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20C - AA - OC FLOOD CNTRL LEASE 17TH
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11/17/2008
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20C - AA - OC FLOOD CNTRL LEASE 17TH
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1/3/2012 4:26:39 PM
Creation date
11/10/2008 4:45:17 PM
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City Clerk
Doc Type
Agenda Packet
Item #
20C
Date
11/17/2008
Destruction Year
2013
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131"i`lt1C'"1''S agents during the term a('this I;catie shell be diinzcd an acceptance of a slcrrinder oi~ <br />the 1'rerziises, and no agreement tcz accept. a surrender shall lae valid unless irz ~~~riting arzd signed 13y <br />I31L'I'IZIC`"I~. <br />~~.n~° itzstallmirzt or tint due utzder this I:case or arz}~ t}ther sums rzot paid to 1.3ES'1'R1C;`I' whin dr.te <br />{either ilzan interest) shall bear interest at the tnaximuazz rate allowed b};1av~° fraln the date such <br />payment is dui until paid, provided, however, that the payment cif such interest. shall rrat excuse or <br />cure the default. <br />~'~11 covenants and agreements to be pertizrmt;d by 1'ETtit~N`I' under atz~• o#'the terms o#'this 1_ease <br />shall be pirfiznned by "1`INE1N'1' at T`lN:~N"l''S soli cost drzd expenses sand without any abatement of <br />rent. I#' TE~N~N`I° shall fail to p~.}r any Burn of money. other than rent retluired to be paid b}' it <br />hireurzder or shall fail to pirft~rm any other act on its part o bi perfcirrned hereunder, or to pray°ide <br />any insurance nr evidence of in~urancc tti be prtivide;d b}~ "Cl:NE1N'l~, then in additio~z to arty other <br />rc.mc~di4s prciviried Bert=ire, i~1S'l ItiC"1' rrl.ti}. hilt 4hall lz<,t ~:: obli.g<tte°d to do so. anti ~,aitho>_rt vti•rziviaz.g <br />cir releasing TI~;N,~N`C' front arty obligations of'I`1~::~I;~1N`#`, rzzake any° such pa}anent or perforrzz and <br />such act orz `1'I~;:Nf1?~1'l"'-S part to he tnadi or per#cirtnetl as provided. in this L.iase or to provide such <br />insurance. ~rzy payment or pirfortnance of any act or the pxovisiorz o#`any such insurarzci by <br />Dl~'1`121C7" on "I'EN~NT'S hihal#~ shall not give rise to ang~ rLSpansibilit}~ Uzi" E?1S`l`121C"I' to ctzntinui <br />making the same or similar pa}mints or performing. the same- or similar acts. fill casts, expenses. <br />and ether strms incurred or paid by [)IS'l'IZIC'~1• in ccirzrzcction therewith, together ujith interest at the <br />maximum rate pirrnitted by la~~ from. the date incurred or paid by l)1S"1"klC:'t' shall tic deerzzid tci be <br />additional rent lzereundir and shall be paid by T1Nf~N`1' with and at the. same time as the next <br />mcirztlzly itzstallment ci#'rent hereunder, and any default therein shall constitute a hreac:h of the <br />covirzants and conditions of this l..ease. <br />I7. R.ESF..RVA'I'I()NS 'I'n llIS"I'IZIC'I` (Y11°I(;iE1.8.2 N) <br />"#'hi Premises are: accepted "as is" and "where is" li}y "l~laN,A.NT suksject to any and all ex"sting iasernents <br />and l:ncurnbranecs. ll1S"CRIC'"1' riscr~~es the right to install, lay, consiritct, nzaiaztairz, repair, anal operate <br />such. sanitary si~~•ers, drazzs, sttia•rzz v~jatir 5e:~vcrs, pipelines. nzatzlzoles, and cotzrzections; r~"aeon. oil, anti <br />gas pipclirzt:s; telephone and telegraph po«~•cr lines; and the appliances and apl~iurtenanc:is necessary or <br />t;onvinient in ccirznection tlzere~-ith, irz, over,. upon, through, across. and. along the Prcrzzisc:s or arty part <br />ther+:.cil: and to error the Premises for any and all such purposes. <br />I)15"l 1ZIC'~l' also reserves the right to grant franchises, easements, rights of ova}y, arzd permits in, crvtr. <br />upon, through, across, and alozzg any aizd all. portions of the Priizzises. No right. reserved by 1)lS'I`R#C'"l' <br />irz this. clause shall be so exercised as to interfere; unreasoizabl~• with "1'I1'~t~.N"I''4 operations hereunder tzr <br />to impair the security o#'arzy secured creditor of'l'1~Nr1N'['. <br />I)1STRlC`1s agrees that rights graizted to third p<•uties by reas<ira ci#~ this clause shall contain prc~~~isions that <br />the surface of the land shall bc: restorc:d as nearly as practic;abls to its original condition upein the <br />completir>n of 4iny ccinstructioiz. <br />18. IEIt)LDI;v£y Cit~'FR (P4'I(~F:l~).2 ~) <br />In the t;vent `1~FN:~N"l, shall coniintre in possession o#` the Premises after- the term. of this 1 "ease, such. <br />possession shall not he considered a renewal of this lease but a tenancy front nzcxrth to month and shall <br />he governed ~by the conditions and covenants contained in this Lease. <br />S~z~t.t Anct Kircr C'ha3«ctcl it 111-!2! ~~?} ~,•~ <br />17E1y S4rect,~,rians;ic C,er3sr (1tC~v elk, l ?,t?li) <br />20C-49 <br />
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