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01-12-1994 Council Agenda
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01-12-1994 Council Agenda
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DATE: <br />THE MARKET PLACE <br />FIRST AMENDED AND RESTATED LEASE ADDENDUM <br />INTRODUCTION PAGE <br />- ,1993 <br />LOCATION: 2900 Rice Street, Suite 320 approximately 11,600 square feet <br />LANDLORD: MKP, Inc. <br />TENANT: <br />FUNDAMENTAL LEASE PROVISIONS <br />LEASE TERM: <br />The term of this lease shall be for five years, beginning November 1, 1993 <br />consisting of five successive one year terms renewable automatically except upon <br />notice given in accordance with the addendum. <br />MINIMUM ANNUAL RENTAL: <br />$18.50 per sq. ft. per year x 11,600 sq. ft. = $214,600.00 <br />$214,600.00 _ 825 sessions = $260.12 per session <br />GROSS FLOOR AREA OF DEMISED PREMISES: <br />Approximately 11,600 square feet. The rentable area of the shopping center is <br />94,651 square feet. The Tenant's proportionate share in determining common <br />area maintenance, taxes and insurance on the building shall be the fraction 11,600 <br />square feet _ 94,651 square feet. <br />EXHIBITS INCLUDED: <br />EXHIBIT "A" <br />EXHIBIT "B" <br />EXHIBIT "C" <br />EXHIBIT "D" <br />EXHIBIT "E" <br />EXHIBIT "F" <br />SITE PLAN <br />BUILDING PLAN <br />DEMISED PREMISES <br />PARKING <br />HOURS OF OPERATION AND INITIAL PROPORTIONATE <br />SHARE OF FIXED ANNUAL MINIMUM RENT <br />CLEANING SERVICES <br />sadoff\wp \mkpieas.2 2 <br />Page 15 <br />
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