Amendment to Lease Agreement between Meadow Valley Corporation (Ready Mix, Inc.) and Shoppe & Go (June 30, 2003)

Contract Categories: Real Estate › Lease Agreements
Summary

This amendment updates the lease between Meadow Valley Corporation, doing business as Ready Mix, Inc. (the tenant), and Shoppe & Go (the landlord). Effective July 1, 2003, the leased premises expand to include two additional suites, increasing the total space to 3,766 square feet. The lease term now ends April 30, 2005. Monthly base rent is set at $5,865 until April 30, 2004, then increases to $5,955. The tenant receives a $1,900 rent credit in July 2003 and must increase the security deposit to $4,300. All other lease terms remain unchanged.

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EX-10.240 4 p68116exv10w240.txt EX-10.240 EXHIBIT 10.240 AMENDMENT TO LEASE MEADOW VALLEY CORPORATION, DBA READY MIX, INC. The Lease dated September 26, 1996, as previously amended, for Suite 100 by and between Meadow Valley Corporation, dba Ready Mix, Inc., as Lessee and Shoppe & Go as Lessor is hereby amended as follows: - - Effective July 1st, 2003 ("Effective Date"), the Premises shall be expanded to include Suite 200 that contains approximately 850 square feet and Suite 244 that contains approximately 400 square feet for a total expansion of 1,250 square feet ("Expansion Space"). As a result, Lessee's Premises (i.e. Suites 100, 200, 206, 244 and 250) shall total 3,766 square feet. - - The Term of the Lease for the Premises shall expire April 30, 2005. - - On the Effective Date through April 30, 2004, the Base Rent for the Premises shall be $5,865 per month (including $1,900 for the Expansion Space). The Base Rent shall be adjusted to $5,955 on May 1, 2004. - - Lessee shall receive a rent credit of $1,900 during the month of July, 2003. - - Lessee has a Sec Dep. of $2400. - on record for #100 - 9-24-96. - - Lessee's Security Deposit shall be increased 1900. - (#244 & 200 Sec Dep.) to $4300. - no later than the Effective Date. - - Covered parking and signage rents are in addition to the above Base Rent. All other terms and conditions of this Lease shall remain unchanged. The above terms are accepted this 30th day of June, 2003. Lessor: Lessee: /s/ Marie Paige Ready Mix Inc. ________________________________ ____________________________________ By: Marie Paige By: President Building Manager Its: /s/ Robert R. Morris Robert R. Morris