Carlsbad, California as follows:
1.
2.
That the above recitations are true and correct.
That the modification to the Lease Agreement between the City of Carlsk
and Palomar 910 Associates, Ltd. attached hereto as Exhibit 2 is hereby
approved.
That the Mayor is hereby authorized to sign the lease modification on
behalf of the City.
3.
PASSED, APPROVED AND ADOPTED by the City Council of the City of Carlsb
at its regular meeting held on the 9th day Of JANUARY
1996, by the following vote, to wit:
AYES:
NOES: None
ABSENT: None
Council Members Lewis , Nygaard, Kulchin, Finnila, Hall
ATTEST:
/- (SEAL)
,*
I *dL,-
SEp 2 9 1% .L kxhlblt 2 0 PALOMAR 910 ASSOCIATES, LTD.
1859 Caminito Brisa
P. 0. Box 1064
La Jolla, CA 92038
Phone: 454-8841 Fax: 454-8842 ---*..------,,Y v *---.
September 28, 1995
City of Carlsbad Community Services
405 OakAve.
Carlsbad, CA 92008
Re: Proposed lease extension - Suite D, 635 1 Yarrow Drive, Carlsbad, CA 92009
Attn: Mr. Chuck Walden
Building Maintenance Supervisor
Dear Mr. Walden:
Per your request, I am hereby submitting for your approval a proposal to extend your existing
lease at the above referenced premises for a three year period, said extension to terminate
September 30, 1998.
Your current lease is scheduled to terminate September 30, 1995. It provides for a monthly
industrial gross rental rate of $3,050.00 per month. I hold a security deposit of $3,050.00. The
lease also provides that Lessee and Leasor each have the right to terminate the lease by giving one
hundred eighty (1 80) days prior written notice to the other party.
Your leased space is approximately 120' x 48' (5,760 sq. ft. in area) and has a 22' clear span
ceiling. You have a 10' x 20' double truck door with dock high loading; you also have a concrete
ramp which simplifies loading from or to small trucks or vans.
You have leased this space fiom me for 15 years. I hope we can continue this relationship for the
foreseeable fhture.
I therefore propose the following modification to your lease:
a. The termination date shall be extended until September 30, 1998.
b. The rental rate shall continue unchanged at its present rate of $3,050.00 per month
until September 30, 1998, when this proposed extension terminates.
c. All other terms and conditions of the lease shall remain unchanged.
CTYCFX04 SAM
, e e
7 pg 2
Proposed lease mod, City of Carlsbad
March 1, 1995
If this proposed extension is acceptable to you, you may implement it by returning to me a copy
properly signed by the City of Carlsbad.
This offer is good until October 3 1,1995, at which time it may be changed or revoked without
further notice.
Sincerely,
PALOMAR 9 10 ASSOCIATES, LTD., Lessor 8d FA
Eli Perlman
General Manager
EP:pe
AGREED
Date January 10, 1996
(
CTY CRLOISAM