Resolution 2008-51 - Laserfiche WebLink

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LEASE AGREEMENT THIS LEASE AGREEMENT (hereinafter "Lease") is made and entered effective as of the 1st day of November, 2008, by and between the City of Louisville, a Colorado municipal corporation (hereinafter "Lessor") and the Roland Radcliff, whose address is P.O. Box 264, Louisville, Colorado 80027 (hereinafter "Lessee"). WHEREAS, Lessor is the owner of certain real property described as Lot 6, Block 4, Town of Louisville, County of Boulder, State of Colorado, which lot has an address of 611 Front Street, Louisville, Colorado and upon which property is located a one-story frame upholstery shop; and WHEREAS, Lessee desires to lease such property from Lessor and Lessor is willing to lease such property to Lessee upon a month -to -month basis and the other terms and conditions of this Lease; and WHEREAS, Lessor is authorized to enter into this Lease pursuant to its home rule charter and other applicable law; NOW, THEREFORE, the Lessor and Lessee agree as follows: 1. Leased and Reserved Premises. In consideration of the payment of rent and performance of the covenants and agreements set forth in this Lease, the Lessor leases to Lessee that certain real property described as Lot 6, Block 4, Town of Louisville, County of Boulder, State of Colorado and having a street address of 611 Front Street, Louisville, Colorado, 80027, together with improvements and any furniture or equipment of Lessor located thereon (hereinafter the "Leased Premises"). 2. Term. The term of this Lease shall be month -to -month commencing on the 1st day of November, 2008 and continuing until terminated by either Lessor or Lessee upon 30 days' prior written notice or as provided in this Lease. 3. Purposes. The Leased Premises may be occupied and used by Lessee pursuant to this Lease solely for the following purposes: an upholstery shop. 4. Rent and Utilities. As consideration for this Lease, Lessee shall pay the Lessor rent in the amount of $350.00 per month, payable in advance on the 1st day of each month. Such amount shall be a flat rent for each month, and shall not be prorated based on the number of days in each rental period. Rent shall be payable to the City of Louisville, 749 Main Street, Louisville, Colorado, 80027, or to such other address as directed by Lessor. Rent not paid by the 10th day of the month shall be subject to a late fee of $20.00. In addition to rent, Lessee shall be solely responsible for payment of, and shall directly pay to the providers when due, all utility charges for water, sewer, gas, electric, cable, telephone, trash and other services for the Leased Premises. 1