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DocuSign Envelope ID' 8A50ED61-27E0-46CA-BE24-7E4E92826BEA
<br />EIGHTH AMENDMENT TO MULTI -TENANT OFFICE LEASE — GROSS
<br />This Eighth Amendment ("Eighth Amendment") to the Multi -Tenant Office Lease -Gross
<br />("Lease"), dated September 15, 2000, is made and entered into this 15th day of January, 2022 by
<br />and between the City of Redlands, a municipal corporation and a general law city ("City"), and
<br />Arrowhead Conferences and Events, Inc., ("Lessee") City and Lessee are sometimes herein
<br />referred to individually as a "Party" and collectively as the "Parties."
<br />RECITALS
<br />WHEREAS, on September 15, 2000, Lessee entered into a Multi -Tenant Office Lease -
<br />Gross with Redlands Community Investment Corporation, a California Corporation for the lease of
<br />approximately 2,556 square feet of space at 300 East State Street, Suite 470, Redlands, California
<br />which was later amended and is presently 240 square feet of space at 300 East State Street, Suite
<br />220; and
<br />WHEREAS, Lessee and Redlands Community Investment Corporation amended that
<br />certain Lease Agreement with the First Amendment dated November 9, 2000, Second Amendment
<br />dated March 13, 2001, Third Amendment dated May 1, 2012, Fourth Amendment dated October 1,
<br />2015, Fifth Amendment dated December 17, 2018 for 423 square feet of space at 300 E. State Street,
<br />Suites 213 and 220, Sixth Amendment dated January 28, 2020, and Seventh Amendment dated
<br />January 14, 2021, for approximately 240 square feet of space at 300 E. State Street, Suite 220, and
<br />WHEREAS, on September 21, 2021, City of Redlands and Redlands Community
<br />Investment Corporation entered into an Assignment and Assumption Agreement, wherein, Redlands
<br />Community Investment Corporation assigned and transferred to City of Redlands all right title and
<br />interest in, to and under the leases for 300 East State Street; and
<br />WHEREAS, it is the desire of the City and Lessee to amend the existing Lease, specifically
<br />with regard to the Lease Term and Base Rent;
<br />NOW, THEREFORE, for good and valuable consideration in the receipt of which is hereby
<br />acknowledge City and Lessee agree as follows
<br />AGREEMENT
<br />Section 1 Paragraph 1.3 of the Lease, entitled "Term" is hereby deleted and replaced withthe
<br />following
<br />"1.3 Term. Eleven (11) months commencing on January 15, 2022 ("Commencement Date")
<br />and ending on December 31, 2022 ("Extension Term") "
<br />Section 2. Paragraph 1 5 of the Lease, entitled "Base Rent" is hereby amended to read as
<br />follows
<br />1
<br />https.//d.does.live.net/8acca9c85718628e/Documents/Redlands Office/Arrowhead Conferences and Events 8th
<br />Amendment to Lease.City 1 15.2022 track changes_city-BS TC accepted for final.docx
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