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HomeMy WebLinkAbout12/19/2001 - STAFF REPORTS (26) DATE: December 19, 2001 TO: Community Redevelopment Agency FROM: Assistant City Manager-Administration SUBJECT: LEASE AGREEMENT FOR COURTYARD SIGNAGE and SECOND AMENDMENT TO THE THEATER LEASE AGREEMENT FOR THE PLAZA THEATER RECOMMENDATION: That the Agency approve: 1) a lease agreement with John Wessman, Trustee of the Wessman Family Trust, for three Plaza Theater sign locations in the Courtyard owned by the Wessman Family Trust; and 2) a Second Amendment to the Theater Lease Agreement for the Plaza Theater with the Partnership for the Performing Arts. SUMMARY: Approval of the Lease Agreement for the courtyard signage will provide for Plaza Theater signage in the courtyard owned by the Wessman Family Trust. Approval of the Second Amendment to the Plaza Theater Lease Agreement with the Partnership forthe Performing Arts will sublease the three sites for signs to the Partnership for the Performing Arts. BACKGROUND: Over 13 years ago the Community Redevelopment Agency of the City of Palm Springs entered into a Lease and Purchase Agreement with the Earl Strebe Family for the acquisition of the Plaza Theater, the Plaza Theater courtyard, and the Louise's Pantry building, located on the north side of the courtyard, as well as the Karen's Kornerbuilding located on the south side of the courtyard (collectively, "the Theater Property"). Concurrently with the Agency's action to acquire the Theater Property in September 1998, the Louise's Pantry site, the courtyard, and the Karen's Korner site were sold to John Wessman, pursuant to pre-existing agreements. The Agency retained, for the benefit of the Plaza Theater, a 10-foot wide easement through the courtyard for ingress and egress. Subsequently,Wessman received permission to have outdoor dining on the northern portion of the courtyard, north of the access to the theater, while retaining approximately four feet south of the 10-foot access to the theater for his use in connection with the building on the south. Attraction boards for the Plaza Theater,therefore, have had to be relocated to accommodate the ownership change of the courtyard. Previously, two attraction boards were located on the street side of the courtyard, one on the northwest corner of the courtyard and the other on the southwest corner of the courtyard, so people walking on the sidewalk could see the attraction signs from either direction, whether walking southerly or northerly along the sidewalk. The northerly sign conflicted with the outdoor dining program, and has been removed, leaving an attraction board at the southwest corner of the courtyard which is visible to people walking southerly. Upon conclusion of negotiations about placement of the attraction boards and signs for the benefit of the Plaza Theater, the following has resulted: d" Lease Agreement - Plaza Theater December 19, 2001 Page 2 A. The original historical Plaza Theater sign located above Louise's Pantry in the area of the northwest corner of the courtyard will remain, and the Community Redevelopment Agency has received an easement from the Wessman Trust for its continued location on that site. B. The two attraction boards and the marquee will be located as follows: 1) the current attraction board located on the southwest corner of the courtyard will remain; 2) the marquee sign will continue to be located above and attached to the building on the south side of the courtyard; and 3) the sign which has been removed from the northwest corner of the courtyard will be relocated to the southeast area of the courtyard. These three signs will then continue to be located in those areas, pursuant to the attached Lease Agreement being proposed to the Agency. The Lease Agreement provides for lease of those three locations for$1 per year. The lease term will continue for as long as the Agency operates, or intends to operate the theater, providing it is making a good faith effort in the recommencement of theater operations,should they cease in the future. The term of the marquee sign located above the southern building, will terminate at the conclusion of the Plaza Theaterlease term, and all extensions thereof between the Agency and Partnership for the Performing Arts (The Follies) or upon termination of the Lease between the Partnership for the Performing Arts (The Follies), and Wessman for space within Plaza de las Flores,whichever occurs sooner, unless the Lease is extended by the parties with respect to this marquee board in the future. The Agency can thus make these three sign sites available to the Partnership for the Performing Arts (The Follies), by a Second Amendment to the Theater Lease Agreement between the Community Redevelopment Agency of the City of Palm Springs and the Partnership for the Performing Arts for the Plaza Theater. The existing Plaza Theater lease provides that it can be extended annually by the tenant through December 31, 2006, Attached for Agency consideration are: 1) a Resolution approving the Lease Agreement regarding the courtyard signage between John Wessman, Trustee of the Wessman Family Trust, dated November 16, 1998, and the Community Redevelopment Agency of the City of Palm Springs; and 2) Second Amendment to the Theater Lease Agreement between the Partnership for the Performing Arts and the Community Redevelopment Agency of the City of Palm Springs. Dallas J. Flicek, Assistant City Manager-Administration APPROVED ��City Manager Attachments: 1. Proposed Lease Agreement for Sign Sites 2. Proposed Second Amendment to the Theater Lease Agreement 3. Proposed Resolution approving Lease Agreement for the Courtyard Signage and the Second Amendment to the Theater Lease Agreement �1 664 1* A LEASE AGREEMENT (COURTYARD SIGNAGE) This LEASE AGREEMENT ("Lease") is made and entered into this day of 2001 (`Effective Date"), by and between JOHN WESSMAN, TRUSTEE OF THE WESSMAN FAMILY TRUST, DATED NOVEMBER 16, 1998, a California corporation ("Lessor"), and the COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, a public body, corporate and politic ("Lessee"). RECITALS A. Lessor is the owner of that certain real property commonly known as the Courtyard located at Palm Springs, California, including all improvements thereon existing as of the Lease Commencement Date. The Lessee wishes to lease three areas for signage in the Courtyard, which three parcels (Parcels 1, 2, and 3) are legally described in Exhibit "A" attached hereto (the"Site" - which includes all three parcels) and are illustrated in Exhibit`B." B. The Lessor wishes to make the Site available to Lessee and Lessee wishes to use such Site under the terms of this Lease to provide adequate signage to support the Plaza Theatre operations. AGREEMENT 1.0 LEASE. Lessor hereby leases and demises to Lessee and Lessee hereby hires from Lessor, for the term and upon the conditions set forth herein, the Site, as legally described in Exhibit "A." Further, Lessor hereby grants to Lessee an irrevocable non-exclusive license during the term of this Lease for ingress and egress, to and from the Site locations seven (7) days a week, twenty- four(24)hours a day. 2.0 LEASE TERM. 2.1 Lease Commencement Date. The Lease Commencement Date shall mean the date this Lease is executed by Lessee. 