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RES 81-030 RESOLUTION AUTHORIZING THE MAYOR AND CITY MANAGER TO EXECUTE THE OFFICE SPACE LEASE WITH RADIX PRODUCT DEVELOPMENT, INC. FOR RENATL AT 2800 KENZIE TERRACE
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RES 81-030 RESOLUTION AUTHORIZING THE MAYOR AND CITY MANAGER TO EXECUTE THE OFFICE SPACE LEASE WITH RADIX PRODUCT DEVELOPMENT, INC. FOR RENATL AT 2800 KENZIE TERRACE
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RES 1981
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RES 81-030 RESOLUTION AUTHORIZING THE MAYOR AND CITY MANAGER TO EXECUTE THE OFFICE SPACE LEASE WITH RADIX PRODUCT DEVELOPMENT, INC. FOR RENATL AT 2800 KENZIE TERRACE
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-4- <br /> which area shall thereafter be used by Tenant and its employees to <br /> the exclusion of other .areas. <br /> ARTICLE. 10- ASSIGNMENT OR SUBLETTING. Tenant agrees to use <br /> and occupy the- leased, premises throughout the entire term hereof <br /> for the purpose or purposes� herein. specified, and for no other pur- <br /> poses, in the- manner. and .to substantially, the extent now intended, <br /> and not to assign this Lease or sublet said premises, or any part <br /> thereof', whether by voluntary act,. operation of 'law,- or otherwise, <br /> without obtaining the prior written consent of Landlord -in each <br /> instance; Tenant shall seek such written consent by a written re- <br /> quest therefor, setting forth such information as. Landlord may <br /> desire. Landlord agrees no.t, to withhold consent unreasonably. In <br /> the event that a bona. fide. sub-tenant or assignee is proposed to <br /> Landlord -by Tenant, and Landlord cannot reasonably withhold consent <br /> to such proposed sub-tenancy or assignment, Landlord shall have the <br /> right; at Landlord.' s sole discretion, to terminate this lease upon <br /> thirty (30) days written notice to Tenant in lieu of consenting to <br /> such proposed sub-tenancy or assignment. Consent by Landlord to <br /> one assignment of .this Lease or .to one subletting of. the leased <br /> premises shall, not be a waiver of Landlor.d' s. rights- under this <br /> Article as to -any subsequent assignment or subletting. Landlord' s <br /> rights to assign this Lease are and shall remain unqualified. <br /> ARTICLE 11. DAMAGE. BY, FIRE OR OTHER CASUALTY. If fire or other <br /> casualty shall render the. leased premises untenantable, this Lease <br /> • shall terminate forthwith, and any prepayments. of rent shall be re- <br /> funded by. the Landlord .pro-rata; provided, however:, that if the <br /> premises can be. repaired within ninety (9.0) days .from the date of <br /> such event, then at Landlord' s option by notice in writing to Tenant <br /> mailed. within thirty .(30) days after such damage or destruction, this <br /> Lease shall remain in full force and effect,. but the- rent for the <br /> period during which the- premises are untenantable shall. be discounted <br /> pro-rata. <br /> ARTICLE 12 . ' EMINENT. DOMAIN.._ If such a portion-.of the leased <br /> premises are taken by any public authority- under the power of eminent <br /> domain as to render the remaining -portion unsuitable for the purposes <br /> intended hereunder, then the term of this Lease shall cease as of <br /> the day, possession shall be. .taken by such public authority, and <br /> Landlord shall make a pro-rata refund .of any -.rent that may have been <br /> paid in advance. All. damages awarded for such taking under the power <br /> of eminent domain shall belong to and. be the property of Landlord, <br /> irrespective of the. basis. upon which they are awarded. <br /> ARTICLE 13. SURRENDER. On the last. day of the term of this <br /> Lease or on -the sooner termination thereof, Tenant shall peaceably <br /> surrender the leased premises, in.rgood condition .and repair consis- <br /> tent with Tenant.' s duty to make repairs as provided in Article 5 <br /> hereof. On or before the last day of theterm of the lease or the <br /> sooner termination thereof, Tenant shall at its expense remove all <br /> • of its equipment from the leased premises, and any property not re- <br /> moved shall be deemed abandoned.- Tenant .shall.. reimburse Landlord <br /> for any expenses incurred by Landlord. with respect- to removal or <br /> storage of abandoned property. All alterations,. additions and <br /> fixtures, other than Tenant' s equipment, which have been made or <br />
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