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Ground Lease <br /> Basic Terms <br /> Date: , 2025 <br /> Landlord: City of San Marcos <br /> Landlord's Address: 630 East Hopkins Street, San Marcos, Texas 78666 <br /> Tenant: Ruben Becerra <br /> Tenant's Address: 208 East Mimosa Circle, San Marcos, Texas 78666 <br /> Premises <br /> i <br /> Area: Approximately 9,260 square feet as shown in the attached Exhibit"A" <br /> Location: 201 South LBJ Drive, San Marcos,Texas 78666 <br /> Term: <br /> Commencement Date: January 1, 2025 <br /> Termination Date: January 31, 2026 <br /> Renewal: Subject to mutual agreement of the parties, provided either party notifies <br /> the other in writing of its intention to renew within 90 days of Termination <br /> Date. <br /> Rent: Year 1 (2025): $5,556.00 <br /> January 2026: $476.89 <br /> Permitted Use: Continuation of existing premises use by business, as retail food service <br /> operations, restaurant, or bakery; banned uses for lease and subleases specifically include adult <br /> oriented businesses,tattoo parlors, cannabis products shops. <br /> Tenant's Insurance: As required by Insurance Addendum <br /> Definitions <br /> "Agent"means agents, contractors, employees, licensees, and,to the extent under the <br /> control of the principal, invitees. <br /> "Essential Services"means utility connections reasonably necessary for occupancy of the <br /> Permitted Use. <br />