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2014-520-E AMS - Morinaga American Foods, Inc. for Lease Amendment dated 10-6-2014
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2014-520-E AMS - Morinaga American Foods, Inc. for Lease Amendment dated 10-6-2014
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5/21/2015 12:03:27 PM
Creation date
10/9/2014 1:45:06 PM
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BOCC
Date
10/9/2014
Meeting Type
Work Session
Document Type
Leases
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2014-300 AMS - Morinaga America Foods, Inc. - Space Rental Lease $8,076
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DocuSign Envelope ID: 3B2F6DD9-152F-419D-9A89-95AF3FCEEC72 <br />THIS LEASE AMENDMENT is made and entered into this 6th day of October, 2014 by and between ORANGE <br />COUNTY (hereinafter referred to as "County") and MORI[NAGA AMERICA FOODS, INC. (hereinafter referred to <br />as "Tenant"). <br />WITNESSETH: <br />THAT WHEREAS, the County and Tenant entered into a Lease Agreement dated June 1st, 2014, for premises <br />designated as Suite "Morinaga Phase V, (hereinafter the "Original Lease") attached to this Lease Amendment; and <br />WHEREAS, the County and Tenant desire to amend the Original Lease according to paragraphs 3(a) and 3(c) of the <br />Original Lease, while keeping in effect all terms and conditions of the Original Lease not inconsistent with the terms and <br />conditions set forth below. <br />NOW THEREFORE, for and in consideration for the mutual covenants and agreements made herein, the parties agree to <br />amend the Original Agreement as follows: <br />The Tenant will increase its premises to include 880 square feet entitled "Morinaga Future Phase" as <br />depicted on Attachment A of this Lease Amendment beginning October 6, 2014 through the original Lease <br />term ending on May 31, 2015. <br />The pro-rated monthly rent for the Morinaga Future Phase additional premises from October 6, 2014 through <br />October 31, 2014 is $860.00. The monthly rent for the Morinaga Future Phase additional premises from <br />November 1, 2014 through May 31, 2015 is $1,026.00 ($1,026.00 equals 880 square feet Morinaga Future <br />Phase multiplied by $14 per square foot divided by twelve months). <br />The total monthly rent due on November I is $1,533.00 (this amount equals the original Lease rent of $673 <br />plus the pro-rated October rent for the Morinaga Future Phase of $860.00). <br />4. The total monthly rent due on December 1, 2014 through May 31, 2015 is $1,699.00 (this amount equals the <br />original Lease rent of $673 plus the additional Morinaga Future Phase rent of $1,026.00). <br />There is no additional Deposit associated with this Lease Amendment. <br />6. The County will construct the hallway wall necessary to provide access and privacy for the Morinaga Future <br />Phase. <br />7. Except for the changes made herein, the Original Agreement shall remain in full force and effect to the extent <br />it is not inconsistent with this Amendment. In the event that there is a conflict between the Original <br />Agreement and this Amendment, this Amendment shall control. <br />[SIGNATURE PAGE FOLLOWS] <br />Rev. 3/07 <br />
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