Title
PROPOSED LEASE AMENDMENT FOR CITY OWNED REAL PROPERTY LOCATED AT 120-140 EAST SANTA FE AVENUE - FULLERTON TRANSPORTATION CENTER (Continued from June 17, 2025 Meeting)
Summary
Bushala Brothers, Inc, the tenant at 120-140 East Santa Fe Avenue, requested amending the lease executed in 1990 and amended in 1992 to exercise two ten-year lease extensions through 2047 and grant the option to extend the lease through 2060, with the possibility of an additional term subject to City Council approval as well as expand the leased area and responsibilities.
Recommendation
Proposed Motion:
Approve Lease Amendment No. 2 between the City of Fullerton and Bushala Brothers, Inc. and authorize City Manager to execute all necessary documents.