HomeMy WebLinkAbout1998-10-13; City Council; Resolution 98-334*
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RESOLUTION NO. 98-334
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 C LOCATED AT 6351 YARROW DRIVE, CARLSBAD CALIFORNIA
WHEREAS, the City of Carlsbad, California has determined the need to provide
warehouse space for record and non-record storage; and
WHEREAS, Facilities Management staff has negotiated with the managing partner of the
property and secured a new three-year extension of the lease with an increase in rent from
$3,050 to $3,398 per month in year one to $3,514 and $3,629 per month in years two and three
respectively;
NOW, THEREFORE, BE IT RESOLVED, BY THE City Council of the City of Carlsbad as
follows:
1. That the above recitations are true and correct.
2. That the modification to the Lease Agreement between the City of Carlsbad and
Palomar 910 Associates, Ltd attached hereto as Exhibit 2 is hereby approved.
3. That the Mayor is hereby authorized to sign the lease modification on behalf of the
City.
PASSED, APPROVED AND ADOPTED by the City Council of the City of Carlsbad at its
regular meeting held on the 13th day of October , 1998, by the following vote, to wit:
AYES: Council Members Lewis, Finnila, Nygaard and Kulchin
NOES: None
ABSENT: Council Member Hall
ATTEST:
LLkkzfL 4.2- 1 ALETHA L. RAUTENKbANZ, City Clerk)
(SEAL)
2
0 0 PALOMAR 910 ASSOCIATES, LTD.
EXHIBIT 2
1859 Caminito Brisa P. 0. Box 1064
La Jolla, CA 92038
Phone: (619) 454-8841 Fax: (619) 454-8842
February 17,1998
City of Carhbad Community Services
405 Oak Ave.
Carkbad, CA 92008
Re: Proposed lease extension - Suite C, 6351 Yarrow Drive, Carlsbad, CA 92009
Attn: Mr. Chuck Walden
Facilities Superintendent
Dear Mr. Walden:
Per your request, I am hereby submitting for your approval a proposal to extend your existing
lease at the above refkrenced premises for a three year period, said extension to terminate
September 30,2001. Your current lease is dated May 2,1989. (It superceded your ori@ lease
dated July 13,1983.) This 1989 lease has been amended by letter agreements dated September
26,1991 and September 28,1995.
Your current lease agreement is scheduled to terminate September 30, 1998. 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 Lessor 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. R. 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 fiom or to small trucks or vans.
You have leased this space from me for 18 years. I 'very much wish to continue our business
relationship €or the foreseeable future. Accordingly, I am offering you a proposal which I believe
is priced well below the current Cmhbad market for similar properties.
I hereby propose the following modifrcation to your lease:
a. The termination date shall be extended until September 30,2001.
b. The monthly rental rate for this extension period shall be as follows:
October 1,1998 thru September 30, 1999 $3,398.00
October 1,1999 thru September 30,2000 $3,514.00
October 1,2000 thru September 30,2001 $3,629.00
CTYCRL07SAM
L 2
c 0 m pg 2 Proposed lease mod, City of Carlsbad
February 17,1998
c. Au other terms and conditions of the base shall remain unchanged.
If this proposed extension is acceptable to you, you may implement it by returning to me a copy
properly sigfled by the City of Carkbad.
This offer is good until March 3 1,1998, at which time it may be changed or revoked without
further notice. Please advise me if this date does not provide you with sufEicient time to make
your decision.
SincereIy,
PA OMAR 910 ASSOCIATES, LTD., Lessor &.-
Eli Perb
General Partner
EP:pe
AGREED
Date '%$48
CITY OF CARLSBAD. Lessee
cTYCRu)'I.sAM
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