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Res 2007-044
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Res 2007-044
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Last modified
12/1/2008 11:51:28 AM
Creation date
3/29/2007 8:42:45 AM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Lease
Number
2007-44
Date
3/6/2007
Volume Book
171
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5.04. The Lessee shall not make any further alterations, additions, or improvements to the Leased <br />Premises withoutthe advancewritten consent of City. All improvements, alterations, additions and <br />fixtures which may be made or installed upon the Leased Premises shall become the property of <br />the City and shall remain upon and be surrendered with the Leased Premises atthetermination of <br />this Lease, unless the City requests their removal, in which event the Lessee shall remove them <br />and restore the Leased Premises at the Lessee's expense. <br />5.05. The Lessee may mortgage their leasehold interest in the Leased Premises for the purpose of <br />obtaining funding for the construction of the Hangar or other improvements on the Leased <br />Premises. The Lessee shall obtain the advance written consent of the City for each such mortgage. <br />The Lessee shall ensure that no other lien or similar obligation is imposed upon the Leased <br />Premises forany alteration, repair, laborperformed ormaterialsfurnished tothe Leased Premises, <br />and the Lessee shall immediately discharge any lien or charge after the lien occurs or charges <br />become due and payable. In the event the Lessee disputes the lien or obligation, however, the <br />Lessee shall have the right to promptly pursue settlement or litigation without paying the claim until <br />the claim becomes final and subject to no further appeal by the Lessee. The Lessee shall hold <br />harmless, indemnify and defend the City, its officers, agents and employees from and against any <br />claims, demands or suits related to such mortgages, liens or obligations. <br />5.06. The Lessee shall not do any of the following without the City's advance written consent: 1) <br />make any changes to the Hangar; 2) install any exterior lighting, shades or awnings, or any exterior <br />decorations or paintings on the Hangar; or 3} erect, install or change any signs, window or door <br />lettering, placards, decorations, or advertising media of any type which can be viewed from the <br />exterior of the Hangar. <br />Article 6. UtilitieslTaxes <br />6.01. The Lesseeshall promptly pay all chargesforelectricity, water, telephoneservice, and other <br />utilities furnished to the Leased Premises. <br />6.02. The City shall not be liable for any interruption or impairment whatsoever in utility services to <br />the Leased Premises. <br />6.03. The Lessee shall pay all taxes and assessments against any buildings or other structures it <br />places on the premises as well as all taxes and assessments against personal property on the <br />Leased Premises. <br />Article 7. Insurance and Indemnity <br />7.01. Liability Insurance: The Lessee shall procure and maintain insurance in full force at its <br />expense assetforth inthe Minimum Standards, covering claimswhich ariseoutof Orin connection <br />with the Lessee ? s use or maintenance of the Leased Premises. This insurance shall be written so <br />that the City must be notified in writing at least 30 days in advance of cancellation, restrictive <br />amendment or non-renewal. The Lessee shall file certificates of insurance with the City upon <br />execution of this Lease and annually during the lease term. All insurance required under this <br />paragraph shall be primary over any other insurance coverage the City may have, and shall be <br />COSM Form 1/99 4
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