FACILITIESAMENDED

City of El Segundo Senior Citizen Housing Corporation Board Agenda Packet 2026-06-24

Laundry space lease extended with equipment upgrades

$3,255.00 as additional prepaid rentCity of El SegundoALL VALLEY WASHER SERVICE INCJune 24, 2026

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Description

The El Segundo Senior Housing Corporation and All Valley Washer Service, Inc. executed an amendment extending the Park Vista laundry space lease to March 15, 2031 and requiring $3,255 in additional prepaid rent. The lessee will upgrade dryers, add smartphone-activated hardware, and maintain washer equipment under revised seven-day repair standards.

Contract Details

Contract Amount

$3,255.00 as additional prepaid rent

Vendor

ALL VALLEY WASHER SERVICE INC

Agency

City of El Segundo, CA

Contract Type

FACILITIES

Document Date

June 24, 2026

Contract Term

Extension of current term; lease now expires March 15, 2031 (effective upon completed execution of amendment)

Renewal Date

2031-03-15

Renewal Info

Amendment extends the existing laundry space lease term to a new expiration date of March 15, 2031. Additional prepaid rent of $3,255 is earned at $2.97 per day and any unearned portion must be refunded within 30 days if the lease terminates before the end of the term. Lessee must complete specified dryer replacements and smart hardware installation within 6–8 months of execution.

Issuing Agency