Loading...
1993-10-19 Boys & Girls Club of Coachella Valley - Lease Amend 3 Youth Ctr ImprovI SECOND AMENDMENT TO LEASE AGREEMENT THIS THIRD AMENDMENT TO LEASE AGREEMENT is entered into this � day of d0_� 1993 by and between the CITY OF LA QUINTA, a public body corporate and politic (the "Lessor") and THE BOYS AND GIRLS CLUB OF COACHELLA VALLEY, a California nonprofit corporation (the "Lessee"). RECITALS The following recitals are a substantive part of this Amendment and are incorporated herein: A. The Lessor and Lessee originally entered into that certain Lease Agreement dated February 4, 1992 (the "Lease"), a First Amendment to Lease Agreement dated December 1, 1992 (the "1992 First Amendment"), and a second amendment to Lease dated July 26, 1993 (which was erroneously titled "First Amendment to Lease") (the 1993 First Amendment"), copies of which are on file as public record with the City Clerk of the City of La Quints and which are incorporated herein by reference. B. The Lease provides that the Lessee shall obtain building permits and begin construction of the youth center Improvements within one year of the date of execution of the Lease and shall complete construction within eighteen (18) months of obtaining building permits. C. The 1993 First Amendment provides additional time for the Lessee to obtain building permits and complete construction of the Improvements. D. The parties desire by this Second Amendment to provide for additional time for the Lessee to obtain building permits and begin construction. NOW, THEREFORE, the Lessor and Lessee do hereby agree to amend the Lease Agreement as follows: NOW, THEREFORE, the Parties hereto agree as follows: 1. Section 2.1 of the Lease shall be amended to read as follows: 2.1 Construction, Inspection by Lessor and Right to Improvements. Lessee shall construct or cause to be constructed the improvements on the Premises as set forth in the Scope of Development attached hereto as Exhibit "B" and made a part hereof ("Improvements") which Improvements shall include a youth center of approximately 24,000 square feet on the corner of Park Avenue and Avenue 50 in the City of La Quinta. Building permits shall be obtained and construction begun on the Improvements on or before January 1, 1994. Lessee shall provide status reports to Lessor concerning all actions taken towards commencing construction at six (6)-month intervals from the date of execution of this Lease by the Lessor until a certificate of occupancy has been issued for the Improvements. Completion of construction shall be on or before September 1, 1994. Lessee covenants with Lessor that the Improvements of whatsoever nature constructed by Lessee on the Premises shall be constructed at Lessee's sole cost and expense in a good workmanlike manner according to and in conformity with plans and specifications to be submitted to Lessor pursuant to Section 2.2 below and in compliance with all applicable municipal building and zoning laws and with all other laws, ordinances, orders, rules, regulations and requirements of federal, state and municipal governments and appropriate departments, commissions, boards and officers thereof. At all times during construction, and prior to completion, of the Improvements, Lessor shall have the right, after not less than twenty-four (24) hours notice to Lessee, to enter upon the Premises in the company of a representative of Lessee for the purpose of inspecting the same, provided that such entry and inspection shall not unreasonably interfere with Lessee's construction of the Improvements. Any and all Improvements which are made by Lessee to the Premises shall be owned by Lessee during the Term but shall remain a part of the Premises and be surrendered therewith at the end of the Term or sooner termination of this Lease, at which time the same shall become the property of Lessor. 2. No Other Changes. Except as provided herein, the Lease, and the other documents attached to the Lease, shall remain in full force and effect, without modification. Any terms not defined herein shall have the meanings set forth in the Lease. IN WITNESS WHEREOF, the parties hereto have executed this Amendment as of the dates set forth below. CITY OF LA QUINTA, a public body corporate and politic Dated:/&&O of , 1993 By: (,- �, Mayor "LESSOR" PURL:7607_111871B2588.0 2 APPROVED AS TO FORM: iG(If�C.f Stradling, Yocca, Carlson & Rauth Dawn C. Honeywell, City Attorney Dated: W. I` , 1993 BOYS AND GIRLS CLUB OF COACHELLA VALLEY, a California nonprofit corporation By: Its: "LESSEE" 3 C PUBL:7607_111871B2588.0 MERCHANTS BONDING COMPANY 2425 E. Camelback #800, Phoenix, Arizona 85016 PERFORMANCE BOND KNOW ALL MEN BY THESE PRESENTS: APPROVED BY AMERICAN INSTITUTE OF ARCHITECTS DOCUMENTA311 FEBRUARY 1970 ED. That R D P Inc. as Principal, hereinafter called Contractor, and Merchants Bonding Company (Mutual) as Surety, are held and finny bound City of La Quints _ as Obligee, hereinafter called Owner, in the sum of Two Thousand Five Hundred Dollars and no/100**************************** Dollars (S 2 SOO.00 ****** ), , for the payment of which sum, well and truly to be made, the Contractor and Surety bind themselves, their heirs, executors, aeminiettem . aaccess rs and coigns, jointly and severally, firmly by those presents. August 3, 1993 WHEREAS, The Contractor has entered into a wrtten contract dated with the Owner for La Quinta Boys & Girls Club of Coachella Valley - Fugitive Dust Control in accordance with drawings and specifications prepared by which contract is by teferwtce modes part hareof, and is hereinafter rsfa, toes the Contract. NOW. THEREFORE, THE CONDITION OF THIS OBLIGATION is such that, if Convector shall promptly and faithfully perform aid Con• tract, than