Loading...
Agreement - Union Pacific Railroad Company - Lease - Audit No. S183439 - Signed 2019-07-01*769052* 1111111 1111 11111 11111 11111 11111 1111111 REMS FileNet Cover Sheet AUDIT NUMBER S183439 FOLDER NUMBER 0149800 CITY GILROY STATE CA PARTY NAME GILROY, CITY OF PRIMARY PURPOSE Lease: Public/Private Parking EFF. DATE 7/1/2019 MP START 80.2 MP END PRIMARY CIRC7 C0072 DESCRIPTION Rent Letter (07-01-2019) BOX NUMBER 0 BATCH 00 April 25, 2019 Folder: 1498-00 U.S. CERTIFIED MAIL RETURN RECEIPT REOUESTED GILROY, CITY OF 7351 ROSANNA ST GILROY, CA 95020 Greetings: Reference is made to that certain Lease dated January 4, 2011, between UNION PACIFIC RAILROAD COMPANY (Lessor) and GILROY, CITY OF (Lessee) covering a portion of the Lessor's property at Gilroy, California. Said Lease is identified in the Lessor's records as Audit No. S183439. Article III of this Lease provides for a periodic reevaluation of the lease rental. The Railroad Company has established system wide procedures for assessing lease rentals and, as part of these procedures, we have set a minimum rental charge of $5,000.00 per annum. This letter is to advise you that effective July 1, 2019 ('Effective Date'), the rent shall be Five Thousand Dollars ($5,000.00) annually. Commencing twelve (12) months from the Effective Date, the rent shall automatically and without notice to the Lessee be adjusted by Three Percent (3%) annually cumulative and compounded. You will be billed at your new lease rate on the next billing cycle. Also, attached is a Real Estate Environmental Lessee Ouestionnaire for you to complete and return to me. Sincerely, Peter Kenney Senior Manager - Real Estate (402)544-8581 Union Pacific Railroad Real Estate 1400 Douglas Street Stop 1690 Omaha, Nebraska 68179-1690 fx. (402) 501-0340 SENDER: COMPLETE THIS SECTION COMPLETE THIS SECTION ON DELIVERY • Complete items 1, 2, and 3. • Print your name and address on the reverse so that we can return the card to you. • Attach this card to the back of the mailpiece, or on the front if space permits. 1. Article Addressed to: GILROY, CITY OF 7351 ROSANNA ST GILROY, CA 95020 1 L ill 11111111 11 1 111 11111 1111 9590 9402 3297 7196 4516 95 2 n.+ ..m ni, ,.ntior ?rancffr from service label) 7016 0910 0000 8120 7242 A. Signature X B. Received by (Printed Name) ❑ Agent ❑ Addressee C. Date of Delivery D. Is delivery address different from item 1? ❑ Yes If YES, enter delivery address below: 0 No 3. Service Type ❑ Adult Signature dull Signature Restricted Delivery edified Mail® ertitled Mail Restricted Delivery ❑ Collect on Delivery ] Collect on Delivery Restricted Delivery ii II Restricted Delivery ❑ Priority Mall Express® 0 Registered Mail*" ❑ Registered Mall Restricted Delivery ❑ Retum Receipt for Merchandise ❑ Signature Confirmation" ❑ Signature Confirmation Restricted Delivery PS Form 3811, July 2015 PSN 7530-02-000-9053 Domestic Return Receipt