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perty of the School District unless otherwise reserved to the <br /> State by law. <br /> 3. RENTAL PERIOD. The term of this Lease shall be for a <br /> period of five (5) years commencing on , 1986 , <br /> and terminating on , , 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 /> commencing the day of 1986 , 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 /> ses , including City water and sewer, and failure of the City to <br /> so pay shall permit the School District to do so and recover the <br /> same from City in a legal action. The City shall be responsible <br /> for the yearly installments on any new assessments or like <br /> charges made against the property during the term of this lease <br /> and any holdover period. <br /> 6 . REPAIRS- AND MAINTENANCE. The City shall inspect the <br /> premises prior to the commencement of this Lease and , thereafter, <br /> shall have been deemed to accept said leased property in the con- <br /> dition found. The City agrees to keep said leased property neat <br /> and clean. The City shall repair any damage to the leased pro- <br /> -2- <br />