c. Contract approval
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c. Contract approval
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<br />the equipment and restore the property at the sole cost and expense of Tenant who shall pay to <br />Landlord the expenses incurred plus a $100.00 daily fee for each day past the grace period, as <br />specified above. <br /> <br />12. Insurance: Damage to Tower or Site. <br /> <br />12.1. Tenant shall maintain at its sole cost and expense policies of Comprehensive <br />General Liability Insurance insuring against liability for injury or death to persons or <br />damage to property arising from Tenant's activities on, in or about the Premises in an amount <br />not less than $5,000,000.00. Landlord shall be named as an additional insured on Tenant's insurance. <br />Tenant will supply Landlord with a Certificate of Insurance verifying such coverage. <br /> <br />12.2. In the event of damage or destruction to the Tower or other improvements on the <br />Site, Landlord in its sole and absolute discretion shall have the right to either terminate this <br />Lease upon written notice to the Tenant or, Landlord may with reasonable promptness and <br />diligence begin and proceed with repair, rebuilding, and/or restoration of the Tower and other <br />improvements on the Site. If Landlord is proceeding with repairs or restoration, this Lease shall <br />not abate or terminate by reason of such damage or destruction. Tenant shall also have the right <br />to erect temporary transmitting facilities on the Site, provided that such facilities do not <br />interfere in any way with Landlord's repair and reconstruction of the basic facilities. Tenant <br />shall have the right to substantially identical space on any rebuilt or restored tower pursuant to <br />this paragraph. Upon written notice of termination from Landlord to Tenant, this Lease shall <br />terminate and be of no further effect and Tenant shall not be entitled to any payment from <br />Landlord other than a rebate of any prepaid rent. Tenant shall be responsible for repairing, <br />restoring or replacing any or all of Tenant's property, at Tenant's expense. <br /> <br />13. Condemnation. If that portion of the Site on which the Tower or Transmitter Building is <br />located is acquired or condemned by any public authority under the power of eminent domain, this <br />Lease shall terminate as of the date title is vested in the public authority. Tenant shall be entitled to <br />a rebate of an appropriate portion of its rent if paid in advance. Landlord shall be entitled to all <br />compensation or awards relating to such taking. Tenant acknowledges that this Lease does not <br />entitle Tenant to any portion of any such condemnation award. If a portion ofthe Site other than the <br />portion upon which the Tower or Transmitter Building is located is acquired or condemned as set <br />forth herein, then Landlord, at its sole and absolute discretion shall determine whether to terminate <br />this Lease or whether it shall continue. <br /> <br />14. Ground Lease. Tenant acknowledges and agrees that this Lease is subject to the terms <br />and conditions of a Ground Lease between Landlord and the owner of the Site (the "Ground <br />Lease"), the term of which may expire or terminate prior to the expiration of the Term. Landlord <br />may terminate this Lease without further obligation or liability to Tenant by giving thirty (30) <br />days' written notice to Tenant upon termination or expiration of the Ground Lease. <br /> <br />15. Taxes. If this Lease shall adversely affect the tax exempt status of Landlord for real <br />estate tax, income tax or any other purpose, Landlord shall have the right to terminate this Lease <br />an any time with or without notice. The determination that this Lease will adversely affect such <br />tax exempt status shall be made at Landlord's sole discretion, whether based upon a ruling or <br />informal statement by an agency of local, state or federal government or upon the opinion of <br /> <br />DCOlDOCS323884.2 <br /> <br />5 <br />
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