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Fourth Amendment Betty Auton Beck 300 State Street Suite 600
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189C-2022
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Contracts & Agreements_189C-2022
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Last modified
11/3/2022 1:58:03 PM
Creation date
11/3/2022 1:57:58 PM
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Contracts & Agreements
Subject
Lease Agreement
Details
Fourth Amendment Betty Auton Beck 300 State Street Suite 600
Date
9/15/2022
Document Number
189C-2022
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FOURTH AMENDMENT TO MULTI -TENANT OFFICE LEASE — GROSS <br />This Fourth Amendment ("Fourth Amendment") to the Multi -Tenant Office Lease -Gross <br />("Lease"), dated September 3, 2009, is made and entered into this 15th day of September, 2022 <br />by and between the City of Redlands, a municipal corporation and a general law city ("City"), <br />and Betty Auton-Beck, a Professional Law Corporation ("Lessee"). City and Lessee are <br />sometimes herein referred to individually as a "Party" and collectively as the "Parties." <br />RECITALS <br />WHEREAS, on September 3, 2009, Lessee entered into a Multi -Tenant Office Lease - <br />Gross with Redlands Community Investment Corporation, a California Corporation for the lease <br />of approximately 2,577 square feet of space at 300 East State Street, Suite 600, Redlands, <br />California; and <br />WHEREAS, Lessee and Redlands Community Investment Corporation amended that <br />certain Lease Agreement with the First Addendum dated September 3, 2009, Second Addendum <br />dated January 27, 2011, Third Addendum dated August 25, 2011, Fourth Addendum dated <br />November 7, 2012, Fifth Addendum dated April 29, 2013, First Amendment dated October 1, <br />2013, Second Amendment dated November 19, 2013, and Third Amendment dated August 30, <br />2019; and <br />WHEREAS, on September 21, 2021, City of Redlands and Redlands Community <br />Investment Corporation entered into an Assignment and Assumption Agreement, wherein, <br />Redlands Community Investment Corporation assigned and transferred to City of Redlands all <br />right title and 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, <br />specifically with regard to the Lease Term and Base Rent; <br />NOW, THEREFORE, for good and valuable consideration in the receipt of which is <br />hereby 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 <br />with the following: <br />"1.3 Term. Eleven (11) months commencing on February 1, 2023 ("Commencement <br />Date") and ending on December 31, 2023 ("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 />C:\Users\Istinson\AppData\Local\Microsoft\Windows\INetCache\Content.Outlook\56AQMX2Y\Betty <br />Auton Beck Ste 600 -4th Amendment to Lease.City.2022.docx <br />
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