FIRST AMENDMENT TO LEASE AGREEMENT
BY AND BETWEEN
THE CITY OF RIVERSIDE AND COUNTY OF RIVERSIDE
This FIRST AMENDMENT TO LEASE AGREEMENT (*First Amendment"), is made and entered into this - 2024, by and between the CITY OF RIVERSIDE, a California charter city and municipal corporation ("City"), and COUNTY OF RIVERSIDE, a political subdivision of the State of California ("Lessee"), with respect to the following facts:
RECITALS
WHEREAS, on October 19, 2023, City and Lessee entered into that certain Lease Agreement ("Lease") with the County of Riverside for the property located at 7801 Gramercy Place, Suite C (Arlanza Youth and Family Resource Center); and WHEREAS, Paragraph 2 of the Lease states that the Lessee has four (4) options to extend the Lease Term, with each extension lasting one (1) year; and WHEREAS, on February 14, 2024, Lessee exercised its first option to extend the Term of the Lease, beginning September 1, 2024, and ending August 31, 2025; and WHEREAS, Paragraph 4 of the Lease states that effective with the first option to extend the Lease term, the rent shall be increased with that option to the amount of Six Thousand Six Hundred Five Dollars and Seventeen Cents ($6,605.17) per month, from September 1, 2024, through August 31, 2025; and
WHEREAS, the parties desire to amend the Lease to memorialize the exercising of the first option and rental amount.
NOW, THEREFORE, in consideration of the foregoing recitals, which are incorporated herein by this reference, City and Lessee agree as follows:
Per Paragraph 2 of the Lease, on February 14, 2024, Lessee exercised its option to extend the term of the Lease for the one-year period beginning September 1, 2024, and ending August 31, 2025 ("Extended Term").
Per Paragraph 4 of the Lease, City and Lessee hereby agree that Lessee shall pay City the following monthly rent for the leased Premises payable in advance on the first day of the month: Six Thousand Six Hundred Five Dollars and Seventeen Cents ($6,605.17).
Il terms and conditions of the Lease not inconsistent with this First Amendme hall remain in full force and effect and are incorporated herein by this reference as if set forth [SIGNATURES ON FOLLOWING PAGE.]
1 IN WITNESS WHEREOF, the City and Lessee have caused this First Amendment to be duly executed on the day and year first above written.
CITY OF RIVERSIDE, COUNTY OF RIVERSIDE, a political
a California charter city and municipal subdivision of the State of California corporation
By:_ By:_
City Manager Name: Rose Salgado
Title: Director Facilities Management
ATTESTED TO:
APPROVED AS TO FORM:
Minh C. Tran
By:_ County Counsel
City Clerk
Ville.
By:_
APPROVED AS TO FORM: Name: Ryan Yabko
Title: Deputy County Counsel
By: 7
Deputy City Attorney
23-0720 2 TAT 4/29/24
2