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Res 2024-246 approving a five-year Ground Lease Agreement with Kyle D. Reese to lease city-owned property located at 169-75 South LBJ Drive
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Res 2024-246 approving a five-year Ground Lease Agreement with Kyle D. Reese to lease city-owned property located at 169-75 South LBJ Drive
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City Clerk - Document
Resolutions
City Clerk - Type
Approving
Number
2024-246
Date
12/17/2024
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REASONABLE EXPENSE, INCLUDING ATTORNEYS FEES AND OTHER FEES <br /> AND COURT AND OTHER COSTS) OCCURRING IN ANY PORTION OF THE <br /> PREMISES. THE INDEMNITY CONTAINED IN THIS PARAGRAPH (a) IS <br /> INDEPENDENT OF TENANT'S INSURANCE, (b) WILL NOT BE LIMITED <br /> BY COMPARATIVE NEGLIGENCE STATUTES OR DAMAGES PAID <br /> UNDER THE WORKERS'COMPENSATIONACT OR SIMILAR EMPLOYEE <br /> BENEFIT ACTS, (c) WILL SURVIVE THE END OF THE TERM, AND (d) <br /> WILLAPPLYEVENIFANINJURYIS CAUSED IN WHOLE OR INPART BY <br /> THE ORDINARY NEGLIGENCE OR STRICT LIABILITY OF LANDLORD <br /> BUT WILL NOTAPPLY TO THE EXTENTAN INJURYIS CA USED BY THE <br /> GROSS NEGLIGENCE OR WILLFUL MISCONDUCT OF LANDLORD AND <br /> LIENHOLDERAND THEIR RESPECTIVEAGENTS. <br /> B. Tenant agrees not to— <br /> t. Use the Premises for any purpose other than the Permitted Use. <br /> 2. Create a nuisance. <br /> 3. Permit any waste. <br /> 4. Use the Premises,or allow any sublessee to use the Premises,in any way that would <br /> increase insurance premiums or void insurance on the Premises. <br /> 5. Alter, or allow any sublessee to alter, the Premises and any tenant owned <br /> improvements without applicable required City building or related permits. <br /> 6. Allow a lien to be placed on the Premises. <br /> 7. Assign this lease or sublease any portion of the Premises without the written <br /> consent approved by Landlord's governing body. <br /> C. Landlord agrees to— <br /> t. Lease to Tenant the Premises for the entire Term beginning on the Commencement <br /> Date and ending on the Termination Date. <br /> 2. Obey all laws relating to Landlord's operation of the Premises. <br /> D. Landlord agrees not to— <br /> t. Interfere with Tenant's possession of the Premises as long as Tenant is not in <br /> default. <br /> E. Landlord and Tenant agree to the following: <br />
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