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8869-16 Lease Agreement with Lakewood Child Care Center
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8869-16 Lease Agreement with Lakewood Child Care Center
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6/9/2016 3:09:12 PM
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6/9/2016 3:08:54 PM
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FIRST AMENDMENT <br />TO <br />LEASE AGREEMENT <br />This FIRST AMENDMENT TO LEASE AGREEMENT is made and entered into by and <br />between THE CITY OF LAKEWOOD ( "Landlord "), as successor in interest to Lakewood <br />Hospital Association ( "Original Landlord ") and LAKEWOOD CHILD CARE CENTER, an Ohio <br />nonprofit corporation ('Tenant ") <br />WITNESSETH: <br />WHEREAS, pursuant to a certain Lease Agreement dated as of August 22, 2011 (the <br />"Lease'), Tenant leased from Landlord those certain premises known as Suite 100 which is <br />located on the first floor of the Lakewood Community Health Center located at 1450 Belle <br />Avenue, Lakewood, Ohio and consisting of a total of approximately 6,504 square feet of interior <br />space in Suite 100 and approximately 1,841 square feet of outdoor playground space <br />(collectively, the "Premises ") for a Term which is scheduled to expire on August 31, 2016; and <br />WHEREAS, on December 22, 2015, Landlord acquired fee simple title to the Building <br />from Original Landlord and became Landlord under the Lease; and <br />WHEREAS, Landlord and Tenant desire to amend and /or supplement certain of the <br />provisions of the Lease so as to provide for the extension of the Term of the Lease and the <br />amount of Base Rent to be paid therefor and certain other matters, <br />NOW, THEREFORE, for and in consideration of the premises and the promises and <br />covenants set forth hereinbelow, the parties agree that the Lease is hereby amended and/or <br />supplemented as follows: <br />1. The Term of the Lease is hereby extended for an additional period of two (2) years, <br />commencing September 1, 2016 (the "Effective Date ") and ending on August 31, 2018 <br />(the "First Extended Term "). <br />
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