Downtown Development. By or before August 1, 2015, Blast shall relocate its Business operation to not less than ten thousand square feet (10,000 sq. ft.) of rentable commercial space on the third (3rd) floor of the Downtown Development for a term of not less than five (5) years, and shall execute all necessary documents, including but not limited to a lease providing for Blast’s rental of not less than ten thousand square feet 10,000 sq. ft. of space on the third (3rd) floor of the Downtown Development for a term of five (5) years (“Downtown Lease”). The Downtown Lease shall also provide for base rental payments, in addition to any typical additional rental expenses like common area maintenance, utilities, insurance, taxes and other similar fees, in the following amounts:
Downtown Development. When asked about the reports on down- town development by the Urban Land Insti- tute and the National Main Street program, Xxxxxxx noted that while both had any num- ber of recommendations in them, both reports were done by people who don’t live or work in Orinda. “Some of what they recommended may not be appropriate for Orinda, and some of it may be,” he said. “Some process will be required to identify what kinds of things they want to work on. For example, daylighting San Pablo Creek would be a long-term thing, very complicated. But other things might be able to be done relatively inexpensively, if people want to do it.” One example would be to utilize Xxxxxx Way more effectively for parking. xxxx Xxxxxxx has had a successful career in local government over the past 40 years. He previously served 17 years as Visalia’s city manager, was Albany’s city administrator, and city manager for the cities of Watsonville and Hercules. He also worked for the city of Con- cord in a variety of positions and has served in numerous leadership positions within the California Redevelopment Association, Con- tra Costa City Manager’s Group, and South San Xxxxxxx Valley Division of the League of California Cities – City Managers’ Depart- ment, and is a member of the International City/Council Management Association. Now Xxxxxxx, who has been serving as interim city manger after taking over from Ja- net Xxxxxx who retired in in late February, is Orinda’s new city manager. Why did Xxxxxxx, who might be enjoy- ing a comfortable retirement, agree to take the job? “It was a combination of things,” he said. “I have really enjoyed working with the city council, staff and community, and we’ve ac- complished a fair amount. It got to the point where things might get done faster than other- wise” if he accepted the job. Xxxxxxx negotiated a relatively unusual agreement: he won’t be working full time, but 90 percent, he receives no severance pay and no management leave. The city was flexible, Xxxxxxx noted, because they wanted him to stay. “I’ve been working with Xxxxx for over six months now,” Orinda Mayor Xxx Xxxxxxxx said. “I know he will do well in this job. I look for- xxxx to him leaving his imprint on the city and taking it to the next level.” His contract will run to the end of June 2019, and his base pay will be $224,640 per year, with a possible 3 percent increase in Feb- ruary or March 2018. Xxxxxxx will have 90 percent health benefits, $800 a month for a car, and other benef...
Downtown Development. By or before August 1, 2015 ( “Occupancy Date”), Fishers endeavor to shall make available at least ten thousand square feet (10,000 sq. ft.) of rentable commercial space on the third (3rd) floor of the Downtown Development, and Blast shall relocate its Business to not less than six thousand five hundred square feet (6,500 sq. ft.) of that space (the “Downtown Rental Property”). Blast shall notify Fishers of the exact square footage that it will require at least 180 days prior to the Occupancy Date. Blast shall lease the Downtown Rental Property for not less than five (5) years. Blast, Fishers and FRC acknowledge and agree that they will each use their best efforts to enter into a commercially reasonable gross sublease according to and consistent with the terms of this Agreement that: (1) provides for a five-year term; (2) provides that such lease may be terminated upon 90-days written notice with no further penalty other than those described herein; and (3) does not include a personal guarantee on behalf of Blast (“Downtown Sublease”). In consideration of the benefits described herein and the sublease of a portion of the Downtown Development, the Downtown Sublease shall require Blast to pay the following gross rental payments:
