My WebLink
|
Help
|
About
|
Sign Out
Home
Reso 1998-026 to 030
CityHall
>
City Clerk
>
City Council
>
Resolutions
>
1998
>
Reso 1998-026 to 030
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
7/14/2022 4:37:44 PM
Creation date
7/14/2022 4:22:33 PM
Metadata
Fields
Template:
CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Resolution
Document Date (6)
12/31/1998
Retention
PERM
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
196
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
reasonable time during normal business hours and with reasonable notice, examine, copy, <br />and/or audit (or cause to be examined and audited by the City Auditor or by an independent <br />certified public accountant selected by Landlord) such records and books of account of <br />Tenant. Tenant shall reasonably cooperate with any audit so conducted by Landlord. If such <br />an audit discloses an underpayment of Percentage Rent, unless Tenant disputes the results of <br />such audit (in which event the dispute will be resolved pursuant to Article XXI, infra <br />Tenant will, within thirty (30) days after receiving Landlord's statement therefor, pay the <br />same to Landlord. If such an audit discloses an overpayment of Percentage Rent, Tenant <br />may deduct such sum from the next Percentage Rent due hereunder, unless the amount to be <br />credited exceeds all remaining Percentage Rent due hereunder, in which event the excess <br />remaining after applying the credit shall be refunded to Tenant within thirty (30) days after <br />Landlord's audit. Any such audit shall be conducted at Landlord's cost and expense, except <br />that if any audit discloses an underpayment of Percentage Rent of three percent Q %) or <br />more, Tenant shall pay for the reasonable cost of Landlord's audit. <br />Section 3.4 Adjustment to Percentage Rent During Extension Terms <br />A. Option. If Tenant exercises any of its options to renew under Section <br />2.3, Percentage Rent shall be adjusted for each Extension Term to Fair Market Rental. <br />B. Fair Market Rental. <br />(i) Fair Market Rental, consisting of a new Percentage Rent rate as of the <br />commencement of each Extension Term, shall be determined by Landlord with written notice <br />thereof (the "Rental Notice") given to Tenant not later than thirty (30) days after Landlord's <br />LEASE BETWEEN CITY OF SAN LEANDRO <br />AND SAN FRANCISCO BAY CONFERENCE RESORT PAGE 18 <br />2574001\313983.8 <br />
The URL can be used to link to this page
Your browser does not support the video tag.