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HomeMy WebLinkAbout4/7/2004 - STAFF REPORTS (12) is DATE: April 7, 2004 MEMO TO: City Council FROM: Director of Finance & Treasurer RE: Lease Amendment and Settlement Agreement to Master Land Lease with Bureau of Indian Affairs —Convention Center/Wyndham Hotel/Parcel 4 land lease (PSL-315) RECOMMENDATION: It is recommended that the City Council approve the First Amendment to Business Lease 315 and the Settlement Agreement covering terms of the same lease. SUMMARY: The recommended action settles a dispute between the Indian allottee owners of the land and the City regarding the interpretation of the percentage rent calculations in the lease. The City will pay a total of$550,000 over the next two years, increase the Guaranteed Minimum Annual Rental (GMAR) fee to $1,200,000 for calendar year 2005 and agree to a reappraisal of the land after 10 years. The percentage rental calculation will be eliminated, as well as the annual audit requirement and the requirement that the City develop a hotel on the vacant parcel opposite the Convention Center on Caballeros Road. The process of approval of future additions to the Convention Center was also simplified. Many other significant beneficial changes are made to the Lease. BACKGROUND: The Wyndham Hotel and the Convention Center are built on land which is leased from the Indians via the Bureau of Indian Affairs. The original Master Lessee was SENCA Corporation, a private developer. The City acquired the lease from SENCA in 1989. The lease, with an optional 25-year extension, runs to 2074. The annual rental payment is calculated two ways. It is the higher of the GMAR or the Percentage Rental calculation. The GMAR is the original lease amount adjusted by the C.P I. increase every five years. For calendar year 2004, the GMAR was $872,687. The next adjustment, due for calendar year 2005, was expected to increase the GMAR to about $1,020,000. The City's position was that the GMAR had always exceeded the percentage rental, and therefore only that amount was paid In 2002, the allottees, via a local CPA they had retained, challenged that assumption. Their position was that all the gross revenue of the Convention Center, not just the facility rentals and catering revenue, should be included in the percentage rental calculation. The allottees' interpretation resulted in several years where the percentage sent was higher than the GMAR, and therefore additional payments were due. The allottees' original claim was for $1.1 million. The ambiguous language in the lease could be interpreted to support either position. The City was faced with the choices of going to arbitration, litigating the matter, or negotiating with the allottees Given the certainty of high legal costs and the uncertainty of the outcome for the two former options, the City chose the latter. ; �A p, Page 2 The Settlement Agreement and Release requires the City to pay $225,000 within 30 days of the effective date of the agreement; an additional $225,000 by July 31, 2004; and an additional $100,000 by July 31, 2005. This would satisfy all of the claims related to the percentage rent calculation, accrued interest and legal and accounting fees. The claims will be paid from the City's Risk Management Fund. The First Amendment to the lease would eliminate the percentage rent calculation; increase the GMAR to $1,200,000 for calendar year 2005; require a reappraisal of the land value every 10 years, beginning in 2015; eliminate the provision that the City, as Master Lessee, is required to develop a hotel on the vacant parcel within two years of the Wyndham Hotel reaching an annual occupancy rate of 72%; eliminates the annual audit requirement; and clarifies the process for gaining BIA approval of future additions or improvements. The additional GMAR should be covered by increases in the subleases to the Wyndham Hotel and the Convention Center in 2005. There is no doubt there is a cost to settling this matter with the allottees. However, unsuccessful litigation could have been much more costly, and would have created considerable ill will with the Tribe. The settlement agreement and the lease amendment will put the dispute behind us, and will help avoid future disputes. If the expansion of the Convention Center is as successful as we hope, the City's future rental costs may actually be lower under the new lease than they would have been under the old. An improved revenue stream for the Wyndham Hotel and the Convention Center would have kicked the rent into the percentage rent calculation even under the City's interpretation If a new hotel is built on the vacant parcel, the City's revenue will increase dramatically. The rent will remain at the GMAR levels. In addition to the financial changes in the lease discussed above, other important changes have been made in the lease to reduce the potential for disputes between the parties in the future, including: a) the requirement is removed that the City build another hotel when occupancy of the Wyndham reaches 72%; b) language is removed which the allottees believe entitle them to approve subleases or agreements for concessions, catering, parking, use of space, and other event related services; c) the requirement for a rental bond is deleted; d) landlord approval of construction is only required where there is a permanent reduction of space of 10% or more of the floor area; e) contractors and subcontractors can post performance bonds in lieu of the City; f) arbitration provisions are made mutual; g) sovereign immunity is waived; h) default provisions are clarified, and the BIA will act on approvals within 30 days. The original lease was negotiated 20 years ago by SENCA and contained many provisions. We believe these lease changes will be extremely beneficial to the City. The attached resolution approving the Settlement Agreement and Release and the First Amendment to Business Lease— 315 was prepared by the City Attorney's office. Submitted by Approved Thomas M. Kanarr David H. Ready Director of Finance & Treasurer City Manager Attachments: og A � i DRAFT SETTLEMENT AGREEMENT AND RELEASE This Settlement Agreement and Release ("Agreement") is made and executed as of April 7, 2004, by and between the City of Palm Springs, a charter city under the laws of the Sate of California ("CITY"), the Community Redevelopment Agency of the City of Palm Springs, a public body corporate and politic ("AGENCY"), (hereinafter the CITY and AGENCY will be collectively referred to as "LESSEES"), the Business Lease - 315 lessors who are entering into this Agreement (hereinafter "LESSORS") and the Bureau of Indian Affairs, which is an authorized representative of the Secretary of the Interior (hereinafter "BIA,") (hereinafter the LESSORS, the LESSEES and the BIA will be collectively referred to as the"PARTIES"), with reference to the,following definitions and recitals: RECITALS: A. On ,February 28, 1984, 'SENCA Palm Springs Inc., a California corporation (hereinafter "SENCA") and the LESSORS, and/or their predecessors in interest, entered into Business Lease - 315 (hereinafter "LEASE"). A true and correct copy of the LEASE is attached hereto as Exhibit "A," and incorporated herein by this reference. B. On December 31, 1984, the CITY and AGENCY entered into separate subleases with SENCA whereby the CITY and AGENCY subleased the leased premises, as 1. defined in Article 2 and Addendum 1 of the.LEASE (hereinafter "LEASED PREMISES") from SENCA. A true and correct copy of the subleases are attached hereto as Exhibits `B," and "C," and incorporated herein by this reference. C. A dispute has arisen between'LESSORS and LESSEES stemming from the LEASE whereby the LESSORS contend that the LESSEES violated the terms and conditions of the LEASE. Alleged violations of the LEASE include, but are not limited to, allegations that the LESSEES failed to: (1) conduct accounting and audits in accordance with the LEASE requirements; (2) pay for accounting and audits performed by Keith A. Shibou, C.P.A. and/or others in regards to the LEASE; (3) pay percentage rents required by the LEASE for the � 3 W02-8DOW51322383.2 -1- DRAFT calendar years ending December 31, 1997 through December 31, 2004; (4) pay interest on rents due and owing under the LEASE for the calendar years ending December 31, 1997 through December 31, 2004; (5) obtain necessary approvals from the BIA of plans and specifications before beginning construction on the LEASED PREMISES; (6) obtain necessary approvals of substantial changes to plans and specifications after approval by the BIA; (7) complete construction of buildings and improvements in accordance with approved and/or non-approved plans and specifications; (8) complete construction of buildings and improvements within a reasonable time and/or within an approved schedule; (9) obtain required approval from the BIA prior to removal and/or demolition of any improvements and/or buildings on the LEASED PREMISES; (10), provide non-responsibility notices as required by the LEASE; (11) obtain necessary approvals by the BIA of subleases, assignments, transfers, management agreements, vendor agreements, concession agreements and other agreements; (12) provide performance and payment bonds as required by the LEASE; (13) provide rental bonds as required by the LEASE; (14) respond to notice of defaults issued to LESSEES by the BIA; (15) submit environmental assessments and impact statement reports or negative declarations and rulings on said documents to the BIA as required by the LEASE; (16) diligently attempt to keep the LEASED PREMISES and all parts thereof actively used; (17) conduct all business on the LEASED PREMISES in good faith during the regular and customary hours of such businesses and on'all business days during the months of October through June of each calendar year; and, (18) pay LESSORS' attorneys' fees. A true and correct copy of correspondence from Keith A. Shibou dated March 19 and December 3, 2003 which delineates some of the LESSORS' contentions and claims for damages is attached hereto as Exhibits "A" and "E" respectively and incorporated herein by this reference. D. The LESSEES deny each and every of the LESSORS' contentions set forth in paragraph "C" above and deny that the LESSORS are entitled to any damages based on the LESSEES' alleged breaches of the LEASE. ,Hereinafter, all of the LESSORS' claims set forth in paragraph "C" above, any alleged breach of the terms and conditions of the LEASE by i DRAFT LESSORS prior to the EFFECTIVE DATE, hereinafter defined, and the denial thereof by the LESSEES shall be referred to herein as the "DISPUTE". This Agreement shall be effective as of the date the last party signs the SETTLEMENT AGREEMENT which shall hereinafter referred to as the"EFFECTIVE DATE". E. The PARTIES understand and agree that the DISPUTE arose out of and relates to the LEASE. The PARTIES desire to resolve all of the issues raised in the DISPUTE and enter into this Agreement, to FINALLY, FULLY and COMPREHENSIVELY settle the DISPUTE and any legal action which may arise from such DISPUTE if not effectively settled herein, so as to allow the PARTIES to continue their pursuits having fully, finally, comprehensively and conclusively resolved the DISPUTE, as well as all underlying contentions and allegations. AGREEMENT: In consideration of the covenants herein contained, and for good and valuable consideration, the receipt and adequacy of which is hereby acknowledged, the PARTIES hereto hereby agree as follows, in full and complete settlement of the DISPUTE. 