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Res 2009-080
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Res 2009-080
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Last modified
8/3/2009 10:49:05 AM
Creation date
6/22/2009 9:23:00 AM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Lease
Number
2009-80
Date
6/16/2009
Volume Book
182
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645 N Walnut Ave. 'Commercial Lease concerning: New Braunfels TX 44444• TWO <br />B. Delay of Occupancy: If Tenant is unable to occupy the leased premises on the Commencement Date <br />because of construction on the leased premises to be completed by Landlord that is not substantially <br />complete or a prior tenant's holding over of the leased premises, Landlord will not be liable to Tenant <br />for such delay and this lease will remain enforceable. In the event of such a delay, the Commencement <br />Date will automatically be extended to the date Tenant is able to occupy the Property and the <br />Expiration Date will also be extended by a like number of days, so that the length of this lease remains <br />unchanged. If Tenant is unable to occupy the leased premises after the 90th day after the <br />Commencement Date because of construction on the leased premises to be completed by Landlord <br />that is not substantially complete or a prior tenant's holding over of the leased premises, Tenant may <br />terminate this lease by giving written notice to Landlord before the leased premises become available <br />to be occupied by Tenant and Landlord will refund to Tenant any amounts paid to Landlord by Tenant. <br />This Paragraph 3B does not apply to any delay in occupancy caused by cleaning or repairs. <br />C. Unless the parties agree otherwise, Tenant is responsible for obtaining a certificate of occupancy for <br />the leased premises if required by a governmental body. <br />4. RENT AND EXPENSES: <br />A. Base Monthly Rent: On or before the first day of each month during this lease, Tenant will pay <br />Landlord base monthly rent as described on attached Exhibit or as follows: <br />--?fum AammW k'7/ ?-Wl 40 4,jbu?tno, Eom it 401, 60 <br />from September 1, 2009 to July 31, 2010 $ 2 , 975. 00 ; <br />(, - y,ogfrom Aucrust 1 , 2010 to July 31 , 2011 $ 3, 035.00 ; <br />from August 1 , 2011 to July 31 , 2012 $ 3 , 095.00 ; <br />from August 1 , 2012 to Jul 1 2013 $ 3,160.00; <br />from August 1 , 2013 to _ July 31 , 2014 $ 3 , 220.00 . <br />B. First Full Month's Rent: The first full base mor)thiy rent is (,Lue on or before Lease Signing <br />- 6-4-oq - <br />C. Prorated Rent: If the Commencement Date is on a day other than the first day of a month, Tenant will <br />pay Landlord as prorated rent, an amount equal to the base monthly rent multiplied by the following <br />fraction: the number of days from the Commencement Date to the first day of the following month <br />divided by the number of days in the month in which this lease commences. The prorated rent is due <br />on or before the Commencement Date. <br />D. Additional Rent: In addition to the base monthly rent and prorated rent, Tenant will pay Landlord all <br />other amounts, as provided by the attached (Check all that apply): <br />? (1) Commercial Expense Reimbursement Addendum <br />? (2) Commercial Percentage Rent Addendum <br />? (3) Commercial Parking Addendum <br />? (4) <br />All amounts payable under the applicable addenda are deemed to be "rent" for the purposes of this <br />lease. <br />E. Place of Payment: Tenant will remit all amounts due Landlord under this lease to the following person <br />at the place stated or to such other person or place as Landlord may later designate in writing: <br />Name: TwoFold LLC <br />Address: 39 Stonecrest Circle New Braunfels Texas 76132 <br />F. Method of Payment: Tenant must pay all rent timely without demand, deduction, or offset, except as <br />permitted by law or this lease. If Tenant fails to timely pay any amounts due under this lease or if any <br />check of Tenant is returned to Landlord by the institution on which it was drawn, Landlord after <br />(TAR-2101) 5-26-06 Initialed for Identification by Tenant: and Landlord: Page 3 of 14 <br />Produced with ZipFormn7 by zpLogix 16070 F,fteen Mile Road, Fraser, Michigan 460266 www.zioLogix.com City of San Ma
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