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HomeMy WebLinkAboutVero Fiber Networks, LLC 2026-04-031 Vero Lease Agreement 02.26 LEASE AGREEMENT BETWEEN CITY OF UKIAH AND VERO FIBER NETWORKS, LLC THIS LEASE AGREEMENT (“Agreement” or “Lease”), dated as of the latter of the signature dates below (“Effective Date”), is entered in Ukiah, California, by and between the City of Ukiah (“City” or “Lessor”), and Vero Fiber Networks, LLC, a limited liability company Vero” or “Lessee”). City and Lessee may be referred to herein individually as a “Party,” and collectively as the “Parties.” RECITALS: A. The City owns that certain plot, parcel or tract of land, as depicted on Exhibit 1, together with all rights and privileges arising in connection therewith, located at APN 180-110- 22 ( 1825 Airport Road), in the City of Ukiah, County of Mendocino, State of California collectively, the “Property”). Lessee desires to use a portion of the Property for the location of a temporary office and restroom, as well as storage of equipment and materials, in connection with its work in designing and constructing the Ukiah Gigabit Fiber Project (“ Project”). City desires to grant to Lessee the right to use (i) a 150’ x 200’ portion of the Property comprising an approximate 300’ x 200’ parcel containing sixty thousand (60,000) square feet that is currently vacant (“Premises”), and (ii) the non-exclusive right (the “Rights of Way”) for ingress and egress, seven (7) days a week, twenty-four (24) hours a day, on foot or motor vehicle, including trucks over or along a 10 foot wide right-of-way extending from the nearest public right-of-way, AIRPORT ROAD, to the Premises. B. The City desires that VERO Fiber Networks pay for temporary electrical power to be provided to the Premises for the duration of the Lease, as needed by VERO. Phase 1 of the Project includes the portion of work needed to comply with the FFA grant requirements, including installing fiber optic network routing to connect the 375 unserved locations and any passing locations included in the CPUC FFA Last Mile grant. Phase 2 of the Project is planned as a VERO-financed project to extend the network to all other feasible locations throughout the city. AGREEMENT: NOW, THEREFORE, in consideration of the above-recitals and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, City and Lessee agree as follows: 1. Lease. COU No. 2526-200 2 Subject to the terms and conditions set forth in this Agreement, City grants to Lessee the following: a) a lease to the Premises; b) a non-exclusive license to the Rights of Way, over the Property for access to the Premises. 2. Use of Premises. a) Subject to the terms and conditions of Section 1 above, Lessee may use the Premises solely for the location and use of a temporary office and portable restrooms, storage of materials conduit, handholes, vaults, fiber reels, poles, and related construction supplies), parking, including for construction vehicles, trailers, and other related equipment, and space for a temporary office with access to electrical service and any additional necessary storage containers; (ii) ingress and egress over the Rights of Way of the Property for access to the Premises. b) If fencing becomes necessary to divide the yard during Phase 1 of the Project, Lessee shall be responsible for erecting the fence and for any costs associated with its maintenance. c) Lessee shall not locate equipment outside the Premises without the written consent and agreement of the City. Lessee shall comply with all applicable federal, state, and local laws, orders, rules and regulations (collectively, “Laws”), applicable to Lessee’s use of the Lessee’s Facilities on the Premises. City agrees to comply with all Laws. If Lessee wishes to negotiate an amendment to this Agreement to relocate its equipment shelter to another area on the Property, Lessee shall have sole responsibility for the relocation and will bear all expenses associated with the relocation. However, the City shall have ultimate discretion to deny the relocation request. Lessee shall make no other use of the Premises without the prior written consent of the City in the sole exercise of its discretion. d) Lessee shall allow access to the Premises by the City and any interested purchaser of the Property upon seven (7) days’ written notice by the City. 3. Term. The initial term of this Agreement shall commence upon the Effective Date and expire on January 31, 2028, thereafter (the “Initial Term”). 