1. At the time this Agreement is executed, the PARTIES shall also execute and agree to be bound by the First Amendment to Business Lease - 315 which is attached hereto as Exhibit "F," and incorporated herein by this reference (hereinafter "First Amendment"). The First Amendment provides for compensation due and payable under the lease for the calendar year beginning January 1, 2005 and thereafter. The PARTIES agree that the provisions for compensation set forth in the First Amendment shall control all payments due and owing for the calendar year beginning January 1, 2M0 and thereafter and that no other compensation is due and owing for any calendar years ending before December 31, 2004 other than those specified in Article 2(a), (b) and (c) below. 2. In exchange for the waivers and releases set forth herein, the CITY shall cause to be paid to LESSORS a settlement payment in the amount of five hundred fifty thousand dollars and no cents ($550,000.00) ("SETTLEMENT PAYMENT") in the form of checks DRAFT made payable to "Sheppard, Mullen, Richter&Hampton, LLP, Attorney Trust Account' to be mailed to Richard M. Freeman at Sheppard, Mullen, Richter & Hampton, LLP, 12544 High Bluff Drive, Suite 300, San Diego, California 92130-3051 via certified mail return receipt requested. The SETTLEMENT PAYMENT,shall be made in three payments pursuant to the following payment schedule: (a) The first payment in the amount of two hundred and twenty five thousand dollars and no cents ($225,000.00) shall be paid within (30) days of the EFFECTIVE DATE. Said payment shall be allocated as follows: one hundred thousand dollars ($100,000.00) to Keith A. Shibou Accounting; fifteen thousand dollars ($15,000.00) to Sheppard, Mullin, Richter & Hampton LLP; and the balance of one hundred and ten thousand dollars ($110,000.00)to Lessors according to their respective interests. (b) The second payment in the amount of two hundred and twenty five thousand dollars ($225,000.00) shall be made,by July 31, 2004, said payment shall be allocated as follows: seventy-five thousand dollars ($75,000,.00) to Keith A. Shibou Accounting; ten thousand dollars ($10,000.00)to Sheppard, Mullin, Richter &Hampton LLP; and one hundred forty thousand dollars ($140,000.00) to the Lessors in accordance with their respective interests; and, (c) The third and final payment in the amount of one hundred thousand dollars ($100,000.00) shall be made by July 31, 2005, and shall be paid to Lessors in accordance with their respective interests. 3. The BIA and LESSORS hereby approve the plans and specifications submitted by the CITY to the BIA for the Palm Springs Convention Center Expansion Project—Phase II. 4. The BIA and LESSORS hereby consent to the removal and/or demolition of improvements and/or buildings on the LEASED PREMISES proposed to be undertaken as part of the Palm Springs Convention Center Expansion Project — Phase II and agree that the proposed removal and demolition of improvements and/or buildings as part of the Palm DRAFT Springs Convention Center Project — Phase It does not exceed ten percent (10%) of the value of all improvements on the LEASED PREMISES. 5. The BIA and LESSORS hereby agree that all environmental assessments, environmental impact statements or reports, or negative declarations that were filed with State or local governmental authorities for consideration and copies of all governmental rulings on such documents for the Palm Springs Convention Center Expansion Project - Phase II have been provided to the BIA and the BIA consents thereto. 6. 'Concurrent with execution of this Agreement, the BIA shall execute the "Approval of Supplemental Lease Agreement No. 4 and Third Amended Assignment Agreement"which is attached hereto as Exhibit "G". 7. The PARTIES agree that pursuant to Article 42 of the LEASE, relating to the exercise of any action by the majority of lessors of the LEASE constitutes the action of all of the lessors of the LEASE for items relating to the LEASE and for purposes of settling the DISPUTE and any and all claims related to alleged breaches of the LEASE. 8. LESSORS hereby affirmatively represent that the interests of each LESSOR in the LEASE, as set forth in Exhibit "H," is true, accurate and correct. LESSORS affirmatively represent that the lessors with a minority interest in the LEASE are bound by the entry into this Agreement and the First Amendment by LESSORS and LESSEES. The LESSORS entering into this Agreement shall indemnify and defend and hold the LESSEES and their elective and appointive boards, commissions, officers, agents, attorneys, representatives, and employees, harmless from any and all liability, loss, expense, damage, or claims which may arise directly or indirectly from or in connection with the DISPUTE, the SETTLEMENT PAYMENT and/or the division thereof, any action required to be'taken by this Agreement, any allegation that the representations made in this paragraph are false, and/or any challenge to the validity or legal effect of this Agreement and/or the First Amendment, whether or not there is concurrent passive negligence on the part of the LESSEES or their elective and appointive boards, commissions, officers, agents, attorneys, representatives, and employees. If any person or DRAFT entity successfully challenges the validity of this Agreement and/or the First Amendment or any provision of said agreements, the LESSORS shall immediately repay to the CITY any portion of the SETTLEMENT AMOUNT paid pursuant to this Agreement and any portion of the guaranteed minimum annual rental payment paid pursuant to the First Amendment which exceeds the amount that would have been payable under the LEASE prior to this Agreement. 9. Each party hereto acknowledges and agrees that this is a compromise settlement of the hereinabove mentioned DISPUTE,which is not in any respect to be deemed, construed or treated as an admission or a concession of any liability whatsoever by any party hereto, including any public entity, person, firm, partnership, or corporation for any purpose whatsoever. 10. The PARTIES agree that they have made such investigation of the facts pertaining to this Agreement and all matters,pertaining I hereto as it has determined necessary. This Agreement is intended to be final and binding among the PARTIES hereto, regardless of any claims or misrepresentations, promises made without the intention of performing them, mistakes of fact or law, or any other circumstances whatsoever, and under no circumstances shall any party be entitled to set aside this Agreement, either in whole or in part. Except as provide herein, in entering into this Agreement,, each party assumes the risk of any misrepresentation, concealment or mistake,' whether or not any party should subsequently discover or assert for any reason that any fact relied upon by such a party in entering into these releases was untrue, or that any fact was concealed from any party hereto, or that such party's understanding of the facts or of the law was incorrect or,incomplete. 11. LESSORS, for themselves and all of their predecessors, successors, assigns, representatives, attorneys, agents, and lessors to the LEASE who have not executed this Agreement, do hereby fully and forever release and discharge LESSEES and all of their predecessors, successors, assigns, representatives, attorneys, agents, and employees of and from any and all actions, claims, demands, rights, damages, costs, expenses, attorneys' fees, expert fees, accountant fees, audit fees, consultant fees, other fees, interest, and compensationr� �A( ,1 DRAFT of any nature whatsoever, which LESSORS have or'may hereafter accrue, including without limitation, any and all known and unknown, foreseen and unforeseen claims, damage and injury, relating to, or in any way, directly or indirectly, involving or arising out of any facts or circumstances related to the DISPUTE, and/or breach of the LEASE prior to the EFFECTIVE DATE. DRAFT 12. Except as expressly provided herein, LESSEES, for themselves and all of their predecessors, successors, assigns, representatives, attorneys or agents, do hereby fully and forever release and discharge LESSORS and all of their predecessors, successors, assigns, representatives, attorneys or agents of and from any and all actions, claims, demands, rights, damages, costs, expenses, attorneys fees, expert fees, consultant fees, other fees, interest, and compensation of any nature whatsoever, which LESSEES have or may hereafter accrue, including without limitation, any and all known and unknown, foreseen and unforeseen claims, damage and injury, relating to, or in any way, directly or indirectly, involving or arising out of any facts or circumstances related to the DISPUTE. 13. It is the intention and understanding of the PARTIES hereto, in executing this instrument, that it shall be effective as a full and final accord and satisfaction and compromise and release, of each and every settled or released matter. In furtherance of this intention, the PARTIES acknowledge that they are familiar with Section 1542 of the Civil Code of the State of California which provides as follows: "A general release does not extend to claims which the creditor does not know or suspects to exist in his favor at the time of executing the release, which, if known by him, must have materially affected his settlement with the debtor." Except as provided herein, the PARTIES hereby expressly waive or relinquish any right or benefit which they have, or might have, under Section 1542 of the Civil Code of the State of California and all other similar provisions of law of other jurisdictions to the fullest extent allowed by law. In connection with such compromise, waiver and relinquishment, the PARTIES acknowledge that they are aware that they may hereafter discover facts in addition to or different from those which they now know or believe to be true with respect to the subject matter of this instrument, but that, except as,is expressly provided herein, it is their intention hereby to fully, finally and forever settle and release all matters, disputes and differences, known or unknown, suspected or unsuspected, which do now exist, may exist, or heretofore have existed, and that in furtherance of such intention, the release actually given herein shall be C7%4r`I/() DRAFT and remain in effect as a full and complete general release, notwithstanding the discovery or existence of any such additional or different facts. Richard Milanovich - 8.654% James Saubel Estate - 8.735 % Marcus Pete III - 8.118 % Patricia Schoolcraft-Patencio - 1.553 % Dana Prieto - 4.644 % Corinne Siva - 4.644 % Virginia Milanovich - 8.615 %_ Nancy Bow Soza - 14.604% _ Ray Patencio - 1.553 %_ Leonard Bow - 8.104 % Christine Luker - 12.165 %^ Clarice Bow Dalley -12.399% Beverly Diaz - 1.553 %_ Pricilla Gonzales - 1.553 % J. Patrick Patencio - 1.553 % Winifred Preckwinkle - 1.553 14. In regards to this agreement,,'LESSORS waive their sovereign immunity with respect to this Agreement and the transactions contemplate by this Agreement and hereby waive their sovereign immunity from unconsented to suit by LESSEES or any governmental entity thereof. OTHER TERMS AND PROVISIONS: 1. Governing Law. This Agreement, shall be governed and interpreted in accordance with applicable federal and state law subject to any applicable arbitration provision in the Lease. The PARTIES expressly agree that any disputes,, disagreements or actions shall be venued with-the Federal Court in the County of Riverside, State of California. The PARTIES stipulate that they are subject to the jurisdiction of the County of Riverside Federal Court and hereby expressly waive any defense to assertion of jurisdiction by that court in such an action, subject to any arbitration provisions. 