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CC RES 92-043 RESOLUTION AUTHORIZING THE MAYOR TO EXECUTE THE LEASE TERMINATION AND MUTUAL RELEASE AGREEMENT AND AUTHORIZING THE MAYOR AND CITY MANAGER TO EXECUTE THE LEASE AGREEMENT WITH REGARD TO CITY PROPERTY LOCATED AT 2700 HIGHWAY 88 IN THE CITY OF S
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CC RES 92-043 RESOLUTION AUTHORIZING THE MAYOR TO EXECUTE THE LEASE TERMINATION AND MUTUAL RELEASE AGREEMENT AND AUTHORIZING THE MAYOR AND CITY MANAGER TO EXECUTE THE LEASE AGREEMENT WITH REGARD TO CITY PROPERTY LOCATED AT 2700 HIGHWAY 88 IN THE CITY OF S
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RES 1992
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CC RES 92-043 RESOLUTION AUTHORIZING THE MAYOR TO EXECUTE THE LEASE TERMINATION AND MUTUAL RELEASE AGREEMENT AND AUTHORIZING THE MAYOR AND CITY MANAGER TO EXECUTE THE LEASE AGREEMENT WITH REGARD TO CITY PROPERTY LOCATED AT 2700 HIGHWAY 88 IN THE CITY OF S
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using at all times a sufficient number of adequately-training personnel for efficient <br /> service. Lessee agrees to conduct the restaurant in a first-class manner, consistent <br /> with normal restaurant standards and practices. Lessee agrees that all liquor and soft <br /> drinks other than coffee, tea and milk will be served from Lessor's bar and that all <br /> revenues relating to that sale of such beverages will belong to Lessor. Lessee agrees <br /> that no cigarettes will be sold by Lessee. <br /> Lessee agrees to pay Lessor as base rent for the Leased Premises the sum <br /> of Seventy Thousand Two Hundred and No/100ths Dollars ($70,200.00) in monthly <br /> payments, subject to increases provided hereinafter, said monthly payments being <br /> made as follows: (i) on November 16, 1992, Lessee shall pay Lessor as base rent for <br /> the period commencing on November 16, 1992 through and including November <br /> 30, 1992, the sum of Six Hundred and No/100ths Dollars ($600.00); (ii) commencing <br /> on the 1st day of December, 1992 and on the 1st day of each and every month <br /> thereafter for and during the full term of this Lease, Lessee shall pay Lessor the <br /> balance of said base rent in fifty-eight (58) consecutive monthly payments of One <br /> Thousand Two Hundred and No/100ths Dollars ($1,200.00). Each of said payments <br /> shall be delivered to Lessor at the office of the Lessor as designated from time to <br /> time. Lessor hereby waives the payment of base rent and additional percentage rent <br /> (as set forth in Section 16 of this Lease) for the period commencing on September 16, <br /> 1992 through and including November 15, 1992. <br /> • 1. LESSEE TO MAINTAIN AND SURRENDER LEASED PREMISES IN <br /> GOOD ORDER <br /> Lessee also covenants and agrees with the Lessor as follows: That <br /> Lessee will keep at its own expense the Leased Premises and the equipment, <br /> plumbing, drains, fixtures, appliances and machinery in, upon, serving or <br /> appurtenant to the Leased Premises, including without limitation the Restaurant <br /> Equipment (as defined in Section 24 of this Lease), in good repair and in good <br /> sanitary condition during said term, and that it will at its own expense promptly <br /> repair and/or replace (with any such replacement being the same quality as the item <br /> being replaced) any and all of said items as necessary keep the same in good order, <br /> and will promptly replace at its expense any and all glass broken in or about the <br /> Leased Premises with glass of the same quality; that it will make no alterations in or <br /> additions to the Leased Premises, without first obtaining the Lessor's written <br /> consent, and that it will not permit any use of the Leased Premises which are not <br /> consistent with the purposes set forth above, and that it will not in any manner <br /> deface or injure the Leased Premises, or any part thereof, or overload the floors, or, <br /> to the extent reasonably within the control of Lessee, do or permit anything to be <br /> done upon the Leased Premises or in the passageways, alleys, areas, area-ways, <br /> sidewalks or streets adjacent thereto, that will amount to or create a nuisance; and <br /> that it will not use the Leased Premises or permit the same or any part thereof to be <br /> used for lodging or sleeping purposes, or for any purpose contrary to the laws, <br /> s -2- <br />
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