No preview available
HomeMy WebLinkAboutC07-011 Town of Basalt_leaseLEASE AGREEMENT THIS Lease Amendment is made and entered into this 10 day of February, 2007 between Eagle County, by and through its Board of County Commissioners (hereinafter referred to as "Landlord") and The Town of Basalt, State of Colorado, by and through its Town Council (hereinafter referred to as "Tenant"). WITNESSETH: WHEREAS, Eagle County owns property commonly known as the Mt. Sopris Tree Farm, located at 0020 Eagle County in El Jebel, Colorado (hereinafter referred to as "Facility"). WHEREAS, Eagle County is desirous of making certain portions of the Facility available for use to rnunicipalities and not for profit organizations benefiting the citizens of Eagle County until such time as those portions of the Facility are converted to use by Eagle County. WHEREAS, Tenant is desirous of utilizing portions of the Facility pursuant to the terms and conditions of this Agreement. NOW, THEREFORE, in consideration of the terms and covenants stated herein, including the renal amount, the sufficiency of which is hereby acknowledged, Landlord and Tenant agree as follows: Article I. Leased Premises Section 1.01 Landlord hereby leases to Tenant, and Tenant hereby rents from Landlord, the "Leased Premises", described as a portion of the Garage Building consisting of garage bays #3, 4 &5 located at the Facility, for the purpose of miscellaneous storage and more fully depicted on the attached floor plan labeled as Exhibit "A" and incorporated herein. Article IL Term Section 2.01 The term of this Lease is for one (1) year from February 14th, 2006 to February 13th, 2008 unless terminated earlier as specified herein. Holdover provisions are described in Article XIV. Article III. Rent Section 3.01 Tenant agrees to pay Landlord a fixed amount of One (1) Dollar as the full rental amount for the term of this Agreement. By executing below, Landlord acknowledges receipt of this rental sum. Article IV. Insurance Section 4.01 Tenant agrees at Tenant's own expense to maintain in full force during the Lease Term comprehensive general liability and property insurance for the benefit of its members and the Landlord, which will cover Tenant and Landlord against liability for injury to persons and/or property, and death of any person or persons occurring in or about the Leased Premises. Each policy shall be approved as to form by Landlord. The liability under such insurance shall not be less than $1,000,000 for any one person injured or killed, and not less than $500,000 for any one accident and not less than $100,000 property damage. The policies shall name as insured parties Tenant and Landlord and any persons, firms or corporations designated by Landlord. A copy of the policy or a certificate of insurance shall be delivered to Landlord. Article V. Indemnification Section 5.01 Tenant acknowledges that it uses the Leased Premises at its own, sole risk. Tenant hereby releases Landlord from liability for any costs, losses or damages of any nature whatsoever which Tenant may suffer as a result of its use of the Leased Premises, except for the willful misconduct of Landlord. Additionally, Tenant will indemnify Landlord and save Landlord harmless from and against any and all liability for any costs, losses or damages of any nature whatsoever suffered or alleged to be suffered by any third party (including Tenant's members, directors, officers, employees and agents) as a result of Tenant's use of the Lease Premises. In case Landlord shall be made a party to any litigation commenced by or against Tenant, then Tenant shall fully protect and hold Landlord harmless and pay all costs, expense, and reasonable attorney's fees, incurred or paid by Landlord in connection with such litigation, to the extent allowed by law. Article VI. Utilities & Maintenance Section 6.01 Tenant shall pay his pro rata share for gas, electric, water, sewer, and trash disposal utilities. Tenant shall pay for all utility services not specified as part of this Agreement, e.g, telephone, cable, etc. for the Leased Premises. Section 6.02 With regard to all utilities, it is mutually agreed that Landlord shall not be liable in damages or otherwise for any interruption or failure thereof. Section 6.03 Tenant agrees that it will not install any equipment which will exceed or overload the capacity of any utilities at the facility or in any way increase the amount of utilities usually furnished or supplied for use of the Leased Premises as general office space. If any equipment installed by Tenant shall require additional utilities, the same shall be installed and maintained at Tenant's expense in accordance with the plans and specifications which have been received and given prior written approval by Landlord. Section 6.04 The tenant shall keep leased premises and buildings thereon, as identified in Exhibit "B", and the drains and appurtenances thereto in good condition and repair. In the event the leased premises and drains and appurtenances thereto are not maintained as set forth above, Landlord may perform any work necessary and shall submit a statement for such repairs, maintenance and work to the Tenant for immediate payment. It is agreed that the Tenant shall not be responsible for buildings and structures beyond the leased premises. Landlord shall be solely responsible for the major failure or replacement of mechanical, plumbing, electrical and heating in the leased premises and for the structural safety of the leased space and structural integrity of exterior walls and roofs of