1994-0315_VAQUERO WEST MERCANTILE_Lease Agreement Amd #2AMENDMENT#2 TO
LEASE AGREEMENT WITH
VAQUERO WEST MERCANTILE
AT 26755 VERDUGO STREET
AMENDMENT made this 15t day of Marc J994 by and between the SAN JUAN
CAPISTRANO COMMUNITY REDEVELOPMENT AGENCY (the "Landlord") and VAQUERO
WEST MERCANTILE (the "Tenant").
RECITALS
A. Landlord and Tenant are parties to a lease agreement dated April 7, 1992 (referred to herein
as the "Lease").
B. The Tenant has projected lease revenue from the second floor of the Premises.
C. The Tenant has requested consideration by the Agency of amended lease terms in an effort
to successfully lease the second floor of the Premises.
D. The Landlord wishes to adjust the terms of the lease to recognize that the revenue projected
from the sublease of the second floor of the Premises is necessary to ensure the successful
operation of the Tenant.
NOW THEREFORE, in consideration of the mutual covenant herein, the parties
agree that the lease is amended as provided herein.
The above Recitals are incorporated into and made part of the Amendment.
2. All references to section numbers herein shall mean sections of the lease unless otherwise
indicated.
3. All reference to terms herein shall mean the terms of the Lease unless otherwise indicated.
4. Paragraph G of the basic provisions of the Lease is amended as follows:
The second floor of the Premises shall be used for professional office space for attorneys,
accountants, architects, insurance offices and other similar uses provided that such office
space shall not be used for any medical, dental or veterinary use. The Premises may also be
used for overnight accommodations. Such accommodations shall not exceed ten (10)
consecutive days in length, shall be leased for a minimum of $50.00 per night, shall be
subject to Title 3 Chapter 3, Article 6 Section 1 (3-3.601) of the San Juan Capistrano
Municipal Code "Transient Occupancy Tax"; and the Tenant shall arrange for parking for
any overnight guests, only in those areas designated as overnight parking. The Premises
shall be used for the foregoing purposes and no other use or purpose (see Paragraph 14 of
Lease).
EXECUTED as of the date first written above.
PP OVED AS ORM:
icn d Deniialter, City Attorney
3/vl�y
ATTEST
Cheryl Jo on,, gency Secretary
SAN JUAN CAPISTRANO COMMUNITY
REDEVELOPMENT AGENCY
VAQUERO WEST MERCANTILE
Tim Holsten, President