2. Integrated Agreement. This Agreement contains the entire understanding and agreement between the PARTIES, and the terms and,conditions contained herein shall inure to the benefit of, and be binding upon, the heirs, representatives, successors and assigns of each of i the PARTIES hereto. No other representations, covenants, undertakings, or other prior or WOMRDF8\51322383.2 -9- DRAFT contemporaneous agreements, oral or written, respecting such matters, which are not specifically incorporated herein, shall be deemed in any way to exist or bind any of the PARTIES hereto. The PARTIES hereto acknowledge that this Agreement has been executed without reliance upon any such promise, representation, or warranty not contained herein. 3. Modification. No supplement, modification or amendment of this Agreement shall be binding unless executed in writing by the PARTIES. No waiver of any of the provisions of this Agreement shall be deemed to constitute a waiver of any other provision whether or not similar, nor shall waiver constitute a continuing waiver. No waiver shall be binding unless executed in writing by the party making the waiver. 4. Binding on Successors. This Agreement and the covenants and conditions contained herein shall obligate, bind, extend to and inure to the benefit of the PARTIES in each of their respective successors in interest, including, but not limited to, their administrators, executors, owners, partners, officers, directors, shareholders, legal representatives, assignees, attorneys, successors, and agents or employees of the PARTIES hereto. 5. Representation of LESSORS. LESSORS affirmatively represent that Lessors representing a majority interest under the Lease have retained, pursuant to Article 43 of the Lease, Sheppard, Mullen, Richter & Hampton LLP, of San Diego, California, who are attorneys at law of LESSORS' own choosing. LESSORS have read this Agreement and have had the terms used herein and the consequences thereof explained by their above-named attorneys of choice. 6. Representation of BIA. The BIA has read this Agreement and has been represented by the Office of the Solicitor General, Department of Interior, Palm Springs, California, its attorneys of choice. The BIA has read this Agreement and has had the terms used herein and the consequences thereof explained by its above-named attorneys of choice. 7. Representation of LESSEES. LESSEES have read this Agreement and have had the terms used herein and the consequences thereof explained by Aleshire & Wynder, LLP, of Irvine, California, their attorneys of choice. LESSEES have read this Agreement and DRAFT have had the terms used herein and the consequences thereof explained by their above-named attorneys of choice. 8. Construction. This Agreement shall not be construed against the party preparing it, but shall be construed as if all PARTIES jointly prepared this Agreement. Any uncertainty and ambiguity shall not be interpreted against any one party. This Agreement is to be performed in California and it is to be interpreted, enforced, and governed by and under the laws of the State of California. Language in all parts of the Agreement shall be in all cases construed as a whole according to its very meaning. 9. Fees and Costs. All attorneys' fees, accounting fees, audit fees, expert fees, and costs incurred through the date of this Agreement shall be borne by the respective PARTIES and each party agrees to waive any claim; or claims, against any of the other PARTIES for the reimbursement of all, or any portion of said fees or costs. Should suit be brought to enforce or interpret any part of this Agreement, the prevailing party shall not be entitled to recover attorneys' fees. 10. Gender Neutral. Whenever in this (Agreement the context may so require, the masculine, feminine and neutral genders shall be each, deemed to include the other and the singular and the plural shall refer to one another. 11. Counterparts. This Agreement may be executed in duplicate counterparts, each of which shall be deemed an original'and all of which shall constitute an agreement to be effective as of the date of signing. Further, ;signatures transmitted and memorialized by facsimile shall be deemed to have the same weight and effect as an original signature. The PARTIES may agree that an original signature will be substituted at some later time for any facsimile signature. 12. Captions and Interpretation's.) The paragraph titles and captions are inserted i in this Agreement as a matter of convenience. As such, the paragraph titles or captions are not intended to define or describe the scope of any provision. DRAFT 13. Invalid Clause May Be Severed. If any provision, clause, or part of the Agreement is adjudged illegal, invalid or unenforceable, the balance of this Agreement shall remain in full force and effect. i [SIGNATURES ON FOLLOWING PAGES] I , ♦ �// DRAFT I have carefully read and fully understand, and hereby execute, this Agreement. "LESSORS" Dated: Richard Milanovich, 8.654% interest in Business Lease- 315 Dated: James Saubel Estate, 8.735%interest in Business Lease- 315 Dated: Marcus Pete III, 8.118 % interest in Business Lease - 315 Dated: Patricia Schoolcraft-Patencio, 1.553% interest in Business Lease - 315 Dated: Dana Prieto, 4.644%interest in Business Lease - 315 Dated: Corinne Siva, 4.644% interest in Business Lease- 315 [SIGNATURES CONTINUED ON FOLLOWING PAGES] DRAFT Dated: Virginia Milanovich, 8.615%interest in Business Lease - 315 Dated: Nancy Bow Soza, 14.604% interest in Business Lease- 315 Dated: Ray Patencio, 1.553% interest in Business Lease— 315 Dated: Leonard Bow, 8.104% interest in Business Lease —315 Dated: Christine Luker, 12.165% interest in Business Lease—315 Dated: Clarice Bow Dalley, 12.399% interest in Business Lease—315 Dated: Beverly Diaz, 1.553% interest in Business Lease— 315 /A [SIGNATURES CONTINUED ON FOLLOWING PAGES] DRAFT Dated: Pricilla Gonzales, 1.553% interest in Business Lease—315 Dated: J. Patrick Patencio, 1.553%interest in Business Lease—315 Dated: Winifred Preckwinkle, 1.553% interest in Business Lease—315 APPROVED AS TO FORM: SHEPPARD, MULLIN, RICHTER&HAMPT'ON, LLP By: RICHARD M. FREEMAN, ESQ. Attorneys for [Note: Need to List Names] / 7 [SIGNATURES CONTINUED ON FOLLOWING PAGES] DRAFT i I have carefully read and fully understand, and hereby execute, this Agreement. "LESSEES" THE CITY OF PALM SPRINGS, a Charter City By: DAVID H. READY, City Manager, City of Palm Springs THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, a Public Body Corporate and Politic By: DAVID H. READY, Chairman of the Community Redevelopment Agency of the City of Palm Springs ATTEST: By: TRISHA SANDERS City Clerk of the City of Palm Springs& Secretary of the Community Redevelopment Agency of the City of Palm Springs APPROVED AS TO FORM: ALESHIRE&WYNDER, LLC By: DAVID ALESHIRE City Attorney of the City of Palm Springs & the Community Redevelopment [SIGNATURES CONTINUED ON FOLLOWING PAGE] DRAFT Agency of the City of Palm Springs I have carefully read and fully understand, and hereby execute, this Agreement. "BIA" BUREAU OF INDIAN AFFAIRS By: Its: Director of Palm Springs Field Office Bureau of Indian Affairs APPROVED AS TO FORM: By: Robert McCarthy, Attorney for Bureau of Indian Affairs [END OF SIGNATURES] DRAFT LIST OF EXHIBITS EXIIIBIT A..........................Palm Springs Lease 315 EXHIBIT B ..........................Sublease between SENCA and Community Redevelopment Agency of the City of Palm Springs EXHIBIT C..........................Sublease between SENCA and the City of Palm Springs EXHIBIT D..........................Correspondence from Keith A. Shibou dated March 19, 2003 EXHIBIT E ..........................Correspondence from Keith A. Shibou dated December 3, 2003 EXHIBIT F...........................First Amendment to Business Lease 315 EXHIBIT G..........................Approval of Supplemental Lease Agreement No. 4 and Third Amended Assignment Agreement EXHIBIT H..........................Designation of Lessors'Percent Interest DRAFT EXHIBIT G UNITED STATES DEPARTMENT FO THE INTERIOR BUREAU OF INDIAN AFFAIRS APPROVAL OF SUPPLEMENTAL LEASE AGREEMENT NO. 4 AND THIRD AMENDED ASSIGNMENT AGREEMENT The Secretary of Interior (the "Secretary"), pursuant to Business Lease 315 and any addenda thereto ("Business Lease 315"), hereby approves of the execution and delivery of(a) Supplemental Lease Agreement No. 4, by and between the Authority and the City of Palm Springs and (b) the Third Amended Assignment Agreement, between the Authority and BNY Western Trust Company, as trustee, in connection with issuance by the City of Palm Springs Financing Authority (the "Authority") of its Lease Revenue Bonds, 2004 Series A (Convention Center Expansion Project) (the "Bonds"). The Bonds are being issued to refund certain outstanding bonds of the Authority and to expand the convention center facilities for the City of Palm Springs, which convention center is located on certain Indian lands. All conditions precedent to approval;by the Secretary of the above-referenced agreements pursuant to Business Lease 315 have been met or are hereby waived. In witness whereof the undersigned has executed this written approval as of 2004. i Director Palm Springs Field Office Bureau of Indian Affairs Pursuant'to the authority delegated by 209 DM 1. an 3 IAM 4 and Sacramento Redelegation Order No. 1 (43 F,R, 3 013 1, dated July 13, 1978). I, DRAFT EXHIBIT H LESSORS: PERCENTAGE: Richard Milanovich 8.654 James Saubel Estate 8.735 Marcus Pete III 8.118 Patricia Schoolcraft-Patencio 1.553 Dana Prieto 4.644 Corinne Siva 4.644 Virginia Milanovich 8.615 Nancy Bow Soza 14.604 Ray Patencio 1.553 Leonard Bow 8.104 Christine Luker 12.165 Clarice Bow Dailey 12.399 Beverly Diaz 1.553 Priscilla Gonzales 1.553 J. Patrick Patencio 1.553 Winfred Preckwinkle 1.553 Total 100 FIRST AMENDMENT TO BUSINESS LEASE-315 Agua Caliente (Palm Springs)Reservation Dated April 2004 ��� �3 FIRST AMENDMENT TO BUSINESS LEASE-315 Agua Caliente (Palm Springs)Reservation THIS FIRST AMENDMENT TO BUSINESS LEASE-315 ("First Amendment"), made and entered into as of April 1 2004, by and between the parties identified below as "LESSOR" and "LESSEE" and amends and supplements that certain BUSINESS LEASE-315, dated February 28, 1984 (the"Original Lease")by and between LESSOR and LESSEE: LESSOR: Leonard Charles Bow Ray Leonard Patencio Joseph Patrick Patencio Ruth Elaine Patencio Beverly Patencio Diaz Thomas I. Siva Corinne Welmas Siva Priscilla Patencio Gonzales Clarice Bow Mathews Nancy Marie Bow Soza James Steve Sauble Germaine Pico Arenas Christine Shores Luker Marcus Joseph Pete, III Virginia Ann Milanovich Winifred Patencio Preckwinkle Richard Michael Milanovich LESSEE: City of Palm Springs, a mumbipal corporation, an approved assignee of SENCA Palm Springs, Inc., a California corporation, an approved assignee of Shale Energy Corporation of America, a Texas corporation under the provisions of the Act of August 9, 1955, 69 Stat 539, as amended 25 U.S. C. 415 and as supplemented by Part 131 - Leasing and Permitting, of the Code