the premises. It is also agreed that the Tenant shall be solely responsible for all other interior and exterior maintenance, including paint and day to day maintenance. Snow removal shall be the responsibility of the Tenant. Article VII. Prohibited Uses Section 7.01 Tenant will not use, occupy, or permit the Leased Premises or any part thereof to be used or occupied for any unlawful or illegal business, use or purposes deemed by Landlord to be disreputable, or hazardous, nor in such manner as to constitute a nuisance of any kind, nor for any purpose or in any way in violation of any present or future laws, rules, requirements, orders, directions, ordinances or regulations of the United States of America, State of Colorado, County of Eagle, Town of Eagle, or other municipal, governmental, or lawful authority whatsoever having jurisdiction. Section 7.02 Tenant shall not perform any act or carry on any practices which may injure the Facility of which the Leased Premises form a part or be a nuisance or menace to other tenants in said Facility. Tenant shall at all times be respectful of the other occupants of the Facility. Section 7.03 Tenant shall not do or permit anything to be done in or about the Leased Premises or bring or keep anything therein which will in any way increase the rate of fire insurance upon the building wherein the Leased Premises are situated. Tenant shall, at Tenant's sold cost and expense, comply with any and all requirements pertaining to the Leased Premises of any insurance company necessary for the maintenance of reasonable fire and public liability insurance covering the Leased Premises. Section 7.04 No hazardous substances or materials are allowed on the Premises. Hazardous substances or materials are those which are identified by State of Colorado or Federal law or regulation or any substance or materials identified by a Material Safety Data Sheet (MSDS)indicating a health, fire, or reactivity rating of one (1). Section 7.05 No storage of any items, garbage, chairs, tables, etc. may be placed outside of the Leased Premises, e.g. on sidewalks, in common areas, on parking surfaces, etc. Section 7.06 Tenant shall not occupy the Leased Premises past 9:00 pm on any night. Article VIII. Repairs, Alterations and Improvements Section 8.01 Tenant shall keep the Leased Premises, except for structural portions, in good order, condition and repair. Section 8.02 All reasonable alterations, improvements, and/or additions to the Leased Premises by Tenant will only be done at Tenant's expense after obtaining Landlord's written consent. Section 8.03 Unless otherwise agreed by Landlord, all alterations, improvements, partitions, flooring, carpeting or fixtures, including but not limited to light fixtures, electrical fixtures, and plumbing fixtures, and other changes to the Leased Premises which may be made or installed by either of the parties hereto and which in any matter are attached to the floors, walls, windows, or ceilings are to become, at the option of the Landlord, the property of the Landlord upon the termination of this Agreement, however such termination shall occur, and shall remain upon and be surrendered with the Leased Premises without reimbursement by Landlord to Tenant for the cost of any such alterations, improvements or changes be removed by Tenant upon termination of this Agreement, Tenant shall remove the same prior to the termination hereof and shall repair any damages caused by such removal. Section 8.04 At the expiration of the lease term, Tenant shall remove all of its moveable trade fixtures which shall not be the property of the Landlord under the foregoing provisions of this paragraph. Tenant's obligations to perform the covenants contained in this Paragraph of this Agreement shall survive the expiration or other termination of this Agreement. Article IX. Assignment and Subletting Section 9.01 Tenant shall not assign this Agreement nor any interest herein, or permit the use of the Leased Premises by any person or persons other than Tenant, or sublet the Premises in whole or in part without Landlord's prior written consent which may be withheld at Landlord's sole discretion. Article X. Access to Premises Section 10.01 Landlord and Landlord's authorized representative shall have the right to enter upon the Leased Premises at all reasonable hours (and in emergencies, at all times) to inspect the same, to make repairs, additions or alterations to the Premises and for any lawful purpose. Landlord agrees to provide Tenant with reasonable notice whenever Landlord deems necessary to enter upon the Premises. Article XI. Default Section 11.01 Delinquency by Tenant in the performance of or compliance with any of the obligations of Tenant contained in this Agreement, for a period of five (5) days after written notice thereof from Landlord, shall constitute a default of this Agreement by Tenant. Article XII. Termination Section 12.01 This Agreement may be terminated upon the occurrence of any of the following: (a) Default of the Tenant in performance of its obligation hereunder; (b) Written notification by either party that this Agreement will terminate for any reason whatsoever, with or without cause, specifying the date of termination. Said termination date shall be no sooner than five (5) days from the date of notification. Section 12.02 Upon the conclusion of this Agreement pursuant to this Article or pursuant to expiration of the stated term, Tenant shall peacefully surrender the Leased Premises to Landlord, and Landlord upon or at any time after any such expiration, may