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HomeMy WebLinkAboutC-1669 - Pacific Coast Highway City parking lot leasePURCHASE ORDER No. INVrO :NEWPORT BED �EA 3300 NEWPORT BOULEVARD NEWPORT BEACH, CALIFORNIA 92660 PHONE: (714) 67W] VENDOR (34 ,C State of California .T3e}tit of Transportati- on Dist 7, P. L. Box 2304 Los il�ngeles, Ca. 9, 5l1 22, 1 MESS OTHERWISE NOTED) IMPORTANT CITY Of NEWPORT BEACH The Articles covered by this Purchase Order or Contract must con- ' 021410118 16bO.O0 form with the Safety Orders of the State of California, Division of Industrial Safety. Show as a separate item any retail sales tax. use tax or Federal tax applicable to this purchase. This order subject to California sales tax. D. W. MEAN All allowable transportation charges must be prepaid and shown as a separate item on the invoice. Do not include Federal transports- .41URCHASMG. AGENT tion tax. KPART" M 4 { i CITY OF NEWPORT BEACH CALIFORNIA City Hall 3300 W. Newport Blvd. Area Code 714 673 -2110 DA'L'E October 18, 1974 TO: FINANCE DIRECTOR FROM: City Clerk SUBJECT: Contract No. 1669 Description of Contract Lease for Pacific Coast Highway City Parking Lot Authorized by Resolution No. 6356 , adopted on 9 -30 -74 Effective date of Contract Anattst 16, 1974 Contract with State of CaliforaiA Department of Traasportatton Address Digit 7� P_ A_ Sate 2304 Los Angeles . CA 90054 Amount of Contract see lasse 4 Yswowbosast qty am Now #on Aw 414 NAMPONS lmwmaft* calitearnta un zamv on" this Mh day at 4wats 19740 at Los kwisso California,, by and betwoft the OM OF 6 A Department of Transportation, herebWt49! *SjUd Lessor, and City at Newport Smak, California. WIT Nit til 1 That the Lessor, In 66"IderStleft of the payment of the Pont herelmartor specified to be V&M by the Losmww 04 the covenants and agreements herein omtabWd,, 4004 hereby lft"* 6ML"* and let Rate z4afte that eartaft vasant property is the city of Set ort lea"A Mto of California, the address or which, is northwest corner Coast lighWay and V&Vp*Vt SMISYS" AM Apgally 460arlbod as folloVal "at eertaft vacant lam ams"u" of 5,6 ones* more or loss, loosted at the AwtMOeSt comer at Coast Rl=SM%d Newport DCUUTOZ40 city of xavpm, t ' t County of orww* state at ft"S evulam as outlined In rod an the map &itaohed and N040 a part herwor.lueludlag Improv"Onts# if My* This shall be a firm 1"" for a Pori" or six (6) "at", At the *ad of six Wafta l9bru"y 98* 19MO. the rental late UAU be 80jeet, to renegotiation and the 60-day cam"Ustion eUmse shall became effective. fte Lease* as havelmatter set forth ULU pay in UwM money of the VAJ.t*d States, monthly UstsUamt of $280*00 In advances an the first day of *ask amths excepting that re4elpt Is hereby askowledcod (1) I � by the Lessor of the sum of [!'@0 Prom the Lessees in payment of the first and last months' rental under this Lease. All rental payments shall be delivered to the office of the 8eparbsent of Transportation, flight of Vey RentaUs at la0 South Spring Street, Los An"]^ California, 900120 She herein-described property is net, at this date, being used for State highway purposes within the meaning of section 104.6, streets and Highways Code, Lessee hereby covenants aewt agrees as follexss (1) To use the property for the following purposes only$ PV2*ing Lot (Q) To pay Lessor said rent as he"Imbove provided, and in addition thereto, to pays when dues all water, eleetrios ass and other lighting, heating and porter rents and sharges aacruing or payable in connection with said property during the term Of this Leasef and to permit Lessor or its agents to enter said property at any reasonable time to inspect the sense. (3) Lessee recognises and understands in accepting this Lease that his interest therein may be subject to a possible Possessory Interest Tax that the Cityror County may impose on such interests MA that such tax payments shall not reduce any rent due the State hereunder and any such tax shall be the liability of and be paid by the Lessee. (Q ) I (4) Not to align or sublet this Lease, 'Rd not to make or 1 suffer any alteration to be made in or on said property, without the written