2.2 Lease Term. The Lease Term shall mean the period commencing upon the Lease Commencement Date and continuing for the period that Lessee provides or intends to provide for the operation of the theater. It is agreed that in the event operation of the theater is temporarily interrupted or discontinued, this lease shall continue so long as Lessee in good faith is attempting to cause the recommencement of theater operations, provided that Lessee shall give Lessor notice as soon as possible of Lessee's decision to permanently cease theater operations. Notwithstanding the foregoing, with respect to Parcel 3 only, the lease term for Parcel 3 shall terminate at the conclusion of the lease term and all extensions thereto for the Plaza Theatre between Lessee and Partnership for the Performing Arts, LP, or upon term�ation of the lease IRV @ 15886 vI tA w �- 3. between Lessor and Partnership for the Performing Arts, LP for space within Plaza de las Flores, whichever occurs sooner, unless this lease is extended by the parties hereto with respect to Parcel 3. 2.3 Delivery of Possession. Lessor shall tender delivery of possession of the Site to Lessee within five (5) business days following the Lease Commencement Date. 3.0 RENT. Lessee shall pay to Lessor for the lease of the Site the sum of one dollar ($1.00) per year ("Annual Rent"), which sum shall be paid in advance on the Lease Commencement Date and each anniversary thereafter. 4.0 USE OF SITE. 4.1 Use of the Site. Lessee shall use the Site solely for the purpose of constructing, erecting and maintaining three signs as described in Exhibit `B" attached hereto and incorporated herein by this reference. 4.2 Compliance with Law. Lessee agrees that all operations and activities by or under Lessee on the Site shall be conducted in compliance with all applicable statutes, ordinances, orders, laws, rules and regulations, and the requirements of all federal, state and municipal governments and appropriate departments, commissions, boards and offices thereof, which may be applicable to the Site or to the use or manner of use of the Site. 5.0 ALTERATIONS, MAINTENANCE AND REPAIRS. 5.1 By Lessee. The Lessee agrees, at its expense, to maintain all of the signs in good condition and repair, with the exception that if a sign is damaged by action of Lessor's agent, employee or invitee then Lessor shall contribute to the cost of repair. 5.2 Alterations. In the event that either prior to or during the Lease Term any alteration, addition, or change or otherwise to the Site, or any portion thereof, is required by law or regulation or rule, the same shall be made by Lessee, at Lessee's sole cost and expense. Subject to obtaining all requisite governmental permits and authorizations, Lessee shall have the right to make non-structural alterations to the signs constructed by Lessee upon the Site. 6.0 INSURANCE AND INDEMNITY. 6.1 Insurance Provided by Lessor. Lessor shall maintain fire and extended coverage insurance throughout the term of this Lease. Lessee understands that Lessor's coverages hereunder do not include Lessee's furniture, fixtures or merchandise. Lessee hereby waives any right of recovery from Lessor, its officers and employees, and Lessor hereby waives any right of loss or damage (including consequential loss) resulting from any of the perils insured against as a result of said insurance. 6.2 Indemnification of Parties. The parties agree to indemnify each other, their officers, agents and employees against, and will hold and save them and each of them harmless from, any and all actions, suits, claims, damages to persons or property, losses, costs, penalties, [RV 915886 vl -2- do" Or-y obligations, errors, omissions or liabilities, (herein"claims or liabilities") that may be asserted or claimed by any person, firm or entity arising out of or in connection with the negligent performance of the work, operations or activities of each other, their agents, employees, subcontractors, or invitees, provided for herein, or arising from the use of the Site and the courtyard area by either party or their employees and customers, or arising from the failure of Lessee to keep the Site in good condition and repair, as herein provided, or arising from the negligent acts or omissions of either party hereunder, or arising from either party's negligent performance of or failure to perform any term, provision covenant or condition of this Lease, whether or not there is concurrent passive or active negligence on the part of the other party, its officers, agents or employees but excluding such claims or liabilities arising from the sole negligence or willful misconduct of the other party, its officers, agents or employees, who are directly responsible to the other party, and in connection therewith: 7.0 TAXES. 7.1 Personal Property Taxes. Lessee agrees to pay, prior to delinquency, all taxes levied upon personal property, if any, including trade fixtures, and inventory, not owned by Lessor and kept on or about the Site by or under Lessee. 7.2 Real Property Taxes. Lessor agrees to pay all real property taxes (including any possessory interest taxes and special and ad valorem taxes) and assessments levied or assessed upon the Site. 8.0 CASUALTY DAMAGE. In the event the whole or any part of the sign improvements at the Site shall be damaged or destroyed by any casualty other than those for which the Lessor shall insure pursuant to Section 6.1, at any time during the Lease Term, Lessee shall have the right at its discretion to repair, restore and rebuild such improvements on the same plan and design as existed immediately prior to such damage or destruction and to the same condition that existed immediately prior to such damage. Lessee may cancel this Lease by giving written notice of its election to do so to Lessor within sixty (60) days after Lessee receives notice or acquires knowledge of such damage or destruction meeting described above. 9.0 ASSIGNMENT AND SUBLETTING. Lessor is in agreement that Lessee may sublease the Site to the Partnership for the Performing Art, LP and/or subsequent theater operators. 10.0 DEFAULT; TERMINATION. Either party may terminate this Lease upon a default by the other party. A party shall be in default under this Lease if that party fails to perform obligations required of it within a reasonable time, but in no event later than thirty (30) days after written notice from the other party, specifying wherein the nonperforming party has failed to perform such obligations; provided, however, that if the nature of the nonperforming party's obligation is such that more than thirty (30) days are required for performance then the nonperforming party shall not be in IRV#15886 v1 -3- default if it commences performance within such thirty (30) day period and thereafter diligently prosecutes the same to completion. 11.0 QUIET ENJOYMENT. Lessor hereby warrants, represents and covenants that, Lessee may peaceably and quietly have, hold, occupy and enjoy the Site and all of the appurtenances thereto without hindrance or molestation from Lessor or those lawfully claiming an interest in or to the Site through or under Lessor. 12.0 MISCELLANEOUS. 12.1 Condemnation. In the event a condemnation or a transfer in lieu thereof results in a taking of any portion of the Site, Lessor may, or in the event a condemnation or a transfer in lieu thereof results in a taking of twenty-five percent (25%) or more of the Site, Lessee may, upon written notice given within thirty (30) days after such taking or transfer in lieu thereof, terminate this Lease. 