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84 / , 2011 and ending on seprEn78fn' /5' , 2016, at a total rental of <br /> Thirty Six Thousand Dollars ($36,000.00), payable in monthly installments of Six Hundred co <br /> Dollars ($600) in advance in cash to the Lessor at the Finance Office, City of San Leandro, 835 <br /> E. 14 Street, San Leandro, CA 94577. (510) 577 -3381, starting on seprem aFR 19 , 2011, <br /> and on or before the l day of each month thereafter. Receipt is hereby acknowledged by Lessor <br /> of the sum of Twelve Hundred Dollars ($1,200.00) from the Lessee in payment for the first and G v <br /> last months' rental under this Lease. <br /> Upon expiration of the term, and Lessee's exercise of the option to renew for an <br /> additional five years, the rent amount due shall be subject to an automatic increase of 10 %. In <br /> addition, each year of the renewal term shall also be subject to an automatic 3% rent increase <br /> year on year. There shall be no holding over upon the expiration of the initial lease term. <br /> Lessee's exercise of the option to renew must be in writing forty -five (45) days in advance of the <br /> expiration of the initial lease term. <br /> 3. Permitted Uses. The Leased Premises shall be used during the tenancy hereof <br /> exclusively for the following: screened outdoor storage of construction materials and vehicle <br /> parking. Any change in this use must be approved by the Lessor in advance and in writing. <br /> Leasee shall comply with City ordinances, policies and regulations. All improvements shall be in <br /> accordance with the City's Design Standards, Specifications and Standard Plans unless otherwise <br /> specifically approved by the City Engineer. No work shall be conducted within the public right - <br /> of -way. <br /> 4. Improvements. All fencing and gates shall be screened with fabric fence screen <br /> which shall be installed prior to any outdoor storage activities. All fencing and screening at the <br /> site shall be structurally sound, graffiti -free and well- maintained at all times. Razor wire shall not . <br /> be installed on any fence or gate on the site. <br /> Prior to occupancy of the site, the applicant shall submit for the review of the City of San <br /> Leandro Community Development Director precise details of all signage proposed for the site. <br /> Said details shall include but are not limited to location, color, copy and size (dimensions) of the <br /> signs. No temporary or unauthorized signs, including but not limited to banners, balloons, <br /> streamers and pennants shall be placed on the property. <br /> No improvements shall be placed in, on, or upon the Leased Premises, without the prior written <br /> consent and approval of Lessor, under penalty of forfeiture of this Lease and the payment of <br /> damages by Lessee. <br /> 5. Hazardous Materials. No storage of materials deemed by the Lessor to be a <br /> potential fire or other toxic hazard will be permitted, and the operation and maintenance of the <br /> Leased Premises will be subject to regulation by the Lessor to protect against fire or other hazard <br /> impairing the use, safety, and appearance of the overpass. The occupancy and use of the Leased <br /> Premises shall not be such as will permit hazardous or unreasonably objectionable smoke, fumes, <br /> vapors or odors to rise above the grade line of the overpass. <br /> 2 <br />