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03-20-2012 CC RPT 27
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3/15/2012 1:03:26 PM
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03-20-2012 CC AGENDA
(Superseded by)
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\City Council Agendas\2010-2019\2012
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Second Amendment to Lease for 2800 Hulen Place ' Page 2 <br />Amendment to Lease to extend the term of the lease agreement for an additional three (3 years) <br />with the following rent structure: <br />Monthly Payment Year <br />$8,424.00 February 1, 2012 to January 31, 2013, February 1, 2013 to January 31, 2014 <br />$8,676.72 February 1, 2014 to January 31, 2015. <br />FISCAL IMPACT: <br />Acceptance of this amendment to the lease agreement for 2800 Hulen Place will result in an <br />annual rent payment of $101,088 for the first two years and $104,120.64 in the third year. <br />Prepared by: Emilio Ramirez, Development Director <br />Certified as to <br />availability of fund: Brent A. Mason, Finance Director /Treasurer <br />Approved by: Deanna Lorson, Assistant City Manager <br />for Scott Barber, Interim City Manager <br />Approved as to form: Gregory P. Priamos, City Attorney <br />Attachments: Exhibit A — Second Amendment to Lease <br />27 -2 <br />
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