Laserfiche WebLink
<br /> <br />24. <br /> <br />Lynx Property Services <br /> <br />Lynx Property Services - 2101 South IH-35, Suite 220 - Austin, TX 78741 <br />Phone (512) 326-2722 - Fax (512) 326-2723 - Website: lynxpropertyservices. com <br /> <br />Addendum to lease dated <br />October 12, 1999 between San Marcos Center and City of San Marcos WIC <br /> <br />Effective October 1 st, 2004: <br /> <br />Whereas Lessee is current on all rent and obligations under the terms of the lease with a <br />total of 3730 sqft, and, <br /> <br />Whereas Lessee wishes to extend the term of the lease and remain in the space, <br /> <br />Lessor agrees to extend the term of the lease for an additional Five (5) year term <br />beginning at the end of the current lease term (September 30, 2004) and begin another <br />term to commence on October 1 s\ 2004 and extending until September 30, 2009. <br /> <br />I <br /> <br />Rent payments are due and payable on the first day of every month during the term of the <br />lease. <br /> <br />The rental rate will decrease from $1.13 per square foot to $.94 per square foot. Your <br />monthly rent including the triple net will decrease from $4,209.81 to $3,500.00 per <br />month. Your base rent will increase to $2,397.07 in the 3rd & 4th year and $2,497.07 in the <br />5 th year. <br /> <br /> Base Rent Triple nets Total <br />Year 1 $2,297.07 $1,202.93 $3,500.00 <br />'l" ear 2 $::,297.07 TBD <br />Year 3 $2,397.07 TBD <br />Year 4 $2,397.07 TBD <br />Year 5 $2,497.07 TBD <br /> <br />In addition to the rental amount, Lessee will pay their own electric bill plus their own <br />water after a separate meter is installed that services their suite #103-B & 104. <br />All other terms and conditions to the original lease term will remain in force and effect. <br /> <br />I <br />