12.2 Surrender at End of Term. Any improvements built, constructed, or placed upon the Site by or under Lessee, other than Lessee's trade fixtures, equipment and personal property, shall remain on the Site and become the absolute property of Lessor without any cost to Lessor upon the termination of this Lease, whether by lapse of time or by forfeiture by reason of default provided that Lessee shall have the right to remove its trade fixtures, removable tenant improvements, equipment and personal property on or before expiration or earlier termination of this Lease, provided that Lessee repairs any damage occasioned by such removal. 12.3 Force Majeure. If either parry is delayed, prevented or hindered from the performance of any covenant or condition of this Lease because of acts of the other party, Acts of God, adverse weather conditions not reasonably anticipated, war, invasion, insurrection, acts of a public enemy, riot, mob violence, civil commotion, sabotage, labor disputes, inability to procure or general shortage of labor, materials, facilities, equipment or supplies on the open market, unusual delay in transportation, laws, rules, regulations or orders of governmental or military authorities, or any other cause beyond the reasonable control of the parties so obligated, whether similar or dissimilar to the foregoing, financial inability excepted, such performance shall be excused for the period of the delay, and the period for such performance shall be extended for a period equivalent to the period of such delay. 12.4 Waiver. No written waiver of any breach of any of the terms, covenants, agreements, restrictions or conditions of this Lease shall be construed as a waiver of any succeeding breach of the same or other covenants, agreements, restrictions and conditions hereof. Lessor's acceptance of any sum payable by Lessee to Lessor under this Lease while Lessee is in default under the terms of this Lease shall not constitute a waiver by Lessor of such default, other than a default by Lessee in payment of the sum so accepted by Lessor. Lessee shall not rely on any oral waiver and shall not rely on any course of conduct as a waiver of any provision of this Lease. Lessee may rely only on specific waivers confirmed in writing. 12.5 Notices. Whenever in this Lease it shall be required or permitted that notice or demand be given or served by either party to this Lease to or on the other, such notice or demand IAV 415886 vI -4- shall be given or served and shall not be deemed to have been duly given or served unless said notice is in writing and is either personally served (including service by overnight courier) upon the person for whom intended or mailed, by registered or certified mail, with postage prepaid, addressed to the party for whom intended at the address that follows: Lessor: Wessman Family Trust c/o Wessman Development 1555 South Palm Canyon Drive, Suite G106 Palm Springs, CA 92264 Attn: John Wessman, Trustee Lessee: Community Redevelopment Agency of the City of Palm Springs 3200 E. Tahquitz Canyon Way Palm Springs, CA 92262 Attn: David H. Ready, Executive Director With a Copy to: David J. Aleshire, Esq. Burke, Williams & Sorensen, LLP 18301 Von Karman Avenue, Suite 1050 Irvine, CA 92612 Either Lessor or Lessee may change such address by notifying the other parry in writing as to such new address as Lessee or Lessor may desire used and which new address shall continue as the address until further written notice. If any notice or demand is sent by mail as aforesaid, the same shall be deemed served or delivered three (3) days after the mailing thereof in the manner provided above. If any notice or demand is sent by overnight courier as aforesaid, the same shall be deemed served or delivered twenty-four (24) hours after deposit of the same with an overnight courier for delivery to the parry to whom intended at the address provided above for such party pursuant to this Section. 12.6 No Oral Agreements. This (i) Lease covers in full each and every agreement of every kind or nature whatsoever between the parties hereto concerning this Lease, (ii) supersedes any and all previous obligations, agreements and understandings, if any, between the parties, oral or written, and (iii) merges all preliminary negotiations and agreements of whatsoever kind or nature herein. Lessee acknowledges that no representations or warranties of any kind or nature not specifically set forth herein have been made by Lessor or its agents or representatives. 12.7 Inurement. Each of the covenants, conditions and agreements herein contained shall inure to the benefit of and shall apply to and be binding upon the parties hereto and their respective heirs, legatees, devisees, executors, administrators, successors, assigns, sublessees or any person who may come into possession of said Site or any part thereof in any manner whatsoever. Nothing in this Section shall in any way alter the provisions against assignment or subletting hereinabove provided. 12.8 Assignment by Lessor. In the event Lessor shall transfer or convey or be divested of its fee estate in and to the Site, and as a part of said transaction shall transfer, convey, IRV 815886 v1 7 assign or be divested of its interest as Lessor in and to this Lease, then from and after the effective date of said assignment, transfer, conveyance, divestiture or reverter and assumption of this Lease by the transferee, Lessor shall have no further liability, except for liabilities which shall have accrued and be unsatisfied as of such date, for all of which liabilities Lessor shall continue to be obligated notwithstanding any such assignment, transfer, conveyance, divestiture or reverter. 12.9 Severability. If any term, covenant or condition of this Lease or the application thereof to any person or circumstance shall, to any extent, be invalid or unenforceable, the remainder of this Lease, or the application of such term, covenant or condition to persons or circumstances other than those as to which it is held invalid or unenforceable, shall not be affected thereby and each term, covenant or condition of this Lease shall be valid and be in force to the fullest extent permitted by law. 12.10 Authority of Lessor. Each individual executing this Lease on behalf of Lessor represents and warrants that he is duly authorized to execute and deliver this Lease on behalf of Lessor and that this Lease is binding upon Lessor. 12.11 Lessee's Officers and Employees. 12.11.1 Non-liability of Officers and Employees. No officer, official, agent, contractor, or employee of Lessee shall be personally liable to Lessor, or any successor in interest, in the event of any default or breach by Lessor or for any amount which may become due to Lessor or to its successor, or for breach of any obligation of the terms of this Lease. 12.11.2 Conflict of Interest. No officer or employee of Lessee shall have any financial interest, direct or indirect, in this Lease nor shall any such officer or employee participate in any decision relating to this Lease which affects the financial interest of any corporation, partnership or association in which he is, directly or indirectly, interested, in violation of any state statute or regulation. 12.12 Non-Discrimination. There shall be no discrimination against or segregation of any person or group of persons on account of race, color creed, religion, sex, marital status, handicap, age, ancestry or national original in the leasing, subleasing, transferring, use, occupancy, tenure or enjoyment of the Site herein leased nor shall the Lessee itself, or any person claiming under or through it, establish or permit any such practice or practices of discrimination or segregation with reference to the selection, location, number, use or occupancy of lessees, sublessees, subtenants or vendees of the Site herein leased. 