4. Termination. Either Party shall have the right to terminate this Agreement or any extension thereof at any time upon giving the other Party sixty (60) days’ written notice. If this Agreement is terminated, equipment placed on the Premises or installed by Lessee shall remain the property of the Lessee. Upon the termination of this Agreement, Lessee shall have sixty (60) days to remove its equipment and other facilities from the Premises and other areas of the Property. In removing its 3 Vero Lease Agreement 02.26 facilities and equipment from the Premises and other areas of the Property, Lessee shall not cause a public or private nuisance or otherwise materially and adversely interfere with City’s use of the Premises and other areas of the Property and City facilities on the Property and shall restore the Property substantially to the condition it was in on the Effective Date. Lessee shall indemnify and hold City harmless from any cost, damage, or liability arising from any material and adverse interference to City’s use of the Premises and other areas of the Property and any City facilities caused by Lessee or its officers, agents, employees or contractors during such removal. Sixty (60) days following the expiration or earlier termination of this Agreement, City shall dispose of any equipment or other personal property remaining on the Property thereafter in accordance with Cal. Civil Code Sections 1993 et seq. 5. Rent. Notwithstanding any other provision of this Lease, the parties acknowledge and agree that no monetary rent shall be due or payable by Lessee to City during the Term of this Lease. The Lease is entered into as part of, and in furtherance of, the project known as the Ukiah Gigabit Fiber Project Partnership, as authorized and described in City Contract No. 2526-101. The parties agree that Lessee’s participation in and performance of its obligations related to the Ukiah Gigabit Fiber Project Partnership, pursuant to City Contract No. 2526-101 and any applicable agreements incorporated therein, shall constitute full and adequate consideration in lieu of monetary rent. Except as expressly stated herein, Lessee shall remain responsible for any other costs, fees, utilities, maintenance obligations, insurance, or other expenses as otherwise set forth in this Lease. 6. Property Taxes. The Premises is exempt from real and personal property taxes as City-owned property. Lessee shall be solely responsible for any personal property or possessory interest taxes resulting from its use of the Premises during this Agreement. 7. Indemnification. Lessee shall indemnify, defend and hold City harmless from and against any claim, law suit, judgment, loss, damage, cost or injury arising out of its possession and use of the Premises, including, but not limited to, those caused by, or on behalf of, or through the fault of Lessee, or its contractors, subcontractors, or sub-Lessees, invitees or in any way directly resulting from the presence of Lessee, or its contractors and subcontractors upon City’s lands, including the Premises, or any associated easements. Should City be named in any suit, or should any claim be brought against it by suit or otherwise, whether the same be groundless or not, arising out of this Agreement, or their performance, Lessee will defend City (at City’s request and with counsel satisfactory to City) and indemnify City for any judgment rendered against it or any sums paid out in settlement or otherwise. As used in this Section, “City” includes its officers and employees. 8. Insurance. 4 Lessee shall, at all times during the Term of this Agreement at its cost and expense, buy and maintain insurance of the types and amounts listed below. Failure to buy and maintain the required insurance may result in the termination of this Agreement at City’s option. If Lessee fails to procure and maintain the insurance described below, Lessee shall be in material breach of this Agreement. In case of breach, City, at its election, shall have the right to terminate the Agreement or to procure and maintain, at Lessee’s expense, substitute insurance with right of offset against any money due Lessee. a) Minimum Scope of Insurance. Coverage shall be at least as broad as: i) Insurance Services Office form number GL 0002 (Ed. 1/73) covering Comprehensive General Liability and Insurance Services Office form number GL 0404 covering Broad Form Comprehensive General Liability; or Insurance Services Office Commercial General Liability coverage (“occurrence” form CG 0001). ii) ISO Form No. CA 0001 covering Automobile Liability, Code 1 “any auto” or Code 8, 9 if no owned autos and endorsement CA 0025. iii) Worker’s Compensation Insurance as required by the Labor Code of the State of California and Employers Liability Insurance. b) Limits of Insurance. Lessee shall maintain limits of: i) General Liability: $2,000,000 combined single limit per occurrence for bodily injury, personal injury and property damage. If Commercial General Liability Insurance or other form with a general aggregate limit is used, the general aggregate limit shall apply separately to the work performed under this Agreement, or the aggregate limit shall be twice the prescribed per occurrence limit. ii) Automobile Liability: $2,000,000 combined single limit per accident for bodily injury and property damage. iii) Worker’s Compensation and Employers Liability: Worker’s compensation limits as required by the Labor Code of the State of California and Employers Liability limits of 1,000,000 per accident. c) Self-Insured Retentions. Self-insured retentions must be declared to the City. d) Other Insurance Provisions. The required policies are to contain, or be