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R E De ve l opmen t Co. Fa:, :818-757- 7988 May 8 197 11:10 P. ir2/02 <br />ROUGH flRr4i`i MAY CD8 1997. <br />POTENTIAL TENANT., pity of Cotton, CRttRnitY SROIs and Sam i4rr8aD13A SRlar Sanitation <br />Property Addr : 345 W If, Street CE <br />Tantaliva Lease Ttarras: <br />A) Lease Langth__5 yeara <br />S) SPncce . Now Oceupieg $000 Sq. Ft Leags <br />4A►rante 11,300,to 22,300 Sq. Ft Lea" +pith (*hon <br />C) Tenants dead pants..:Yard space, ADA Fed;l#y, P r, caoperetive landlord Wth vision! <br />0) Timing... Must be be%ro July 1, 1997 <br />E) TWlet (Monogram Industriea) <br />F} Landlords deal pniMs..,Credit able to be verified it must be supported by the Ck and City Schools Program <br />G) imprc►vem+ent Needed <br />— Offices No. of square feet around 20oo Sq. Ft <br />Use Panelized Construction he has for house at current location <br />knika Prefobriciti0n hxmquo <br />-- Upgrade t+oileb <br />— t.ightin9 - we Provide btures„he sefrotrt & hung by tenant <br />— Flooring OK now taut OMCO needs carpating <br />Staged occupancy a$ f.*OwS . <br />1Bg7 8 - year 1 11,300 square feet f31dg 1 <br />Year 2 22,600 square feet- Rdg f & 2 <br />15 00- year 3 33,000 aqusse feet Bldg 1,2 & 3 <br />3) man to Purchase at appraised value or $750 M whichever is less as fodaws: <br />valance of $600,000 Interest at 10% fixed $150,000 down, <br />4) Leasefoption; To purtrhese at end of live years <br />5) Zoning Currently M-2 Wth a alley easement wNch has been vacated. <br />6) The rental rate tarlt be app{oximatelY $2500 starting July 1, 1987. (see bekw for abatement) <br />7) A $50,000 {sixty thousand dollar) contraction allowance will be provided by giving Solar <br />SenlZFttion an "abatement of rent” which is twmnty four months of "tree rent". <br />egtL of o€troes, air conditioning, eleetrioal, anti ca Tf is wiff be used to construct the 2000 <br />you, artd any and an permit fees ring, the righting throughmout, we have Used surplus Textures lar <br />y6uarat. iequired. The plat plan and the specs must be submitted to the landlord for <br />app <br />The entire op4ration will be run by Mr. Sam Torres and his staff. He anticipates emplaying 50 handicapped <br />persOnS to a emble the portapothes and lamer oh develop a Prefabricated house a model of which exists and will <br />be moved onto the site. ExWor•ltnpnvwsment3 to be deiayed until year 2 of leaft. All other <br />be determined as needed by th.a City of Colton. .deta9ria of this lease to <br />MAY -08-1997 12:04 818 757 0988 <br />