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12/17/2015 <br /> RECORDING REQUESTED BY; AND 11111111111111111111111111 <br /> WHEN RECORDED RETURN TO: *20151590488* <br /> City of Rancho Palos Verdes <br /> 30940 Hawthorne Blvd. <br /> Rancho Palos Verdes, California 90275 <br /> Attention: City Clerk <br /> [Space Above For Recorder's Use Only] <br /> The undersigned declares that this Memorandum of Lease is exempt from Recording <br /> Fees pursuant to California Government Code Section 27383 and exempt from <br /> Documentary Transfer Tax pursuant to California Revenue and Taxation Code Section <br /> 11922. <br /> MEMORANDUM OF AMENDED LEASE <br /> THIS MEMORANDUM OF AMENDED LEASE (this "Memorandum") is dated as <br /> of November 4, 2015, and is executed by the CITY OF RANCHO PALOS VERDES, a <br /> California municipal corporation ("Lessor"), and SOUTHERN CALIFORNIA EDISON <br /> COMPANY, a California corporation ("Lessee"). <br /> RECITALS <br /> A. Lessor and Lessee previously recorded with the Los Angeles County <br /> Recorder's Office a Memorandum of Lease as document number 95-152340. <br /> B. Lessor and Lessee have entered into that certain First Amendment to the <br /> Building Lease Agreement of even date herewith (the "Amended Lease"), pursuant to <br /> which Lessor has agreed to lease and demise to Lessee, and Lessee has agreed to <br /> lease and accept from Lessor, portions of the real property located in the City of Rancho <br /> Palos Verdes, County of Los Angeles, State of California, at 30940 Hawthorne <br /> Boulevard (the "Property"), that are more particularly described in the Amended Lease. <br /> C. Lessor and Lessee now desire to enter into this Memorandum to provide <br /> record notice of the Amended Lease to comply with Section 37393 of the Government <br /> Code. <br /> AGREEMENT <br /> NOW, THEREFORE, in consideration of the foregoing and other good and <br /> valuable consideration, the receipt and sufficiency of which is hereby acknowledged, <br /> Lessor and Lessee agree as follows: <br /> Lease. Lessor has leased the Property to Lessee pursuant to the Amended <br /> Lease, for an additional term of two (2) years expiring June 30, 2016, at the rental and <br /> upon the other terms and conditions set forth in the Amended Lease, which terms and <br /> conditions are incorporated herein by this reference. <br />