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CITY OF SAN MARCOS FACILITY LEASE AGREEMENT <br /> FOR NONPROFIT TENANTS <br /> This Lease Agreement ("this Agreement") is entered into on the 19 day of September, <br /> 2023, between the City of San Marcos, Texas, ("the City"), a Texas home rule municipality, and <br /> The Teacher Reuse, a Texas nonprofit corporation ("the Nonprofit"), collectively referred to as <br /> Parties (`the Parties"). <br /> RECITALS: <br /> 1. The Nonprofit is a Nonprofit entity has as its public purpose the operation and <br /> administration of providing much-needed classroom supplies and materials to teachers at no cost. <br /> 2. It is the desire of the City Council of the City of San Marcos and the Board of Directors <br /> of the Nonprofit to enter into this Agreement to set forth the terms by which the City will lease to <br /> the Nonprofit the City facility commonly known as old SMEU or in the future 123 from which the <br /> Nonprofit will carry out its public purpose in San Marcos for the benefit of the City and its <br /> residents. <br /> NOW, THEREFORE,THE PARTIES MUTUALLY AGREE AS FOLLOWS: <br /> SECTION 1. PREMISES; PUBLIC PURPOSE. <br /> A. The City leases to Nonprofit and Nonprofit leases from the City the premises in San <br /> Marcos, Texas, located at 1040 Hwy 123 as further described on Exhibit "A" attached hereto and <br /> incorporated herein for all purposes("the Premises"), subject to the terms and conditions contained <br /> in this Agreement and to be used solely for the public purpose of operating and administering The <br /> Teachers Reuse in the City to provide free classroom supplies and materials to teachers ("the <br /> Public Purpose"). The Premises are more clearly described in the Hays County Central Appraisal <br /> District records as: Parcel CSM021, 1040 HWY123, San Marcos, TX 78666. <br /> B. The Premises may not be used for any other purpose than the Public Purpose. The <br /> failure of the Nonprofit to maintain the use of the Premises solely for the Public Purpose shall be <br /> considered a, breach of this Agreement and will result in the automatic termination of this <br /> Agreement. <br /> SECTION 2. TERM. <br /> A. The term of this Agreement shall commence on the date on which authorized <br /> representatives of both parties have signed below following the approval of the City Council of <br /> the City of San Marcos ("the Effective Date") and, unless sooner terminated as provided in this <br /> Agreement, shall extend for a period of ten (10) years from the Effective Date. If the Nonprofit <br /> seeks to extend the term of this Agreement beyond ten years, the Nonprofit shall provide written <br /> notice to the City one hundred eighty days (180)before the expiration of the Agreement to express <br /> its intent to renew. Any renewal must be by the mutual agreement of the City and Nonprofit and <br /> must be approved by the San Marcos City Council. <br />