1 FOURTH AMENDMENT TO LEASE AGREEMENT
This FOURTH AMENDMENT TO LEASE AGREEMENT (this “Fourth Amendment”) is made and entered into for reference purposes as of the ___ _ day of ___ ___________, 2025 by and between PLACENTIA -YORBA LINDA UNIFIED SCHOOL DISTRICT (hereinafter referred to as “LESSOR”) and CITY OF ANAHEIM (hereinafter referred to as LESSEE”).
RECITALS
WHEREAS, the parties hereto entered into a Lease agreement on May 25, 1975 (“Lease”), whereby LESSEE did lease from LESSOR approximately 7.85 acres of real property adjacent to Rio Vista School for use by LESSEE as a public park and playground , as further delineated in Exhibit “A-1” attached hereto and incorporated herein by reference; and WHEREAS, the Lease agreement has been amended on three separate occasions because of public school’s needs, reducing the land being leased by the City to 5.72 acres and exercising the option to extend the lease term by 25 years; and
WHEREAS, the City has made a request to extend the term of the Lease for an additional 25 years, with a new termination date of July 25, 2050; and WHEREAS, the Lease contains a “r ight to terminate” clause that the LESSOR may exercise “whenever it becomes necessary to use the land hereinabove described for more necessary school purposes;” and
WHEREAS, the district does not currently have a “more necessary school purpose” for the 5.72 acres of land adjacent to Rio Vista Elementary School; and WHEREAS, in consideration of the leas e the City of Anaheim has made improvements to and maintains the park; and
WHEREAS, LESSOR and LESSEE desire to amend the term of the Lease.
NOW THEREFORE, f or good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, Landlord and Lessee hereby amend the Lease as follows:
1. Term of the Lease. The parties agree that the Term of the Lease shall be extended for an additional twenty-five (25) years, expiring on midnight on July 25, 2050.
2. Miscellaneous. Except as otherwise expressly amended, modifie d and provided for in this Fourth Amendment, Lessor and Lessee hereby ratify all of the provisions, covenant s and conditions of the Lease, and such provisions, covenants and conditions shall be deemed to be incorporated herein and made a part hereof and shall continue in full force and effect. This Fourth Amendment may be executed simultaneous ly in two or more counterparts each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.
2 3. LESSOR and LESSOR’s signators represent that the signators hold the positions set forth below their signatures and that the signators are authorized to execute this Fourth Amendment to Agreement on behalf of LESSEE and to bind LESSEE hereto.
4. This Fourth Amendment to the Agreement shall be effective on the date on which this Agreement is executed by LESSEE.
[Signatures Appear on Following Page]
3 CITY OF ANAHEIM,
a municipal corporation
“LESSEE”
By:
Name: Date
Its:
PLACENTIA-YORBA LINDA UNIFIED SCHOOL
DISTRICT
“LESSOR”
By:
Name: Date
Title:
ATTEST:
Theresa Bass,
City Clerk
APPROVED AS TO FORM:
ROBERT FABELA, CITY ATTORNEY
By:
Bryn M. Morley
Deputy City Attorney
Date:
154966
4319
Rio Vista
Park
Map Location
City of Anaheim
GIS Central
June 04, 2025
Placentia-Yorba
Linda U.S.D
Key Features
School District
Land Lease
5.72 Acres
°
0 75 150
Feet
Total Park: 9.61
City of Anaheim Lease Land
School District
Land lease: 5.72
Exhibit A-1
City Park
City Park: 3.89
City Park
3.89 Acres