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HomeMy WebLinkAboutC-3018(B) - Balboa Boulevard East, 600 - MOL 2015RECORDING REQUESTED AND WHEN RECORDED RETURN TO: Office of the City Clerk City of Newport Beach 100 Civic Center Drive Newport Beach, CA 92660 Recorded in Official Records, Orange County Hugh Nguyen, Clerk -Recorder 110111 11 11 1111 1111 I II NO FEE *$ R 0 0 0 8 1 8 5 1 9 9$* 2016000083006 2:02 pm 02129116 276 409 M11 F13 8 0.00 0.00 0.00 0.00 21.00 0.00 0.00 0.00 [Exempt from Recordation Fee - Govt. Code Sec. 6103] MEMORANDUM OF LEASE AGREEMENT WITH OPTIONS FOR RENEWAL This Memorandum of Lease Agreement With Options for Renewal ("Memorandum") is dated DeLeivaloWlco, 2015 , and is made between City of Newport Beach, a California municipal corporation and charter city ("Lessor" or "City") and Wells Fargo Bank, National Association, a California limited liability company ("Lessee"), concerning the Premises described in Exhibit "A," attached hereto and by this reference made a part hereof. For good and adequate consideration, Lessor leases the Premises to Lessee, and Lessee hires them from Lessor, for the term and on the provisions contained in the Agreement datedUttmlo Vito , 20 15 , including without limitation provisions prohibiting assignment, subleasing, and encumbering said leasehold without the express written consent of Lessor in each instance, all as more specifically set forth in said Agreement, which said Agreement is incorporated in this Memorandum by this reference. The term is five (5) years, beginning 1-0,,VI 1 , 2016, and ending ojAu \ , 2021, and three (3) additional succe "Renewal Terms" of five (5) years each. This Memorandum is not a complete summary of the Agreement. Provisions in this Memorandum shall not be used in interpreting the Agreement's provisions. In the event of conflict between this Memorandum and other parts of the Agreement, the other parts shall control. Execution hereof constitutes execution of the Agreement itself. [Signatures on the next page] LESSOR LESSEE City of Newport Beach, a municipal Wells Fargo Bank, National Association, corporation a Dave KiIT Name: City Manager Title: Name: Title: ATTEST: Leilani : rown City Clerk APPROVED AS TO FORM: Aaron C. arp urns olobc- City Attorney c LORI C. WRIGHT LEASE NEGOTIATOR BROOKE WOLFORD VICE PRESIDENT JO [NOTE: Attach Exhibit A from Agreement as Exhibit to this Memorandum behind attached Notary form] NOTARY ACKNOWLEDGMENT A notary public or other officer completing this certificate verifies only the identity of th individual who signed the document to which this certificate is ched, and not the truthfulness, accuracy, or validity of that ocument. State of California ) County of ORANGE) On appeared satisfactory evidence to be the person wh• se name is subscribed to the within instrument and acknowledged to me that he executed the s. q e in his authorized capacity(ies), and that by his signature on the instrument the person, or the tity upon behalf of which the person(s) a ted, executed the instrument. I certify under PENALTY OF PERJURY under the la s of the State of California that the forego& paragraph is true and correct. WITNESS my hand and official seal. Signature before me, , Notary Public, personally , who proved to me on the basis of (Seal) NOTARY ACKNOWLEDGMENT A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. State of California ) County of ORANGE) On .' i-W ui-AP-t 5 Z°' �� before me,J c(viv1 2 i11)tv�`l, Notary Public, personally appeared C7+1J 7 K.1 who proved to me on the basis of satisfactory evidence to be the person whose name is subscribed to the within instrument and acknowledged to me that s/he executed the same in his/leer authorized capacity(ies), and that by his/her signature on the instrument the person, or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. Signaturg' Seal) JENNIFER ANN MULVEY tCommission # 2045022 •- Notary Public - California z I �`�' '' Orange County MM Comm. Exeires Oc 12`20174 Title or Type of Document: CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT CIVIL CODE § 1189 A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. State of California /J County of .l O,5 �2 i 6 c L F On / /6 .2G /5- before me, Date personally appeared rem,, ,Zosw Vic 11/.9771gY m rc /r Here Insert Name and Title of the Officer LoRi (%Ridj/T 9 /`%Dore f,(�oLFo2-d Name° of Signer who proved to me on the basis of satisfactory evidence to be the person s whose nameg subscribed to the within instrument and acknowledged to me that - - - - :1(! executed the same in 4:144 their authorized capacity, and that byby-Ii46-114efrtheiPsignature0 on the instrument the person®, or the entity upon behalf of which the person() acted, executed the instrument. J1111111111111111111111111111111111111. MARIA WISA ROCA p'-i W • COMM. #2115708 NOTARY PUBLIC •CALIFORNIA 11 • LDS ANGELESCOUNTY • r r r /Ay Commission Expires 08/15/2019 r 711/1111111/11111111111/IIi111111i111P Place Notaty Seal Above I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. Signature _����'Cl�� OPTIONAL Signature of Notary Public Though this section is optional, completing this information can deter alteration of the document or fraudulent reattachment of this form to an unintended . ; ment. Description of Attached Document ate: Doc Number of Pages: Signer(s) Other Than Capacity(ies) Claimed by Signer(s) Signer's Name: J Corporate Officer — Title(s): H Partner — ❑ Limited ❑ General 1 Individual E Attorney in Fact Trustee ❑ Guardian or C. servator Other: Signer Is Representing: 0.--4',6'd6SS6W4'd4v 'm6'4.76'ef6StOvZ4�gU'4W 4\,4� Named Abo • ner's Name: Corporate Officer — Title(s): ❑ Partner — ❑ Limited 1J General ❑ Individual ❑ Attorney in Fact ❑ Trustee ❑ Guardian or Conservator Other: Signer Is Representing: ©2014 National Notary Association • www.NationalNotary.org • 1-800-US NOTARY (1-800-876-6827) Item #5907 EXHIBIT "A" PROPERTY AND PREMISES DEPICTION EXHIBIT A-1 1,1 Newport Beach GIS 0 0 1,000 2,000 Feet Back Bay Yew Park BAY FRONTALLEY N BAL.BOA AVE (G- PARK lAVE RAY FRONT ALLEY S SAY FRONTS' " '- t"' Disclaimer: Every reasonable effort has been made to assure the accuracy of the data provided, however, The City of Newport Beach and its employees and agents disclaim any and all responsibility from or relating to any results obtained in its use. Imagery: 2009-2013 photos provided by Eagle Imaging www.eagleaerial.com 12/3/2014 EXHIBIT A-2 Oco cb \ 0C i /�``Q, b, 105 h ,,IV, -^w„ 44;h r01 z. Newport Beach GIS 0 0 100 200 Feet Disclaimer: Every reasonable effort has been made to assure the accuracy of the data provided, however, The City of Newport Beach and its employees and agents disclaim any and all responsibility from or relating to any results obtained in its use. Imagery: 2009-2013 photos provided by Eagle Imaging www.eagleaerial.com 12/3/2014 EXHIBIT A-3 Newport Beach GIS 0 0 20 40 Feet Disclaimer: Every reasonable effort has been made to assure the accuracy of the data provided, however, The City of Newport Beach and its employees and agents disclaim any and all responsibility from or relating to any results obtained in its use. Imagery: 2009-2013 photos provided by Eagle Imaging www.eagleaerial.com 12/3/2014