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66-515RESOLUTION NO. 66R -515 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM AUTHORIZING AN AGREEMENT OF RENEWAL WITH HOBBS TRUCKING COMPANY. WHEREAS, the City of Anaheim and Hobbs Trucking Company did enter into a lease for a term of five years com- mencing on the 1st day of September, 1961 and ending on the 31st day of August, 1966, wherein the City did lease to Hobbs Trucking Company certain real property situated in the County of Orange, State of California, and described as: a portion of the West half of the southeast quarter of Section 3, Township 4 South, Range 10 West, and more particularly described in the aforementioned lease between the parties; and WHEREAS, under the terms of said lease, Hobbs Trucking Company, Lessee, was given the option to lease the demised premises for an additional five -year period upon the expiration of the term of said lease upon giving written notice of intent to exercise the option not less than ninety (90) days prior to the expiration of the lease. All terms of the lease were to be the same upon exercise of the option, except that the City of Anaheim, Lessor, during the extended period of the lease would have the privilege of termination of said lease upon giving the Lessee one (1) year's notice of intent to terminate the lease upon a finding by the City Council of the Lessor "that the demised premises are necessary for use by the Lessor and WHEREAS, Hobbs Trucking Company, Lessee, did express its written intention to exercise the option but failed to give such notice ninety (90) days prior to the expiration of the term of the lease; and WHEREAS, the City of Anaheim is willing to extend the term of the lease for an additional five (5) years on the same basic terms and conditions with a minor modification rather than to cancel the extended term for failure of the Lessee to strictly comply with the terms of the exercise of option; and WHEREAS, the Lessee is willing to enter into the minor modification with Lessor. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Anaheim that the Indenture of Lease entered into by and between the City of Anaheim, as Lessor, and Hobbs Trucking Company, as Lessee, as of the 1st day of September, 1961, be renewed and extended for an additional term of five (5) years, commencing on the 1st day of September, 1966 and ending on the 31st day of August, 1971, on the same terms and conditions as contained in said lease under date of September 1, 1961, except that during the term of said extension the City shall have the right to cancel such lease at any time, provided the City shall have given notice of its intention to terminate said lease, not less than one year prior to the date selected by it for the termination of said lease; and provided further that the City shall terminate said lease only upon a finding by the City Council that the demised premises are necessary for use by the City, or upon a finding by the City Council that the premises are no longer needed for City purposes and the sale of said premises would be in the best interests of the City. BE IT FURTHER RESOLVED that the Mayor and City Clerk be, and they are hereby authorized to execute such renewal of lease for and on behalf of the City of Anaheim. The FOREGOING RESOLUTION is approved and signed by me this 26th day of July, 1966. ATTEST: (SEAL) CIT CLERK OF THE CITY OF ANAHEIM AL Or RESOLUTION No. 66R -515 AD..J.' BY fHE ANAHEIM -.;ITY i OUP' IL JN 7 -26 -1966 STATE OF CALIFORNIA COUNTY OF ORANGE s.s.: CITY OF ANAHEIM I, DENE M. WILLIAMS, City Clerk of the City of Anaheim, do hereby certify that the foregoing resolution was passed and adopted at a regular meeting of the City Council held on the 26th day of July, 1966, by the following vote of the members thereof: AYES: COUNCILMEN: NOES: COUNCILMEN: ABSENT: COUNCILMEN: AND I FURTHER CERTIFY that the Mayor of the City of Anaheim approved and signed said resolution on the 26th day of July, 1966. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the City of Anaheim this 26th day of July, 1966. -2- MAYOR OF THE CITY ANAHEIM None Dutton I, GENE M. WILLIAMS, CITY CLERK OF THE CITY DE ANAHE14, D:.. HEREBY CERTIFY THAT THE FJ,-EG.,INC I THE it t 14 Pebley, Schutte, Chandler and Krein CIT CLERK OF THE CITY OF ANAHEIM DULY rAEL-,ED AND ITY