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RUG it '88 12=02 020 HOPKINS SJ ~1 P. 02 <br /> <br />THIS LEASE N made and entsrod Irtta thh 11th degr of Auguea, itltt0. by and getweM the CRY OF PLEASANTDN, a <br />munldpd aorpordbn (lroralnafeer referred b d "Chtl'), and DMDEND DEVELOPMENT CORPORATION, a Cellbmia oorporntlon <br />{herMnaftel' referred a ae "DMdand",) <br />RECITALS <br />A, Dh+lderxl h the owner In tee of a peroN of land wkhln the t3lonertdge DrNs kderohargs with I-da0 M Pleasanton, <br />CapforNet, as shown on ixhlbk'A' etttaclted hereto and by thh nMerena Inoorpordad herein (the "Prenreeeg. <br />B, N a ruult of the 8brrerMpe Drtwll-OdO 1n111+ohangU oenrtruotlon, Cky eaelte a MiM of the ~rerrliee, b taomtate <br />oorrstrtlotion of the highway and ereeoolened fadptla on tfte property shown on Exhibit "D" attached hsrob and Inoorporened herein <br />by N:h : ofaranca <br />c. City oonNdan k b 6a In the pubic Interest that Indueotalloomrtsrdal davebpnwnl be well designed and propery <br />planned and that the eenautlatlen et the $1pneAdge Drlwll-Oeo kNSrchartge take place M an ordery and ash merrier. In order b <br />allow t.lty b proulde far erdarly oonatrugpon of the Interchange wkh the hnt arrount of adwne Impacts b the tr'auellrp pubAo, the <br />pertlae haw roeehad an agwan+ent eenearnlrtQ rental value d the eubJect land far the eslhjaet pereM end new daslrr b set forth <br />their mutual underaalndlrq and agreement pertaining thaneb Mt wrkkW <br />DMdand and CIq-, In aorteldaratlon of the above-stated roahah, agree as tbllowe: <br />1. DAAdarrd hereby bases the Pnrttlaaa b ply, and CNy hawse the tsreniee from DlNdend, on a month-b-month <br />bash oomrrtendng on the erarler of m Cky'a aney upon lM Prarrieea, or m 9optentioar 1,1ese. T.he initial period of <br />this lease shall be no less than_six f6) months unless terminated by City upon 30 days ~~, <br />written notice to Dividend. Qq~S.~~71 ~'yk,ll~ <br />tt. CMy chap pay to t7iVldend M area a monihy vent of Tfl~Tllowan___d EI4M Hundred Dotlan (x1.t100.o0) <br />beginning on the date of oortrnsnoenxnt of the l.eaao, end an the sarrrs day of each and every morrtfr thereafter. -~ <br />~. Cky chap hive ilia right b improve tb Prsrtieea In any rrwrtrrer It daskaa dudrp the term hareol, provided, <br />howrver, that Cky chap rerl+aW all such knprowmsnb and ren~tore the f'rMriMM toAo~Mrg tM /emMneitlon of thh Leeafs b the aanw <br />oondltlon they wan In prior b tM oorrrrwnoament of thh Cesare, M a! the eah coat and eetponaa of City. <br />4, DNrldend and Cpy herby etipulah and agree tftat, for rite purport of oalaulapng ttr~ vatus of the Premeee for <br />eminent domNn or cry oilier purpoess, esloh valve chap be Oaterrhted wfthout ratarenoe b title Laaea or any knprowrnonrs or other <br />modNicatiorM made b tM Prwtttaee Or any adJAOSnt Pret~rb ~ ab• <br />ef. py hereby waives any germ apNnet 17Mdend br and shag kxtanrtRy and hold Dhridand harrnteae from any and all <br />IIablAly, obpgatbn, bee, darttages, dalme or aoeu, pndudng ei coed and atiornsys' fees incurred in defsncting agdrrrt dairrre of <br />aamy of any Habra whataoww en aaoount of, or aflaing out of, or alleged b b. on account of or arising out of, injury b parson or <br />pmpsrty of whatever neeturo {epeopbapy krduding, wkhout pnitatlort, Injury b tits perwn of property of City, ire agsnh, ofpoero, <br />employees, Ilcenaaea, or Inukaar) partially or antlreiy arbing from or an any wety oonneated with the esthterrce, oondhbn, uer. or <br />oaoupanoy of the Pnndsse, or sat, ooounena or amleelort upon the Prerrisaa, or thew of their empbyeee, agents, or Invlteee, or <br />any bnsech or dsfauk In the psrlonnana of any obllgapon on Cky's pert >D be periomtod herounder, end Clry heroby aawmes all <br />rids of and Ilabitfty for same aowept b tM extent aeweed by Dhddenth active ttrnllgsna or yretlar oufpobllky. Thtr Indemn4y and <br />hold hemlfess provhbn shah survive the sxpiratlon er other tanninetion of rite term of thh Lasers wkh respect b any ouch Injury, <br />exlstenoe, aondpbn, use, occupancy, sat, ooounsna, onrleelon, conduct, Or Cityy broadr or defauk whid- otrotlre or h eileged b <br />haw ooaurrod during the tern or during any other period of lice a oocuperrgr of rtes Rerirlsss by Gly. <br />~' 4. In the event arhl elution Or proceeding ett law or M ergtrlty or any arbltradort proosadng be Inetierted by abhor party <br />hereto with rupeot b thN Lease,-it» prwaAing pargr (by judgmanR aNVard or sattlarrMrtt) in such action or proceeding eheJl bs <br />entkhd b rooowr ere pert of esloh aotbn or prooseding such roaeonabls albrnaye' free, atrpart vrkrlees fewa, and court and/or <br />