05/10/2010 Council Packet - Laserfiche WebLink

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4. RENT: Lessee shall pay to Lessor Rent for the use of the Premises of $676.00 per month. Rent does not include phone service, internet service and garbage disposal, for which Lessee shall be solely responsible. Rent also does not include operational costs that shall be paid directly to the Centennial Fire District pursuant to a separate agreement. Rent shall be payable in advance on or before the first day of each and every month of this Lease. If the Effective Date of the Lease shall fall on any day other than the first day of a month, Rent shall be prorated for the first and last months of the Lease Term based upon the number of days Lessee is in possession of the Premises. If Lessee fails to pay Rent by the fifth day of the month in which such payment is due, Lessee shall automatically be assessed and shall pay, as additional Rent, a late charge equivalent to ten percent (10 %) of the amount of such late payment. Lessor reserves the right to increase Rent by providing Lessee with written notice at least 90 days in advance of the effective date of the increase. 5. MAINTENANCE: Lessor shall be responsible for maintenance and repair of all structural components, heating, ventilation, air conditioning, electrical, plumbing and mechanical systems of the Premises with exception of the provision stated below. Lessor shall be responsible for maintaining the exterior and surrounding areas, including lawn care and snow removal. The Lessee shall maintain and clean the areas within the Leased Premises and shall be responsible for all damage arising out of its use of the Fire Station, ordinary wear and tear excepted. 6. INSURANCE: During the term of this Lease, Lessor shall obtain and maintain liability and property damage insurance for the entire property. Lessee shall, at its own cost, maintain personal property and contents insurance, as well as maintain public liability insurance in an amount sufficient to cover the liability limits of Minn. Stat. § 466.04, as amended. Lessor and the Centennial Fire District shall be named as an "additional insured" on any insurance maintained by Lessee that relates to the Premises or its use. All insurance required to be maintained by Lessee under this Lease shall be effected under valid and enforceable policies issued by a reputable insurance company or companies authorized to do business in the State of Minnesota. Not less than 10 days prior to the Lease term, Lessee shall deliver to Lessor certificates of all insurance required to be maintained