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EXHIBIT B <br />GROUND LEASE <br />BETWEEN: City of Eugene, an Oregon municipal corporation ("City") <br />AND: The Science Factory, Inc., an Oregon ( "The Science Factory") <br />nonprofit corporation formerly known as <br />Willamette Science and Technology Center, Inc., <br />and as Wistec <br />EFFECTIVE <br />DATE: MA"i 0 1 , 2002 <br />RECITALS <br />A. City is the owner of real property within the City of Eugene, Oregon, inside an area <br />commonly known as Alton Baker Park ( "Park "). <br />B. The Science Factory is in possession of a building located on a portion of the Park <br />( "Building "), under a Lease between City and The Science Factory dated March 1, 1999. <br />C. The Science Factory now desires to acquire the Building from City and to lease an <br />appurtenant portion of the land within the Park, all as more fully depicted on Exhibit 1 <br />( "Land "). The Land includes certain landscaping, irrigation and other similar alterations and <br />improvements. As used below (including, but not limited to, Section 6. 1), the term "Land" <br />includes those alterations and improvements. <br />D. The City Council has directed City staff to proceed with disposal of the Building and a lease <br />of the Land under certain terms and conditions relating both to the land and Building. <br />E. The public purpose and benefit derived from The Science Factory's acquisition of the <br />Building and lease of the Land is the continuation of a beneficial community service (that <br />is, the provision of scientific and educational resources to the public generally and to students <br />throughout the State of Oregon) in a park setting conducive to scientific and educational <br />activities and readily accessible by and visible to the public. <br />F. Accordingly, City wishes to work with The Science Factory to assure The Science Factory's <br />long -term viability and ability to continue to fulfill the beneficial community service <br />provided by The Science Factory, by conveying the Building to The Science Factory pursuant <br />to a separate Acquisition Agreement dated effective , 2002 and by <br />leasing the Land to The Science Factory pursuant to this Ground Lease ( "Lease "). To <br />provide for the consistent and uniform use and maintenance of the Land and the Building, <br />and otherwise to provide for consistent and uniform rights and obligations of the parties with <br />respect to both the Land and the Building, and to provide for consistent and uniform use and <br />maintenance of the Land and Building, this Lease contains certain provisions that apply to <br />both the Building and the Land. <br />GROUND LEASE - 1 Exhibit B - Page 1 of 12 <br />