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2007-149 Council Resolution
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2007-149 Council Resolution
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Last modified
10/16/2014 2:02:23 PM
Creation date
10/16/2014 9:34:31 AM
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City Council
Council Document Type
Master List Resolution
Meeting Date
09/24/2007
Council Meeting Type
Regular
Resolution #
07-149
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• <br />• <br />• <br />3. RENT. Commencing on April 1, 2008, or the first day of the month following the <br />start of construction, whichever occurs first ( "Increased Rent Commencement Date "), the annual <br />rent is hereby increased by Two Thousand Four Hundred and No /100 Dollars ($2,400.00) as <br />consideration for the additional ground space for an emergency power generator. A prorated <br />payment by Tenant for the balance of the then current year, for the emergency power generator <br />space, is due within forty-five (45) days of the Increased Rent Commencement Date. The <br />revised annual rent shall increase on the 1st of January following the Increased Rent <br />Commencement Date as provided in Paragraph 2 of the Agreement. <br />4. NOTICE ADDRESS. Tenant's address for Notice as stated in Paragraph 20 of <br />the Agreement is hereby amended to: <br />Tenant: Verizon Wireless (VAW) LLC <br />d/b /a Verizon Wireless <br />180 Washington Valley Road <br />Bedminster, New Jersey 07921 <br />Attention: Network Real Estate <br />5. ADDITIONAL EXTENSIONS. If at the end of the third (3rd) five (5) year <br />extension term, the Agreement has not been terminated by either Party by giving to the other <br />written notice of an intention to terminate it at least ninety (90) days prior to the end of such <br />term, the Agreement shall continue in force upon the same covenants, terms and conditions for a <br />further term of five (5) years and for five (5) year terms thereafter until terminated by either <br />Party by giving to the other written notice of its intention to so terminate at least ninety (90) days <br />prior to the end of such term. Annual rental for each such additional five (5) year term shall be <br />on the same terms and conditions as stated in the Agreement. The initial term and all extensions <br />shall be collectively referred to herein as the "Term ". <br />6. CONTINUED EFFECT. Except as specifically modified by this Amendment, all <br />of the terms and conditions of the Agreement shall remain in full force and effect. In the event <br />of a conflict between any term and provision of the Agreement and this Amendment, the terms <br />and provisions of this Amendment shall control. In addition, except as otherwise stated in this <br />Amendment, all initially capitalized terms will have the same respective defined meaning stated <br />in the Agreement. All captions are for reference purposes only and shall not be used in the <br />construction or interpretation of this Amendment. <br />Signatures on following page <br />The remainder of this page intentionally left blank <br />MINC Lino Lakes <br />Amendment No. 1 to Site Lease Agreement <br />1029118v2 <br />
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