This contract is a lease agreement between the County of Orange and the Youth Fund of Southern California for approximately 5,508 rentable square feet of office space in Anaheim, California. The lease commenced on March 1, 2010, and will terminate on March 31, 2030. The monthly rent is $9,583.92, with annual adjustments. The contract includes provisions for tenant improvements, insurance, and indemnification. Key aspects of the contract include:
• Lease term: 20 years
• Monthly rent: $9,583.92
• Annual rent adjustments
• Tenant improvements: Lessor will complete tenant improvements at its expense, with a County Improvement Allowance of $10.00 per rentable square foot
• Insurance: Lessor will obtain commercial property insurance and commercial general liability insurance
• Indemnification: Lessor will indemnify the County for any claims arising out of the ownership, maintenance, or use of the premises