consent of the Lessor. Lessee further agrees to comply with all State laws and local ordinances concerning said property and the use thereof, not to use or permit the use of said property for any illegal or immoral purposes. (5) Lessee agrees not to commit, suffer or permit any waste on said property and further agrees that said premises shall be maintained in a manner commensurate with .privately owned properties in the neighborhood. i (6) The Lessor shall be the sole judge as to the amou.rt and extent of maintenance work to be performed and the compliance by the Lessee pursuant to notice given to perform such work. (7) This Lease shall be subject to cancellation and termination by either party at any time during the term hereof by giving the other party notice in writing at least :_ 4V+W ( 60) days next prior to the date when such termination shall become effective. In the event of such termination, any unearned rental paid,by the Lessee shall be returned to Lessee. The Lessee agrees to permit the Lessor reasonable access to show the property to prospective lessees within sixty (60) days.prior to'the termination of the Lease. (8) All notices herein provided to be given, or which may be given, by either party to the other, shall be deemed to have been fully given when served personally on Lessor or Lessee, or when made in writing and deposited in the United States mail, certified and postage prepaid, and addressed to the Lessee at address above stated iand to Lessor, c /Aepartment of Transportatio, Box 2304, Terminal Annex, Los Angeles, California 90051. The address to which the notices shall or may be mailed as aforesaid to either party shall or I. may be changed by written notice given by such party to the other, as hereinbefore provided, but nothing herein contained shall preclude the giving of any such notice by personal service. (9) To pay Lessor all costs and expenses, including attorney's fees in a reasonable sum, in any action brought by Lessor to recover any rent due and unpaid hereunder, or for the breach of any of the covenants or agreements contained in the Lease, or to recover posses- sion of said property, whether such action progresses to judgment or not. (10) If any rent shall be due and unpaid, or if default shall be made in any of the covenants or agreements on the part of the Lessee contained in this Lease, Lessor may, at its option, at any time after such default or breach, and without any demand on or notice to Lessee or to any other person, of any kind whatsoever, re -enter and take possession of said property and remove all persons therefrom, and Lessee waives any legal remedy to defeat Lessor's rights and Possession hereunder. (11) At the expiration of said term, or any sooner termination Of this Lease, to quit and surrender possession of said property and its appurtenances to the Lessor in as good order and condition as the property was delivered to the undersigned Lessee, or the condition following performance of maintenance work as required by the Terms of Auction or the Lessor, reasonable wear and tear and damage by the elements and other casualties excepted. 7- RAR -62 -4 July 73 REV. (4) (12) Lessee shall not assign, sublet or otherwise transfer this Lease or any portion thereof and any attempt to do so shall be voidable and of no effect for any purpose and shall furnish grounds for immediate termination of this Lease. No holding over by Lessee shall operate to renew this Lease without the written consent of the Lessor endorsed thereon. Should the Lessee hold over after the expiration of the term of this Lease, with the consent of the Lessor, expressed or implied, said tenancy shall be deemed to be a tenancy only from month to month, subject otherwise to all of the terms and conditions of this Lease so far as applicable. (13) In the event there is any prior existing Lease or Rental Agreement between Lessee and the State, or its predecessor in Interest, covering the subject property, it is agreed and understood that this Lease shall cancel and terminate said prior Lease or Rental Agreement as of the effective date of this Lease. (14) That