12.13 Real Estate Broker. Lessee and Lessor each represent and warrant to the other that it has not dealt with any real estate broker and knows of no real estate broker, agent, or finder that may claim a commission in connection with this Lease, Lessee and Lessor shall each indemnify, defend, and hold the other harmless from and against any claim for any broker's or finder's fee arising out of the acts or omissions of the indemnifying party. [End - Signature Page and Exhibits Follow] IRV 915886 v 1 _6_ IN WITNESS WHEREOF, Lessor and Lessee have caused this Lease Agreement to be executed and to be effective as of day and year first hereinabove written. "LESSOR" JOHN WESSMAN, TRUSTEE OF THE WESSMAN FAMILY TRUST, DATED NOVEMBER 16, 1998 ESSEE" COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS Executive Director ATTEST: Agency Secretary APPROVED AS TO FORM: Agency Attorney [End of Signatures] IRV 415896 v 1 _7_ 0D)9 �� EXHIBIT "A" ATTRACTION BOARD PARCEL 1 ALL THAT PORTION OF BLOCK 27 AS SHOWN ON THE MAP OF PALM SPRINGS TOWN SITE, RECORDED IN BOOK9, PAGE432, RECORDS OF SAN DIEGO COUNTY, CALIFORNIA, DESCRIBED AS FOLLOWS: BEGINNING ATTHE SOUTHWESTCORNER OF PARCEL3AS DESCRIBED IN GRANT DEED TO JOHN WESSMAN RECORDED OCTOBER 28, 1998, AS INSTRUMENT NO. 465160 IN OFFICIAL RECORDS OF THE COUNTY OF RIVERSIDE, STATE OF CALIFORNIA; THENCE NORTH 89'52'00"EAST,ALONG THE SOUTH LINE OF SAID PARCEL 3,A DISTANCE OF 6.92 FEET TO THE TRUE POINT OF BEGINNING; THENCE CONTINUING ALONG SAID SOUTH LINE, NORTH 89'52'00" EAST, A DISTANCE OF 1.50 FEET; THENCE NORTH 59'29'40" EAST, A DISTANCE OF 3.09 FEET; THENCE NORTH 00'08'00"WEST, PARALLEL WITH THE WEST LINE OF SAID PARCEL 3, A DISTANCE OF 1.21 FEET; THENCE SOUTH 59'29'40" WEST, A DISTANCE OF 4.83 FEET; THENCE SOUTH 00'08'00" EAST, PARALLEL WITH SAID WEST LINE, A DISTANCE OF 0.33 FEET TO THE TRUE POINT OF BEGINNING. COMPRISING 4 SQUARE FEET MORE OR LESS. y.,V �.`r�:�'.,�C��L•l� it Pg. 1 of 2 EXHIBIT "A" ATTRACTION BOARD PARCEL 2 ALL THAT PORTION OF BLOCK 27 AS SHOWN ON THE MAP OF PALM SPRINGS TOWN SITE, RECORDED IN BOOK9, PAGE432, RECORDS OF SAN DIEGO COUNTY, CALIFORNIA, DESCRIBED AS FOLLOWS: BEGINNINGATTHE SOUTHWEST CORNER OF PARCEL 3 AS DESCRIBED IN GRANT DEED TO JOHN WESSMAN RECORDED OCTOBER 28, 1998, AS INSTRUMENT NO. 465160 IN OFFICIAL RECORDS OF THE COUNTY OF RIVERSIDE, STATE OF CALIFORNIA; THENCE NORTH 89'52'00"EAST,ALONG THE SOUTH LINE OF SAID PARCEL 3,A DISTANCE OF 46.42 FEET TO THE TRUE POINT OF BEGINNING; THENCE NORTH 59'29'40" EAST, A DISTANCE OF 2,00 FEET; THENCE SOUTH 30'30'20" EAST, A DISTANCE OF 1.50 FEET; THENCE SOUTH 59'29'40" WEST, A DISTANCE OF 4.00 FEET; THENCE NORTH 30'30'20" WEST, A DISTANCE OF 1.50 FEET; THENCE NORTH 59'29'40" EAST, A DISTANCE OF 2.00 FEET TO THE TRUE POINT OF BEGINNING. COMPRISING 6 SQUARE FEET MORE OR LESS. Pg. 2 of 2 jeq or•!/ EXHIBIT "A" ATTRACTION BOARD PARCEL 3 ALL THAT PORTION OF BLOCK 27 AS SHOWN ON THE MAP OF PALM SPRINGS TOWN SITE, RECORDED IN BOOKS, PAGE 432, RECORDS OF SAN DIEGO COUNTY, CALIFORNIA, DESCRIBED AS FOLLOWS: BEGINNING AT THE SOUTHWEST CORNER OF PARCEL 3 AS DESCRIBED IN GRANT DEED TO JOHN WESSMAN RECORDED OCTOBER 28, 1998, AS INSTRUMENT NO. 465160 IN OFFICIAL RECORDS OF THE COUNTY OF RIVERSIDE, STATE OF CALIFORNIA; THENCE NORTH 89'52'00"EAST,ALONG THE SOUTH LINE OF SAID PARCEL 3,A DISTANCE OF 11.08 FEET TO THE TRUE POINT OF BEGINNING; THENCE NORTH 00*08-00"WEST, PARALLEL WITH THE WEST LINE OF SAID PARCEL 3, A DISTANCE OF 0.67 FEET; THENCE NORTH 89'52'00"EAST,PARALLEL WITH SAID SOUTH LINE,A DISTANCE OF 10.50 FEET; THENCE SOUTH 00'08'00" EAST, PARALLEL WITH SAID WEST LINE, A DISTANCE OF 1.67 FEET; THENCE SOUTH 89'52'00" WEST, PARALLEL WITH SAID SOUTH LINE, A DISTANCE OF 10.50 FEET; THENCE NORTH 00'08'00"WEST, PARALLEL WITH SAID WEST LINE, A DISTANCE OF 1.00 FEET TO THE TRUE POINT OF BEGINNING. COMPRISING 18 SQUARE FEET MORE OR LESS. 6A 5J o 'fry r �s EXP3? �¢ rF LIRA �•/ EXHIBIT "B " G� �O 0 O� G 5 o � 9\ 5 4 � QP4.0 n 1 6 0 00 Oe. o Q. ,�Q 0 0 z DETAIL SCALE: 1" = 4' SCALE 1" = 20' N89'52'00"E 62.12' 0 N N 3 PARCEL 3 PER INST. NO. 465160 o RECORDED 10/28/98 00 0 0 1 6 5 z 4 SEE DETAIL HEREON 9 �DVESSAOyv \O J. BAq Ir y<y, DELI BEARING RADIUS LENGTH TANGENT 1 N89'52'00"E 6.92 N89*52'00"E 1.50 * Na. C-28931 N59'29'40"E 3.09 Exp.0331-03 4 N00'08'00"W 1.21 sryT C I V 1 G 5 S59'29'40"W 4.83 F OF Cp,UFO 6 S00'08'00"E 0.33 of pAL,N 9,o APPROVED BY: CITY OF PALM SPRINGS K:L ENGINEERING DEPARTMENT c'I<IFacN�P DAMD J. BARMAN, P.E. - CITY ENGINEER RCE 28931, EXP. 3/31/03 DESIGN BY: SCALE: FILE NO.: MLF 1" = 20' R-00-14 ATTRACTION BOARD PARCEL 1 CHECKED BY: DWG. NO.: SHEET NO.: DJB d�1 1 OF 1 C� � Pg. 3f 2 EXHIBIT "B " �O e GG� TA �y o •0 3 0 6 ui t2 ory^�O��GG 4 oG�c� CY 0 9� 5 DETAIL z ��' Q 0, D� SCALE: 1" = 4' 40o N89'52'00"E 62.12' N N PARCEL 3 PER INST. N0. 465160 3 b RECORDED 10/28/98 SCALE 1" = 20' p SEE DETAIL HEREON 0 TA z 6 6 A .Oe q N00'08'00"W, 16.50' PARCEL 2 PER INST. NO, 465160 RECORDED 10/28/98 NOO'08'00"W, 23.60' N89'52'00"E 57.80' �O ,q� J.. BAI?ARq,�, F` N00'08'00"W, 16.50' o Z y DELI BEARING RADIUS LENGTH TANGENT N89'52'00"E, 4.32' is 1{�•`1 1 N89'S2'00"E 46,42 No. C-28931 N59'29'40"E 2.00 Exp.03,31-03 V 4 S59'29'40'W 4.00 STgTe O CAUFO P N30'30'20"W 1.50 6 N59'2940'E 2.00 �F pALM 9q APPROVED BY: i CITY OF PALM SPRINGS ENGINEERING DEPARTMENT DAVID J. BARMAN, P.E. - CITY E GINEER RCE 28931, EXP. 3/31/03 DESIGN BY: SCALE: FILE NO.: MLF 1" = 20' R-00-14 ATTRACTION BOARD PARCEL 2 CHECKED BY: DWG. NO.: SHEET NO.: DJB 1 1 OF 1 CAA -/7 Pg. 2 of 2 EXHIBIT "B " Qo 3 pe. 4 DETAIL SCALE: 1" = 4' ry� p� �O 0 O� G 2� o 0 ri n o pA0, b 0���ryy0. h z QP fie. N89'52'00"E 62.12' N 3 PARCEL 3 PER INST. N0. 465160 SCALE 1" = 20' m RECORDED 10/2B/98 0 0' o QO. Z SEE DETAIL HEREON �Q 70t NOO'08'00"W, 16.50' PARCEL 2 PER INST. NO. 465160 RECORDED 10/28/98 NOO'08'00"W, 23.60' ESS N89'52'00"E 57.80' J < BA NOO'08'00"W, 16.50' oPJ y DELI BEARING RADIUS LENGTH TANGENT N89'52'00"E, 4.32' 1 N89'52'00"E 11.08 No. C-28931 NO0'O6'00"W 0.67 Exp.03-31-03 N89'52'00"E 10.50 S'T,9T C 1 V 11. \P 4 S00'08'00"E 1.67 F OF S89'52'00"W 10.50 6 NOO'08'00"W 1.00 of pAL,LI sq APPROVED BY: z CITY OF PALM SPRINGS ENGINEERING DEPARTMENT 41(1FCK�'1�' DAVID J. BARAKIAN, P.E. - CITY ENGINEER RCE 28931, EXP. 3/31/03 DESIGN BY: SCALE: FILE NO.: MLF 1" = 20' R-00-14 ATTRACTION BOARD PARCEL 3 CHECKED BY: DWG. NO.: SHEET NO.: DJB 1 1 OF 1 SECOND AMENDMENT TO THEATER LEASE AGREEMENT THIS SECOND AMENDMENT TO THEATER LEASE AGREEMENT (the "Second Amendment") is made and entered into as of December , 2001, by and between the COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS ("Landlord") and THE PARTNERSHIP FOR THE PERFORMING ARTS, L.P., a California Limited Partnership ("Tenant"). RECITALS: A. Landlord and Tenant entered into that certain Theater Lease Agreement dated as of August 19, 1991 as supplemented by that certain side letter between Landlord and Tenant dated August 19, 1994 (the "Side Letter") pursuant to which Landlord subleased to Tenant certain real property, together with improvement thereon and appurtenances thereto, located in the City of Palm Springs, California, as more particularly described in the Sublease (the "Sublease"). A First Amendment to Theater Lease Agreement dated October 1, 1994 was approved by resolution on November 2, 1994. B. The Demised Premises, together with other properties, were leased by Landlord, as lessee, pursuant to that certain Lease and Purchase Agreement dated November 14, 