Res 2007-099 - Laserfiche WebLink

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Article 4. Maintenance and Repair of Premises 4.01. The Lessee shall maintain the Leased Premises in good, clean condition and shall make all repairs to structures and improvements on the premises needed to maintain their function, safety and appearance. The Lessee shall comply with all governmental laws, ordinances and regulations that apply to the Leased Premises, at its sole cost and expense. If the Lessee fails to make any required repairs required within 30 days after written notice from the City, the City may make the repairs without liability to the Lessee for any loss or damage which may result to the Lessee by reason of the repairs, and the Lessee shall pay to the City the full cost of the repairs within 30 days of the City=s issuance of a written invoice to the Lessee. At the expiration of this Lease, the Lessee shall surrender the Leased Premises in good condition, reasonable wear and tear excepted. 4.02. The City will use airport revenue funds to maintain the existing runways, taxiways, and entrance roads on the Airport. The City shall not be obligated to use general, operating or bond funds for this maintenance. Article 5. Construction of Facilities; Alterations and Fixtures 5.01. The Lessee shall construct the aircraft storage facilities (the "Facilities"), as depicted generally on the attached Exhibit "B," on the Leased Premises. The construction shall be in accordance with sealed plans for the complete project prepared by an architect or structural engineer licensed or registered in the State of Texas. The plans must be accompanied by the architect or engineer's estimated cost of the construction and the time schedule for completion of the construction. The plans and the time schedule shall be subject to approval by the City. 5.02. The Lessee shall substantially begin the construction of the Facilities within 90 days of the date of this Lease, shall diligently and continuously pursue the construction to completion, and shall fully complete the facilities within one year of the date of this Lease. Any delay or lack of progress in the construction will constitute a default by the Lessee, and will authorize the City to pursue all remedies available to it as described in Article 11 of this Lease. 5.03. The Facilities constructed on the Leased Premises will constitute a minimum investment of $200,000.00 in capital improvements. The purchase of materials for the construction of improvements is not subject to exemption of any taxes. 5.04. The Lessee shall not make any further alterations, additions, or improvements to the Leased Premises without the prior written consent of City. All improvements, alterations, additions and fixtures which may be made or installed upon the Leased Premises shall become the property of the City and shall remain upon and be surrendered with the Leased Premises upon any termination of this Lease, unless the City requests their removal, in which event the Lessee shall remove them and restore the Leased COSM form 1/99 I I I