Res 2024-218 approving a 20 year lease agreement with Telenetwork Properties, Ltd., a Texas Limited Partnership, for the lease of an office suite for the Municipal Court use at 350 Barnes Road

Home Browse Search

(as to both price and terms)to Tenant. Tenant shall have ninety (90) days to respond to such a purchase offer or thirty (30) days to respond to such a lease offer. If Tenant rejects such offer or fails to respond within the applicable response period, Tenant's right of first refusal as to the applicable third-party offer shall be deemed forever waived, and Landlord may proceed with the sale and/or lease to the third party. During the term of this Lease,the Landlord also agrees that no other person nor entity will be allowed to lease or offered a right-of-first refusal to lease Suites 102 and 109 and to assume the lease for Suite 101 without first making such an offer to the Tenant. Upon the receipt of any such third party offer to lease the applicable Suites, Landlord shall make the same offer (as to both price and terms)to Tenant. Tenant shall have thirty(30) days to respond to such offer. If Tenant rejects such offer or fails to respond within such 30-day period, Tenant's right of first refusal as to the applicable third-party offer shall be deemed forever waived, and Landlord may proceed with the lease to the third party. These suites are marked as currently located in Exhibit`B"to this lease and this provision applies to the suites as located there on the effective date of this lease. To protect Tenant's interests in this section, the parties agree that Landlord will not rent these other suites to political organizations, liquor stores, smoke shops, or sexually oriented businesses. 8. Parties agree that Landlord is responsible for maintenance outside the leased premises, and Tenant inside the premises. Tenant will maintain the HVAC system, while Landlord will replace the HVAC system damaged by events of a force majeure nature such as storms. 9. Tenant is authorized to modify the building for court security purposes, including the back exterior windows, film on the front exterior windows, and installation and removal, if necessary, of large brick- shaped rocks in the front. Tenant is also authorized to adjust the fire suppression sprinkler system to accommodate the leased space,with related security system adjustments. Tenant will be able to access the fire riser room in the back of the building. 10. Tenant will remove the OneSupport sign, and paying for a new sign,� of reasonable expense, above Suite 109,although Tenant is not responsible to damage to the existing sign 11. Tenant will be provided 50 parking places. 30 in the front for citizens (prospective jurors) and 20 in the back for staff, prosecutor and marshals. Tenant may install a fence for part of all of the back parking lot for security purposes. Tenant may install a security and lock system for the spaces it leases at the time.