1988, as amended by that certain Addendum to Lease/Purchase of Property Agreement dated March 13, 1989, by and among EARL C. STREBE and FRANCES B. STREBE, as to an undivided one- half interest, and GESKA R. LINANE, SUSAN S. PORTER and DOROTHY ANN ZABEL STREBE, as to an undivided one-half interest (collectively, "Master Lessors") and Landlord, as lessee, a memorandum of which was recorded April 17, 1989 in the Official Records of Riverside County, California as Instrument No. 1230381, and re-recorded May 4, 1989 as Instrument No. 142779, as fiuther amended by Amendment to Lease dated October 15, 1991, between the successors-in-interest to the Master Lessors, an amended memorandum of which was recorded on February 14, 1992 as Instrument No. 051824 of the Official Records of Riverside County, California(as amended the "Master Ground Lease"). C. On September 28, 1998, the Community Redevelopment Agency of the City of Palm Springs, by Resolution No. 1047, approved the acquisition of the Plaza Theatre property, pursuant to that certain Lease and Purchase Agreement dated November 14, 1988. D. On September 28, 1998, concurrently with the acquisition of the Theatre property, which included certain commercial frontage encompassing the Theatre courtyard, the building north of the courtyard (Louise's Pantry) at 124 South Palm Canyon Drive, and the building south of the courtyard (Karen's Corner) at 132 South Palm Canyon Drive, the Community Redevelopment Agency of the City of Palm Springs authorized the sale of the subject commercial frontage to John Wessman, as required pursuant to a lease/purchase agreement between John Wessman and the Community Redevelopment Agency of the City of Palm Springs, approved by Resolution 596 on February 1, 1989. E. The acquisition of the commercial property in front of the Plaza Theatre (the courtyard, etc.), resulted in Theatre signs being located on John Wessman's property. IRV 917274 v I ejeh o- /6 F. Landlord has agreed to acquire a leasehold interest in certain signage locations as specified in that certain Lease Agreement between John Wessman as Trustee of the Wessman Family Trust and Landlord, of even date with this Second Amendment("Signage Lease"). G. Landlord and Tenant agree that Tenant shall sublease from Landlord all rights and responsibilities set forth in the Signage Lease. NOW, THEREFORE, Landlord and Tenant agree as follows: 1. DEFINED TERMS. Capitalized terms not otherwise defined, or redefined, in this Amendment shall have the meaning ascribed to such terms as set forth in the Sublease. 2. INCORPORATION OF SIGNAGE LEASE. This Signage Lease shall be attached hereto as Exhibit "A" and incorporated herein by this reference. Tenant shall assume complete responsibility for all terms and conditions required of Lessee on the Signage Lease. 3. AMENDMENTS TO LEASE. There shall be added to the description of the Premises in the Lease the following: "The Signage placement and locations as described in that certain Lease Agreement laiown as the "Signage Lease" by and between John Wessman as Trustee of the Wessman Family Trust and the Community Redevelopment Agency of the City of Palm Springs, dated December 19, 2001, shall be included in the Premises." 4. NO OTHER MODIFICATIONS. Except as expressly provided in this Second Amendment,the First Amendment, and the Lease as supplemented by the Side Letter, shall remain in full force without modification. 5. REPRESENTATION OF CURRENT PERFORMANCE. Landlord and Tenant agree and affirm that all terms and conditions under the Lease are being performed satisfactorily and that neither party is aware of any existing defaults as of the time of the execution of this Second Amendment. 6. EXECUTION IN COUNTERPART. This Second Amendment may be executed in one or more counterparts, and all so executed shall constitute one agreement binding on all parties hereto, notwithstanding that all parties are not signatories to the original or the same counterpart. (See Signatures next page) -2- � ,�� �_ /7 IN WITNESS WHEREOF, Landlord and Tenant have entered into this Second Amendment to Theater Lease Agreement as of the date first above written. "Landlord" COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS By: Executive Director ATTEST: By: Agency Secretary REVIEWED AND APPROVED AS TO FORM: By: Agency Legal Counsel THE PARTNERSHIP FOR THE PERFORMING ARTS, L.P., a California Limited Partnership By: THE RIFAEL CORP., a California Corporation Its: General Partner By: Its: [RV R 17274 vl -3- -CM t'-!8 Exhibit"A" LEASE AGREEMENT (COURTYARD SIGNAGE) This LEASE AGREEMENT ("Lease") is made and entered into this day of 2001 ("Effective Date"), by and between JOHN WESSMAN, TRUSTEE OF THE WESSMAN FAMILY TRUST, DATED NOVEMBER 16, 1998, a California corporation ("Lessor"), and the COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS, a public body, corporate and politic ("Lessee"). RECITALS A. Lessor is the owner of that certain real property commonly known as the Courtyard located at Palm Springs, California, including all improvements thereon existing as of the Lease Commencement Date. The Lessee wishes to lease three areas for signage in the Courtyard, which three parcels (Parcels 1, 2, and 3) are legally described in Exhibit"A" attached hereto (the"Site" -which includes all three parcels) and are illustrated in Exhibit"B." B. The Lessor wishes to make the Site available to Lessee and Lessee wishes to use such Site under the terms of this Lease to provide adequate signage to support the Plaza Theatre operations. AGREEMENT 1.0 LEASE. Lessor hereby leases and demises to Lessee and Lessee hereby hires from Lessor, for the term and upon the conditions set forth herein, the Site, as legally described in Exhibit "A." Further, Lessor hereby grants to Lessee an irrevocable non-exclusive license during the term of this Lease for ingress and egress, to and from the Site locations seven (7) days a week, twenty- four(24)hours a day. 2.0 LEASE TERM. 2.1 Lease Commencement Date. The Lease Commencement Date shall mean the date this Lease is executed by Lessee. 2.2 Lease Term. The Lease Term shall mean the period commencing upon the Lease Commencement Date and continuing for the period that Lessee provides or intends to provide for the operation of the theater. It is agreed that in the event operation of the theater is temporarily interrupted or discontinued,this lease shall continue so long as Lessee in good faith is attempting to cause the recommencement of theater operations, provided that Lessee shall give Lessor notice as soon as possible of Lessee's decision to permanently cease theater operations. Notwithstanding the foregoing, with respect to Parcel 3 only, the lease term for Parcel 3 shall terminate at the conclusion of the lease term and all extensions thereto for the Plaza Theatre between Lessee and Partnership for the Performing Arts, LP, or upon termination of the lease IRV X15886 vl -I- Exhibit"A" between Lessor and Partnership for the Performing Arts, LP for space within Plaza de las Flores, whichever occurs sooner, unless this lease is extended by the parties hereto with respect to Parcel 3. 2.3 Delivery of Possession. Lessor shall tender delivery of possession of the Site to Lessee within five (5)business days following the Lease Commencement Date. 3.0 RENT. Lessee shall pay to Lessor for the lease of the Site the sum of one dollar ($1.00) per year ("Annual Rent"), which sum shall be paid in advance on the Lease Commencement Date and each anniversary thereafter. 