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Agenda Packets - 1994/02/28
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Agenda Packets - 1994/02/28
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Last modified
1/28/2025 4:46:39 PM
Creation date
7/3/2018 7:37:19 AM
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MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
2/28/1994
Supplemental fields
City Council Document Type
City Council Packets
Date
2/28/1994
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_Z :ace any such improvements which may become inoperable or be destroyed or damaged <br /> fire, casualty or any other cause. Tenant shall comply with all federal, state, county, <br /> municipal, and other governmental statutes, ordinances, laws, and regulations affecting the <br /> Premises and improvements thereon, or any activity or condition on or in the Premises. <br /> Tenant shall, at its own expense, keep the Premises in sanitary, clean and neat order and <br /> keep the sidewalks and parking areas free of trash. <br /> Section 5.02. Landscaping. Tenant shall at all times during the term of this Lease, <br /> keep and maintain any existing landscaping on the Premises. <br /> Section 5.03. Damage or Destruction. The damage, destruction, or partial <br /> destruction of any building or other improvement on the Premises shall not release Tenant <br /> from any obligation under this Lease. In the event of such damage or destruction, Tenant <br /> shall, at its-own cost and expense,promptly repair and-restore the same to a condition as <br /> good or better than that which existed prior to the damage or destruction, provided the <br /> building can be restored to a condition suitable for the use contemplated hereunder for an <br /> expenditure not greater than forty percent (40%) of the present value of the improvements. <br /> Notwithstanding the foregoing, if the cost of repairing damage or destruction amounts to <br /> more than forty percent (40%) of the total replacement value or market value (whichever <br /> is higher) of the Premises affected immediately prior to the event of casualty, then Tenant <br /> may terminate this Lease with respect to the affected parcel by giving written notice thereof <br /> provided said notice is given within thirty (30) days after the date of the event of casualty. <br /> If Tenant so elects, this Lease shall terminate (with respect to the affected parcel only) ten <br /> (10) days after the date of said notice. Thereupon Tenant shall not be obligated to repair <br /> or reconstruct the damage to the Premises, however, Tenant shall be liable for all other <br /> obligations hereunder with respect to the affected parcel through the actual date of <br /> termination, but Tenant shall not be liable for any Rent with respect to the affected parcel <br /> for any period subsequent to the date of termination. <br /> ARTICLE VI <br /> CONDUCT OF BUSINESS <br /> Section 6.01. Use. Tenant shall use the Premises solely and exclusively for purposes <br /> permitted under applicable governmental zoning, building, health and use ordinances and <br /> regulations, and contemplated by and in compliance with the terms and conditions of this <br /> Lease. No use shall be permitted, or acts done, which will cause a cancellation of any <br /> insurance policy covering the Premises. Tenant shall, at its own expense, comply with all <br /> requirements of any insurance company necessary for the maintenance of insurance required <br /> in this Lease. Tenant shall submit to all required governmental inspections and immediately <br /> comply with any and all governmental notices, orders or directives. Tenant shall deliver any <br /> -4- <br />
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