this obligation shall be null and void; otherwise it shall remain in full force and effect. The Surety hereby wweives notice of any alteration or extension of time made by the Owner. Whenever Contractor shall be, and declared by Owner to be in default under the Contract, the Owner having performed Owner's obligation thereunder, the Surety may promptly remedy the default, or shall promptly — 1. Complete the Contract in accordance with its terns and conditions, or 2. Obtain a bid or bids for completing the Contract in accordance with its terms and condition, and upon determination by Surety of the lowest responsible bidder, or, If the Owner slocts, upon determination by the Owns and the Surety jointly of the lowest responsible bidder, arrange for a contract between such bidder and Owner, end stake available as Work progreesa lawn though there should be a default or a succession of defaults under the contract or contracts of completion arranged under this p- so spa ) sufficient funds to lay the cost of com- pletion Net the balance of the contract prim; but not excesding, including other can and damages for which the Surety may be llama hers - under, the amount set forth in the first parngrop! n hereof. The term "balance of the contract prim," as used In this paragraph, shall mean the total ornota t payable by Owner to Contractor under the Contract and any amendments thereto, lase the amount property paid by Owner to Contractor. Any suit under this bond must be Instituted before the expiration of two (2) Veers from the date on which - final payment under the Con- t..,. s.u..�.. — w the heirs, State of California County of Riverside appeared Ann iiillard rsonally known to me �153 before me, Heather R. Degele, per aPPe —�.. �a Dn ed IWf�FiEK � s EGELE� o be the person whose name is subscribed to the within instrument arc at)�COMM.M986 E x72 ecuted same in her capacity as Attorney -in -Fact for Merchants B Notary Public-Califomia () Wit" S Illy hand S Officia4 RIIVERSIDECOUNTY O t MFebruary 2ll, 1x997 ry Title Merchants Bonding Company (Mutual) (Surety) IQ,�A UAg Bond No. CA701409 By a r 4!4Attomwla Fact OC•14 8028 1/10/90 SFINGI & HANNON INS. SERV. Merchants Bonding Company (Mutual) POWER OF ATTORNEY w All Men By These Presents, that the MERCHANTS BONDING COMPANY (Mutual), a corporation duly organized under the laws State of Iowa, and having its principal office in the City of Des Moines, County of Polk, State of Iowa, hath made, constituted and appointed, and does by these presents make, constitute and appoint >>>FRANK W. ANDERSON**BRADLEY P. DRUEHL**DANA HULLETT**ANN WILLARD<<< >>X<< >>X<< Of INDI O and State of CA its true and lawful Attorney -in -Fact, with full power and authority hereby conferred in its name, place and stead, to sign, execute, acknowledge and deliver in its behalf as surety: >>>ONE MILLION DOLLARS($1,000,000.00)<<< and to bind the MERCHANTS BONDING COMPANY (Mutual) thereby as fully and to the same extent as if such bond or undertaking was signed by the duly authorized officers of the MERCHANTS BONDING COMPANY (Mutual), and all the acts of said Attorney, pursuant to the authority herein given, are hereby ratified and confirmed. This Power -of -Attorney is made and executed pursuant to and by authority of the following By -Laws adopted by the Board of Directors of the MERCHANTS BONDING COMPANY (Mutual). ARTICLE 2, SECTION 8. — The Chairman of the Board or President or any Vice President or Secretary shall have power and authority to appoint Attorney -in -Fact, and to authorize them to execute on behalf of the Company, and attach the seal of the Company thereto, bonds and undertakings, recognizances, contracts of indemnity and otherwritings obligatory in the naturethereof. ARTICLE 2, SECTION 9. — The signature of any authorized officer and the Seal of the Company may be affixed by facsimile to any Power of Attorney or Certification thereof authorizing the execution and delivery of any bond, undertaking, recognizance, or other suretyship obligations of the Company, and such signature and seal when so used shall have the same force and effect as though manually fixed. In Witness Whereof, MERCHANTS BONDING COMPANY (Mutual) has caused these presents to be signed by its Vice President and President, and its corporate seal to be hereto affixed, this 15th day of October A.D.,19 92 Attest: A / 4",ff- Vlc0Presldent STATE OF IOWA COUNTY OF POLK as. MERCHANTS BONDING COMPANY (Mutual) � r • . @ p � .4�XA, CO�A'. By • 1933 President s+ N ... ...,�� r +Y p On this 15th day of October 19 92 before me appeared M.J. Long and Rodney Bliss III, to me personalty known, who being by me duly sworn did say that they are Vice President and President respectively of the MERCHANTS BONDING COMPANY (Mutual), the corporation described in the foregoing instrument, and that the Seal affixed to the said instrument is the Corporate Seal of the said Corporation and that the said instrument was signed and sealed in behalf of said Corporation by authority of its Board of Directors. In Testimony Whereof, I have hereunto set my hand and affixed my Official Seal, at the City of Des Moines, Iowa the day and year first above written. GCJ ��•�� Notary Public, Polk County, Iowa My Commission Expires 11-4-95 STATE OF IOWA COUNTY OF POLK so. I, M.J. Long, Vice President of the MERCHANTS BONDING COMPANY (Mutual), do hereby certify that 1l�9 and foregoing is a true and correct copy of the POWER OF ATTORNEY, executed by said MEi N70 IN13 COMPANY (Mutual), which is still in force and effect. . p p 0 •may In Witness Whereof, I have hereunto set my hand and affixed the seal of the Company, at C, ? this 3rd day of August 19. 93 �9 • ci a This power of attorney expires December 31, 1995. MB96 10/92