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Contracts & Agreements_151-2020
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Contracts & Agreements_151-2020
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Last modified
10/26/2021 12:04:41 PM
Creation date
10/26/2021 12:04:12 PM
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Contracts & Agreements
Subject
Lease Agreement
Details
Grove High School
Date
7/7/2020
Document Number
151-2020
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Recording requested by <br /> and when recorded mail to: <br /> City Clerk <br /> City of Redlands <br /> P. O. Box 3005 <br /> Redlands, CA 92373 <br /> LEASE AGREEMENT <br /> This Lease is made and entered into this 7`l' day of July, 2020, by and between the City of <br /> Redlands,a municipal corporation("City"),and Grove High School,a charter school located in the <br /> Redlands Unified School District ("Grove School"). City and Grove School are sometimes <br /> individually referred to herein as a "Party" and, together, as the"Parties." <br /> ARTICLE 1. LEASED PREMISES <br /> Section 1.01 Premises. City, for the purpose of enhancing educational opportunities for <br /> public high school students in the Redlands Unified School District,and in consideration of the rent <br /> to be paid by Grove School and the covenants to be kept and performed by Grove School under this <br /> Lease,hereby leases to Grove School,and Grove School,in consideration of the covenants to be kept <br /> and performed by City under this Lease, hereby leases from City, the real property together with <br /> improvements in Redlands, California,known as the"Van Grouw Dairy Land property" located in <br /> Heritage Park, as depicted on the map and legal description attached hereto as Exhibit "A" (the <br /> "Premises"). <br /> ARTICLE 2. TERM OF LEASE <br /> Section 2.01. Original Term. This Lease shall be for a term of six (6) years, commencing <br /> July 7, 2020. <br /> Section 2.02. Renewal Term. Grove School shall have the option of renewing the Lease for <br /> an additional twenty-five(25) years. Grove School may exercise such option by providing written <br /> notice to City not earlier than ninety (90) days, and not later than forty-five (45) days, prior to <br /> expiration of the original term which occurs on February 28,2026.The original term and the renewal <br /> term are,together, referred to hereinafter as the "Term"of this lease. <br /> Section 2.03. Earl Termination. Notwithstanding the"original"and"renewal"terms of this <br /> lease,either Party may terminate this Lease,without penalty,at any time upon giving one year's prior <br /> written notice to the other Party. <br /> ARTICLE 3. RENT <br /> Section 3.01. Rent. Grove School shall pay to City rent for the Premises, each year,during <br /> the Term of this Lease, the sum of One Dollar ($1.00) (the "Rent"). The Rent shall be payable <br /> 1 <br /> L:1ca\djm\Agreements\Grove School Lease Agreement 7.7.20.docjn <br />
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