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provided it became effective as of December 29, 1986. Jacobs
executed a quitclaim deed on September 29, 1987, disclaiming the
rights under the original lease.
After the donation of the Redwood City Fox, Jacobs
negotiated, on behalf of the Players, a short-term lease between
the Players and the County of San Mateo for the East retail space
(including mezzanine), for the period of March 2, 1987, to
December 1, 1987.19 Rent was $4,720 per month, with the County
of San Mateo paying utility expenses, including gas, electrical,
and janitorial services. The Players were responsible for paying
all real property taxes, structural repairs, and fire insurance.
By agreement dated December 23, 1992, Jacobs and the Players
terminated the Jacobs lease. At that time, Jacobs assigned two
existing subleases he had negotiated to the Players.
V. Players' Use of the Redwood City Fox
The Players have offered live theater productions at the
Redwood City Fox from 1987 until the present. Currently, the
Players, operating as the "Peninsula Center Stage", mount 3
productions a year at the Redwood City Fox. Each production runs
for approximately 13 performances. The Players use the West
retail space as the box office for the Peninsula Center Stage.
When not used by the Players, the theater is available for use by
19 The lease agreement between the Players and the County of
San Mateo states the leased premises consists of "approximately
4,000 square feet".
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