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Resolution 2015-69
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Resolution 2015-69
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Last modified
3/12/2021 4:13:23 PM
Creation date
10/8/2015 8:04:30 AM
Metadata
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City Council Records
Also Known As (aka)
City Shops Lease 2015 Human Movement (2 agreements?)
Doc Type
Resolution
Signed Date
10/6/2015
Ord/Res - Year
2015
Ord/Res - Number
69
Property Address Number
1501
Property Address Street Name
Empire
Cross-Reference
Agreement Lease 95.040 Leases
pka City Shops Facility
Original Hardcopy Storage
7D6
Record Series Code
45.160
Record Series Name
Resolutions
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RES 2015-69
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ARTICLE 12 - SURRENDER OF PREMISES, HOLDING OVER <br />12.1 SURRENDER OF PREMISES. Within thirty (30) days after the expiration or <br />termination of this Lease as provided herein, TENANT shall at its sole expense remove from the <br />Premises any and all personal property. Any items of personal property not removed shall, at <br />LANDLORD's option, become the property of the LANDLORD, and TENANT shall execute <br />and deliver to the LANDLORD a Bill of Sale for such items of personal property. Any fixtures, <br />structures, or improvements installed by TENANT or located on the leased Premises at the time <br />of termination shall be deemed the property of the LANDLORD <br />12.2 HOLDING OVER. This Lease and the tenancy created shall cease and <br />terminate at the end of the original term hereof, unless extended as provided herein, without the <br />necessity of notice, and TENANT hereby waives notice and agrees that LANDLORD shall be <br />entitled to summary recovery of the Premises. Any holding over after the expiration of the term <br />hereof, with or without the consent of LANDLORD, shall be construed to be a tenancy at <br />sufferance, and LANDLORD shall be entitled to collect rental as provided by law for such <br />tenancy, but not less than one hundred fifty percent (150%) of the monthly rental rate set forth in <br />Article 1, together with all other rent and charges due hereunder. <br />ARTICLE 13 — CONDEMNATION <br />If during the term of this Lease or any renewal hereof, the whole of the Premises are condemned <br />or taken in any manner for public use, or if a portion of the Premises is condemned or taken in <br />any manner for public use to an extent that constitutes an unreasonable interference with <br />TENANT's business operations, then in either event TENANT may elect to terminate this Lease <br />as of the date of the vesting of title in such public authority. LANDLORD shall be entitled to that <br />portion of condemnation award attributable to LANDLORD's interest in the Premises. TENANT <br />shall be entitled to that portion of the condemnation award attributable to TENANT's leasehold <br />interest in the Premises, the loss of all improvements, trade fixtures and other personal property <br />on the Premises, all business losses and relocation costs. <br />ARTICLE 14 - DESTRUCTION OF PREMISES <br />14.1 TOTAL DESTRUCTION. If the Premises are totally destroyed by fire or other <br />casualty or if the Premises are partially destroyed to an extent that constitutes an unreasonable <br />interference in TENANT's business operations, then TENANT shall have the option of <br />terminating this Lease upon written notice to LANDLORD within thirty (30) days after such <br />casualty loss, in which event rent and all other payment obligations herein shall cease as of the <br />date of such casualty, and neither LANDLORD nor TENANT shall have any further obligations <br />or rights hereunder except with respect to those provisions which expressly survive termination <br />of this Agreement. <br />14.2 PARTIAL DESTRUCTION. In the event of fire or other casualty and <br />TENANT elects to continue under this Lease as provided in Section 14.1, then TENANT shall <br />restore the Premises to the same or better condition as existed prior to such fire or other casualty. <br />TENANT shall commence restoration of the Premises as soon as reasonably possible and <br />11 <br />
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