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Res 2025-048 approving a Ground Lease Agreement with Ruben Becerra to lease city-owned property located at 201 South LBJ Drive (2)
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Res 2025-048 approving a Ground Lease Agreement with Ruben Becerra to lease city-owned property located at 201 South LBJ Drive (2)
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4/7/2025 10:31:31 PM
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City Clerk - Document
Resolutions
City Clerk - Type
Approving
Number
2025-048
Date
3/18/2025
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15. Venue. Exclusive venue is in the county in which the Premises are located. <br /> 16.Entire Agreement. This lease, its exhibits, addenda, and riders are the entire <br /> agreement of the parties concerning the lease of the Premises by Landlord to <br /> Tenant. There are no representations, warranties, agreements, or promises <br /> pertaining to the Premises or the lease of the Premises by Landlord to Tenant,and <br /> Tenant is not relying on any statements or representations of any agent of <br /> Landlord, that are not in this lease and any exhibits, addenda, and riders. <br /> Notwithstanding the foregoing, this lease is not effective until a final addendum <br /> is approved by the city manager of Landlord in accordance with the resolution of <br /> Landlord's city council authorizing this lease adopted on December 17,2024 and <br /> attached to this lease. If the city manager determines no such terms are required, <br /> then an addendum signed by the city manager indicating same will be attached <br /> hereto. <br /> 17.Amendment of Lease. This lease may be amended only by an instrument in <br /> writing signed by Landlord and Tenant. <br /> 18. Limitation of Warranties. THERE ARE NO IMPLIED WARRANTIES OF <br /> MERCHANTABILITY, OF FITNESS FOR A PARTICULAR PURPOSE, OR <br /> OF ANY OTHER KIND ARISING OUT OF THIS LEASE,AND THERE ARE <br /> NO WARRANTIES THAT EXTEND BEYOND THOSE EXPRESSLY STATED <br /> IN THIS LEASE. <br /> 19.Notices. Any notice required or permitted under this lease must be in writing. <br /> Any notice required by this lease will be deemed to be delivered(whether actually <br /> received or not) when deposited with the United States Postal Service, postage <br /> prepaid, certified mail, return receipt requested, and addressed to the intended <br /> recipient at the address shown in this lease. Notice may also be given by regular <br /> mail, personal delivery, courier delivery, facsimile transmission, or other <br /> commercially reasonable means and will be effective when actually received. <br /> Any address for notice may be changed by written notice delivered as provided <br /> herein. <br /> 20.Removal of Tenant's Building. Upon termination of this lease, Tenant (i) shall <br /> peacefully and quietly vacate and surrender possession of the Premises to <br /> Landlord, without Landlord giving any notice to quit or demand for possession, <br /> and (ii) shall remove from the Premises the occupied building owned by Tenant <br /> in which Tenant's business activities are conducted and restore the surface of the <br /> Premises including,without limitation,the removal of the foundation,the filling <br /> in of excavations and pits, and the removal of debris and rubbish. If Tenant has <br /> not completed such removal and restoration prior to termination of this lease, <br /> Landlord may, at its election, and at any time or times, (i)perform the work and <br /> Tenant shall reimburse Landlord for the cost thereof within 30 days after bill is <br /> rendered(ii)take title to all or any portion of such structures or property by giving <br />
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