of Federal Regulations, Title 25 - INDIANS, and any amendments thereto relative to Business leases on restricted Indian lands, all of which by reference are made a part hereof(the"Act"). RECITALS WHEREAS, on February 28, 1984, Lessor and Lessee entered into the Original Lease whereby Lessor leased to Lessee the lands and improvements thereon described and identified by original allottee number and name in Addendum 1 hereto, such lands being a part of the Agua Caliente (Palm Springs) Reservation situated in Riverside County, California (the "Master leasehold Estate"); and WHEREAS, on December 31, 1984, Lessee subleased a portion of the Master leasehold Estate (the "Wyndham Property") to the Community Redevelopment Agency of Palm Springs pursuant to the Wyndham Hotel Sublease (the"Wyndham Hotel Sublease"); and WHEREAS, on December 31, 1984, Lessee subleased a portion of the Master leasehold Estate ("Convention Center Property") to the City of Palm Springs Public Facilities Corporation pursuant to the Convention Center Sublease (the"Convention Center Sublease"); and WHEREAS, pursuant to an Agreement of Assignment, dated September 29, 1989, City assumed all of the obligations of SENCA Palm Springs Inc. under the Original Lease, the Wyndam Hotel Sublease and the Convention Center Sublease; and WHEREAS, the City of Pahn Springs ("City") has constructed and operates a convention center on the Convention Center Property and has caused the construction of a hotel on the Wyndham Property; and WHEREAS, City has requested that Lessor, Lessee and the Secretary of the Interior of the United States of America ("Secretary") amend the Original Lease to clarify and modify certain provisions of the Original Lease; and WHEREAS, Lessor, Lessee and Secretary have agreed to such modifications and clarifications; and WHEREAS, pursuant to Article 41 of the Original Lease, this First Amendment will become valid upon execution by the parties hereto and approval of the Secretary. In consideration of the mutual covenants hereinafter contained and for other valuable consideration, the parties hereto do hereby agree as follows: WITNESSETH Section 1. Authority. This First Amendment is entered into pursuant to Article 41 of the Original Lease and pursuant to the Act. Section 2. Related Agreements. The parties hereto acknowledge the existence and validity of the following agreements and hereby approve of, and consent to, the modifications pursuant to this First Amendment being included in, the agreements, by reference therein, pursuant to the terms of: (a) the Wyndham Hotel Sublease; and (b) the Convention Center Sublease. Section 3. Definitions in General. The terms contained herein and not defined herein have the meanings ascribed to them in the Original Lease; Section 4. Addenda to First Amendment: Addenda 1 and 2 attached hereto are by this reference incorporated in this First Amendment and made a part hereof. Section 5. Amendment to Article 3 of Original Lease. Article 3 of the Original Lease is hereby deleted in its entirety and replaced as set forth below: ARTICLE,3 DEFINITIONS A. The term "adversely affect Lessor's potential interest in the lease" shall mean that the demolition or removal of an improvement or structure will result in the permanent reduction of the gross floor area of all improvements and structures by more than ten percent (10%). The term "permanent" as used in this definition shall mean that the gross floor area of all improvements and structures to be replaced is not replaced within two (2) years of the date that the improvements and structures were actually removed. B. The term "approved encumbrance" herein shall mean an encumbrance and any addition or extension thereto approved by the Secretary. "Encumbrancer" shall mean the owner and holder of an approved encumbrance. C. The terms "guaranteed annual rental" or "GAR" shall have the meaning assigned thereto in Article 6 of this lease. D. The term "leased premises" shall mean the property described in Article 2 to this lease. E. The term "Secretary" means Secretary of the Interior or his authorized representative. Section 6. Amendment to Article 6 of lease Agreement. Article 6 of the Original Lease is hereby deleted in its entirety and replaced as set forth below: ARTICLE 6 RENTALS A. The Lessee, in consideration of the foregoing, agrees to pay in lawful money of the United States of America the guaranteed annual rental as hereafter defined. B. The tern"guaranteed annual rental" or"GAR" shall mean: (1) With respect to the years prior to the end of the calendar year 2004, eight percent (8%) times the greater of either: (a) Six dollars ($6.00) per square foot times forty-three thousand, five hundred and sixty (43,560) square feet times the total net acreage of the leased premises as determined by the Secretary; or (b) The fair market value of the leased premises (as determined by an appraisal of the leased premises taken as whole and conducted during calendar year 1984) less cumulative payments, including amounts held in trust by the courts with respect to a condemnation of existing leases encumbering the leased premises made prior to the due date of the GAR by Lessee to third parties or to Lessor with'respect to the termination of said existing leases; and (2) With respect to the calendar years 2005 to the end of the calendar year 2009, $1,200,000; and (3) With respect to the calendar year 2010 and every five (5) calendar years thereafter, the GAR for 'the prior calendar year plus the Adjustment Factor as described in Section C below (such that the GAR shall readjust every five (5) years, as of December 31 of such fifth (5111) year, after remaining constant for five years): C. The "Adjustment Factor" shall, mean that the GAR shall be adjusted upward at the end of each five (5) year period (unless adjusted in accordance with Section D below), beginning in 2010 and thereafter by the same percentage as the cost of living index has increased during the prior (5) year period, provided that in no event shall the percentage increase on the GAR exceed thirty percent (30%) for any such five (5) year period (i.e. over the GAR for the previous five (5) years). The cost of living index to be used is that reflected by the Revised Consumer Price Index for All�Urban Consumers, all items, Los Angeles-Riverside-Orange Co., California (1982-84=100), published by the Bureau of Labor Statistics of the U.S. Department of Labor. If, for any reason whatsoever, there is any change in the method of calculation or formulation of said price index, or if that index shall no longer be published, then another index generally recognized as authoritative shall be substituted by agreement of the parties or if approved by the Secretary. In any,event, the base used by any new index shall be reconciled to the 1967 Index. ,It is agreed for the purposes of this lease that the base index shall be that of the month and year this lease commences and shall be incorporated herein as Exhibit"A". D. Notwithstanding Section C hereof, every ten (10) calendar years, beginning in calendar year 2015 and every ten (10) years following 2015, the GAR shall be brought to current market value as follows: (1) An appraisal,of the current value of the land (not including improvements) will be performed and completed by the Bureau of Indian Affairs, Palm Springs Regional Office (`BIA") at least six (6) months prior to the time that the GAR is to be;adjusted in accordance with this section. The date of value will be January 1 of the year proceeding the year that the GAR is to be recalculated (`Valuation Date") (i.e. for the calendar year 2015 the parties agree that the valuation date used for the appraisal will be January 1, 2014). The Lessors and Lessee will each pay one-half(1/2) of the cost of the BIA'appraisal. Within thirty (30) days of the completion of the appraisal by the BIA, the parties shall notify each other in writing whether they agree with the BIA's appraisal. If all parties agree with the BIA's appraisal then the GAR will be set at 8% of the total appraised value of the land (not including improvements) during the initial term of the lease. The GAR,will be,set,at ten percent (10%) of the total appraised value of the land during any extended period of the lease if the lease is extended for 25 years as provided for in Article 4 of this lease. (2) If either party disagrees,with any appraisal performed by the BIA, then both parties shall hire,their own California MAI licensed P) AL appraiser to value the land (not including improvements) as of the Valuation Date. The independent appraisals by both the Lessors and Lessee shall be completed at least two,(2) months prior to the time that the GAR is to be adjusted in accordance with this section and shall be mutually exchanged at the same time. 1,Lessors and Lessee shall each bear their own cost of any appraisal performed pursuant to this section. The parties agree that the appraised value of the land (not including improvements) shall be determined by taking the average value of the two (2) appraisals that have the least numerical difference (i.e. if the BIA's appraiser values the land at'$102, the Lessee's appraiser values the land at $95 and the Lessor's appraiser values the land at $106, the value of the land would be determined by adding the amount of$102 plus $106 for a total of$208 and divide by 2, for a total; assessed value of$104). In the event that the numerical difference between the appraisals is the same, the assessed value of the land will be determined by averaging the three (3) appraisals together. The GAR will then be set at 8% of the total appraised value of the land (not including improvements) as determined by this section during the initial term of the lease. The GAR will be set at 10% of the total appraised value of the land,;during any extended period of the lease if the lease is extended for 25 years as provided for in Article 4 of this lease. Section 7. Amendment to Article 7 of Original Lease. The first and second paragraphs of Article 7 of the Original Lease are hereby deleted and replaced with the following language: Guaranteed annual rental shall be paid in advance to the Bureau of Indian Affairs for the account of Lessor on or before each anniversary date of this lease unless and until Lessee is notified in writing by the Secretary to do otherwise. At any time after approval of this lease the parties may agree to have rental payments made at other specific intervals during the lease year but payments may not be made on less than a one-month interval. Upon receiving written notice from the Secretary, Lessee shall make rent payment accordingly, commencing with the next rental due date. s : Section 8. Amendment to Article 8 of the Original Lease. Article 8 of the Original Lease is hereby deleted in its entirety and replaced as set forth below: ARTICL) 8 PLANS AND DESIGNS Lessee shall be required to obtain approval of comprehensive plans and specifications for proposed improvements from the Secretary prior to beginning construction or demolition on any improvements if the planned construction or demolition will adversely affect the Lessor's potential interest in the lease. Such approval shall be obtained in accordance with Article 44 of this lease. Lessee is '� `�►41 S�? y responsible for obtaining licenses and permits required or necessary for the construction of any structure or improvements on the leased premises or for performance of any work required