this Lease is made upon the express condition that the State of California, its officers, agents and employees are to be free from all liability and claim for damage by reason of any injury to any person or persons, including Lessee, or property of any kind whatsoever and to whomsoever belonging, including Lessee, from any cause or causes whatsoever while in, upon, or in any way connected with the said leased premises or the sidewalks adjacent thereto during the term of this Lease or any extension hereof or any occupancy hereunder, Lessee hereby covenanting and agreeing to in- demnify and save harmless the State of California, its officers, agents and employees from all liability, loss, cost and obligations 7- RAR -62 -5 (5) July 73 REV. on account of or aking out of any such inju*es or losses however occurring. (15) Lessor will not keep said property insured against fire or any other insurable risk, and Lessee will make no claim of any nature against Lessor by reason of any damage to said property in the event i same is damaged or destroyed by fire or by any other cause. (16) The Lessee shall, at his own expense, take out and keep in force during the within tenancy (a) public liability insurance, in a company or companies to be approved by the Lessor, to protect against any liability to the public incident to the use of, or resulting from injury to, or death of, any person occurring in, or about, the demised premises, in an amount of not less than $100,000.00 to indemnify against the claim of one person, and in an amount of not.less than $200,000.00 against the claims of two or more persons resulting from any one accident, and (b) property damage or other insurance in a company or I companies to be approved by the Lessor, to protect Lessor, its officers, agents and employees, against any and every liability incident to the use of or resulting from any and every cause occurring in, or about, the demised premises, including any and all liability of the Lessor for damage to vehicles parked on the demised premises, in an amount of not less than $50,000.00. Said policies shall inure to the contingent liabilities, if any, of the Lessor and the officers, agents and employees of Lessor and shall obligate the insurance i carriers to notify.Lessor, in writing, not less than fifteen (15) days prior to the cancellation thereof, or any other change affecting the coverage of the policies. If said policies contain any exclusion concerning property in the care, custody, or control of the insured, 7- RAR -62 -6 (6) July 73 REV. an endorsement shall be attached thereto stating that exclusion shall not apply with regard to any liability to the State of California, its officers, agents or employees. Lessee shall furnish to Lessor a certified copy of each and every such policy within not more than ten (10) days after the effective date of the policy. Lessee agrees that, if he does not keep such insurance in full force and effect, Lessor may take out insurance and pay the premiums thereon, and the repayment thereof shall be deemed to be additional rental and payable as such on the next day upon which rent becomes due hereunder. (17) The Lessee, for himself, his personal representatives, successors in interest, and assigns, as a part of the consideration thereof, does hereby covenant and agree as a covenant running wii:h the land that (a) no person, on the grounds of race, color, or national origin shall be excluded from participation in, be denied the benefits of, or be otherwise subject to discrimination in the use of said facilities, (b) that in connection with the construction of any improvements on said lands and the furnishing of services thereon, no discrimination shall be practiced in the selection of employees and contractors, by contractors in the selection and retention of first- tier subcontractors, and by first -tier subcontractors in the selection and retention of second -tier subcontractors, (c) that such discrimina- tion shall not be practiced against the public in their access to and use of the facilities and services provided for public accommodations, such as