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05-F Lease Drug Task Force
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05-F Lease Drug Task Force
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Last modified
11/17/2005 11:15:08 AM
Creation date
5/20/2005 5:22:25 AM
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Template:
AGENDA
Item Number
05-F DTF Lease
AGENDA - Type
RESOLUTION
Description
Lease for Red River Valley Drug Task Force
AGENDA - Date
5/23/2005
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LEASE <br />This Lease is made and entered into by and between CJ Real Property, Inc. referred <br />to in this lease as “Lessor”, and the City of Paris, Texas; the City of Sulphur Springs, Texas; <br />Lamar County, Texas; Hopkins County, Texas; and Delta County, Texas; by and through <br />their respective representatives, acting in consort as the Red River Valley Drug Task Force, <br />referred to in this lease as “Lessee”. <br />In consideration of the mutual covenants and agreements set forth in this lease, and <br />other good and valuable consideration, Lessor does hereby demise and lease to Lessee, and <br />Lessee does hereby lease from Lessor, the premises situated in Delta County, Texas, and more <br />particularly described on EXHIBIT “A” attached hereto and incorporated hereto by reference, <br />(the “Premises”). Improvements consist of: One Metal Construction Commercial Building (the <br />“Building”) consisting of approximately Ten Thousand Square Feet (10,000 Sq. Ft.). Front <br />and rear overhead doors, (1) pit dock, heavy electrical supply. Office space of wood <br />construction is within the interior of the metal building and is two stories. These premises are <br />referred to in this lease as "the Premises" or "the leased Premises". <br />Lessee acknowledges that (a) it has inspected and accepts the Premises, (b) the Building <br />and improvements comprising the same are suitable for the purpose for which the Premises <br />are leased, (c) the Premises are in good and satisfactory condition, and (d) representations as <br />to the repair of the Premises, and promises to alter, remodel or improve the Premises have <br />been made by Lessor as outlined in Paragraph “5” below. <br />1. <br />The term of this Lease shall commence on the commencement date hereinafter set forth <br />and shall end on the last day of the month Twelve (12) months after the commencement date, <br />where the calendar month in which this Lease is executed shall be deemed to be the first <br />month, subject to renewal and extension provided (a) Lessee is not in default at the time of <br />exercise of the respective option, and (b) has not given notice of its intent to terminate this <br />lease as provided herein. The renewal and extension term shall be upon the same terms and <br />conditions of this Lease. <br />The commencement date of this Lease shall be the 1st day of June, 2005 with the first <br />payment due on June 1, 2005. The last day of the last month of this Lease (which is the <br />expiration date of this Lease) is the 31st day of May, 2006,at which time the lease shall be <br />automatically renewable for successive Twelve (12) month periods of time, beginning on June <br />st <br />1 of each year and concluding on May 31 of the following year, subject to termination of this <br />agreement by Lessee by providing thirty (30) days written notice to Lessor of Lessee’s intent <br />to terminate. The terms and this agreement, unless earlier terminated as provided for herein, <br />shall continue for successive Twelve (12) month periods of time not to exceed a total of One <br />Hundred and Twenty (120) months. <br />Lessor covenants and agrees and acknowledges that funds to pay for this Lease <br />Agreement are derived solely and exclusively from a state and federal grant; that such funds <br /> <br />
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