hereunder. Section 9. Amendment to Article 9 of the Original Lease. Article 9 of the Original Lease is hereby deleted in its entirety. Section 10. Amendment to Article 12 of the Original Lease. The second paragraph of Article 12 of the Original Lease is hereby deleted in its entirety and replaced with the paragraph set forth below: Lessee shall pay all premiums and other charges for such insurance and shall deposit with the Secretary evidence, acceptable to the Secretary, that said premiums or other charges have been paid. Lessee hereby agrees that damage to or destruction of any building or improvement on the leased premises at any time by fire or any other casualty whatsoever shall not cause termination of this lease or authorize the Lessee or those claiming by, through, or under it to quit or surrender possession of said lands or any part thereof, and shall not release the Lessee in any way from its liability to pay Lessor the rents hereinabove provided for or from any other agreements„covenants, or conditions of this lease. In the event of damage to any improvements on the leased premises, the Lessee shall reconstruct the improvement in compliance with applicable laws and building regulations and in accordance with Article 8 PLANS AND DESIGNS, hereof. As provided in Article 8 hereof, such plans and specifications shall require approval of the Secretary if they adversely, affect the Lessor's potential interest in the lease. Such reconstruction shall commence within two (2) years after the damage occurs and shall be pursued diligently. Insurance proceeds shall be deposited in escrow with an institution approved by the Secretary. Section 11. Amendment to Article 114 of the Original Lease. Article 13 of the Original Lease is hereby amended to add the following language thereto: To the fullest extent permitted by law:Lessee shall indemnify Lessor, hold Lessor harmless from, and defend Lessor against any and all claims, losses, costs, damages, expenses, or liabilities, including', without limitation reasonable attorneys' fees and costs of defense, for any,injury or damage to any person or property whatsoever, regardless of the:cause, of such injury or damage, including, but not limited to any neglect,; fault, or omission of Lessor, or any of them, whether,arising before, on or after the date of this lease; provided, however, that the obligations under this indemnity with respect to any act, neglect, fault or omission of Lessor shall not include the willful 'misconduct of the Lessor, or any of them, The foregoing indemnity obligations of Lessee shall not require payment by Lessor as a condition precedent to recovery from Lessee. In addition, if any person not a party to this lease shall institute any other type of action against Lessee for which Lessor is to be held`harmless by Lessee pursuant to this lease, and in which Lessor, involuntarily and without cause, shall be made a party defendant, Lessee shall indemnify Lessor, hold Lessor harmless from, and defend Lessor against all liabilities by reason thereof. The obligation under this indemnity shall not extend to any liability in�'connection with any environmental protection requirements, it being !understood that Lessee's environmental indemnity obligations under this lease shall be as set forth in the fourth unnumbered paragraph of Article 47 hereof. Section 12. Amendment to Article'14 of the Original Lease. Article 14 of the Original Lease is hereby deleted in its entirety. Section 13. Amendment to Article 16 of the Original Lease. Article 16 of the Original Lease is hereby deleted in its entirety and replaced with the following language: ARTICLE 16 CONSTRUCTION, MAINTENANCE, REPAIR, ALTERATION All improvements placed on the leased premises shall be constructed in a good and workmanlike manner and in compliance with applicable laws and building codes. All parts of buildings exposed to perimeter properties shall present a pleasant appearance and all, service'areas shall be screened from public view. Subject to Articles 6 and 10, Lessee shalb have the right at any time during the term of this lease to make alterations, additions, or repairs to any improvement on the leased premises. The Lessee shall, at all times during the terms of this lease and at the Lessee's sole cost, and expense, maintain the premises and all improvements thereon in good order and -repair and in a neat, sanitary and attractive condition and in compliance with .applicable laws, ordinances, or regulations. Section 14. Amendment to Article 17 of the Original Lease. Article 17 of the Original Lease is hereby deleted in its entirety. Section 15. Amendment to Article 18 of the Original Lease. Article 18 of the Original Lease is hereby amended by adding the following language as a final paragraph: Notwithstanding anything in this Article 18 to the contrary, the provisions of Section A of this Article 18 may be satisfied by performance or payment bonds from the designated contractor or subcontractor with respect to the construction of such improvement executed in favor of Lessor and Lessee as claimants in the amount of the cost of each building or other improvement. Said bond(s) shall be deposited with the Secretary pursuant to Section A hereof. Said bond(s) shall be conditioned upon the faithful performance of the contractor and give all claimants the right of action to recover upon said bond(s) in any suit brought to foreclose mechanics' liens or materialmen's liens against the leased premises. �3V 1 Section 16. Amendment to Article 20 of the Original Lease. Article 20 of the Original Lease is hereby deleted and replaced in its entirety to read as set forth below: Article 20 AGREEMENTS, SUBLEASES & ASSIGNMENTS A. The Lessee shall be required to obtain written permission from the Secretary prior to entering into any agreement for the management of the leased premises with any of the following: (1) an Indian tribe besides the Agua Caliente Band of Cahuilla Indians; or (2) any person or entity that manages a casino or gaming operation for an Indian tribe or for a member of an Indian tribe besides the Agua Caliente Band of Cahuilla Indians within fifty (50) miles of the leased premises. The Secretary shall approve or. deny any request to enter into a sublease with the foregoing persons or entities in accordance with Article 44 of this lease. B. Except as provided in Section A of this Article, the Lessee shall not be required to have any sublease or agreement approved by the Secretary including, but not limited to, subleases and agreements related to the renting or use of: (1) hotel and conference rooms; (2) commercial or office spaces; (3) kitchens; (4) storage and supply areas; (5) board or care rooms; (6) exhibition halls; (7) banquet rooms; (8) function rooms; (9) trailer or mobile home spaces; (10) apartment units; (11) residential,lots; (I 2) parking lots, or any other services whatsoever, but excluding any assignment of.Lessee's interest in this lease, which shall require Secretary's approval. Except as provided in Section A of this Article, the Lessee shall not be required to have any sublease or agreement a proved by the Secretary for services performed on the leased premises including, but;not limited to, the following: (1) concessions; (2) catering; (3) food and,beverage; (4) parking; (5) audio-visual; (6) electrical; (7) tents and equipment; (8) event-related services, or any other services whatsoever. Any sublease entered into shall be in writing and contain a provision that in the event of conflict between the provisions;of this lease and of said sublease, the provisions of this lease shall govern. No; sublease shall release the Lessee from any obligation under this lease or substitute the sublessee for the Lessee hereunder. C. Where approval of subleases and',agreements is required in Section A of this Article, the Lessee shall obtain the ,written approval of the Secretary pursuant to the provisions of Article 44 of this lease, provided that the requirements for approvals of any assignment or transfer necessary for Lessee or any sublessee to secure an encumbrance on a leasehold interest shall be governed by the provisions of Article 24, ENCUMBERANCE. No such assignment or transfer shall be valid or binding without said approval, and then only upon the condition that the assignee or other successor in interest, excepting an approved encumbrance under conditions set,forth herein, shall agree in writing to be bound by each and all covenants and conditions of'this lease. Any such assignment or transfer, except as aforesaid, shall be deemed a breach of this lease, excepting that an encumbrancer, as set forth herein, may, enforce his rights in the manner hereinafter provided. No assignment of transfer; subletting, mortgaging, or other encumbering of Tenant's interest in this lease,'Shall relieve Lessee of its obligation to pay the rent and to perform all of the other obligations to be performed by Lessee hereunder. The acceptance of rent by the Secretary from any person other than Lessee shall not be deemed to be a waiver by the Secretary of any provision of this lease or to be a consent to any subletting, assignment, mortgaging, or other encumbering of the Premises. Consent to one assignment, subletting, mortgaging, or other encumbering shall not be deemed to constitute consent to any subsequent attempted subletting, assignment, mortgaging,,or'other encumbering. If a proposal to assign this lease to a 'qualified assignee or other successor in interest is submitted while a default in this, lease exists, the Secretary will not be obligated to consider said proposal until the,lease is restored to good standing. Section 17. Amendment to Article 30 of the Original Lease. Article 30 of the Original Lease is hereby deleted in its entirety and replaced as set forth below: ARTICLE 29 ARBITRATION Whenever the terms of this lease require that a dispute be settled by nonbinding arbitration, an Arbitration Board shall be established, consisting of three members, one each to be selected by the Secretary and the Lessee, and such members to select the third member. The costs of such Arbitration Board shall be shared equally by the Lessee and the Lessoi. .The parties shall be expected to accept decisions reached by said Arbitration Board, but they shall not be bound thereby. Section 18. Amendment to Article 30 of the Original Lease. Article 30 of the Original Lease is hereby deleted in its entirety and replaced as set forth below: ARTICLE 30 DEFAULT A. Time is of the essence in this lease. B. In the event of an alleged default by either party in the performance of any of the covenants or conditions of this lease, the non- defaulting party shall give written notice (the "Initial Notice") citing the alleged defaults in the lease and allowing the defaulting party to be given the opportunity to cure such alleged default. Except in the;event of a "Monetary Default" (as hereinafter defined), the defaulting party shad be given sixty days (60) plus any N 194z , 1 extension period that may be granted as hereinafter provided (the "Cure Period") from receipt of the Initial Notice to cure the alleged default. For any default other than a Monetary Default, the non-defaulting party or the Secretary may grant, in its sole and absolute discretion, an extension of time beyond said sixty (60) days if requested by the defaulting party and if the defaulting party is acting in good faith and diligently to cure said default. Upon failure of the