eating, sleeping, rest, recreation, and vehicle servicing, constructed or operated on, over, or under the space of the right of way, and (d) that the Lessee shall use the premises in compliance with all other requirements imposed pursuant to Title 159 Code of Federal Regulations, Commerce and Foreign Trade, Subtitle A, Office of the 7- RAR -62 -7 (7) July 73 REV. 0 tl*eretary eat ®*amerce, Put _ ., (13' Cna tart 8), ivad as sale mcuuti4es may be amended. (18) ` phat $a the event of brlij4h of any of the above soa» discrimination o0vonants, the bssor ahall have the sight to terminate the Lease and to ra•enter and Vepoas*as said land and the racilities thereon, and hold the same to it *aid bass* had never been made or Issued. #10a shall be deposited with the State of dttliforniir, Iispartm *nt of Trans" on, as security for the removal of try improvsatatats Installed by the reigned less**, oonsisting of feneinga electric light poles and b1a *keep Icing, and any am all other temporary improvements plaeed eat subject party, deed iatprOalta are to be made at the Lessee's sole espn it is ftther wmlerstood and agreed that the above referred to temporaar ?NkWmwsats are to be removed at Lassoa's sole expense an or before the to losses vacates the property. 'X'he property Will be left in the seas* oondi as existed prior to the time the temporary improv vents worn placed on PPoperty* Anything heratn eeatalned to the oontrary notwithstanding, this Soma" my be.t*raI ateda and the provisions of this Lease may be, in writing, altered, *hanged or amended by mutual consent of the parties hereto. (a) F. wmmn vunw* wo pwous boom have set twir hwaft a" m" the day and year in tus, sdo rumt above Witt=* APPROVED AS TO FORM D" C,';., I A, T y Up palw* w,-7A- ZLI Ulf, M-M O O A 01 Sd o. _ � N v D 3 W tIrn y �rn i A � N l N 4 CD �(D � !(JT l►1 N r 0 r 3 w v P. -1 V!. L N- J rq i T¢ I o, M f f f� 1� r r N N� J ,o a 1� a IWAF F s m� ' O Pl P� N IM t Lin t9 � I Lyyyy Y 1 (� �f "- O O A 01 Sd o. _ � N v D 3 W tIrn y �rn i A � N l N 4 CD �(D � !(JT l►1 N r 0 r 3 w v P. -1 V!. L N- J rq i T¢ I o, M f f f� 1� r r N N� J ,o a 1� a IWAF F s m� ' O Pl P� N .✓ tlul LM 1111 .. ,+ v ti C` N i 4 CY I/� I ' 4�L• �\ ��� ?360 / i n� •`�I L 1 i ; 1 300,3011 E 738 +02.45 V—V, IM Lin t9 � I 2 .✓ tlul LM 1111 .. ,+ v ti C` N i 4 CY I/� I ' 4�L• �\ ��� ?360 / i n� •`�I L 1 i ; 1 300,3011 E 738 +02.45 V—V, October S. 1974 State of California Department of Transportation District 7, P. O. Box 2304 Lo• Angeles, CA 90054 Attention: Roger E., Williams, Senior Right of Way Agent Subject: 07- Ors -1 -0.3 Account 36741 - 001 -02 Northwest Corner of Coast Highway aad Newport Boulevard Pacific Coast Highway City Parking Lot Lease C -1669 Enclosed are the fully executed and two copies of subject lease agreement. Please initial the deletion of paragraph 19 on page g. The Mayor and the City Manager have already initialed the deletion. Please return a copy of the initialed agreement to this office. Laura Lagios, CMC City Clerk LL:swk CDC. ti CITY OF NEWPORT BEACH MEMORANDUM: From DENNIS D. O'NEIL City Attorney To LAURA ............................................. Oober 2 74 19..... . City Clerk Laura: I have signed the Lease Agreement "Approved As To Form ". Please obtain the Mayor's signature and also initial on the paragraph which.has been deleted on page 8. Thereafter,, forward to the Department of Transporta- tion with the instruction that their authorized agents.should also initial the deleted paragraph on page 8. The Certificate of Insurance should be transmitted to Bob Milum, our insurance agent, for signature, after which you can mail it to the Department of Transportation. DDO/bC DENNIS D. O'NEIL Attachments Reply wanted Reply not necessary ❑ 8y ...... ............................... October 7, 1974 Mr. Bob Milum Milum /Garvey Insurance Brokers 1617 Westcliff Drive, Suite 204 Newport Beach, CA 92660 Enclosed is the original and one copy of the Certificate of Insurance in connection with the Pacific Coast Highway City Parking Lot (formerly the Hoag Hospital's temporary parking lot), which the City is leasing from the State. Please fill