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Charlotte E. Walker 1/9/2026
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Last modified
2/4/2026 4:23:30 PM
Creation date
2/4/2026 4:14:08 PM
Metadata
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Contracts
Contractor's Name
Charlotte E. Walker
Approval Date
1/9/2026
Council Approval Date
10/29/2025
Department
Facilities & Property Management
Department Project Manager
Paul McKee
Subject / Project Title
Lease Assignment and Assumption associated with purchase of 3310 Paine Avenue
Tracking Number
0005102
Total Compensation
$0.00
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 A to Lease Assignment and Assumption <br />which shall not be unreasonably denied and/or withheld, conditioned or delayed beyond ten (10) <br />business days. The foregoing provision shall not apply to a transfer of Tenant's interest in this <br />Lease to an affiliated company of Tenant, defined to include parent companies, affiliates or <br />wholly -owned subsidiaries of Tenant, a purchaser of all or substantially all of Tenant's assets, or <br />a corporation or entity that is a successor to Tenant by merger or consolidation (collectively the <br />"Original Tenant"). No subletting or assignment shall release Tenant or Tenant's obligation or <br />alter the primary liability of Tenant to pay rent and to perform all other obligations to be <br />performed by Tenant hereunder, unless otherwise released in writing by Landlord; provided, <br />however, that any subsequent amendment or modification to this Lease entered into between <br />Landlord and any assignee or sublessee of Tenant shall be unenforceable against the Original <br />Tenant unless the written consent of the Original Tenant shall have first been obtained. <br />Notwithstanding anything to the contrary in this Lease, options, if any, granted under Section 21 <br />herein are personal to the Original Tenant and cannot be assigned or exercised by any person or <br />entity other than said Original Tenant. The acceptance of rent by Landlord from any other person <br />shall not be deemed to be a waiver by Landlord for any provision hereof. <br />13. Condemnation. <br />13.1 Entire or Substantial Taking. If the entire Premises, or so much thereof <br />as to make the balance not reasonably adequate for the conduct of Tenant's business <br />(notwithstanding restoration by Landlord as herein provided) shall be taken under the power of <br />eminent domain, this Lease shall automatically terminate on the date the condemning authority <br />takes possession. <br />13.2 Partial Taking. In the event of any taking under the power of eminent <br />domain which does not so result in a termination of this Lease, the monthly rent payable <br />hereunder shall be reduced, effective on the date the condemning authority takes possession, in <br />the same proportion of the square footage of the Premises taken bears to the total square footage <br />of the Premises prior to the taking. Landlord shall promptly, at its sole expense, restore the <br />portion of the Premises not taken to as near its former condition as is reasonably possible, and <br />this Lease shall continue in full force and effect. <br />133 Awards. Any award for taking of all or any part of the Premises under the <br />power of eminent domain shall be the property of Landlord, whether such award shall be made <br />as compensation for diminution in value of the leasehold or for taking of the fee. Nothing <br />herein, however, shall be deemed to preclude Tenant from obtaining moving or relocation costs, <br />goodwill, the loss of, damage to, or taking of Tenant's machinery, equipment, trade fixtures or <br />furnishings, and any other amount in addition to the foregoing that does not reduce the amount of <br />the award payable to Landlord. <br />14. Liens and Encumbrances. Tenant agrees that it will pay all costs for work done <br />or caused to be done by it on the Premises, and Tenant will keep the Premises free and clear of <br />all mechanic's and other liens on account of work done for Tenant or persons claiming under <br />Tenant. Should any claim of lien be filed against the Premises or any action affecting the title to <br />such property be commenced, the party receiving notice of such lien or action shall promptly <br />9 <br />Initi <br />Initial <br />
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