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Site Name
<br /> Meado"Iark Park
<br /> LAND LEASE AGREEMENT
<br /> This Agreement, made this day of , 20 between City of Pleasanton, a
<br /> municipal corporation, with its mailing address located at 200 E. Bernal Ave, Pleasanton, CA
<br /> 94566, Social Security # /Tax ID # hereinafter designated LESSOR and GTE Mobilnet of
<br /> California Limited Partnership d/b /a Verizon Wireless, with its principal office located at One
<br /> Verizon Way, Mail Stop 4AW 100, Basking Ridge, New Jersey 07920 (telephone number 866-
<br /> 862- 4404), hereinafter designated LESSEE. The LESSOR and LESSEE are at times collectively
<br /> referred to hereinafter as the "Parties" or individually as the "Party ".
<br /> 1. PREMISES. LESSOR hereby leases to LESSEE a portion of that certain parcel of
<br /> property (the entirety of LESSOR's property is referred to hereinafter as the Property), located at
<br /> 6890 Koll Center Pkwy, Pleasanton, Alameda County, California, and being described as a 40' by
<br /> 25' parcel containing 1000 square feet (the "Land Space "), together with the non - exclusive right
<br /> (the "Rights of Way ") for ingress and egress, seven (7) days a week twenty-four (24) hours a day,
<br /> on foot or motor vehicle, including trucks over or along a fifteen (15') foot wide right -of -way
<br /> extending from the nearest public right -of -way, Koll Center Parkway, to the Land Space, and for
<br /> the installation and maintenance of utility wires, poles, cables, conduits, and pipes over, under, or
<br /> along one or more rights of way from the Land Space, said Land Space and Rights of Way
<br /> (hereinafter collectively referred to as the "Premises ") being substantially as described herein in
<br /> Exhibit "A" attached hereto and made a part hereof. The Property is also shown on the Tax Map of
<br /> the City of Pleasanton as Assessor Parcel Number 946 - 4557 -002 and being further described in that
<br /> certain Deed recorded on January 3, 1983 as Document #83 -00157 in the Official Records of
<br /> Alameda County.
<br /> In the event any public utility is unable to use the Rights of Way, the LESSOR hereby
<br /> agrees to grant an additional right -of -way either to the LESSEE or to the public utility at no cost to
<br /> the LESSEE.
<br /> 2. SURVEY. LESSOR also hereby grants to LESSEE the right to survey the
<br /> Property and the Premises, and said survey shall then become Exhibit "B" which shall be attached
<br /> hereto and made a part hereof, and shall control in the event of boundary and access discrepancies
<br /> between it and Exhibit "A ". Cost for such work shall be borne by the LESSEE.
<br /> 3. TERM; RENTAL. This Agreement shall be effective as of the date of execution by
<br /> both Parties, provided, however, the initial term shall be for five (5) years and shall commence
<br /> on the Commencement Date (as hereinafter defined) at which time rental payments shall
<br /> commence and be due at a total annual rental of Twenty -one Thousand Six hundred Dollars
<br /> ($21,600.00) to be paid in equal monthly installments on the first day of the month, in advance,
<br /> to LESSOR or to such other person, firm or place as LESSOR may, from time to time, designate
<br /> in writing at least thirty (30) days in advance of any rental payment date by notice given in
<br /> accordance with Paragraph 23 below. Upon agreement of the Parties, LESSEE may pay rent by
<br /> electronic funds transfer and in such event, LESSOR agrees to provide to LESSEE bank routing
<br /> information for such purpose upon request of LESSEE. The Commencement Date shall be the
<br /> first day of the month in which notice of the exercise of the option, as set forth above, is effective.
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