defaulting party to cure such default within the Cure Period" the non-defaulting party or the Secretary, shall give written notice to'the defaulting party citing the defaults (such notice following the Cure Period to be called the"Default Notice"). C. Within ten (10) business days of receipt of the Default Notice, the defaulting party must do any one or more of the following: (1) cure the default; i (2) dispute the Secretary's or non-defaulting party's determination that a default has occurred and/or explain why the lease should not be cancelled; or (3) Request additional time to cure the violation pursuant to a written request. If Lessee cures the violation pursuant to'.subsection(1) of this Section C, no further action under this Article 30 shall be taken. If Lessee disputes the violation(pursuant to subsection (2) of this Section C) or requests additional time to cure (pursuant to subsection (3) of this Section C), the non-defaulting party or the Secretary may, in its sole and absolute discretion, grant an additional Cure Period or may proceed with the remedies provided herein. D. Except for any Monetary Default or any other material default, in the event a default is not cured within the Cure Period, the non-defaulting party may request that the dispute be resolved through non-binding arbitration in accordance with Article 29 by giving a written notice of election of arbitration (the "Notice of Arbitration"). In the event"the default is a material default, or following any decision by the Arbitration Board, the non-defaulting party may proceed as provided hereunder. A "material default" shall include (i) the failure to pay any monies or to post bond, as required by the terms of this lease, and if such default shall continue uncured for the period of ten (16) days after the Initial Notice (a "Monetary Default"); rop vided,;however that any Initial Notice shall be in lieu of, and not in addition to, any notice otherwise required under applicable law; and provided, further, that Lessee shall not be entitled to an Initial Notice for a Monetary Default in the event more "than two (2) notices within any twelve (12) month period have been given to Lessee because cif such failure; or (ii) the breach of any other substantial covenant of this lease,;and if the breach shall continue uncured for a period of sixty(60) days after the issuance of Initial Notice. E. After compliance with the foregoing provisions, if the default is still uncured, the non-defaulting parry or Secretary may proceed by suit or otherwise to enforce collection or to 'enforce zany other material provision of this lease. Lessee and Lessor hereby waive their sovereign immunity with respect to the transactions contemplated by this lease and the agreements listed in Section 2 of the First Amendment. Lessor hereby waives its sovereign immunity from unconsented suit by the City of Palm!Springs,or any governmental entity thereof. Lessee hereby waives its sovereign immunity from unconsented suit by the Secretary or Lessor. Lessee and Lessor hereby!consent to suit in a federal court located in County of Riverside, California; with respect to the transactions contemplated by this lease and the agreements' listed in Section 2 of this First Amendment. Except in the case of any material default, as a pre-condition to any such suit, Secretary and Lessee agree to first attempt an informal resolution or arbitration of any such dispute as provided in Article 29. F. After compliance with the foregoing provisions, if the default is still uncured, the Secretary, on behalf of Lessors, may re-enter the premises and remove all persons and property therefrom and'either: (1) re-let the premises without terminating this lease, as the agent and for the account of Lessee, but without prejudice to the right to terminate the lease thereafter, and without invalidating any right of Lessor and the Secretary or any obligation of Lessee hereunder. Terms and conditions of such re-letting shall be at the discretion of the Secretary, who shall have the right to alter and repair the leased premises as he deems advisable, and to re-let with or without any equipment or fixtures situated thereon. If a sufficient sum is not thus realized to liquidate the total amount due, including attorney's fees and real estate commission paid, Lessee shall pay to Lessor monthly, when due, any deficiency, and the Secretary may sue thereafter each monthly deficiency shall arise; or (2) terminate this lease at any time even though the Secretary has exercised rights as outlined above, in which case the Lessee shall quit and surrender the leased premises to Lessor but shall remain liable for any obligations not discharged by such termination. G. (i) Any action taken or suffered' by Lessee as a debtor under any insolvency or bankruptcy act, a general assignment by Lessee for the benefit of creditors, whether or not there exists any proceeding under an insolvency or bankruptcy law; (ii) the filing by or against Lessee of any proceeding under an insolvency or bankruptcy law, unless in the. case of a proceeding filed against Lessee the same is dismissed within sixty (60) days; (iii) the appointment of a trustee or receiver to take possession of the, lease or the leased premises as an asset of Lessee, unless possession is restored to Lessee within thirty (30) days; or (iv) any execution or other judicially authorized seizure of Lessee's assets located upon the leased premises or of Lessee's interest in this lease, unless such seizure is discharged within thirty (30) days, shall constitute a breach of this lease. In such event the Secretary shall have the option&set forth above. H. At least sixty (60) days prior to termination of this lease for default, the Secretary shall give notice in writing to the encumbrancer, in the form of a copy of the Default Notice expressing the intention to terminate and describing said default or breach. When the default or breach can be cured by the payment or expenditure of money, this lease will not be terminated if the encumbrancer will promptly notify the Secretary of its intent to cure and, within, thirty (30) days after receipt of said written notice to terminate, the encumbrancer shall cure the default or breach; provided that such cure right shall be limited to one time in any calendar year. Whenever the encumbrancer exercises any right on a default situation, the encumbrancer shall be bound to comply with all of the obligations and conditions of the lease. When the defaulted breach cannot be cured by the payment or expenditure of money, this lease will not be terminated if the encumbrancer shall promptly notify the Secretary of its intent to foreclose and within the said thirty (30) day period initiate; and thereafter diligently pursue to completion, proceedings for foreclosure and sale under and pursuant to the terms of the encumbrance. However, during and; until the completion of such foreclosure proceedings, the encumbrancer shall pay the rents due and payable by the Lessee 'under this lease; shall maintain an insurance as required by this lease; shall pay all taxes due and unpaid on the taxable"property covered by this lease; shall begin the cure of any other default or;breach not curable by payment or expenditure of money which can reasonably be:undertaken by the encumbrancer; and shall diligently prosecute,the said cure of such default or breach until the leasehold is either sold upon foreclosure pursuant to the terms of the encumbrance or released or reconveyed thereunder. In case a default or breach on the part of the Lessee occurs preceding, during, or due to the bankruptcy, receivership, or insolvency of the Lessee, and the encumbrancer, prior to the receipt of the notice of intent to terminate described herein or within forty-five (45) daysi after the receipt there of, shall have filed in the court having jurisdiction over such bankruptcy receivership or insolvency a petition for permission to fore0os9t the filing of such petition shall be deemed to be the beginning oflforeclosure;proceedings for the purposes of this paragraph. The bankruptcy, receivership, ,,or insolvency of Lessee shall be considered a breach which ca n not reasonably be cured by encumbrancer and one not curable by the payment of money. I. No waiver of a breach of any of the covenants of this lease shall be construed to be a waiver of any succeeding. breach of the same or any other covenant. Nothing in this lease shall prohibit .or prevent the Secretary from pursuing on behalf of the Lessor any remedy they may have under law for the breach of any covenant of this lease. ��a J. Lessee hereby waives, for Lessee, its subtenants and encumbrancers and for all those claiming under Lessee, any and all rights now or hereafter existing to redeem by order or judgment of any court or by any legal process or writ, Lessee's or such other'persons'!right of occupancy of the leased premises after any termination of the lease. , Section 19. Amendment to Article 33 of the Original Lease. Article 33 of the Original Lease is hereby deleted in its entirety and replaced as set forth below: ARTICLE 33 NO PARTNERSHIP; OPERATION OF BUSINESS Lessee and Lessor are not joint'ventures'or in partnership during the term of this lease. Lessee is not and shall not .be deemed to be an agent or representative of Lessor. Section 20. Amendment to Article 44 of the Original Lease. Article 44 of the Original Lease is hereby deleted in its entirety and replaced as set forth below: ARTICLE 44 APPROVAL BY LESSOR AND/OR SECRETARY Except as otherwise expressly provided herein, whenever under the terms of this lease the acceptance, consent or approval of the Lessor and/or the Secretary is required, said acceptance, consent or approval shall not be unreasonably withheld. As long as Lessee is not in default under this lease, Lessor and/or Secretary shall act promptly on any request submitted in writing by Lessee for acceptance or approval, but no later than thirty (30) days following such party's receipt of the written request from Lessee; provided that as long as Lessee is not in default hereunder, if such written request is delivered to Lessor and Lessor fails to approve or disapprove the requested action within such 30-day period, such request shall be deemed,approved; and further provided that as long as Lessee is not in default hereunder and such written request is delivered to Secretary and Secretary fails to approve or disapprove the requested action within such 30-day period, Lessee may immediately utilize such procedures as are set forth in the Federal Code of Regulations to;obtain action by the Secretary with respect to such request. Lessor and/or the Secretary may act in writing to approve, conditionally approve or disapprove the Lessee's written request, and if such request is subject to its reasonable approval or disapproval, shall provide its reasons therefor. Lessor and/or Secretary may also extend the time for response by timely giving written notice thereof. It is understood that whenever under the terms of this lease the acceptance, consent or approval of the Secretary is required, the Secretary is acting on behalf of Lessor. Section 21. Amendment to Article 47 of the Original Lease. Article 48 of the Original Lease is hereby to read in its entirety to read as set forth below: It is agreed that it shall be the responsibility of Lessee to satisfy all Federal, State and/or local environmental protection requirements. It is further agreed