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CHARLOTTE E. WALKER 9/16/2025
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CHARLOTTE E. WALKER 9/16/2025
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Last modified
9/16/2025 2:03:25 PM
Creation date
9/16/2025 2:02:46 PM
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Contracts
Contractor's Name
CHARLOTTE E. WALKER
Approval Date
9/16/2025
End Date
12/16/2025
Department
Facilities & Property Management
Department Project Manager
Paul McKee
Subject / Project Title
Purchase and Sale Agreement for 3310 Paine Avenue
Tracking Number
0004962
Total Compensation
$2,550,000.00
Contract Type
Real Property
Contract Subtype
Other Real Property
Retention Period
10 Years Then Transfer to State Archivist
Imported from EPIC
No
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Exhibit D-2 <br />(e) The Lease term commenced on January 1, 2013, and the termination date is December <br />31, 2026. <br />(f) Current monthly rent until December 31, 2025 is $7,850.66. Monthly rent from January <br />1, 2026 until December 31, 2026 is $8,086.18. No rent or other sums due have been paid <br />more than one (1) month in advance. <br />(g) Landlord holds a security deposit of $5000.00. <br />(h) The Leased Premises consists of an approximately 13,500 square foot building located on <br />approximately 10,890 square feet of land. <br />(i) Tenant has no option to renew or extend the Lease term. <br />(j) Tenant is in possession of the Leased Premises, is in occupancy of the Leased Premises, <br />and is paying rent, and all of Landlord’s obligations have been satisfied. Except as <br />expressly set forth in the Lease, Tenant has no right to vacate the Leased Premises. <br />(k) All of the construction obligations of the Landlord under the Lease (if any) have been duly <br />performed and completed including, without limitation, any obligations of the Landlord <br />to make or to pay the Tenant for any improvements, alterations or work done on the <br />Leased Premises, and the improvements (if any) described in the Lease have been <br />constructed in accordance with the plans and specifications therefor and have been <br />accepted by Tenant. <br />(l) Neither Tenant nor, to Tenant’s knowledge, Landlord, is in default under the Lease, and <br />Tenant knows of no event that, with the passage of time or giving of notice, will or could <br />constitute a default or breach by Tenant or Landlord under the Lease. Tenant has made <br />no claim against Landlord alleging Landlord’s default under the Lease. <br />(m) Tenant has no offsets or defenses to the payment of rent or other sums or obligations <br />under the Lease and Tenant is not entitled to any credits, reductions, reimbursements, <br />free rent, rent concessions or abatements of rent under the Lease or otherwise against <br />the payment of rent or other charges under the Lease. <br />(n) Tenant has no option or right of first offer to purchase all or any part of the Property or <br />the Leased Premises. Tenant has no option or right of first refusal to purchase all or any <br />part of the Property or the Leased Premises. <br />(o) Tenant is not currently in discussions or negotiations (directly or indirectly) with Landlord <br />with respect to any material amendment or modification of the Lease (including, without <br />limitation, any reduction in the rent or the term thereof). Any material amendment or <br />modification of the Lease (including, without limitation, any reduction in the rent or the <br />term thereof) shall be null and void and of no force and/or effect (and, without limiting <br />the generality of the foregoing, Purchaser shall not be bound thereby) unless and until <br />Purchaser has consented to any such amendment or modification in writing.
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