CCP 08-13-2013 - Laserfiche WebLink

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ARTICLE 2. 2.01 Term. The term of this Agreement shall begin on the Commencement Date and shall expire on the Expiration Date. Beginning on the Commencement Date, Lessor shall deliver possession of the Premises to Lessee, together with non-exclusive right for ingress and egress to the Premises, seven (7) days a week, twenty-four (24) hours a day, and for the installation and maintenance of utility wires, cables, conduits, and pipes over, under, or along a twenty-foot wide right-of-way and easement extending from the nearest public right-of-way (5 1' Street SW) to the Premises, at a location to be approved by the Lessor's City Engineer. Lessor agrees to execute without delay any easement documents covering the then current lease term as may be required by any utility company in connection with Lessee's use of the Premises. 2.02 Rent. This Agreement shall be for an initial term of five (5) years, commencing on the Commencement Date, at an annual rental of Twenty Eight Thousand and no/100 Dollars ($28,000.00), increased annually by an amount equal to four percent (4%). All Rent shall be paid annually in advance on the Commencement Date for the initial year and thereafter on the first day of January. The Rent for the initial and final partial years shall be prorated. The initial Rent payment will be forwarded by Lessee to Lessor within forty-five (45) days after the Commencement Date. The Rent shall be increased on January first of each year by an amount equal to four percent (4%). Such Rent shall be paid to the City of New Brighton or to such other person, firm, or place as the Lessor may, from time to time, designate in writing at least thirty (30) days in advance of any rental payment date. 2.03 Right to Extend. Lessee shall have the right to extend this Agreement for three (3) additional five (5) year Renewal Terms, and the Agreement will automatically extend for each successive Renewal Term unless Lessee gives Lessor written notice of its intention to terminate at least ninety (90) days before the expiration date of the term. 2.04 Renewal Rental. The Rent during each Renewal Term will increase annually in accordance with Section 2.02, above. 2.05 Lessee's Use. Lessee shall use the Premises for the purpose of constructing, maintaining, and operating a radio communications facility and uses incidental thereto (the "Facility"), consisting of one (1) building not to exceed 240 square feet (12' x 20'); up to nine (9) directional panel antennas; and all necessary connecting 3