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Thursday, June 11, 2020 10:13:51 AM
Per NUGSFarm 360 Espinosa Rd Lease Agreement:
TENANT CAPITAL EXPENDITURE SCHEDULE.
1. Range B: $1,100,000 to $1,500,000 January 2019 through March 2019.
Install fencing around the entire perimeter of the facility. Put in generators,
new electrical, lighting, irrigation, circulation fans, blackout curtains and
ventilation.
2. Range A: $1,100,000 to $1,500,000 April 2019 through June 2019. Install
generators, new electrical, lighting, irrigation, circulation fans, blackout
curtains and ventilation.
3. Range C: $1,100,000 to $1,500,000 July 2019 through September 2019.
Install generators, new electrical, lighting, irrigation, circulation fans,
blackout curtains and ventilation.
4. Warehouse: Approximately $200,000 October 2019 through December
2019. Install generators, sprinklers, new electrical and lighting.
5. Range D: $1,100,000 to $1,500,000 January 2020 through March 2020.
Install generators, new electrical, lighting, irrigation, circulation fans,
blackout curtains and ventilation.
Curious if meeting contract terms for Farm improvements?
https://montereyco.civicinsight.com/addresses/817582/360-espinosa-rd
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