out the Certificates and return them to me. I will then forward the original to the Department of Transport- ation. Laura Lagios, CMC City Clerk LL: *wk enc. r- v(- Ora -1 -0.3 ..t 0med ` Account 36741- 001 -02 ' ured No west corner of Coast HighwcI an ewoort Blvd, CERTIFICATE OF INS ANCE FOR LEASE OF STATE -OWNED PROPER -TY This is to certify that the (Name at ompany Of (Address of Company) Has issued to (Name of nsure ) (Xddress of nsure the policy of General Liability Insurance herein described, which by the attachment of the State -Owned Property Endorsement hasbeenchanged in accordance with the terms of the Endorsement. Coverages and limits of liability under the policy are not less than:. Bodily Injury $100,000 each person $200,000 each occurrence Property Damage $50,000 each person $50,000 each occurrence STATE -OWNED PROPERTY ENDORSEMENT This endorsement is attached to the policy described herein to assure compliance by the named insured with the terms and provisions of the lease for rental agreement) entered into between the insured as Lessee and the State of California as Lessor. The Company amends the policy described herein as follows: 1. If the policy is canceled or changed so as to affect the coverages, .at least fifteen (15) days' prior written noticeof such cancellation or change will be sentto the Lessor State of California at the following address: Box 2304 Terminal Annex, Los Angeles, California 90054 4 2. If the policy contains any clause excluding coverage as to property in the care, custody or control of the in- sured, such clause shall not apply with regard to any liability of the State of California, its officers, agents, or employees. 3. The Lessor State of California, its officers, agents, and employees are hereby declared to be additional in- sureds inthe policy described insofar as they may be held liable for injuries, deaths, or damage to property oc- curing in or about the leased premises. This endorsement, countersigned by an authorized representative of the Company, becomes applicable endorsement number _ _ _ i. Effective Date of Policy: Expiration Date of Policy: Dated: Name of Agent or Broker: Address of Agent or Broker: 19—at y I ate) By ( Authorized Representative) INSURANCE REQUIREMENT Lessee shall, at his own expense, takeout and keep in force during the within tenancy; (a) public liability insur- ance, in a company or companies to be approved by the Lessor, to protect the State of California, Its officers, agents and employees against any liability to the public incident to the use of, or resulting from injury to, or death of, any person occuring in, or about the demised premises, in the amount of not less than $100,000.00 to indemnity against the claim of one person, and in the amount of not less than $200,000.00, 'against the claimsof two or more persons resulting from anyone accident;and,(b) property damage or other insurance in a company or companies to be approved by the Lessor, to protect Lessor, its officers, agents and employees, against any and every liability incident to the use of or resulting from any and every cause occuring in, or about the demised premises, including any and all liability of the'Lessorfor damage to vehicles parked on the demised premises, in the amountof not less than $50,000.00. Said policiesshall inure to the contingent liabilities, if any, of the Lessor, and the officers, agents and employees of Lessor and shall obligate the insurance carriers to notify Lessor, in . writing, not less than fifteen (15) days prior to the cancellation thereof, or any other changes affecting the cov- erage of the policies. If said policies contain any exclusion concerning property in the care, custody or control of the insured, an endorsement shall be attached thereto stating that such exclusion shall not apply with regard to any liability of the State of California, its officers, agents or employees. Lessee shall furnish as proof of public liability insurance, a fully executed copy of State.form, "Certificate of Insurance" and "State -Owned Property Endorsement" not more than 10 days after the effective date of the insurance policy. Lesseeagrees that, If Lessee does not keep such insurance in full force and effect, Lessor may take out insurance. and pay the premiums thereon, and the repayment thereof shall be deemed to be additional rental and payable as such on the next day upon which rent becomes due hereunder. 