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Resolution 2010-30
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Resolution 2010-30
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Last modified
3/12/2021 2:58:05 PM
Creation date
8/24/2010 4:52:17 PM
Metadata
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Template:
City Council Records
Doc Type
Resolution
Signed Date
6/1/2010
Ord/Res - Year
2010
Ord/Res - Number
30
Original Hardcopy Storage
7D5
Supplemental fields
Test
RES 2010-30
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less than $600,000 combined single limit for bodily injury and property damage. Such insurance <br /> shall name Lessor, its officers and employee as additional insureds. A certificate of insurance shall <br /> be completed by the Lessee's insurance agent(s) as evidence that a policy or policies providing the <br /> coverages, conditions, and minimum limits required herein are in full force and effect, and shall be <br /> subject to review and approval by Lessor prior to commencement of Lessee =s occupancy of the <br /> Leased Premises. The limits of such insurance shall not limit the liability of Lessee. <br /> 17. Fire or Casualty. In the event of any fire or casualty to the Leased Premises which <br /> makes the same untenantable, Lessee at its option may terminate this Lease, in which case Lessor <br /> may reenter and take possession of said premises. If the Leased Premises, without the fault of <br /> Lessee, shall be slightly damaged by fire or other catastrophe but not so as to render the same <br /> untenantable, Lessor, after receiving notice in writing of the occurrence of the injury, may at its <br /> election either cause the same to be repaired or terminate this Lease and in the case of termination <br /> the Lessee shall be rebated prepaid rents for the period from and after the date of said casualty. <br /> 18. No Waiver of Immunity or Impairment of Other Obligations. The Lessor is relying on <br /> and does not waive or intend to waive by any provision of this Lease the monetary limitations <br /> (presently $150,000 per person and $600,000 per occurrence) or any other rights, immunities, and <br /> protections provided by the Colorado Governmental Immunity Act, C.R.S. §24 -10 -101 et seq., as <br /> from time to time amended, or otherwise available to the Lessor, its officers and employees. <br /> 19. Termination. Lessor or Lessee may terminate this Lease at any time upon 30 days' <br /> prior written notice. Additionally, at the Lessor's option, it shall be deemed a breach of this Lease if <br /> the Lessee defaults in the performance of any material term or condition of this Lease. In the event <br /> the Lessor elects to declare a breach of this Lease, the Lessor shall have the right to give the Lessee <br /> ten (10) days written notice requiring compliance with the terms and conditions of this Lease, or <br /> delivery of the possession of the Leased Premises. In the event any default remains uncorrected after <br /> ten (10) days written notice, the Lessor, at Lessor's option, may declare the lease term ended, <br /> repossess the Leased Premises and expel the Lessee without being deemed guilty of a trespass or of a <br /> forcible entry and detainer and without prejudice to any other remedies to which the Lessor may be <br /> entitled. Additionally, Lessor in the event of default may, but shall not be obligated to, correct or <br /> remedy Lessee =s default at Lessee =s expense. Any such action by Lessor to correct or remedy a <br /> default by Lessor shall not be deemed a waiver or release of default or a discharge of any liability of <br /> Lessee for the expense of correcting or remedying such default. <br /> 20. Restoration of Leased Premises. At the termination of the Lease, the Lessee at its sole <br /> option and expense may remove from the Leased Premises any growing crops and personal property <br /> owned by Lessee. Any such items not removed by the date of termination shall become the property <br /> of the Lessor, and Lessee shall execute and deliver to the Lessor, at the time of termination, a Bill of <br /> Sale for such items. Any fixtures, structures, or improvements owned by Lessee or on the Leased <br /> Premises at the time of termination shall, at the Lessor's sole option, be deemed the property of the <br /> Lessor, or removed at the Lessee's sole expense. <br /> 4 <br />
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