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410 411 <br /> LEASE <br /> This Lease ( "Lease" ) is made and executed as of the <br /> 15th day of January 1994 , by and between the City of Rancho Palos <br /> Verdes, a municipal corporation ( "Landlord" ) , and Times Mirror <br /> Cable Television, Inc. , a Delaware corporation ( "Tenant" ) , who <br /> agree as follows : <br /> 1 . FUNDAMENTAL LEASE PROVISIONS : <br /> (a) (1) Lease Term: 24 months . <br /> (2) Commencement Date : January 15, 1994 . <br /> (3) Expiration Date : January 14, 1996 . <br /> (b) Initial Base Rent : $1, 500 . 00 per month. <br /> (c) Use of Premises : Use of a structure and approximately <br /> 3000 square foot outdoor area as a construction office and for <br /> the storage of construction materials, supplies, and equipment <br /> and related purposes . <br /> (d) Address for Payments of Rent and Notices : <br /> To Landlord: 30940 Hawthorne Boulevard <br /> Rancho Palos Verdes, CA 90274 <br /> Attn: City Manager <br /> To Tenant : 2381 - 2391 Morse Avenue <br /> Irvine, CA 92714 <br /> 2 . PREMISES . In consideration of the Tenant' s agree- <br /> ment to pay the rent, and the covenants and conditions herein <br /> contained, Landlord hereby leases to Tenant and Tenant hereby <br /> hires from Landlord, upon the terms and conditions set forth <br /> herein, use of a structure and an approximately 3000 square foot <br /> outdoor area located on the property commonly referred to as <br /> 30940 Hawthorne Boulevard, Rancho Palos Verdes, California <br /> (a.k.a. 30938 Hawthorne Boulevard) , as delineated and shown in <br /> the cross-hatched areas on the plan designated as Exhibit "A" <br /> attached hereto and incorporated by reference herein (herein <br /> referred to as the "Premises" ) . <br /> 1 <br />