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Reso 2016-2534
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Reso 2016-2534
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Last modified
2/9/2023 9:43:26 AM
Creation date
3/21/2016 2:34:57 PM
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CityClerk-Resolutions
Resolution Type
Resolution
Resolution Number
2016-2534
Date (mm/dd/yyyy)
03/17/2016
Description
Triple Net Leaseback Agmt wCorner House for 15800 Collins Avenue
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10. Alterations. Tenant shall perforth all work and alterations the Property at <br /> Tenant's expense in compliance with all applicable laws provided that notice is <br /> provided to Landlord. <br /> Tenant shall pay, when clue, all claims for labor or materials furnished to or for Tenant at <br /> or for use in the Property, which claims are or may be secured by any mechanics' or <br /> materialmens' liens against the Property or any interest therein. Landlord shall be deemed <br /> the owner of all alterations. <br /> 11. Repairs and Maintenance. It shall be the Tenant's sole responsibility to keep and <br /> maintain the entire Property, and every part thereof', in good condition and make all <br /> necessary repairs and replacements necessary to keep the Property in safe operating <br /> condition during the term of the Lease. Tenant shall keep and maintain the Property <br /> in a clean, sanitary and safe condition, at all times during the term of the Lease, in <br /> accordance with all local,state and federal laws and in accordance with all directions, <br /> rules and regulations of the health officer, fire marshal, building inspector, or other <br /> proper officials of the governmental agencies having jurisdiction,at the sole cost and <br /> expense of Tenant, and Tenant shall comply with all requirements of law, ordinance <br /> and otherwise, affecting said Property. <br /> Tenant shall keep and maintain the Property including the roof, heating, plumbing, <br /> electrical,air conditioning, and other mechanical systems in good condition and repair and <br /> shall replace all broken glass in the Property with glass of the same kind and quality as that <br /> broken. if Tenant refuses or neglects to commence and to complete repairs promptly and <br /> adequately after written notice from Landlord and after Tenant has failed to complete said <br /> repairs within thirty (30)clays from the date of such written notice, Landlord may, but.shall <br /> not be required to do so, make and complete said repairs, and Tenant shall pay the cost <br /> thereof to Landlord upon demand. At the time of the expiration of the tenancy herein, <br /> Tenant shall surrender the premises in good condition, reasonable wear and tear excepted. <br /> 12. Access and Right of Entry. After reasonable notice from Landlord (except in cases <br /> of emergency where no notice is required) Tenant shall permit Landlord and its <br /> agents, employees and contractors to enter the Property at all reasonable times to <br /> make any necessary repairs, inspections, alterations and/or improvements, provided <br /> that Landlord's activities within the Property shall not unreasonably interfere with <br /> Tenant's use and enjoyment of the Property. This Section shall not impose any repair <br /> or other obligation upon Landlord not expressly stated elsewhere in this Lease. <br /> 13. Signage. Tenant shall install signage at Tenant's sole option and expense and in <br /> compliance with all applicable laws. Tenant shall not damage or deface the Property <br /> in installing or removing signage and shall repair any injury or damage to the <br /> Property caused by such installation or removal. <br /> 411 <br /> 4 <br />
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