endorsed to contain, the following provisions: i) General Liability and Automobile Liability Coverages 5 Vero Lease Agreement 02.26 A) The City, it officers, officials, employees and volunteers are to be covered as additional insured as respects; liability arising out of activities performed by or on behalf of the Lessee, products and completed operations of the Lessee, premises owned, occupied or used by the Lessee, or automobiles owned, hired or borrowed by the Lessee. The coverage shall contain no special limitations on the scope-of-protection afforded to the City, its officers, officials, employees or volunteers except shall not apply to sole negligence of additional insureds. B) The Lessee’s insurance coverage shall be primary insurance as respects to the City, its officers, officials, employees and volunteers. Any insurance or self- insurance maintained by the City, its officers, officials, employees or volunteers shall be excess of the Lessee’s insurance and shall not contribute with it. C) Any failure to comply with reporting provisions of the policies shall not affect coverage provided to the City, its officers, officials, employees or volunteers. D) The Lessee’s insurance shall apply separately to each insured against whom claim is made or suit is brought, except with respect to the limits of the insurer’s liability. E) Worker’s Compensation and Employers Liability Coverage. The insurer shall agree to waive all rights of subrogation against the City, its officers, officials, employees and volunteers for losses arising from Lessee’s activities pursuant to this Agreement. ii) All Coverages. Lessee shall provide at least thirty (30) days’ advanced written notice to City of any cancellation or non-renewal of any required coverage that is not replaced. e) Acceptability of Insurers. Insurance is to be placed with eligible California insurers with an A.M. Best’s rating of no less than A-VII for financial strength. f) Verification of Coverage. Lessee shall furnish the City with certificates of Insurance and with original endorsements effecting coverage required by this Agreement. The Certificates and Endorsements for each insurance policy are to be signed by a person authorized by that insurer to bind coverage on its behalf. The Certificates and Endorsements are to be on ACCORD forms. All Certificates and Endorsements are to be received and approved by the City before the Rent Commencement Date. g) Subcontractors. If Lessee uses contractors or subcontractors in its maintenance, repair, replacement, upgrading or other work on the Premises, it shall require reasonable and prudent coverage and limits from any of its subcontractors doing work hereunder. 6 h) Property Loss. Lessor shall not be liable for any loss or damage to Lessee’s property to the extent of the indemnification herein. Notwithstanding the foregoing, Lessee shall have the may self-insure the coverage required above with the City’s prior written approval. In the event Lessee elects to self-insure its obligation to include Lessor as an additional insured, the following provisions shall apply: Lessor shall promptly and no later than thirty (30) days after notice thereof or fifteen (15) days before an answer is due pursuant to a summons provide Lessee with written notice of any claim, demand, lawsuit, or the like for which it seeks coverage pursuant to this Section and provide Lessee with copies of any demands, notices, summonses, or legal papers received in connection with such claim, demand, lawsuit, or the like; Lessor shall not settle any such claim, demand, lawsuit, or the like without the prior written consent of Lessee; and Lessor shall fully cooperate with Lessee in the defense of the claim, demand, lawsuit, or the like. Lessee shall notify Lessor about the disposition of all claims by Lessee’s insurance carrier and shall provide Lessor with any information reasonably requested by Lessor concerning the Lessee’s insurance carrier’s response to the claim. 9. Opportunity to Cure Non-Monetary Defaults. If City or Lessee fails to comply with any non-monetary provision of this Agreement which the other party claims to be a default hereof, the party making such claim shall serve written notice of such default upon the defaulting party. Unless irreparable harm could potentially occur, a grace period of thirty (30) days shall commence to run during which the defaulting party shall undertake and diligently pursue a cure of the default. Such grace period shall automatically be extended for an additional thirty (30) days, provided the defaulting party makes a good faith showing that efforts toward a cure are continuing. 10. Transferability of Lessee’s Interest. Lessee shall have no right to assign, sell or transfer its interest under this Agreement or change ownership or control of Lessee (“Transfer”) without the prior written consent of the City in the exercise of its discretion. 