that Lessee will furnish the Secretary a copy of all environmental assessments," environmental impact statements or reports, or negative declarations for consideration and that Lessee will furnish the Secretary a copy of any governmental ruling on any such documents filed with any"Federal, State and/or local governmental authority. Without limiting the generality of the foregoing but subject to the Secretary's acknowledgement set forth below, Lessee covenants and agrees that Lessee, its employees, agents and other third parties entering upon the leased premises at the request or invitation of Lessee shall not bring into, maintain upon or release or discharge in the Building any Hazardous Materials (as hereinafter defined). The,foregoing covenant shall not extend to substances typically found;, or used in general office applications, so long as (a) such substances are maintained only in such quantities as are reasonably necessary for Lessee's business operations at the leased premises, (b) such substances are used strictly in accordance with the manufacturers' instructions therefor, (c) such substances are not disposed of in, on or about the leased premises in a manner which would,constitute a release or discharge thereof and (d) all such substances are ,removed from the leased premises by Lessee upon the expiration or earlier termination of this lease. As used in this lease, the term "Hazardous Materials" means, collectively, any petroleum, petroleum product or byproduct or any substance, material or waste regulated 'or listed pursuant to any Environmental Law, including, without; limitation, bio-hazardous materials 'and substances and infectious waste. The term "Environmental Law" means, collectively, any and all federal, State, municipal and local laws, "statutes, ordinances, rules, regulations, guidances, rpolicies,, orders, decrees, judgments, whether statutory or common law,' as'amended from time to time, now or hereafter in effect, or promulgated, pertaining to the environment, public health and .safety and industrial hygiene, including the use, generation,' manufacture, production, storage, release, discharge, disposal, handling, treatment, removal, decontamination, clean-up, transportation or regulation of any such Hazardous Materials, including, but not,limited to, the Clean Air Act, the Clean Water Act, the Toxic Substances Control Act, the Comprehensive Environ mental Response Compensation and Liability Act, the Resource Conservation and Recovery Act, the Federal Insecticide, Fungicide, and Rodenticide Act, the Safe �� Drinking Water Act and the Occupational Safety and Health Act, as in force and effect at the time ofIthe applicable introduction, storage, use or disposal by Lessee 'of the Hazardous Material subject to regulation thereunder. Upon any violation of the foregoing covenants, Lessee shall be obligated, at Lessee's sole cost, to clean-up and remove from the leased premises all Hazardous Materials introduced upon the leased premises by Lessee or any third party for whom Lessee is responsible. Such clean-up and removal shall include aft testing and investigation required by the Secretary and any governmental authorities having jurisdiction and preparation and implementation of any remedial action plan required by the Secretary and any governmental authorities having jurisdiction. All such clean-up and removal activities of Lessee shall, in each instance, be conducted to the reasonable satisfaction of the Secretary and all governmental authorities having jurisdiction. The Secretary shall have the right to enter and inspect the leased premises during normal business hours for violations, of Lessee's covenants contained herein. Lessee shall indemnify, defend and hold harmless Lessor, individually and collectively, and their employees, agents, lenders and attorneys from and against any and all claims, liabilities, losses, actions, costs and expenses (including attorneys' fees and costs of defense) incurred by such indemnified persons, or any of them, to the extent caused by any of the following: (A) the introduction to the leased premises of any Hazardous Materials, (B) the discharge or release of any Hazardous Materials on, about or under the leased premises, (D) any injury to or death of persons or damage to or destruction of property resulting from any release of Hazardous Materials in or about the leased premises, and (E) any failure of Lessee to observe the,foregoing covenants of this Article 47. Payment shall not be a condition precedent to enforcement of the foregoing indemnification provision. Section 22. Amendment to Article 48 of Original Lease. Article 48 of the Original Lease is hereby deleted in its entirety and replaced as set forth below: ARTICLE 48 ARCHAEOLOGICAL, CULTURAL AND HISTORIC RESOURCES PROTECTION 1. Lessee agrees that whenever in the course of construction or improvements on the leased premises, any indication of heretofore undetected sub-surface sites of archaeological, cultural `or historic resources is brought to light, the construction shall be halted in the involved area and the involved area re-evaluated by a qualified archaeologist acceptable to the Secretary to prevent n-V inadvertent destruction of such non-renewable resources. The Lessee sh comply with the recommendations for mitigation made by the archaeologist and approved by the Advisory Council on I3istoric'Preservation in accordance with applicable rules and regulations. The cost of any required archaeological re- evaluation and mitigation shall be borne by the Lessee and any archaeological, cultural or historic artifacts which maybe salvaged shall be delivered to the Palm Springs Office of the Bureau of Indian Affairs for appropriate disposition. Section 23. Addition of Article 49 to the Original Lease. The following Article 49 is hereby added to the Original Lease: ARTICLE 49 SALE OF LEASED PREMISES; LIMITATION OF LANDLORD'S LIABILITY In the event of a sale or conveyance by Lessor of the leased premises, such transfer shall operate to release Lessor from any and all liability under this lease arising from any act, event, or omission occurring subsequent to the closing of such transfer. Any and all obligations of Lessor under this lease shall not constitute personal obligations of the individual members of Lessor, and in consideration of the benefit's accruing hereunder to Lessee and notwithstanding anything contained in this lease to the contrary, Lessee hereby covenants and, agrees ,for itself and all of its successors and assigns,that the liability of Lessor for its obligations under this lease shall be limited solely to, and Lessee's and its successors' and assigns' sole and exclusive remedy shall be against the Lessor's interest in the leased premises and any proceeds thereof, including, but not limited to Lessor's interest in rents, and any insurance and/or sales proceeds and/or any condemnation awards relating to the leased premises, and Lessee, and its successors and assigns shall not seek recourse against any individual member of Lessor, or any of their personal assets beyond their interest in the leased ,premises and the proceeds thereof, for such satisfaction. Each of the covenants and agreements of this Article 49 shall be applicable to any covenant or agreement either expressly,contained in this lease or imposed by statute or by common, law. Notwithstanding any contrary provision herein, neither Lessor nor any of its members shall be liable under any circumstances for, injury or damage to, or interference with, Lessee's business or use of the leased premises, including but not limited to, loss of rents or other revenues, loss of business opportunity, loss''of,goodwill,or loss of use, in each case, however occurring. Additionally; Lessor shall not be liable for injury or damage which may be sustained by the person, goods, wares, merchandise, or other property of Lessee, or of Lessee's employees, invitees, or customers, or of any other person in or about the leased premises, caused by or resulting from any V I whatsoever, whether such damage or injury results from conditions upon the leased premises or from other'sources, and Lessee shall look solely to its insurance proceeds for the cost of any repairs or additional expenses incurred by Lessee, Section 24. Amendment to Addendum 2 to the Original Lease. Addendum 2 to the Original Lease is hereby deleted in its entirety and replaced with Addendum 2 hereto. Section 25. Amendment to Addendum 3 to the Original Lease. Addendum 3 to the Original Lease is hereby deleted in its entirety. Section 26. Amendment to Addendum 4 to the Original Lease. Addendum 4 to the Original Lease is hereby deleted in its entirety. Section 27. Governing Law. This First; Amendment and the Original Lease as amended hereby shall be governed and construed in accordance with the Act and applicable federal law, except to the extent that state law is applicable to any matter not covered by the Act, in which case the laws of the State of California shall be applied. The parties hereto consent to jurisdiction by federal courts located in the County of Riverside, California, with respect to the transaction contemplated by this First Amendment. 't Section 28. Partial Invalidity. If any provision in this First Amendment or the Original Lease should be held contrary to law, then such provision shall be null and void and shall be deemed separable from the remaining provisions of this First Amendment and shall in no way affect the validity of this First Amendment,, the Wyndham Hotel Sublease and the Convention Center Sublease. Section 29. Execution of Counterparts. This First Amendment may be executed in any number of counterparts. Each of such counterparts shall for all purposes be deemed to be an original; and all such counterparts shall together constitute but one and the same instrument. Section 30. Effect of First Amendment. Upon joint execution by the parties and approval by the Secretary of this First Amendment, its terms shall merge into, and be incorporated within the Original Lease. All references to the Original Lease or "lease" from and after the date of this First Amendment shall refer to the Original Lease, as amended by this First Amendment. �.,1/9 Yo IN WITNESS WHEREOF, the parties hereto have caused this First Amendment to be executed in their respective names by their duly authorized officers as of the date first above written. By: Name: By: Name: By: Name: By: Name: By: Name: By: Name: By: Name: By: Name: By: Name: By: Name: By: Name: By: Name: By: Name: By: Name: I �a►4 y ADDENDUM 2 The leased premises may be used for any lawful purpose or purposes permitted by applicable zoning, or approved variances therefrom from time to time; provided, however, that all or a portion of the leased premises shall be used for development of a portion or all of a convention center complex to include meeting spaces, a hotel, commercial offices, rental space, parking and other facilities and functions or any combination of the foregoing. It is specifically agreed that improvements on the leased premises may be part of and attached to other improvements on other contiguous or proximate real property whether leasehold or fee; that improvements on the leased premises need not be independent of, or separate from, such other improvements; that improvements on the leased premises may share support and common walls and foundations with such other improvements; and that improvements on the leased premises may be jointly financed or encumbered with such other improvements, all as the Lessee, in its sole discretion, shall deem necessary or desirable, subject to the provisions of this lease. Northing herein above contained shall be construed so as to in any way impair the rights and interests of Lessor in and to any improvements on the leased premises upon any termination of the lease, as more specifically described in Article 15 of this lease. RESOLUTION NO. