Res 1990-113 - Laserfiche WebLink

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2 LESSOR to LESSEE to extend said leased for one year beginning October 1, 1992, and ending September 30, 1993, on the same terms and conditions as stated herein provided that: a. LESSEE shall provide LESSOR at leased forty-five (45) days written notice prior to the termination of the primary lease term of its intent to exercise its option to renew and extend said contract, and, b. LESSEE and LESSOR shall negotiate a new rental rate from October 1, 1992, to September 30, 1993, at least thirty (30) days prior to the termination of this contract. Any increase in the rental rate shall not be greater than the increase in the Consumer Price Index in effect from the effective date of this lease agreement to October 1, 1992. III. RENTAL The amount of rental for the leased premises payable by LESSEE to LESSOR at 173 S. Seguin Street, New Braunfels, Texas, is the sum of Three Hundred Sixty-Five Dollars ($365.00) per month, payable on the first day of each and every mopth beginning October 1, 1990, and ending with the rental payment due September 1, 1992. If the commencement date of the term of this lease shall be other than the first day of the calendar month, the rent for such partial month shall be calculated and prorated on the basis of a thirty (30) day calendar month. IV. LESSEE'S COVENANTS LESSEE further covenants and agrees as follows: 1. That LESSEE will use the leased premises for the sole purpose of the performance of professional, administrative and clerical services by San Marcos, Texas, Women's, Infants' and Children's (WIC) Project No.