without further notice, peaceably reenter the Leased Premises and take control of the same. Section 12.03 No such termination of this Agreement shall relieve Tenant's liability and obligations under this agreement. Article XIII. Waiver Section 13.01 One or more waivers of any covenant or condition by Landlord shall not be construed as a waiver of a subsequent breach of the same or any other covenant or condition, and the consent or approval by Landlord to or of any act by Tenant requiring Landlord's consent or approval shall not be deemed to waive or render unnecessary Landlord's consent or approval to or any subsequent similar act by Tenant. No waiver of any provision of this Agreement shall be effective unless it is in writing and signed by Landlord. Article XIV. Hold Over Section 14.01 Tenant acknowledges that the term of this Agreement expires on February 13`h, 2007 and agrees to vacate the premises on or before said date. However, if Tenant should remain in possession of the premises after the expiration of the Agreement term for whatever reason and without executing a new Agreement, then such holding over shall be construed as a tenancy from month to month, subject to all the condition, provisions and obligations of this Agreement insofar as the same are applicable to a month to month tenancy. Article XV. Notices Section 15.01 All notices to be given with respect to this Agreement shall be in writing. Each notice shall be sent by registered or certified mail, postage prepaid and return receipt requested, to the party to be notified at the following address or at such other address as either party may from time to time designate in writing. Landlord/ Lessor Tenant/ Lessee Eagle County Facilities Management Town of Basalt 590 Broadway c/o Town Manager P.O. Box 850 Basalt, Colorado Eagle, CO 81631 Tel 970-927-4701 Section 15.02 Every notice shall be deemed to have been given at the time it shall be deposited in the United States mail in the manner prescribed herein. Nothing contained herein shall be construed to preclude personal service of any notice in the manner prescribed for personal service of a summons or other legal process. Article XVI. Attorney's Fees and Waiver of Right to Jury Section 16.01 In the event of any litigation or other action or proceeding between the parties hereto arising out of the performance of nonperformance of this Agreement, or enforcement of any rights or remedies hereunder, including any indemnities herein contained, the prevailing party shall be entitled in such litigation, action or proceeding to also recover as part of any judgment, award or other relief, its reasonable attorney's fees and costs incurred. Landlord and Tenant expressly waive any right which either may have to trail by jury of any dispute arising under this Agreement relating to the issues of termination of this Agreement and rights to possession of the Premises. Article XVII. Entire Agreement, Amendments Section 17.01 This Agreement, with attachments, constitutes the entire Agreement of the parties with respect to the subject matter hereof and supersedes all prior oral or written statements, understandings or correspondence, if any, with respect thereto. This Agreement may be amended only by one or more Amendments executed in the same manner as this Agreement. Article XVIII. Miscellaneous Provisions Section 18.01 If any portion of this Agreement shall be declared invalid or unenforceable, the remainder of the Agreement shall continue in full force and effect. Section 18.02 This Agreement and all agreements herein contained shall bind the parties hereto and their heirs, personal representatives, successors and assigns. Section 18.03 This Agreement shall be construed in accordance with the laws of the State of Colorado. The parties stipulate and consent to be the exclusive jurisdiction and venue of the District Court, Eagle County, Colorado, in any civil action which might arise under this Agreement. Section 18.04 The signatories below hereby represent and warrant that they have full authority to enter into this Agreement on behalf of the respective corporations. Section 18.05 The Tenant for itself, its personal representatives, successors in interest, and assigns, as part of the considerations hereof, does hereby covenant and agree that no person on the sole grounds of race, religion, national origin, gender, age, military status, marital status, or physical or mental disability shall be excluded from participation in, denied the benefits of, or otherwise subjected to discrimination in the use of the Leased Premises. Section 18.06 No agent, employee, or volunteer of Tenant shall be deemed an agent, employee or volunteer of the Landlord. Likewise, no agent, employee or volunteer of the Landlord shall be deemed an agent, employee or volunteer of the Tenant. Section 18.07 Tenant acknowledges that the Leased Premises is not secure from entry by users of other space in the same building. //REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK// IN WITNESS WHEREOF, the parties have executed this Agreement on the day and year first above written. LANDLORD: COUNTY OF EAGLE, STATE OF OLORADO By and Throughits B f Co missioners B Peter F. Runyon, Chairman Eagle County Board of County Commissioners ATT&� Clerk to the Board of ° Ihy ; TENANT: TOWN OF BASALT By: Name: Title: Tp v4' I M Ccs (-- XI N O O -5-0 (5 2" W c O O O U .O (0 W N '+ U C N O cB 3 y (U o. E : CL Hcu F- a) c E ` UC C -O O O a) E t C C tQ a)CUc o E U y m O O a) O a) m� o m c U Wa)� O � U N 0- cQ a C7 CU c 3 O 0 U c bli (I