4.0 USE OF SITE. 4.1 Use of the Site. Lessee shall use the Site solely for the purpose of constructing, erecting and maintaining three signs as described in Exhibit `B" attached hereto and incorporated herein by this reference. 4.2 Compliance with Law. Lessee agrees that all operations and activities by or under Lessee on the Site shall be conducted in compliance with all applicable statutes, ordinances, orders, laws, rules and regulations, and the requirements of all federal, state and municipal governments and appropriate departments, commissions, boards and offices thereof, which may be applicable to the Site or to the use or manner of use of the Site. 5.0 ALTERATIONS,MAINTENANCE AND REPAIRS. 5.1 By Lessee. The Lessee agrees, at its expense, to maintain all of the signs in good condition and repair, with the exception that if a sign is damaged by action of Lessor's agent, employee or invitee then Lessor shall contribute to the cost of repair. 5.2 Alterations. In the event that either prior to or during the Lease Term any alteration, addition, or change or otherwise to the Site, or any portion thereof, is required by law or regulation or rule, the same shall be made by Lessee, at Lessee's sole cost and expense. Subject to obtaining all requisite governmental permits and authorizations, Lessee shall have the right to make non-structural alterations to the signs constructed by Lessee upon the Site. 6.0 INSURANCE AND INDEMNITY. 6.1 Insurance Provided by Lessor. Lessor shall maintain fire and extended coverage insurance throughout the term of this Lease. Lessee understands that Lessor's coverages hereunder do not include Lessee's furniture, fixtures or merchandise. Lessee hereby waives any right of recovery from Lessor, its officers and employees, and Lessor hereby waives any right of loss or damage (including consequential loss) resulting from any of the perils insured against as a result of said insurance. 6.2 Indemnification of Parties. The parties agree to indemnify each other, their officers, agents and employees against, and will hold and save them and each of them harmless from, any and all actions, suits, claims, damages to persons or property, losses, costs, penalties, IRV#15886 v1 -2_ eJ?U f: obligations, errors, omissions or liabilities, (herein "claims or liabilities") that may be asserted or claimed by any person, firm or entity arising out of or in connection with the negligent performance of the work, operations or activities of each other, their agents, employees, subcontractors, or invitees, provided for herein, or arising from the use of the Site and the courtyard area by either party or their employees and customers, or arising from the failure of Lessee to keep the Site in good condition and repair, as herein provided, or arising from the negligent acts or omissions of either party hereunder, or arising from either party's negligent performance of or failure to perform any term, provision covenant or condition of this Lease, whether or not there is concurrent passive or active negligence on the part of the other party, its officers, agents or employees but excluding such claims or liabilities arising from the sole negligence or willful misconduct of the other party, its officers, agents or employees, who are directly responsible to the other party, and in connection therewith: 7.0 TAXES. 7.1 Personal Property Taxes. Lessee agrees to pay, prior to delinquency, all taxes levied upon personal property, if any, including trade fixtures, and inventory, not owned by Lessor and kept on or about the Site by or under Lessee. 7.2 Real Property Taxes. Lessor agrees to pay all real property taxes (including any possessory interest taxes and special and ad valorem taxes) and assessments levied or assessed upon the Site. 8.0 CASUALTY DAMAGE. In the event the whole or any part of the sign improvements at the Site shall be damaged or destroyed by any casualty other than those for which the Lessor shall insure pursuant to Section 6.1, at any time during the Lease Term, Lessee shall have the right at its discretion to repair, restore and rebuild such improvements on the same plan and design as existed immediately prior to such damage or destruction and to the same condition that existed immediately prior to such damage. Lessee may cancel this Lease by giving written notice of its election to do so to Lessor within sixty (60) days after Lessee receives notice or acquires knowledge of such damage or destruction meeting described above. 9.0 ASSIGNMENT AND SUBLETTING. Lessor is in agreement that Lessee may sublease the Site to the Partnership for the Performing Art,LP and/or subsequent theater operators. 10.0 DEFAULT; TERMINATION. Either party may terminate this Lease upon a default by the other party. A party shall be in default under this Lease if that party fails to perform obligations required of it within a reasonable time, but in no event later than thirty (30) days after written notice from the other party, specifying wherein the nonperforming party has failed to perform such obligations; provided, however, that if the nature of the nonperforming party's obligation is such that more than thirty (30) days are required for performance then the nonperforming party shall not be in IRV 815886 vl -3- default if it commences performance within such thirty (30) day period and thereafter diligently prosecutes the same to completion. 11.0 QUIET ENJOYMENT. Lessor hereby warrants, represents and covenants that, Lessee may peaceably and quietly have, hold, occupy and enjoy the Site and all of the appurtenances thereto without hindrance or molestation from Lessor or those lawfully claiming an interest in or to the Site through or under Lessor. 12.0 MISCELLANEOUS. 12.1 Condemnation. In the event a condemnation or a transfer in lieu thereof results in a taking of any portion of the Site, Lessor may, or in the event a condemnation or a transfer in lieu thereof results in a taking of twenty-five percent (25%) or more of the Site, Lessee may, upon written notice given within thirty (30) days after such taking or transfer in lieu thereof, terminate this Lease. 12.2 Surrender at End of Term. Any improvements built, constructed, or placed upon the Site by or under Lessee, other than Lessee's trade fixtures, equipment and personal property, shall remain on the Site and become the absolute property of Lessor without any cost to Lessor upon the termination of this Lease, whether by lapse of time or by forfeiture by reason of default provided that Lessee shall have the right to remove its trade fixtures, removable tenant improvements, equipment and personal property on or before expiration or earlier termination of this Lease, provided that Lessee repairs any damage occasioned by such removal. 12.3 Force Majeure. If either party is delayed, prevented or hindered from the performance of any covenant or condition of this Lease because of acts of the other party, Acts of God, adverse weather conditions not reasonably anticipated, war, invasion, insurrection, acts of a public enemy, riot, mob violence, civil commotion, sabotage, labor disputes, inability to procure or general shortage of labor, materials, facilities, equipment or supplies on the open market, unusual delay in transportation, laws, rules, regulations or orders of governmental or military authorities, or any other cause beyond the reasonable control of the parties so obligated, whether similar or dissimilar to the foregoing, financial inability excepted, such performance shall be excused for the period of the delay, and the period for such performance shall be extended for a period equivalent to the period of such delay. 