7 -RAR -687 -R MAY 70 After Five Days Return To: ATTN: R/W RENTALS STATE OF CALIFORNIA DIVISION OF HIGHWAYS, DISTRICT 7 BOX.2304 TERMINAL ANNEX LOS ANGELES, CALIFORNIA 90054 FOLD HERE AND FASTEN STATE OF CALIFORNIA— BUSINESS AND TRANSPORTATION AGENCY RONALD REAGAN, Governor DEPARTMENT OF TRANSPORTATION DISTRICT 7, P.O. BOX 2304, LOS ANGELES 90054 �e 9Ki� he Y" City of Newport Beach 3300 Newport Boulevard Newport Beach, California Gentlemen: c' August�16, 1974 07-Ora -1-0.3 Account 36741 - 001 -02 Northwest Corner of Coast Highway and Newport Boulevard, Newport Beach Enclosed are three copies of Lease covering property located at northwest corner of Coast Highway and Newport Boulevard, Newport Beach, California, wherein the State of California is,the Lessor and you are the Lessee. This Lease shall be a firm lease for a period of six (6) months. At the end of six months, February 28, 1975, the rental rate shall be subject to renegotiation and a 60 -day cancellation clause shall become effective. Please sign all three copies of the Lease on Page 9 of the Lease and return all copies to this office. When the Lease has been executed on behalf of the State, one copy will be returned to you. In compliance with Paragraph 16 of the Lease, please have your insurance carrier execute the enclosed Certificate of Insurance form and return the original to us. A self - addressed envelope is enclosed for your convenience. Very truly yours, ROGER E. WILLIAMS Senior Right of Way Agent Property Management PG:gmk Encls. 1 SEP 3 0 1974 By +ha CITY COUNCIL RESOLUTION NO. 8 35 C C L / R' C:u4Ci-I A RESOLUTION OF THE CITY COUNCIL OF THE CITY �- OF NEWPORT BEACH AUTHORIZING EXECUTION OF AN AUG 2 G 1974 AGREEMENT BETWEEN THE CITY OF NEWPORT BEACH AND THE DEPARTMENT OF TRANSPORTATION FOR LEASING OF CERTAIN STATE -OWNED LANDS FORMERLY USED BY By +he CITY COUNCIL HOAG HOSPITAL AS A TEMPORARY AUTOMOBILE PARKING CIT eF EACH LOT SEP 9 1974 WHEREAS, the State of California, Department of By the CITY C ccWpGortation, has presented an agreement to the City of Newport CITY AP M"""!' IJIM-Vffering to lease certain State -owned unimproved property located on the northwest corner of Pacific Coast Highway and Newport Boulevard (formerly the Hoag Hospital temporary parking lot) to the City, to be used as a public parking facility; and WHEREAS, the City Council has reviewed the terms and conditions of said lease agreement and found them to be fair and equitable; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Newport Beach that said lease agreement above described is. approved, and the Mayor and City Clerk are hereby authorized and directed to execute the same on behalf of the City of Newport Beach. ADOPTED this nth day of Ate, 1974. Mayor ATTEST; City Clerk r STATE OF CALIFORNIA— BUSINESS AND TRANSPORTATION AGENCY RONALD REAGAN, Governor DEPARTMENT OF TRANSPORTATION DISTRICT 7, P.O. BOX 2304, LOS ANGELES 90054 VIA October 15, 1974 07- Ora -1 -0.3 Account 36741- 001 -02 Address N/W corner Coast Highway and Newport Boulevard, Newport Beach, Ca, Ms, Laura Logios, City Clerk City of Newport Beach 3300 Newport Boulevard Newport Beach, Ca. 92660 Dear Ms. Logios: Enclosed for your file is fully executed copy of Lease covering the above - referenced property. PG:gmk Encl. Very truly yours, ROG R E. WILLIAbls Rental Property Manager XF 4T i^ D ♦ 01 S Policy No. LP 11614 Named Insured CI ?V OF MENVICVX RFACH it offawilt � CERTIFICATE OF INSURANCE FOR LEASE OF STATE -O This is to certify that the PACIFIC INDEMNITY INSURANCE COMPANY me o ompany Of the policy of General Liability Insurance herein described, which by the attachment of the State -Owned Property Endorsement has been changed in accordance with the terms of the Endorsement. Coverages and limits of liability under the policy are not less than: , Bodily Injury $100,000 each person $200,000 each occurrence Property Damage $50,000 each person $50,000 each occurrence STATE -OWNED PROPERTY ENDORSEMENT This endorsement is attached to the policy described herein to assure compliance by the named insured with the terms and provisions of the lease (or rental agreement) entered into between the Insured as Lessee and the State of California as Lessor. The Company amends the policy described herein as follows: 1. If the policy is canceled or changed so as to affect the coverages, at least fifteen (15) days' prior written noticeof such cancellation or change will be sentto the Lessor State of California at the following address: Box 2304 Terminal Annex, Los Angeles, California 90054 2. if the policy contains any clause excluding coverage as to property in the care, custody or control of the in- sured, such clause shall not apply with regard to any liability of the State of California, its officers, agents, or employees. i 3. The Lessor State of California, its officers, agents, and employees are hereby declared to be additional in- sureds inthe policy described insofar as they may be held liable for injuries, deaths, ordamagetopropertyoc- curing in or about the leased premises. This endorsement. countersigned by an authorized representative of the Company, becomes applicable endorsement number Effective Date of Policy: Fiab)% aRy Is 1974 Expiration Date of Policy: Feb*tuvAy i # 1975 Dated: OctobtA 7 , 1974 , at HaWROAt Btaak_ CaL.Lsorcn.la a e Name of Agent or Broker: MI LUM /OARY�nINSURANCE BROKERS, INC. Address of Agent or Broker: _ 16 By ROBERT B. MILUM 91660 IMPORTANT - THIS FORM IS THE ONLY CERTIFICATE OF INSURANCE ACCEPTABLE TO THE STATE OF CALIFORNIA 7 -RAR -687 MAY 70 0 . • INSURANCE REQUIREMENT Lessee shall,. at his own expense, takeout and keep in force during the within tenancy, (a) public liability insur- ance, in a company or companies to be approved by the lessor, to protect the State of California, its officers, agents and employees against any liability to the public incident to the use of, or resulting from injury to, or death of, any person occuring in, or about the demised premises, in the amount of not less than $100,000.00 to indemnify against the claim of one person, and in the amount of not less than $200,000.00,' against the claimsof two or more persons resulting from anyone accident; and, (b) property damage or other insurance in a company or companies to be approved by the Lessor, to protect Lessor, its officers, agents and employees, against any and every liability incident to the use "of or resulting from any and every cause occuring in, or about the demised premises, including any and all .liability of the Lessorfor damage to vehicles parked on the demised premises, in the amountof not less than $50,000.00. Said policiesshall inure to the contingent liabilities, if any, of the Lessor, and the officers, agents and employees of Lessor and shall obligate the insurance carriers to notify Lessor, in writing, not less than fifteen (15) days prior to the cancellation thereof, or any other changes affecting the cov- erage of the policies. If said policies contain any exclusion concerning property in the care, custody or control of the insured, an endorsement shall be attached thereto stating that such exclusion shall not apply with regard to any liability of the State of California, its officers, agents or employees. Lessee shall furnish as proof of public liability insurance, a fully executed copy of Slate form, "Certificate of Insurance" and "State -Owned Property Endorsement" not more than 10 days after the effective date of the insurance policy. Lesseeagrees that, if Lessee does not keep such insurance in full force and effect, Lessor may take out insurance and pay the premiums thereon, and the repayment thereof shall be deemed to be additional rental and payable as such on the next day upon which rent becomes due hereunder. 7 -RAR -697 -R MAY 70 After Five Days Return To: STATE OF CALIFORNIA DIVISION OF HIGHWAYS, DISTRICT 7 ATTN: R/W RENTALS BOX 2304 TERMINAL ANNEX LOS ANGELES, CALIFORNIA 90054 FOLD HERE AND FASTEN