12-19-2019
Laserfiche
>
Public
>
Flood Diversion Board of Authority
>
Agenda
>
2019
>
12-19-2019
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
12/17/2019 8:51:58 AM
Creation date
12/17/2019 8:51:52 AM
Metadata
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
159
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Download electronic document
View images
View plain text
2 <br /> <br />Section 1.3. Term of Lease, Option to Extend. 1.3.1. This Lease shall be for a term of two (2) years commencing on January 1, 2020 and ending on December 31, 2021. <br />1.3.2. This lease shall be extended at the option of the Lessee for one (1) additional term <br />of one year upon written notice to City by DIVERSION AUTHORITY delivered on or before July 1, 2021. References herein to “this Lease” or “this Agreement” shall be deemed to include any such extensions. <br />ARTICLE II Rent and Common Area Maintenance Charges Section 2.1. Rent. <br />1. Lessee shall pay in advance monthly rent in the sum of $840.00, said sum including an allocation for common area maintenance, payable on the 1st of each month commencing with January 1, 2020, throughout the term of this lease and including the one-year option period, it exercised by the DIVERSION <br />AUTHORITY. <br /> <br /> ARTICLE III Improvements, Conditions and Maintenance of the Demised Premises Section 3.1. Care and Repair of the Demised Premises. 3.1.1. Lessor maintenance. Subject to the Lessor’s right to terminate the lease rather than <br />undertake repairs, Lessor, at its sole expense, shall make all repairs to the structure, <br />including the roof, of the Demised Premises (except those caused by the negligence of Lessee or by an intentional act of Lessee). However, Lessor shall not be required to make any repairs if Lessee is obligated to make them under paragraph 3.2.1 below. Lessee shall promptly notify Lessor of the necessity of any repairs of which Lessee has <br />knowledge and for which Lessor may be responsible under this section. <br /> Lessor shall be responsible for maintenance of the exterior of the building and common area, including all electric wiring and plumbing serving the common area at Lessor’s expense. <br /> <br />3.1.2. Lessee maintenance. Lessee shall take good care of the Demised Premises, and, shall be responsible for the cost of all repairs to electric wiring, plumbing, heating and air-conditioning facilities and the fixtures, equipment and appurtenances therein except those repairs required to be made by Lessor under paragraph 3.1.1, above. As to such <br />repairs made to the building as a whole, Lessee shall proportionately share the DRAFT
The URL can be used to link to this page
Your browser does not support the video tag.