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Resolution 2008-51
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Resolution 2008-51
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Last modified
11/29/2023 8:57:12 AM
Creation date
2/17/2009 10:33:36 AM
Metadata
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City Council Records
Also Known As (aka)
Post Office Bldg_637 Front St Lease 2008 - Upholstery Shop
Doc Type
Resolution
Signed Date
11/3/2008
Ord/Res - Year
2008
Ord/Res - Number
51
Subdivision Name
Louisville Town of
Original Hardcopy Storage
7D5
Record Series Code
45.160
Record Series Name
Resolutions
Supplemental fields
Test
RES 2008-51
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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 items of personal property owned by <br />Lessee. Any items of personal property not removed by the date of termination shall become the <br />property of the Lessor, and Lessee shall execute and deliver to the Lessor, at the time of termination, <br />a Bill of Sale for such items of personal property. Any fixtures, structures, or improvements owned <br />by Lessee or on the Leased Premises at the time of termination shall, at the Lessor's sole option, be <br />deemed the property of the Lessor, or removed at the Lessee's sole expense. <br />21. Notices. Any notices or communication required or permitted hereunder shall be <br />given in writing and shall be personally delivered, or sent by facsimile transmission or by United <br />States mail, postage prepaid, registered or certified mail, return receipt requested, addressed as <br />follows: <br />Lessor: Lessee: <br />4 <br />
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