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CC RES 96-054 RESOLUTION APPROVING A LEASE BETWEEN THE CIFT OF ST. ANTHONY AND THE STE. MARIE COMPANY AND AUTHORIZING THE MAYOR AND CITY MANAGER TO EXECUTE SAID LEASE ON BEHALF OF THE CITY OF ST. ANTHONY
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CC RES 96-054 RESOLUTION APPROVING A LEASE BETWEEN THE CIFT OF ST. ANTHONY AND THE STE. MARIE COMPANY AND AUTHORIZING THE MAYOR AND CITY MANAGER TO EXECUTE SAID LEASE ON BEHALF OF THE CITY OF ST. ANTHONY
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RES 1996
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CC RES 96-054 RESOLUTION APPROVING A LEASE BETWEEN THE CIFT OF ST. ANTHONY AND THE STE. MARIE COMPANY AND AUTHORIZING THE MAYOR AND CITY MANAGER TO EXECUTE SAID LEASE ON BEHALF OF THE CITY OF ST. ANTHONY
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7 <br /> from delay or failure to observe or perform the terms and conditions of the Construction <br /> Contract nor anv warranty claims for failure to construct the Construction Work in <br /> • accordance with the provisions thereof. Landlord shall cooperate with Tenant in anv <br /> enforcement actions taken under the Construction Contract. If for anv reason this Lease <br /> Is terminated prior to commencement of the Construction Work: Tenant shall reimburse <br /> Landlord for one-half the cost of preoarine plans relating to the Construction Work. <br /> (2) Landlord's Improvements. Landlord shall cause to be performed and constructed certain <br /> work according to and to the extent provided in the specifications attached hereto and made <br /> mart hereof as Exhibit E and designated as"Landlord's Work". Landlord's Work shall be <br /> completed in a good and workmanlike manner using new materials of good quality and in <br /> compliance with all Applicable Laws.Preliminary plans for the Landlord's Work conforming <br /> to or consistent with the specifications of Landlord's Work shall be submitted to Tenant for <br /> its review within fifteen (15)days of the final signing of this Lease. Tenant shall have fifteen <br /> (15)days from the receipt thereof to review such preliminary plans. Failure to make written <br /> objections thereto within said fifteen (15)day period shall be deemed to constitute Tenant's <br /> approval thereof. If any such objections are made by Tenant within said period,Landlord and <br /> Tenant will attempt, in good faith, to make such changes therein to accommodate Tenant's <br /> needs, provided that Landlord shall not be required to incur any additional cost or expense <br /> in constructing modifications or changes requested by Tenant. The detailed plans and <br /> specifications of Landlord's Work shall conform with said preliminary plans <br /> reviewed by Tenant and with the specifications of Exhibit E. Any changes or modifications <br /> in such plans or specifications shall require Tenant's review and approval. In the event of <br /> such changes or modifications, Tenant shall have five (5) days from the receipt of such <br /> changes and modifications to review and comment on the same. Failure to comment within <br /> said period in writing shall be deemed to constitute Tenant's approval thereof. <br /> agmes ;Q pay the am-] Vast of 1 2 not to- excNed $167 C1gtS <br /> • <br /> " " <br /> pr@vid@ that all Shan ;6, cha g 6 `n the nos♦ of cancguction 2nd amandmantsthe <br /> T andlar-d shall ha no ol.liga♦ion or ns'h'1 ty♦o Tnna t f ♦h fa'1 f♦h • ct <br /> o vr>rt'eePvrmive:ee)-ry r earorre:vs erre eu:ra:Pv <br /> a" damages or- Glaims ;esuhing &@m delay o; failure to absetpM or- pef-f4g;ffi the ;eFM and <br /> r <br /> Tenant by taking <br /> possession of the Premises shall be conclusively deemed to have accepted Landlord's Work <br /> If for any reason this Lease <br /> is terminated prior to commencement of Landlord's Work,Tenant shall reimburse Landlord <br /> for one-half the cost of preparing plans relating to the Landlord's <br /> Work. Landlord and/or the contractor under the Construction Contract shall be responsible <br /> for and pay the cost of any asbestos removal and environmental contamination clean-up <br /> which is discovered on the Subject Parcel during the course of construction of Landlord's <br /> Work or the Construction Work. To the extent said contractor charges a oremium to <br /> assume responsibility for all environmental contamination clean-up under the Construction <br /> Contract such amount shall be paid by Landlord and shall be in addition to the $167,000 <br /> Landlord has agreed to pay for the Construction Work <br /> • (3)M Tenant's Improvements. Tenant shall have the right, at Tenant's sole cost and expense, to <br /> make permanent improvements to the Premises for Tenant's use thereof, pursuant to plans <br /> and specifications approved in advance by Landlord,which approval shall not be unreasonably <br /> withheld. Tenant shall submit to Landlord for review and approval its detailed plans and <br /> specifications for all improvements. Unless Landlord shall object thereto in writing within <br /> fifteen (15) business days of receipt of Tenant's plans and specifications, such plans and <br /> specifications shall be deemed approved by Landlord. If Landlord reasonably objects thereto, <br /> Tenant shall make such changes and modifications to its plans and specifications as Landlord <br /> shall reasonably require and resubmit the same for approval by Landlord using the same <br /> procedure and time limits as specified herein for the original submission thereof. Such <br /> procedure shall be followed until the plans and specifications are approved by Landlord. <br /> Once approved,Tenant's plans and specifications shall not be changed or modified without <br /> Landlord's prior written consent. Except as may otherwise be specifically provided in Article <br /> 12,Section C hereof,no work shall be done or fixtures or equipment installed by Tenant (1) <br /> 326559.9 Redlined VS to V7 9-27.96 6 <br />
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