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, <br /> ' <br /> LEASE AGREEMENT <br /> THIS LEASE AGREEMENT ("Lease") dated as of October 1, 1996, is <br /> entered into by and between the CITY OF RANCHO PALOS VERDES ("Landlord"), <br /> and Palos Verdes on the Net ("Tenant"). <br /> RECITALS: <br /> A. Landlord is the owner of certain improved and unimproved real property <br /> which is not currently needed for City purposes and which Landlord desires to lease to <br /> Tenant. <br /> B. Tenant desires to lease a portion of such real property owned by Landlord <br /> upon the terms and conditions set forth in this Lease. <br /> NOW, THEREFORE, Landlord and Tenant agree as follows: <br /> 1. DESCRIPTION OF PREMISES <br /> Landlord hereby leases to Tenant and Tenant hereby leases from <br /> Landlord the following portions of that certain real property commonly known as <br /> Recreation and Parks Building at the Rancho Palos Verdes Civic Center (the <br /> "Premises"), located at 30940 Hawthorne Boulevard, Rancho Palos Verdes, California: <br /> All areas within said building with the exception of two enclosed offices which are <br /> indicated in cross-hatch on Exhibit "A". The Premises have been inspected by Tenant <br /> and Tenant hereby acknowledges that, except as specifically set forth in herein, Tenant <br /> is entering into this Lease after such inspection of the Premises and with full awareness <br /> of the conditions and character of the Premises and without reliance upon any <br /> representation as to the condition or character of the Premises which may have been <br /> made by representatives of Landlord. Tenant hereby accepts the Premises "AS IS", <br /> except that Landlord specifically agrees to repair the roof of the Premises and to <br /> maintain said roof in good condition throughout the term of this Lease, in accordance <br /> with the requirements of Section 7(b) hereof. <br /> 2. USE <br /> Tenant shall only have the right to use the Premises for the operation of a <br /> community telecommunication center under the name Palos Verdes on the Net. In <br /> addition, Tenant is authorized to allow the names "Computer Technology Center" and <br /> "Community Computer Technology Center" to be used to refer to the Premises. Tenant <br /> shall not use the Premises for any purpose which is unrelated to the purposes set forth <br /> in this paragraph. <br /> 1 <br />