12.4 Waiver. No written waiver of any breach of any of the terms, covenants, agreements, restrictions or conditions of this Lease shall be construed as a waiver of any succeeding breach of the same or other covenants, agreements, restrictions and conditions hereof. Lessor's acceptance of any sum payable by Lessee to Lessor under this Lease while Lessee is in default under the terms of this Lease shall not constitute a waiver by Lessor of such default, other than a default by Lessee in payment of the sum so accepted by Lessor. Lessee shall not rely on any oral waiver and shall not rely on any course of conduct as a waiver of any provision of this Lease. Lessee may rely only on specific waivers confirmed in writing. 12.5 Notices. Whenever in this Lease it shall be required or permitted that notice or demand be given or served by either party to this Lease to or on the other, such notice or demand IRV#15886 vi _4_ shall be given or served and shall not be deemed to have been duly given or served unless said notice is in writing and is either personally served (including service by overnight courier) upon the person for whom intended or mailed, by registered or certified mail, with postage prepaid, addressed to the party for whom intended at the address that follows: Lessor: Wessman Family Trust c/o Wessman Development 1555 South Palm Canyon Drive, Suite G106 Palm Springs, CA 92264 Attn: John Wessman, Trustee Lessee: Community Redevelopment Agency of the City of Palm Springs 3200 E. Tahquitz Canyon Way Palm Springs, CA 92262 Attn: David H. Ready, Executive Director With a Copy to: David J. Aleshire, Esq. Burke, Williams& Sorensen, LLP 18301 Von Karman Avenue, Suite 1050 Irvine, CA 92612 Either Lessor or Lessee may change such address by notifying the other party in writing as to such new address as Lessee or Lessor may desire used and which new address shall continue as the address until further written notice. If any notice or demand is sent by mail as aforesaid, the same shall be deemed served or delivered three (3) days after the mailing thereof in the manner provided above. If any notice or demand is sent by overnight courier as aforesaid, the same shall be deemed served or delivered twenty-four (24) hours after deposit of the same with an overnight courier for delivery to the party to whom intended at the address provided above for such party pursuant to this Section. 12.6 No Oral Agreements. This (i) Lease covers in full each and every agreement of every kind or nature whatsoever between the parties hereto concerning this Lease, (ii) supersedes any and all previous obligations, agreements and understandings, if any, between the parties, oral or written, and (iii) merges all preliminary negotiations and agreements of whatsoever kind or nature herein. Lessee acknowledges that no representations or warranties of any kind or nature not specifically set forth herein have been made by Lessor or its agents or representatives. 12.7 Inurement. Each of the covenants, conditions and agreements herein contained shall inure to the benefit of and shall apply to and be binding upon the parties hereto and their respective heirs, legatees, devisees, executors, administrators, successors, assigns, sublessees or any person who may come into possession of said Site or any part thereof in any manner whatsoever. Nothing in this Section shall in any way alter the provisions against assignment or subletting hereinabove provided. 12.8 Assignment by Lessor. In the event Lessor shall transfer or convey or be divested of its fee estate in and to the Site, and as a part of said transaction shall transfer, convey, IRV N 15886 vl assign or be divested of its interest as Lessor in and to this Lease, then from and after the effective date of said assignment, transfer, conveyance, divestiture or reverter and assumption of this Lease by the transferee, Lessor shall have no further liability, except for liabilities which shall have accrued and be unsatisfied as of such date, for all of which liabilities Lessor shall continue to be obligated notwithstanding any such assignment, transfer, conveyance, divestiture or reverter. 12.9 Severability. If any term, covenant or condition of this Lease or the application thereof to any person or circumstance shall, to any extent, be invalid or unenforceable, the remainder of this Lease, or the application of such term, covenant or condition to persons or circumstances other than those as to which it is held invalid or unenforceable, shall not be affected thereby and each term, covenant or condition of this Lease shall be valid and be in force to the fullest extent permitted by law. 12.10 Authority of Lessor. Each individual executing this Lease on behalf of Lessor represents and warrants that he is duly authorized to execute and deliver this Lease on behalf of Lessor and that this Lease is binding upon Lessor. 12.11 Lessee's Officers and Employees. 12.11.1 Non-liability of Officers and Employees. No officer, official, agent, contractor, or employee of Lessee shall be personally liable to Lessor, or any successor in interest, in the event of any default or breach by Lessor or for any amount which may become due to Lessor or to its successor, or for breach of any obligation of the terms of this Lease. 12.11.2 Conflict of Interest. No officer or employee of Lessee shall have any financial interest, direct or indirect, in this Lease nor shall any such officer or employee participate in any decision relating to this Lease which affects the financial interest of any corporation, partnership or association in which he is, directly or indirectly, interested,in violation of any state statute or regulation. 12.12 Non-Discrimination. There shall be no discrimination against or segregation of any person or group of persons on account of race, color creed, religion, sex, marital status, handicap, age, ancestry or national original in the leasing, subleasing, transferring, use, occupancy, tenure or enjoyment of the Site herein leased nor shall the Lessee itself, or any person claiming under or through it, establish or permit any such practice or practices of discrimination or segregation with reference to the selection, location, number, use or occupancy of lessees, sublessees, subtenants or vendees of the Site herein leased. 12.13 Real Estate Broker. Lessee and Lessor each represent and warrant to the other that it has not dealt with any real estate broker and knows of no real estate broker, agent, or finder that may claim a commission in connection with this Lease, Lessee and Lessor shall each indemnify, defend, and hold the other harmless from and against any claim for any broker's or finder's fee arising out of the acts or omissions of the indemnifying parry. [End - Signature Page and Exhibits Follow] IRV#15886 vl _6_ IN WITNESS WHEREOF, Lessor and Lessee have caused this Lease Agreement to be executed and to be effective as of day and year first hereinabove written. "LESSOR" JOHN WESSMAN, TRUSTEE OF THE WESSMAN FAMILY TRUST, DATED NOVEMBER 16, 1998 Gti.Il/L- °f ESSEE" COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALM SPRINGS Executive Director ATTEST: Agency Secretary APPROVED AS TO FORM: Agency Attorney [End of Signatures] IRV M15886 vl _7_ EXHIBIT "A" ATTRACTION BOARD PARCEL 1 ALL THAT PORTION OF BLOCK 27 AS SHOWN ON THE MAP OF PALM SPRINGS TOWN SITE, RECORDED IN BOOK 9, PAGE 432, RECORDS OF SAN DIEGO COUNTY, CALIFORNIA, DESCRIBED AS FOLLOWS: BEGINNINGATTHE