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07-V Lease of Property N. Main
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07-V Lease of Property N. Main
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Last modified
11/8/2005 11:23:19 AM
Creation date
2/6/2003 5:22:35 PM
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AGENDA
Item Number
7V
AGENDA - Type
RESOLUTION
Description
Awarding Lease for 1231 N. Main Street
AGENDA - Date
2/10/2003
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completed, usual wear and tear alone excepted; and LESSEE will, upon the expiration of this lease, <br />peaceably yield up to LESSOR all and singular the premises and all future erections, additions, or <br />repairs to or upon same, in good repair. <br /> <br /> LESSEE shall not install, erect, or provide any device, in addition to such devises and <br />equipment presently located at and in use and in connection with the operation of the leased premises, <br />without first securing the written permission for such installation or provision from the City Manager <br />of the City of Paris. <br /> <br /> 7. INSPECTION <br /> <br /> That it shall be lawful for LESSOR to enter upon and into the leased premises and every part <br />thereof at all times for the purpose of inspecting and examining the condition thereof. <br /> <br /> 8. ASSIGNMENT OF LEASE <br /> <br /> That LESSEE has the right to assign this lease, only after first having received written <br />permission from the City Manager of the City of Paris, with such assignee having all rights, privileges, <br />and obligations contained in this lease. <br /> <br /> 9. DEFA[ILT <br /> <br /> Should LESSEE default in or fail or refuse to keep any of the covenants, conditions, <br />stipulations, or provisions herein contained, then the LESSOR shall, in addition to any and all rights <br />afforded LES SOR under this lease or state law for such default, including, but not limited to, the right <br />to seek monetary damages for injury to the property, specific performance, or other remedies, have <br />the right to terminate said lease by giving the LESSEE thirty (30) days notice in writing of its <br />intention to terminate said lease, and LESSOR shall have the immediate right of possession to any <br />and all properties, improvements, or equipment thereon located, which may be disposed of by the <br />LESSOR as it sees fit. <br /> <br />Lease Agreement...Page 5 <br /> <br /> <br />
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