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS APPROVING AND AUTHORIZING THE EXECUTION OF A SETTLEMENT AGREEMENT AND A FIRST AMENDMENT TO BUSINESS LEASE 315 WHEREAS, on February 28, 1984, the "Original Lessors" identified on Exhibit A hereto and by this reference incorporated herein ("Original Lessors") and SENCA Palm Springs, Inc., a California corporation ("SENCA") entered into that certain Business Lease 315 (the "Lease") wherein the Original Lessors leased to SENCA the lands and improvements described therein, such lands being a part of the Agua Caliente (Palm Springs) Reservation situated in Riverside County, California (the "Master Leasehold Estate"); and WHEREAS, on December 31, 1984, SENCA subleased a portion of the Master Leasehold Estate (the "Wyndham Property") to the Community Redevelopment Agency of the City of Palm Springs pursuant to the Wyndham Hotel Sublease (the "Wyndham Hotel Sublease"); and WHEREAS, on December 31, 1984, SENCA subleased another portion of the Master Leasehold Estate ("Convention Center Property") to the City of Palm Springs Public Facilities Corporation pursuant to the Convention Center Sublease (the "Convention Center Sublease"); and WHEREAS, pursuant to an Agreement of Assignment, dated September 29, 1989, the City of Palm Springs (the "City") assumed all of the obligations of SENCA under the Original Lease, the Wyndham Hotel Sublease and the Convention Center Sublease; and WHEREAS, the individuals identified as "Current Lessors" on Exhibit A hereto and by this reference incorporated herein are the current owners of the fee interest in the land underlying the Master Leasehold Estate (the "Current Lessors" are referred to herein as the "Lessors"); and WHEREAS, a dispute (the "Dispute") has arisen between the Lessors and the City wherein Lessors claim that City violated certain terms and provisions of the Lease (as more specifically described in the hereinafter defined "Settlement Agreement'); and WHEREAS, City and Lessors desire to settle such Dispute by entering into the Settlement Agreement and Release, dated April 7, 2004 (the "Settlement Agreement"), by and among the City, the majority of Lessors pursuant to the terms of the Lease and the Bureau of Indian Affairs, which is an authorized representative of the Secretary of the Interior (hereinafter "Secretary"); and WHEREAS, the form of Settlement Agreement as on file in the Office of the City Clerk and by this reference incorporated herein; and WHEREAS, pursuant to Article 42 of the Lease, the action of those Lessors holding the majority of interest in the ownership of the Master Leasehold Estate shall constitute the action of all the Lessors for the purposes of the Lease; and 1003/024/30743.01 Resolution No. Page 2 WHEREAS, pursuant to Article 41 of the Lease, any amendments to the terms of the Lease, shall not be valid or binding upon the parties thereto until approved by the Secretary; and WHEREAS, pursuant to the terms of the Settlement Agreement, City and a majority of Lessors, with the approval of the Secretary will enter into a First Amendment to Lease (the "First Amendment') to clarify and modify certain provisions of the Lease in accordance with the Settlement Agreement; and WHEREAS, Lessors holding a majority in interest of the Master Leasehold Estate and the Secretary have received, reviewed and signed the Settlement Agreement and the First Amendment; and WHEREAS, the City desires to enter into the Settlement Agreement and First Amendment to settle the Dispute. NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Palm Springs that: SECTION 1. The above recitals are true and correct. SECTION 2. The Settlement Agreement as on file in the Office of the City Clerk is hereby approved and the City Manager is hereby authorized and directed to execute, acknowledge and deliver the same, in the name and on behalf of City. SECTION 3. The First Amendment as on file in the Office of the City Clerk is hereby approved and the City Manager is hereby authorized and directed to execute, acknowledge and deliver the same, in the name and on behalf of City. SECTION 4. The City Manager or any other appropriate officers of City are further authorized and directed to take such actions as is necessary and appropriate to effectuate the terms of the Settlement Agreement and the First Amendment. SECTION 5. This resolution shall take effect and be enforceable immediately upon its adoption. ADOPTED THIS day of 2004. AYES: NOES: ABSENT: ATTEST: CITY OF PALM SPRINGS, CALIFORNIA By: City Clerk City Manager REVIEWED AND APPROVED AS TO FORM ��i� Resolution No. EXHIBIT A Original Leonard Charles Bow Ray Leonard Patencio Lessors: Joseph Patrick Patencio Ruth Elaine Patencio Beverly Patencio Diaz Thomas I. Siva Corinne Welmas Siva Priscilla Patencio Gonzales Clarice Bow Mathews Nancy Marie Bow Soza James Steve Sauble Germaine Pico Arenas Christine Shores Luker Marcus Joseph Pete, III Virginia Ann Milanovich Winifred Patencio Preckwinkle Richard Michael Milanovich Current Leonard Charles Bow J. Patrick Patencio Lessors: Patricia Schoolcraft-Patencio Priscilla Gonzales Beverly Patencio Diaz Nancy Marie Bow Soza Corinne Welmas Siva Winifred Patencio Preckwinkle Christine Shores Luker Clarice Bow Dailey Virginia Ann Milanovich Dana Prieto Richard Michael Milanovich Marcus Pete III Ray Leonard Patencio James Saubel Estate 3-3 1003/024/30743.01 RESOLUTION NO. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS APPROVING AND AUTHORIZING THE EXECUTION OF A SETTLEMENT AGREEMENT AND A FIRST AMENDMENT TO BUSINESS LEASE 315 WHEREAS, on February 28, 1984, the "Original Lessors" identified on Exhibit A hereto and by this reference incorporated herein ("Original Lessors") and SENCA Palm Springs, Inc., a California corporation ("SENCA") entered into that certain Business Lease 315 (the "Lease") wherein the Original Lessors leased to SENCA the lands and improvements described therein, such lands being a part of the Agua Caliente (Palm Springs) Reservation situated in Riverside County, California(the"Master Leasehold Estate"); and WHEREAS, on December 31, 1984, SENCA subleased a portion of the Master Leasehold Estate (the "Wyndham Property") to the Community Redevelopment Agency of the City of Palm Springs pursuant to the Wyndham Hotel Sublease (the "Wyndham Hotel Sublease"); and WHEREAS, on December 31, 1984, SENCA subleased another portion of the Master Leasehold Estate ("Convention Center Property") to°the City of Palm Springs Public Facilities Corporation pursuant to the Convention Center Sublease (the "Convention Center Sublease"); and WHEREAS, pursuant to an Agreement of Assignment, dated September 29, 1989, the City of Palm Springs (the "City") assumed all of the obligations of SENCA under the Original Lease,the Wyndham Hotel Sublease and the,Convention Center Sublease; and WHEREAS, the individuals identified as "Current Lessors" on Exhibit A hereto and by this reference incorporated herein are the current owners of the fee interest in the land underlying the Master Leasehold Estate(the"Current Lessors" are'referred to herein as the "Lessors"); and WHEREAS, a dispute (the "Dispute") has'arisen between the Lessors and the City wherein Lessors claim that City violated certain terms and provisions of the Lease (as more specifically described in the hereinafter defined"Settlement Agreement"); and WHEREAS, City and Lessors desire to s'bttle such Dispute by entering into the Settlement Agreement and Release, dated April 7, 2004 (the "Settlement Agreement"), by and 'among the City, the majority of Lessors pursuant to the terms of the Lease and the Bureau of Indian Affairs, which is an authorized representative of the Secretary of the Interior (hereinafter "Secretary"); and WHEREAS, the form of Settlement Agreement is attached hereto as Exhibit B and by this reference incorporated herein; and Resolution No. Page 2 WHEREAS, pursuant to Article 42 of the Lease, the action of those Lessors holding the majority of interest in the ownership of the Master Leasehold Estate shall constitute the action of all the Lessors for the purposes of the Lease; and WHEREAS, pursuant to Article 41 of the Lease, any amendments to the terms of the Lease, shall not be valid or binding upon the parties thereto until approved by the Secretary; and WHEREAS, pursuant to the terms of the Settlement Agreement, City and a majority of Lessors, with the approval of the Secretary will enter into a First Amendment to Lease(the"First Amendment') to clarify and modify certain provisions of the Lease in accordance with the Settlement Agreement; and WHEREAS, Lessors holding a majority in interest of the Master Leasehold Estate and the Secretary have received, reviewed and signed;the Settlement Agreement and the First Amendment; and WHEREAS, the City desires to enter into the Settlement Agreement and First Amendment to settle the Dispute. NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Palm Springs that: SECTION 1. The above recitals are true and correct. SECTION 2. The Settlement Agreement attached hereto as Exhibit B is hereby approved and the City Manager is hereby authorized and directed to execute, acknowledge and deliver the same, in the name and on behalf of City. SECTION 3, The First Amendment attached hereto as Exhibit C is hereby approved and the City Manager is hereby authorized and directed to execute, acknowledge and deliver the same, in the name and on behalf of City. SECTION 4. The City Manager or any other appropriate officers of City are further authorized and directed to take such actions as is necessary and appropriate to effectuate the terms of the Settlement Agreement and the First Amendment. SECTION 5. This resolution shall take effect and be enforceable immediately upon its adoption. Resolution No. Page 3 ADOPTED THIS_day of 2004. AYES: NOES: ABSENT: ATTEST: CITY OF PALM SPRINGS, CALIFORNIA By: City Clerk City Manager REVIEWED AND APPROVED BY: jg� '� � Resolution No. Page 4 I HEREBY CERTIFY that the foregoing is a true copy of Resolution No. duly adopted by the City Council of the City of Palm Springs in a meeting thereof held on the day of 2004 dated at Palm Springs, California, this_day of PATRICIA A. SANDERS City Clerk City of Palm Springs, California Resolution No. Page 5 EXIIIBIT A Original Leonard Charles Bow Ray Leonard Patencio Lessors: Joseph Patrick Patencio Ruth Elaine Patencio Beverly Patencio Diaz Thomas 1. Siva Corinne Welmas Siva Priscilla Patencio Gonzales Clarice Bow Mathews Nancy Marie Bow Soza James Steve Sauble Germaine Pico Arenas Christine Shores Luker Marcus Joseph Pete, III Virginia Ann Milanovich Winifred Patencio Preckwinkle Richard Michael Milanovich Current Leonard Charles Bow J. Patrick Patencio Lessors: Patricia Schoolcraft-Patencio Priscilla Gonzales Beverly Patencio Diaz Nancy Marie Bow Soza Corinne Welmas Siva Winifred Patencio Preckwinkle Christine Shores Luker Clarice Bow Dailey Virginia Ann Milanovich Dana Prieto Richard Michael Milanovich Marcus Pete III Ray Leonard Patencio James Saubel Estate