American Promotional Events dba Freedom - Red Devil - TNT-2007-12 RECEIV_r)
MAY _ 2007 PROPERTY LEASE AGREEMENT
City Manac�. __r,dament
City of Grand Terra%s Property Lease Agreement ("Lease") is'entered into by and between
Community Redevelopment Agency, of Grand Terrace. '("Lessor") and
'AMERICAN PROMOTIONAL EVENTS, INC., a California Corporation, d.b.a.
Freedom Fireworks/Red Devil Fireworks/TNT Fireworks ("Lessee"), on the
terms and conditions below.
Lessor represents and warrants that it has the authority to lease that
certain real property located at 22293 BARTON ("The Premises") in.the city of
GRAND TERRACE,,California.
Lessor hereby,leases to Lessee and Lessee leases from. Lessor the
Premises. Lessor grants Lessee and a nonprofit organization designated by
Lessee the exclusive right to. occupy the Premises for the sole purpose of
conducting the sale of"Safe and Sane" fireworks from June 28, 2007 to July 4,
2007. Lessee agrees to remove .the temporary fireworks sales booth on or
before July 8, 2007,.leaving the Premises clean and free of debris.
Lessee agrees to maintain and provide Public Liability and Property
Damage Insurance in the amount of TEN MILLION DOLLARS ($90,000,000.00)
combined single limits, pertaining to and protecting against liability arising from
the activities conducted at the Premises by Lessee and the nonprofit
organization. Lessor, and any other parties designated by.the Lessor, will be
named as an additional insured on said policy and a certificate of insurance will
be provided Lesson prior to the occupancy of the Premises.
Lessee shall indemnify, hold harmless and defend Lessor from and
against any loss, claims or costs arising from the use of the Premises by
Lessee and the nonprofit organization.
This Lease is subject to cancellation in the event of either sale of, or
construction on, the property that would prohibit the use of the site. This Lease
is also subject to cancellation if, for any reason, the Lessee is,unable.to secure
a group to operate on 1he premises, or ,the nonprofit organization cannot,
acquire and maintain all city, county, and state licenses and/or permits
necessary to operate a legal fireworks sale on the Premises in compliance with
i
9 I '
I f
applicable law. In the event of cancellation, Lessee shall give Lessor written
notice of the cancellation no later than June 1.5, 2007. Lessor shall refund:efund:the
rent paid within ten (10) days of such notice.
.Lessee agrees to observe all of the obligations hereunder and- Lessor
agrees, Lessee shall have quiet possession and enjoyment of the Premises
during the-term of this Lease.
This Lease contains the -entire agreement between: the parties-. Any
amendment or modification hereto shall be effective only if in writing and signed
by both parties.
Rental consideration-of .this--lease shall be- a-total of ONE DOLLAR
($1.00).
Community Redevelopment Agency of Grand Terrace
By: < Date: 'q
AMERICAN PROMOTIONAL EVENTS, INC.
By:. Date: �D 707
Rick Poe
LOC#XXX069.1
2 `
I
TO WHOM IT MAY CONCERN:
Permission is hereby�granted to. . imel. -
AMERICAN PROMOTIONAL EVENTS, INC., d.b.a., TNT FIREWORKS,
for the exclusive right to use.the.property located at 22293 BARTON
in the-City of GRAND TERRACE,for their'2007_Fireworks.stand.
It is understood that this.sale will be conducted.in accordance with all City,,
County and State regulations, and*the property left clean and free of debris.
Community Redevelopment Agency of Grand Terrace
By -
Date:
Loc#XXX0691
CERTIFICATE OF INSURANCE ISSUE DATE
ACORrD�, 134119/2007
PRODUCER This certificate is issued as a matter of.information only and;confers no rights
RIFF,SEIBELS&WILLIAMS,INC: upon the Certificate Holder.This Certificate does not amend„extend or alter the
MCG
P.O. RIFF,ox. S65 coverage afforded by the policies below.
Birmingham,AL 35202 COMPANIES AFFORDING COVERAGE
205-252-9871
ComApany Crum&Forster Specialty Ins.Co.
INSURED Company Lexington Insurance Company
American Promotional:Events,Inc. B
dba TNT Fireworks
555 North Gilbert Avenue Company"
Fullerton,CA 92833 C
Company
D
Company
E
This is to certify that the policies of insurance described herein have been issued to the Insured named herein for the policy period indicated. Notwithstanding
any requirement.term or condition of contract or other document with respect to which this certificate may be issued or may,pertain,the insurance afforded by'
the policies described herein is subject to all the terms,conditions and exclusions of such policies.'Limits shown may have been reduced by paid claims.
CO TYPE OF INSURANCE POLICY NUMBER EFFECTIVE LIMITS OF LIABILITY
LT EXPIRATION
A GENERAL uAstuTY GLO100992 1.1/01/2006 EACH OCCURRENCE $ 1,000;000 "
®Commercial General Uabiliry 11/01/2007 FIRE.DAMAGE $ , 100,000
❑Claims Made ®occurrence MEDICAL EXPENSE $ EXCLUDED
❑Owners'and Contractors'Protection
®SiR:Sso.000 PERS.AND ADVERTISING INJURY $ 1,000;000
❑ GENERAL AGGREGATE $ 2,000,000
General Aggregate Limit applies per. PRODUCTS AND COMP.OPER.AGG. $ 2,000;000
®Policy ❑Project ❑Location
AUTOMOBILE LIABILITY COMBINED SINGLE LIMIT $
Q Any Automobile BODILY INJURY Per persoril $
❑All Owned Automobiles
❑Scheduled Automobiles BODILY INJURY f Per accident $
❑Hued Automobiles PROPERTY DAMAGE Per accident $
❑Non-owned Automobiles COMPREHENSIVE
❑ COLLISION
WORKERS'COMPENSATION WC Statutory Limilti Other
AND EMPLOYERS'LIABILITY EL EACH ACCIDENT $
EL DISEASE Each em to e $
EL DISEASE(Policy,Limit $
B EXCESS LIABILITY 6762709 11/01/2006 EACH OCCURRENCE $ 10,000,000
®'Occurrence OClaftMade 11101/2007 AGGREGATE' $ 10,000,000
RetentioNDeductible 10,000
$
$
22293 BARTON
GRAND TERRACE,CA tLOC#XXX0691)
The Certificate Holders are named as Additional Insureds with respect to General Liability as required by written contract subject to policy terms,conditions,and
exclusions.
CERTIFICATE"HOLDER SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE
THE EXPIRATION DATE THEREOF THE ISSUING INSURER WILL ENDEAVOR TO
MAIL30 DAYS WRITTEN NOTICE TO THE CERTIFICATE HOLDER NAMED TO THE
LEFT 13UT FAILURE TO DO SO SHALL IMPOSE NO OBLIGATION OR LIABILITY OF
ANY KIND UPON THE INSURER,ITS AGENTS OR REPRESENTATIVES.
COMMUNITY REDEVELOPMENT AGENCY OF GRAND Authorized Representative
TERRACE
CITY OF GRAND TERRACE
22293 BARTON ez
.o s• —
GRAND TERRACE;.CA 92313 i
11a e i of.1 CertitcalelDA 1WBQQ955