03-12-1975 Council Agenda - Laserfiche WebLink

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THIS AGREEMENT; Entered into this day of 197_ between Independent School District No. 623 through its Board (hereinafter the "District ") as lessor and the City of Little Canada through its Council (hereinafter the "City ") as lessee. WITNESSETH, That in consideration of the covenants herein Contained, said District hereby leases to said City that cer- tain land and premises comprising that part of the school site owned by the District and located within the boundaries of the City southeast of the intersection of Eli Road and Centerville Road, and as designated on the attached site plan identified as Exhibit A, subject to the following: 1. TERM -This lease shall be in effect for a period of years from and after the _ day of 19 2. OPTION TO RENEW -The City has the option to renew this lease for a period of years under the same terms and conditions by giving _ days written notice to the District of its intention to do so. The City in consideration of said lease, hereby covenants as follows: 3. USE OF LEASEHOLD -Said land and premises as described herein shall be used exclusively for Park and Recreation pur- poses by the City, its successors and assigns. 4. CONDITION OF PREMISES -The City has examined and '.Knows the condition of said leased land and premises, acknowledges that it has received the same in good order and repair, and that no representation as to the condition or state of repairs thereof has been made by the District; and the City expressly assumes the risk of all defects latent or apparent; and the City agrees to repair, restore or replace, to the satisfaction of the District any fixtures, equipment or machinery included in said leasehold, which may hereafter be found injured, de- fective, damaged or missing. 5. RESPONSIBILITY FOR DAMAGE TO PREMISES -The City assumes responsibility for loss, damage, or injury to the leasehold caused by its officers, employees, invitees or others while entering, within or departing from the leasehold in connection with the lessee's activities, or by its