Res 1983-024 - Laserfiche WebLink

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-2- on the date of execution of this lease by Lessee. Subsequent payments shall be made on the same day of each subsequent month. III. Lessee agrees to use said premises for aircraft or aviation purposes. It is hereby agreed that Lessee shall have the right to place, at his own expense, a portable hangar on said premises. Said portable hangar shall be installed according to City ordinances, rules and specifications. Said portable hangar shall remain the property of Lessee and Lessee shall have the right to remove said portable hangar at the end of said lease; provided, however, that no damage to said demised premises shall occur as a result of said removal. No mechanic's and materialman's lien shall be fixed against the demised premises. IV. The term of this lease shall be for three (3) months beginning on the date of execution of this Agreement by City. Said lease shall be automatically extended for additional three month periods at the end of the term, and at the end of each additional term, unless notice of intent to cancel said lease is delivered to the other party thirty (30) days prior to the end of the current term. V. Lessee shall be responsible for all maintenance, repairs and upkeep of the demised premises. Maintenance, repairs and upkeep of all utility lines and connections upon the demised premises shall be the responsibility of lessee. Lessee agrees to bear the cost of installation of any additional utility lines or connections necessary for its use of said portable hangar for aircraft or aviation purposes. Lessee shall pay all utility bills for service to the demised premises. VI. No combustible chemicals may be stored on said demised premises other than fuels stored in an airplane's own fuel tank. Notwithstanding any other provision in this Agreement of Lease, failure on the part of Lessee to comply with the requirement of this paragraph shall result in immediate termination of said Agreement of Lease.