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Res 2016-071/approving a commercial lease with Seguin Court Plaza, L.P. for the lease of space at 550 North Highway 123 Bypass, Seguin, Texas, for the operation of a WIC Program Satellite Office
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Res 2016-071/approving a commercial lease with Seguin Court Plaza, L.P. for the lease of space at 550 North Highway 123 Bypass, Seguin, Texas, for the operation of a WIC Program Satellite Office
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7/18/2016 2:08:41 PM
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City Clerk - Document
Resolutions
City Clerk - Type
Approving
Number
2016-71
Date
6/7/2016
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550 N Ewy 123 Bypass <br />Commercial Lease concerning: Sequin, TX 78155 <br />and Landlord pays such amount, Tenant will immediately upon written notice from Landlord reimburse <br />Landlord such amount. <br />C. Notice: Tenant should determine if all necessary utilities are available to the leased premises and <br />are adequate for Tenant's Intended use. <br />D. After -Hours HVAC Charges: "HVAC services" means heating, ventilating, and air conditioning of the <br />leased premises. (Check one box only.) (Further defined in Exhibit "D% Special Provisions) <br />0 H3 <br />V - - ...-,,.- ..,ai- s.i- ,..(•n�ti_�,a- �. -a•ri :�:r.c.,.n,�s i. e.. t,..- --,. •,,e_...- .•rk.�.,_.. <br />8. INSURANCE: <br />A. During all times this lease is in effect, Tenant must, at Tenant's expense, maintain in full force and effect <br />from an insurer authorized to operate in Texas: <br />(1) public liability insurance naming Landlord as an additional with policy limits on an occurrence <br />basis in a minimum amount of: (check only (a) or (b) below) <br />Q (a) $1,000,000; or <br />® (b) $2,000,000. <br />If neither box is checked the minimum amount will be $1,000,000. <br />(2) personal property damage insurance for the business operations being conducted in the leased <br />premises and contents in the leased premises in an amount sufficient to replace such contents after <br />a casualty loss; and <br />E (3) business interruption insurance sufficient to pay 12 months of rent payments; <br />B. Before the Commencement Date, Tenant must provide Landlord with a copy of insurance certificates <br />evidencing the required coverage. If the insurance coverage is renewed or changes in any manner or <br />degree at any time this lease is in effect, Tenant must, not later than 10 days after the renewal or <br />change, provide Landlord a copy of an insurance certificate evidencing the renewal or change. <br />C. If Tenant fails to maintain the required insurance in full force and effect at all times this lease is in effect, <br />Landlord may: <br />(1) purchase insurance that will provide Landlord the same coverage as the required insurance and <br />Tenant must immediately reimburse Landlord for such expense; or <br />(2) exercise Landlord's remedies under Paragraph 20. <br />D. Unless the parties agree otherwise, Landlord will maintain in full force and effect insurance for: (1) fire <br />and extended coverage In an amount to cover the reasonable replacement cost of the improvements of <br />the Property; and (2) any public liability insurance in an amount that Landlord determines reasonable <br />and appropriate. <br />E. If there is an increase in Landlord's insurance premiums for the leased premises or Property or its <br />contents that Is caused by Tenant, Tenant's use of the leased premises, or any improvements made by <br />or for Tenant, Tenant will, for each year this lease is in effect, pay Landlord the increase immediately <br />(TAR -2101) 4.1 -14 Initialed for Identification by Landlord: A—, , and Tenant: I Page 5 of 15 <br />Produced wR» zOFbnn9 by zV-4x 1607o futon M90 Road, Fmwr. M3ch4m 48M www.:tDJ. ID WIC- Seguin Court <br />
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