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Reso 98- 53
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Reso 98- 53
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Last modified
11/6/2015 12:07:34 PM
Creation date
1/25/2006 1:56:11 PM
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Template:
CityClerk-Resolutions
Resolution Type
Resolution
Resolution Number
98-53
Date (mm/dd/yyyy)
05/28/1998
Description
Amend Lease for Office Space for SIB Government Ctr (Include Police).
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<br />. <br /> <br />is modified and superceded as follows: Lessee may also bond off liens caused by <br />Lessee's failure that may be placed on Lessor's title. <br /> <br />s. Thirty-Third Paragraph: Eminenr Domain. The language contained in the Base Lease <br />is modified and superceded as follows: If the entire shopping center is taken for any <br />reason whatsoever by any public authority, then either party shall have an immediate <br />right to terminate this lease agreement and Lessee shall retain its portion of any award <br />for the personal property and improvements contained in the leased premises only. If <br />a portion less than 50% of the shopping center is taken and the leased premises are <br />unaffected by this action, the lease shall remain in full force and effect. <br /> <br />T. Thirty-Seventh Paragraph: Delivery of the Leased Premises. The language contained <br />in the Base Lease is modified and superceded as follows: Lessee will return the <br />premises to Lessor in the condition specified in this paragraph either upon the <br />termination date of the lease agreement or in the event the lease is terminated prior. <br /> <br />U. Thirty-Ninth Paragraph: Notice of Termination. The language contained in the Base <br />Lease is modified and superceded as follows: Lessee will permitted to deliver Lessor <br />three(3) full calendar months written notice prior to the expiration of the lease term to <br />inform Lessor of their intent to terminate the lease agreement and not execute their <br />options. <br /> <br />V. Forty-Sixth Paragraph: Display Restrictions. The language contained in the Base <br />Lease is modified and superceded as follows: All requirements imposed on Lessee <br />will also be in all other tenant leases in the shopping center and be uniformly enforced. <br />Lessor's consent to signage will not be unreasonably withheld. <br /> <br />W. Fortv-Ninth Paragraph: Lessee Breach. This paragraph will be deleted in its entirety. <br /> <br />X. Fifty-Fourth Paragraph: Use of Additional Areas. The language contained in the <br />Base Lease is modified and superceded as follows: Any relocation of Lessee will be <br />agreed upon by Lessor and Lessee prior to any relocation. Lessee will agree to <br />relocation with the understanding that all costs are to borne by Lessor, including all <br />built to suit requirements of Lessee. <br /> <br />AGREED TO this ~ day of May, 1998 by: <br /> <br />R. K. ASSOCIATES, INC. (Lessor) <br /> <br />J--- - J:V1~~J <br /> <br /> <br />Page 7 of 7 <br />
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