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8J Consent 2009 0706
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8J Consent 2009 0706
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Last modified
7/6/2009 10:13:41 AM
Creation date
7/6/2009 10:13:39 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
7/6/2009
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PERM
Document Relationships
_CC Agenda 2009 0706
(Reference)
Path:
\City Clerk\City Council\Agenda Packets\2009\Packet 2009 0706
RDA Reso 2009-018
(Reference)
Path:
\City Clerk\City Council\Resolutions\2009
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RECORDING REQUESTED BY <br />AND WHEN RECORDED MAIL TO: <br />Redevelopment Agency of the City of San Leandro <br />835 East 14`~ Street <br />San Leandro, CA 94577 <br />Attention: Executive Director <br />Exempt from Recording Fees per Government Code §§ 6103, <br />27383 <br />Space above this line for Recorder's use. <br />AUTOMALL READER BOARD SIGN <br />MEMORANDUM OF LEASE <br />This Memorandum of Lease ("Memorandum") dated as of , 2009, is <br />entered into by and between the REDEVELOPMENT AGENCY OF THE CITY OF SAN <br />LEANDRO, a public agency ("Landlord"), and the BATARSE FAMILY TRUST, U.T.A. <br />DATED MAY 7, 1987, ANTHONY A. BATARSE, JR., TRUSTEE ("Tenant"). <br />RECITALS <br />A. On or about May 7, 1997, Landlord and Tenant entered into that certain Ground <br />Lease for the Automall Reader Board Sign ("Lease"). On or about June 4, 1997, Landlord and <br />Tenant entered into a First Amendment to the Ground Lease for he Automall Reader Board Sign <br />("First Amendment").On or about December 15, 1997, Landlord and Tenant entered into a <br />Second Amendment to the Ground Lease for Automall Reader Sign Board ("Second <br />Amendment"). On or about June 10, 2002, Landlord and Tenant entered into a Third <br />Amendment to the Ground Lease for Automall Reader Sign Board. On or about <br />2009, Landlord and Tenant entered into a Fourth Amendment to the Ground <br />Lease for Automall Reader Sign Board ("Fourth Amendment"). Pursuant to the Lease and each <br />of the amendments thereto ("Amendments"), Landlord leased to Tenant and Tenant leased from <br />Landlord real property that is more particularly described in the attached Exhibit "A" and <br />incorporated herein by reference ("Premises"). <br />B. Landlord and Tenant desire to execute this Memorandum to provide constructive <br />notice to all third parties of Tenant's rights under the Lease and the Amendments thereto. <br />For good and valuable consideration, the receipt and adequacy of which is hereby <br />acknowledged, Landlord and Tenant agree as follows: <br />1. TERM. Landlord leases the Premises to Tenant for a term of forty (40) <br />years, commencing on June 1, 1997 and ending on June 1, 2037. <br />2. LEASE TERMS. The lease of the Premises to Tenant is pursuant to the <br />Lease and the Amendments thereto, all of which are incorporated in this Memorandum by <br />reference. <br />LEASEHOLD DEEDS OF TRUST. Landlord agrees to allow Tenant <br />i25i263.i <br />
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