Cities Index.
Att 1 - Lease Amendment

San Mateo City Council
April 1, 2024

Document
Att 1 - Lease Amendment
Meeting
April 1, 2024
Body
San Mateo City Council
Original file
99 KB
Text extracted from the city's file for reading and search. Open the original on sanmateo.primegov.com. That file is the official record.

AMENDMENT OF THE COMMERCIAL PROPERTY LEASE

AGREEMENT AND OPERATING AGREEMENT

BETWEEN THE CITY OF SAN MATEO AND

THE SAN MATEO PUBLIC LIBRARY FOUNDATION

WHEREAS, the City of San Mateo (“City”), a municipal corporation of the State of California, and the San Mateo Public Library Foundation, a California non-profit corporation (“Foundation”), entered into a Commercial Property Lease Agreement and Operating Agreement for space at the San Mateo Main Library (“Lease”) on December 14, 2007;

WHEREAS, the lease was previously extended from December 14, 2008 through March 31, 2024; and

WHEREAS, the City and Foundation wish to amend the Lease to extend its term for one year;

NOW, THEREFORE, the parties agree as follows:

1. Paragraph 1 of the Lease is amended to read:

“The term of this Lease shall be extended through March 31, 2025, unless terminated pursuant to Paragraph 20.”

2. The remaining terms of the Agreement remain in full force and effect.

CITY OF SAN MATEO SAN MATEO PUBLIC LIBRARY

FOUNDATION

_____________________________ ______________________________

_____________________________ ______________________________ (print name) (print name)

Date: _____________________ Date: ____________________

Approved as to form:

______________________________
Assistant City Attorney

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