05-23-2018 Council Packet - Laserfiche WebLink

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shall terminate immediately, in which case Occupant hereby agrees to vacate the Property immediately and hereby waives any rights and claims with respect to the early vacation of the Property. 5.Maintenance and Repair. Occupant promises to maintain, at Occupant’s expense, the Property in a neat and orderly condition, including any required mowing. Occupant agrees to eliminate any violation of health and safety laws that result from the negligent, willful, malicious or irresponsible conduct of the Occupant or its agents or guests. Occupant shall comply with all the sanitary laws affecting the cleanliness, occupancy and preservation of the Property. The EDA has no responsibility for maintenance and repair of the Property during the term of this Agreement 6.Alteration of the Property. Occupant may not make any material alteration to the Property without the EDA’s written consent. 7.Damage to the Property. If the Property is damaged or destroyed, the EDA may terminate this Occupancy Agreement immediately. 8.Right of Entry. The EDA and its agents shall have the right to enter the Property, at reasonable hours, during the term of this Agreement for the purpose of accessing materials stored on the site or for any other lawful purpose. The EDA is not required to provide any notice to the Occupant if entry to the building is required. 9.Utilities. Occupant shall be responsible for all utility services needed to facilitate Occupant’s usage of the property and shall pay all bills for utility service provided during the period of Occupant’s possession of the Property, as and when they become due. 10.Insurance. Occupant shall, at Occupant’s expense, procure and maintain for the duration of this Agreement (i) personal property insurance and (ii) general commercial liability insurance in the minimum amount of $1,500,000 listing the EDA and the City of Little Canada as an additional insured party and indemnifying the EDA and the City of Little Canada from any claim relating to Occupant’s use and possession of the Property. Such insurance shall be provided by a reputable insurance company licensed to issue policies in the State of Minnesota. 11.Property Taxes. Occupant shall be responsible for any property taxes that become due and payable as a result of this transaction. The EDA does not believe there will be any taxes due and payable, but any risk of same is borne by Occupant. Payment of property taxes shall be accounted for at the closing of Occupant’s purchase of property. Should Occupant remain on the premises after July 1st, then occupant shall pay an additional amounts owing directly to Ramsey County. 12.Assignment Prohibited. Occupant may not assign this Agreement or permit any other person or entity to use the Property without the prior written consent of the EDA.