11. Execution of Other Instruments. City agrees to execute, acknowledge, and deliver to Lessee other instruments respecting the Premises, as Lessee or Lessee’s lender may reasonably request from time to time, provided that any such instruments are in furtherance of, and do not substantially expand, Lessee’s rights and privileges herein established. City also agrees to reasonably cooperate with Lessee’s efforts to obtain all private and public consents related to Lessee’s use of the Premises, as long as City is not 7 Vero Lease Agreement 02.26 expected to bear the financial burden of any such efforts. 12. Quiet Enjoyment. City covenants that Lessee shall have quiet and peaceable possession of the Premises throughout the Term as the same may be extended, and that City will not intentionally disturb Lessee’s enjoyment thereof as long as Lessee is not in default under this Agreement. 13. Subordination. Lessee agrees to subordinate this Agreement to any mortgage, trust deed or other pledge or interest which may hereafter be placed on the Premises, provided such mortgage, trust deed or other pledge or interest does not affect Lessee’s the right to possession of the Premises, except in connection with the enforcement or foreclosure of any such mortgage, deed of trust, pledge or other interest or as otherwise required by a lender secured by any such mortgage, deed of trust, pledge or other interest. 14. Binding Effect. All of the covenants, conditions, and provisions of this Lease shall inure to the benefit of and be binding upon the parties hereto and their respective permitted successors and assigns. 15. Entire Agreement. This Agreement constitutes the entire agreement between the parties and supersedes any prior understandings or oral or written agreements between the parties respecting the within subject matter including, but not limited to all of the terms, covenants and conditions of the Existing Agreement. 16. Modifications. This Agreement may not be modified, except in writing signed by the party against whom such modification is sought to be enforced. 17. Notices. All notices, requests, demands and communications hereunder will be given by first class certified or registered mail, return receipt requested, or by a nationally recognized overnight courier, postage prepaid, to be effective when properly sent and received, refused or returned undelivered. Notices will be addressed to the parties as follows: If to City: City of Ukiah Attention: City Manager 8 300 Seminary Road Ukiah, CA 95482 With copy to: Ukiah City Attorney David J. Rapport, Esq. Rapport & Marston 405 W. Perkins Street Ukiah, CA. 95482 If to Lessee: Vero Fiber Networks Attn: Sunita Krishna, Chief Executive Officer 740 US-24 Woodland Park, CO 80863 To Email: skrishna@verofiber.com; ebiagi@verofiber.com With a copy of Notices to: Evan Biagi, Chief Revenue Officer 18. Force Majeure. Neither City nor Lessee shall be liable for any default or delay in the performance of its obligations under this Agreement if and to the extent such default or delay is caused, directly or indirectly, by fire, flood, lightning, earthquake, elements of nature or acts of God, riots, labor disputes, delays in transportation, unavoidable casualty, inclement weather conditions, acts of public utilities, public bodies or inspectors, any delay or impediment caused by the other Party or a party under the direct control or supervision of such other Party, the acts or omissions of the other Party or any party under the direct control or supervision of such other Party, or any other cause beyond the reasonable control of such Party; provided, however, that the non-performing Party is without material fault in causing such default or delay (collectively, a “Event of Force Majeure”). In the event of an Event of Force Majeure, the non-performing Party shall be excused from further performance or observance of the obligation(s) so affected for as long as such circumstances prevail and such Party continues to use its commercially reasonable efforts to resume performance. 19. Incorporation of Recitals. The Recitals are an integral part of this Agreement, and these Recitals are incorporated in this Agreement by reference. 9 Vero Lease Agreement 02.26 SIGNATURES APPEAR ON FOLLOWING PAGE] 10 IN WITNESS WHEREOF, the parties hereto bind themselves to this Agreement as of the Effective Date. City” “Lessee” City of Ukiah Vero Fiber Networks LLC By:____________________________ By: Name: _________________________ Its: Its:____________________________ By: Date:______________________, 2020 Name: Title: Date: _______________________________ ACKNOWLEDGMENTS APPEAR ON FOLLOWING TWO (2) PAGES] Anthony Lingis COO 03/24/2026 Sage Sangiacomo City Manager 04/03/2026 12 LESSEE ACKNOWLEDGMENT State of California County of _________________________________) On ________________________________ before me, ________________________________________, insert name and title of the officer) personally appeared ____________________________________________________________________, who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. Signature __________________________________ (Seal) A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. 13 Vero Lease Agreement 02.26 EXHIBIT 1 DEPICTION OF PROPERTY Page 1 of 1