SOUTHWESTCORNER OF PARCEL 3AS DESCRIBED IN GRANT DEED TO JOHN WESSMAN RECORDED OCTOBER 28, 1998, AS INSTRUMENT NO. 465160 IN OFFICIAL RECORDS OF THE COUNTY OF RIVERSIDE, STATE OF CALIFORNIA; THENCE NORTH 89'52'00"EAST,ALONG THE SOUTH LINE OFSAID PARCEL 3,A DISTANCE OF 6.92 FEET TO THE TRUE POINT OF BEGINNING; THENCE CONTINUING ALONG SAID SOUTH LINE, NORTH 89-52-00" EAST, A DISTANCE OF 1.50 FEET; THENCE NORTH 59*29-40" EAST, A DISTANCE OF 3.09 FEET; THENCE NORTH 00'08'00"WEST, PARALLEL WITH THE WEST LINE OF SAID PARCEL 3, A DISTANCE OF 1.21 FEET; THENCE SOUTH 59'29'40" WEST, A DISTANCE OF 4.83 FEET; THENCE SOUTH 00'08'00" EAST, PARALLEL WITH SAID WEST LINE, A DISTANCE OF 0.33 FEET TO THE TRUE POINT OF BEGINNING. COMPRISING 4 SQUARE FEET MORE OR LESS. z r . Pg. 1 of 2 � a tr'� �& EXHIBIT"A" ATTRACTION BOARD PARCEL 2 ALL THAT PORTION OF BLOCK 27 AS SHOWN ON THE MAP OF PALM SPRINGS TOWN SITE, RECORDED IN BOOK9, PAGE 432, RECORDS OF SAN DIEGO COUNTY, CALIFORNIA, DESCRIBED AS FOLLOWS: BEGINNING ATTHE SOUTHWEST CORNER OF PARCEL3AS DESCRIBED IN GRANT DEED TO JOHN WESSMAN RECORDED OCTOBER 28, 1998, AS INSTRUMENT NO. 465160 IN OFFICIAL RECORDS OF THE COUNTY OF RIVERSIDE, STATE OF CALIFORNIA; THENCE NORTH 89'52'00"EAST,ALONG THE SOUTH LINE OF SAID PARCEL 3,A DISTANCE OF 46.42 FEET TO THE TRUE POINT OF BEGINNING; THENCE NORTH 59'29'40" EAST, A DISTANCE OF 2.00 FEET; THENCE SOUTH 30'30'20" EAST, A DISTANCE OF 1.50 FEET; THENCE SOUTH 59'29'40" WEST, A DISTANCE OF 4.00 FEET; THENCE NORTH 30'30'20" WEST, A DISTANCE OF 1.50 FEET; THENCE NORTH 59'29'40" EAST, A DISTANCE OF 2.00 FEET TO THE TRUE POINT OF BEGINNING. COMPRISING 6 SQUARE FEET MORE OR LESS. c_ 3 31 s Pg. 2 of 2 GSA f=�7 EXHIBIT "A" ATTRACTION BOARD PARCEL 3 ALL THAT PORTION OF BLOCK 27 AS SHOWN ON THE MAP OF PALM SPRINGS TOWN SITE, RECORDED IN BOOKS, PAGE 432, RECORDS OF SAN DIEGO COUNTY, CALIFORNIA, DESCRIBED AS FOLLOWS: BEGINNING AT THE SOUTHWEST CORNER OF PARCEL 3 AS DESCRIBED IN GRANT DEED TO JOHN WESSMAN RECORDED OCTOBER 28, 1998, AS INSTRUMENT NO. 465160 IN OFFICIAL RECORDS OF THE COUNTY OF RIVERSIDE, STATE OF CALIFORNIA; THENCE NORTH 89'52'00"EAST,ALONG THE SOUTH LINE OF SAID PARCEL 3,A DISTANCE OF 11.08 FEET TO THE TRUE POINT OF BEGINNING; THENCE NORTH 00'08'00"WEST, PARALLEL WITH THE WEST LINE OF SAID PARCEL 3, A DISTANCE OF 0.67 FEET; THENCE NORTH 89'52'00"EAST,PARALLEL WITH SAID SOUTH LINE,A DISTANCE OF 10.50 FEET; THENCE SOUTH 00'08'00" EAST, PARALLEL WITH SAID WEST LINE, A DISTANCE OF 1.67 FEET; THENCE SOUTH 89*52-00" WEST, PARALLEL WITH SAID SOUTH LINE, A DISTANCE OF 10.50 FEET; THENCE NORTH 00'08'00"WEST, PARALLEL WITH SAID WEST LINE,A DISTANCE OF 1.00 FEET TO THE TRUE POINT OF BEGINNING. COMPRISING 18 SQUARE FEET MORE OR LESS. QQ,4fESS/;�� El ram*+ �t EXPs? eum �'- EXHIBIT "B " G� �O 0�. 0 G 0c Gry"G. o vi QP�,O i 6 0 00 6 0 0 Z DETAL SCALE: 1" 4' SCALE 1" = 20' N89'52'00"E 62.12' 0 N Y N 3 PARCEL 3 PER INST. NO. 465160 o RECORDED 10/28/98 eo 0 0 1 6 z 4 SEE DETAIL HEREON ESS J. BAg4 FZ DELI BEARING I RADIUS I LENGTH I TANGENT 1 N89'52 00 E 1 6.92 N89'52'00"E 1.50 * No. C-28931 N59'29 40 E 3.09 Fxp.03-31-03 4 N00'08'00"W 1.21 `rT,9T Cl V 11- �P S59'29 40'W 4,83 f OF CJ 6 S00'08'00"E 0.33 o� pAIA/sq APPROVED BY: z CITY OF PALM SPRINGS ENGINEERING DEPARTMENT ix-IL GUFO��� DAVID J. BARAKIAN, P.E. - CITY ENGINEER RCE 28931, EXP. 3/31/03 DESIGN BY: SCALE: FILE NO.: MLF 1" = 20' R-00-14 ATTRACTION BOARD PARCEL 1 CHECKED BY: DWG. NO.: SHEET NO.: DJB 1 1 OF 1 Pg. 1 of 2 L°�9 r00 Z4 EXHIBIT "B " G� 0 GG� TA 0 "i 6 M_ o ti��01�GG 4 0 00\Gry 5 �' DETAIL cb\ SCALE: 1" = 4' Q<�0 N89'52'00'E 62.12' N PARCEL 3 PER INST. N0. 465160 3 RECORDED 10/28/98 SCALE 1" = 20' $ SEE DETAIL HEREON o lA Z A 6 A OA 4 N00'08'00"W, 16.50' PARCEL 2 PER INST. NO. 465160 RECORDED 10/28/98 NOO'08'00'W, 23.60' N89'52'00"E 57.80' ESS,�,, 4�49A\0 NO0*08'00'W, 16.50' III DELI BEARING I RADIUS I LENGTH I TANGENT I N89'S2'00"E, 4.32' 1 N89'52 00 E 46.42 No. C-28931 N59'29'40"E 2.00 Erp.0331-03 S30'30 20 E 1.50 `rT CIVIL yTe 4 S59'29 40 1.50 O- N30730 20 1.50 6 N59'29 40 E 200 of pAL,1/9,o APPROVED BY: H CITY OF PALM SPRINGS I * ENGINEERING DEPARTMENT 61 pJ GG IFOKA�� DAVID J. BARAKIAN, P.E. — CITY ENGINEER RCE 28931, EXP. 3/31/03 DESIGN BY: SCALE: FILE NO.: ATTRACTION BOARD PARCEL 2 MLF 1" = 20' R-00-14 CHECKED BY: DWG. NO.: SHEET NO.: DJB 1 1 OF 1 �" At avg. 2'of 2 EXHIBIT "B " pe. Te e 6 DETAIL SCALE: 1" = 4' ry� 0�' Off. G o 0 N "1 o ry1 pyR�GO• b 0��G�ry50 z N89'52'00"E 62.12' N N 3 PARCEL 3 PER INST. N0. 465160 SCALE 1" = 20' RECORDED 10/28/98 o O� 0 z SEE DETAIL HEREON �Q• 6 N00'08'00"W, 16.50' PARCEL 2 PER INST. NO. 465160 RECORDED 10/28/98 NOO'08'00"W, 23.60' N89'52'00'E 57.80' \O BA��K N00'08'00"W, 16.50' DELT FARING RADIUS LENGTH TANGENT N89'52'00"E, 4.32' N89'52 00 E 11.08 No. C-28931 NOO'08'00"W 0.67 EZP•0331-03 N89'52 00 E 10.50 S�7T C 1 V j1, �! 4 S0O'08 OO E 1.67 f OF S89'52'00"W 10.50 6 NOO'08 00 1.00 of PALM s, APPROVED BY: z CITY OF PALM SPRINGS ENGINEERING DEPARTMENT DAVID J. BARMAN, P.E. - CITY ENGINEER RCE 28931, EXP. 3/31/03 DESIGN BY: SCALE: FILE NO.: MLF 1" = 20' R-00-14 ATTRACTION BOARD PARCEL 3 CHECKED BY: DWG. NO.: SHEET NO.: DJB 1 1 OF 1 RESOLUTION NO. OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITYOF PALM SPRINGS, CALIFORNIA,APPROVING A LEASE AGREEMENT WITH JOHN WESSMAN,TRUSTEE OFTHE WESSMAN FAMILYTRUST, FORTHE LOCATION OF THREE (3) PLAZA THEATRE SIGNS IN THE COURTYARD OWNED BY THE WESSMAN FAMILY TRUST AND APPROVING A SECOND AMENDMENT TO THE THEATER LEASE AGREEMENT WITH THE PARTNERSHIP FOR THE PERFORMING ARTS WHEREAS,the Community Redevelopment Agency of the City of Palm Springs, California is the owner of the Plaza Theatre located on South Palm Canyon Drive; and WHEREAS,the Theatre has been leased by the Community Redevelopment Agency to the Partnership for the Performing Arts, which produces the "Fabulous Palm Springs Follies' and WHEREAS, due to ownership changes of the courtyard in front of the Plaza Theatre,certain signs serving the Plaza Theatre are located in the courtyard owned by the Wessman Family Trust; and WHEREAS, the Community Redevelopment Agency of the City of Palm Springs and the Wessman Family Trust have negotiated a Lease Agreement providing forthe lease of three sites in the courtyard for three signs to serve the Plaza Theatre; and WHEREAS, these three leased sign sites will be subleased to the Partnership for the Performing Arts by a Second Amendment to the Plaza Theater Lease Agreement between the Community Redevelopment Agency of the City of Palm Springs and the Partnership for the Performing Arts. NOW,THEREFORE, BE IT RESOLVED by the Community Redevelopment Agency of the City of Palm Springs as follows: Section 1. The above recitals are true and correct and incorporated herein. Section 2. The Lease Agreement (Courtyard Signage) by and between John Wessman, Trustee of the Wessman Family Trust, dated November 16, 1998, and the Community Redevelopment Agency of the City of Palm Springs is hereby approved. Section 3. The Second Amendment to the Theater Lease Agreement between the Community Redevelopment Agency of the City of Palm Springs and the Partnership for the Performing Arts is hereby approved. j4 Resolution - Plaza Theatre Signs Page 2 Section 4. The Executive Director is authorized to execute the Lease Agreement for the signage and the Second Amendment to the Theater Lease Agreement on behalf of the Community Redevelopment Agency. ADOPTED THIS day of 200_ AYES: NOES: ABSENT: ATTEST: CITY OF PALM SPRINGS By: City Clerk City Manager REVIEWED &APPROVED AS TO FORM: