HomeMy WebLinkAboutPurissima Hills Water District (6)RESOLUTION NO. 19-00
RESOLUTION OF THE CITY COUNCIL OF THE
TOWN OF LOS ALTOS HILLS APPROVING AND AUTHORIZING
EXECUTION OF FIRST AMENDMENT TO LEASE BETWEEN THE
TOWN OF LOS ALTOS HILLS AND THE PURISSIMA HILLS WATER DISTRICT
WHEREAS, the City Council of the Town of Los Altos Hills has read and considered
that certain First Amendment to Lease ("Agreement") between the Town and the Purissima
Hills Water District.
NOW, THEREFORE, the City Council of the Town does RESOLVE as follows:
1. Public interest and convenience require the Town of Los Altos Hills to enter
into the Amendment described above.
2. The Town of Los Altos Hills hereby approves the Amendment and the Mayor
is hereby authorized on behalf of the Town to execute the Amendment between the Town
of Los Altos Hills and the Purissima Hills Water District,
PASSED AND ADOPTED this 16th day of March
ATTEST:
RI
City Clerk
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FIRST AMENDMENT TO LEASE
BETWEEN THE TOWN OF LOS ALTOS HILLS AND
THE PURISSIMA HILLS WATER DISTRICT
RECITALS
A. This Amendment is made as of March 16 , 2000, by and
between the TOWN OF LOS ALTOS HILLS ("Town") and the PURISSIMA HILLS WATER
DISTRICT ("District").
B. The parties hereto desire to amend Paragraphs 2 and 3.a.(1) of the Lease
("Lease") entered into between them on April 1, 1997.
AMENDMENT
Paragraph 2. of the Lease is hereby amended to read as follows:
Term of Lease: Renewal Terms. The Term of this Lease is five (5) years
beginning April 1, 2000, and ending at 11:59 p.m., on March 31, 2005 ("Term"), with
automatic five year renewal terms ("Renewal Terms"), unless otherwise terminated by one
or both parties upon written notice, as follows: The District shall have the right to terminate
this Lease at any time prior to the expiration of the Term or any Renewal Term upon one
(1) year's written notice to the Town. The Town shall have the right to terminate this. Lease
at any time prior to the expiration of the Term or any Renewal Term upon two (2) years
written notice to the District.
2. Paragraph 3.a.(1) of the Lease is amended to read as follows:
(1) Pay to Town as rent in advance on the first day of each calendar month
of the Term of this Lease, without deduction, offset, prior notice or demand the sum of Five
Hundred Dollars ($500) ("Base Rent") in lawful money of the United States, which Base
Rent shall increase each year to a new Base Rent on July 1 St, by a cost of living adjustment
based upon the latest U.S. Department of Labor 12 -month average San Francisco -
Oakland -San Jose CPI information available on June 1St of each year of the Lease. The
Town has the option to raise the Base Rent no earlier than ninety (90) days and no later
than sixty (60) days prior to the expiration of the Term or any Renewal Term upon written
notice to the District. Any increase in the Base Rent shall be effective one (1) year after
the District's receipt of the written notice from the Town.
3. The remainder of the Lease shall remain unamended and in full force and
effect.
IN WITNESS WHEREOF, the parties have executed this Agreement as of the day
and year first written above.
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TOWN OF LOS ALTOS HILLS
A4
Mayor6/
ATTEST:
City"U'lerk
PURISSIMA HILLS WATER DISTRICT
By:,
ATTEST:
Distfidc;t C-116"fk
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