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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
San-Marcos
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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
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11/19/2024 6:08:22 PM
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11/19/2024 6:07:52 PM
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City Clerk - Document
Resolutions
City Clerk - Type
Approving
Number
2024-218
Date
11/6/2024
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must be in effect as of the Commencement Date and must be maintained at all times during Tenant's <br /> occupancy of the Leased Premises and during the Term. A certificate evidencing all insurance policies <br /> required to be maintained by Tenant shall be deposited with Landlord within five (5)business days prior <br /> to the Commencement Date and current certificates shall be deposited with Landlord at all times during <br /> Tenant's occupancy of the Leased Premises and during the Term. If Tenant fails to maintain such required <br /> insurance coverage at any time during the Term, Landlord may, following written notice to Tenant and <br /> Tenant's failure to procure such coverage within five (5) days of the date thereof, procure such coverage <br /> at Tenant's expense. Upon the occurrence of any event resulting in a claim and/or loss which should <br /> reasonably be considered to be covered by any of the foregoing insurance policies, Tenant and/or <br /> Landlord (as applicable) shall make all appropriate claims on such policies and shall use all reasonable <br /> efforts to pursue such claims with any proceeds therefrom to be applied to satisfy the claim and/or loss or <br /> as may be otherwise be required by the policies. <br /> 2. Landlord will carry property insurance to cover the building and the common area, for replacement and <br /> liability in amounts the landlord determines reasonable and appropriate. <br /> A. Definitions <br /> 1. "Agent" means agents, contractors, employees, licensees, and, to the extent under the control of the <br /> principal,invitees. <br /> 2. "Tenant's Operating Hours" means 8:00 A.M. to 5:OOP.M. Monday - Friday or such occasional extra <br /> hours of operation as Tenant determines is necessary to properly and efficiently carry out the Permitted <br /> Use activities. <br /> 3. "Common Areas" means all facilities and areas of the Building and the related land that are intended and <br /> designated by Landlord from time to time for the common, general,and nonexclusive use of all tenants of <br /> the Building.Landlord has the exclusive control over and right to manage the Common Areas. <br /> 4. "Essential Services" means the following services: (a) air-conditioning and heating to the Premises <br /> reasonable for the Permitted Use (exclusive of air-conditioning or heating for electronic data-processing <br /> or other specialized equipment)during Tenant's Operating Hours and other times as Tenant and Landlord <br /> may agree on; (b) hot and cold water for lavatory and drinking purposes; (c) janitorial service and <br /> periodic window washing of the common area; (d) electric current for normal office machines and the <br /> Building's standard lighting reasonable for the Permitted Use; and (e) lighting in Common Areas and <br /> fluorescent lights in the Building's standard light fixtures in the Premises; (f) permitting Tenant the quiet <br /> enjoyment of the Premises(). <br /> 5. "Injury" means (a) harm to or impairment or loss of property or its use, (b) harm to or death of a person, <br /> or(c) "personal and advertising injury" as defined in the form of liability insurance Tenant is required to <br /> maintain. <br /> 6. "Lienholder"means the holder of a deed of trust covering the Premises. <br /> 7. "Operating Expenses" means all reasonable expenses,including real property taxes,that Landlord pays in <br /> connection with the ownership, operation, and maintenance of the Building, except principal and interest <br /> on any debt,expenditures classified as capital expenditures for federal income tax purposes, and expenses <br /> for which Tenant is required to reimburse Landlord such as utilities, janitorial service, <br /> maintenance/repairs,property management,and insurance. <br />
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