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Res 1997-185
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Res 1997-185
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Last modified
6/12/2007 3:02:57 PM
Creation date
6/12/2007 3:02:57 PM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Lease
Number
1997-185
Date
11/24/1997
Volume Book
131
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<br />1& 35 <br />~ INSIGNIA RETAIL GROUP, INC. <br />STANDARD SHOPPING CENTER LEASE <br /> <br />This lease is entered into as of the ~day of N.o\JÙY\b-e.R ,ffil, by and between the <br />landlord and the Tenant hereinafter named. <br />ARTICLE I. <br />1.1 (a) "landlord": Great Oak, 1. 1. C. <br />(b) landlord's Address & Phone: c/o Insignia Retail Group <br />3100 Monticello, Suite 400, Dallas, TX 75205 214/525-2000 <br /> <br /> <br />(c) "Tenant": City of San Marcos, Texas, a Municipality <br /> <br />(d) Tenant's Address & Phone: City Hall, 630 East Hopkins, San Marcos, <br />TX 78666 <br /> <br /> <br />(e) Tenant's Trade Name: WIC Program <br /> <br />(f) "Agent": Insignia Retail Group <br /> <br />( ) A t' Add 3100 Monticello, Suite 400, Dallas, TX 75205 <br />g gen s ress: <br /> <br />(h) "Demised Premises": in Five Courts <br />Shopping Center (herein referred to as the "Shopping Center") in the <br />City of Seguin , Guadalupe County, Texas a store <br />unit approximately 1,529 square feet in area,being approximately with dimensions <br />to be determined - feet I¡y --- (measured to the exterior of outside walls and to the <br />center of interior walls), said premises being known <br />as 1500 Court Street, Suite 480, Seguin, TX 78155 more <br />, <br />particularly shown on Exhibit "0" attached hereto and made a part <br />hereof. <br /> <br />(i) lease Term: Commencing on the 1st day of September, 1997 <br />(except as may be modified by exhibits which will be attached to this <br />lease if a building is to be constructed for Tenant (the "Commencement <br />Date") and continuing for ~ years and -0- months; provided that if <br />the Commencement Date is a date other than the first day of a calendar <br />month, the lease term shall be extended for said number of years and <br />mf,mths in addition to the remainder of the calendar month following the <br />C,ommencement Date. <br /> <br />(j) Minimum guaranteed rental: $ 1,346.79 per month, payable in advance, <br />subject to increase as hereinafter stated. <br /> <br />(I() PereeRtsftB reAtsl rate! %. <br /> <br />(I) Common area maintenance charge: A minimum of $ 76.45 per <br />month, payable in advance. <br />taxes and insurance <br />(m) Prepaid rental: $- 1,500.0~ being rent and common area maintenanctJ' <br />for the first month(s) of the lease term.* <br /> <br />(n) Security deposit: $ 1,500.00 * <br /> <br />to) Permitted use: Operation of an office for an agency providing nutritional <br /> <br />education, and supplemental foods which promote good health for pregnant, <br /> <br />breastfeeding, and postpartum women, infants, and children up to age five. <br />* Please note that these amounts do -R&t. include estimated amounts due for taxes and <br />insurance premiums pursuant to Article XVII. <br /> <br />NOTE: THJ§ .LEASE IS NOT IN EFFECT UNTIL DULY SIGNED BY BOTH LAND~~mAL <br />AND TENANT. <br /> <br />4- <br />~ <br />
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