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11/02/1987 Park Board Packet
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11/02/1987 Park Board Packet
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Park Board
Park Bd Document Type
Park Board Packet
Meeting Date
11/02/1987
Park Bd Meeting Type
Regular
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pose without the express written approval of the School District. <br /> The City shall have the right to construct and install park and <br /> recreational equipment on such premises and may remove same upon <br /> termination of this lease, leaving the property of the School <br /> District in substantially the same condition as existed at the <br /> time of commencement of this Lease, except for improvements which <br /> the School Board agrees to accept in writing. <br /> School ' trict resery the right t mi a and/or <br /> rqe and all m nerals , n tural gas or o' 1 foun in, n o <br /> ulea ed premises dur ng the term of his Luse, a d l <br /> sals natura gas o oil sh 11 rema 'n the xclusi e ro-phe chool District unless of se resery t the =Saw. <br /> 3. RENTAL PERIOD. The term of this Lease shall be for a <br /> a <br /> period of five (5) years commencing on March 1, , 1 , <br /> and terminating on March 1 , 1997 , unless sooner ter- <br /> minated in writing upon mutual consent of the parties . <br /> 4. RENTAL CHARGE. The City agrees to pay as rental for <br /> the leased premises the sum of One and no/100 ($1 .00) Dollar per <br /> year, payable in advance on the first day of each and every year <br /> ga- <br /> commencing the 1st day of March 194e, at the office <br /> of the School District, or at such other places as may from time <br /> to time be directed by the School District. <br /> 5 . UTILITIES AND ASSESSMENTS. The City shall be respon- <br /> sible for payment of all utilities supplied to the leased premi- <br /> r� <br /> -2- <br />
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