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2014 020 Ordinance
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2014 020 Ordinance
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Last modified
11/19/2018 4:10:58 PM
Creation date
9/11/2018 4:36:40 AM
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Template:
Legislation-Meeting Minutes
Document Type
Ordinance
Number
020
Date
8/18/2014
Year
2014
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(Dption and Tower Lease Agreement <br />Page No. 2 <br />all Landlord Iiens against the Antenna Facilities. <br />b. During the t3ption oF any Lease Term, any new construction will be at Tenant's sole cost <br />and expense. The properry will be restored to it's current landscaping eondition to <br />Landlord's satisfaction and with Landlord's approved vendors. <br />c. Landlord agrees to a11ow Tenant ta construct an eqaipment facility on the exterior of the <br />existing fire staxion building matching the existing facade. However, the location and the <br />style iIi ust be approved by Landlord. <br />%? <br />d. Th co?t of ? and maintenance aurin4 any Lease Terin will be at the soie cost <br />and1xg P se of the Tenant. <br />?-?C?Gi I? <br />,'pie-'' as well as the Tower will become the property of the Landlord subject to <br />Tenant's rights and responsibiiities in this Lease, also with the exception of Tenant's <br />*equipment and antennas. <br />4. Tenant maY exercise the Option, in Tenant's sole discretion, by written "Notice" given to <br />Landlord during the First Option or Extensio?,ant for ? a term of Five (5) yearswith a e" of <br />tb,e Premi.ses, as described in Exhcbxt B to T'e"Commencement Date" of tae date Notice is given and terminating at midnight o° the ;ast <br />day of the month in which the Sth anniversary of the Commencement Date occurs. This <br />Lease shall automaticaily renew on the same tenms, for five (5) successive "Additional <br />Terms" of five (5) years each, unless Tenant gives Landlord writtea norice during the initial <br />term or any Additionai Terms stating Tenant will terminate the Lease at the end the initial <br />term or Additional Term #hea in effect. <br />S. "ReAt" period <br />Monthly Rent <br />$1500.40 ` Initial term <br />$1740.40 1 st Additional term <br />$2088.00 2nd Additional term <br />$2505.00 3rd A.dditional term <br />$3006.00 4tli Adclitional term <br />$360$.04 Sth Additional term <br />Rent shall be payable, in advance, at Landlord's address, on the first day of each calendar <br />month. Rent shall be prorated for any partial menth. <br />2
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