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LAND LEASE AGREEMENT
<br /> This Agreement, made this Ill, day of ibt , 20 Z. between City of Pleasanton, a
<br /> municipal corporation, with its principal office located all 23 Main Street, Pleasanton, CA 94566,
<br /> Tax ID #94-6000-397 hereinafter designated LESSOR and GTE Mobilnet of California Limited
<br /> Partnership d/b/a Verizon Wireless, with its principal offices located at One Verizon Way, Mail
<br /> Stop 4AW 100, Basking Ridge, New Jersey 07920(telephone number 866-862-4404), hereinafter
<br /> designated LESSEE. The LESSOR and LESSEE are at times collectively referred to hereinafter as
<br /> 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 /> 8251 Santos Ranch Road, City Pleasanton, County of Alameda, State of California, and being
<br /> described as two parcels containing approximately 470 square feet (the "Land Space"), together
<br /> with the non-exclusive right (the "Rights of Way") for ingress and egress, seven (7) days a week
<br /> twenty-four(24)hours a day,on foot or motor vehicle, including trucks over or along a twelve(12')
<br /> foot wide right-of-way extending from the nearest public right-of-way to each of the parcels
<br /> constituting the Land Space, and for the installation and maintenance of utility wires, poles,cables,
<br /> conduits, and pipes over, under, or along one or more rights of way from the Land Space, said
<br /> Land Space and Rights of Way (hereinafter collectively referred to as the "Premises") being
<br /> substantially as described herein in Exhibit "A" attached hereto and made a part hereof. The
<br /> Property is also shown on the Tax Map of the County of Alameda as Assessor Parcel Number 941-
<br /> 2100-002-06.
<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 ten (10) years and shall commence
<br /> on the Commencement Date (as hereinafter defined) at which time rental payments shall
<br /> commence and b0 due at a total annual rental of One Dollar for the first six (6)years of the initial
<br /> term, to be paid on the Commencement Date and each anniversary thereof thereafter, 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 22 below. Commencing on the sixth anniversary of the
<br /> Commencement Date, the annual rent shall increase to Twenty-one Thousand Six Hundred
<br /> Dollars ($21,600.00) to be paid in equal monthly installments on the first day of the month. The
<br /> Commencement Date shall be the first day of the month in which notice of the exercise of the
<br /> option, as set forth above, is effective. However, LESSOR and LESSEE acknowledge and agree
<br /> that initial rental payment(s) shall not actually be sent by LESSEE until thirty (30) days after the
<br /> exercise of the option is effective.
<br /> Meadowlark Park
<br /> 118968).5
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