My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
Res 2014-065/Ag Lease with Zelhart Cattle Company
San-Marcos
>
City Clerk
>
03 Resolutions
>
2010's
>
2014
>
Res 2014-065/Ag Lease with Zelhart Cattle Company
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
1/22/2015 3:45:08 PM
Creation date
5/14/2014 1:29:42 PM
Metadata
Fields
Template:
City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Approving
Number
2014-065
Date
5/6/2014
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
10
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
4. RENT <br />A. The total annual lease fee of NINE HUNDRED FORTY NINE and 32/100 Dollars ($ <br />949.32) for the first year of this lease is due and payable upon the execution of this <br />Lease. Subsequent total yearly payments will be made on the anniversary date of <br />each subsequent year. <br />B. As further consideration for this Lease, Lessee shall, each year, supply and deliver <br />to Lessor 400 14 inch by 18 inch by 36 inch (14 "x18 "06 ") wire bound bales of <br />Coastal Bermuda hay which is to be harvested in the Spring of each year (except in <br />the first year when harvest shall be as soon as reasonably practicable after <br />execution of the Lease). The Coastal Bermuda hay to be supplied under this <br />paragraph may be grown directly on the Leased Premises or may be obtained from <br />another location, at Lessee's option. The bales will be made available for loading by <br />Lessor at a time and at an accessible location on the Leased Premises acceptable <br />to the Lessor's Director of Public Services or at such other time and location as <br />Lessee and the Lessor's Director of Public Services may mutually agree. <br />5. SUB -LEASE OR LEASE TRANSFER <br />It is expressly understood and agreed that the Lessee may not sub -lease any part of the <br />Leased Premises nor may the Lessee transfer the Lease to another party without the <br />prior written consent of the Lessor. Consent to such sub -lease or transfer may be given <br />by Lessor only if the third party agrees, in writing, to accept and abide by all of the <br />provisions of this Lease. <br />6. DEFAULT, EARLY TERMINATION AND /OR RECAPTURE <br />A. In the event either party should violate any term or provision of this Lease, the party <br />not in default shall give the defaulting party notice, and if such default complained of <br />shall, in fact, constitute default, and unless the same is not corrected within fifteen <br />(15) days after the date of receipt of such written notice, then the party not in default <br />shall have the option to terminate this Lease, and in the event of such termination, <br />Lessee shall return the Leased Premises to Lessor in as good a condition as it was <br />at the beginning of this Lease except for any changes brought about by weather <br />conditions, harvesting of crops and other conditions beyond Lessee's control. <br />B. In the event Lessor terminates this Lease under the provisions of this Section 6, <br />Lessor shall account to Lessee for the fair market value, as determined by the <br />Lessor, of any agricultural products growing at the time of such termination less any <br />damages or expenses incurred by Lessor in tending, harvesting and marketing <br />same, such accounting to occur at the time any such crops are marketed, and <br />Lessor agrees to market crops as promptly as it can reasonably be done. Lessor <br />shall have, and is given and granted, a first and superior lien upon all agricultural <br />crops raised and produced on the Leased Premises, to secure the payment and <br />
The URL can be used to link to this page
Your browser does not support the video tag.