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NW Innovation Resource Center 6/8/2021
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NW Innovation Resource Center 6/8/2021
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Entry Properties
Last modified
6/11/2021 9:13:00 AM
Creation date
6/11/2021 9:11:57 AM
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Contracts
Contractor's Name
NW Innovation Resource Center
Approval Date
6/8/2021
Council Approval Date
6/2/2021
End Date
6/8/2023
Department
Facilities
Department Project Manager
Darcie Byrd
Subject / Project Title
Lease agreement at Conference Center
Tracking Number
0002943
Total Compensation
$30,000.00
Contract Type
Agreement
Contract Subtype
Lease
Retention Period
6 Years Then Destroy
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Before installing lights and equipment in the Leased Premises,Tenant shall <br /> obtain the written permission of Landlord. Landlord may refuse to grant <br /> such permission unless Tenant shall agree to pay the Landlord's costs for <br /> installation of supplementary air-conditioning capacity or electrical <br /> systems as required by such equipment or lights. Landlord shall be entitled <br /> to install and operate at Tenant's cost a monitoring/metering system in the <br /> Leased Premises to measure the added demands on electricity, heating, <br /> ventilation, and air-conditioning systems resulting from such equipment <br /> and lights and from Tenant's after-hours heating, ventilation and air- <br /> conditioning systems requirements. Tenant shall comply with Landlord's <br /> reasonable instructions for the use of drapes, blinds and thermostats in the <br /> Leased Premises. <br /> Landlord Work If Landlord has agreed to construct improvements in the Leased Premises, <br /> such work is shown in Exhibit E. If there is no Exhibit E, Landlord has not <br /> agreed to construct any improvements in the Leased Premises. <br /> Lease Guaranty None <br /> Parking The parking provisions of this Lease, if any, are provided in Exhibit G. If <br /> there is no Exhibit G,then there are no parking provisions applicable to this <br /> Lease. <br /> 2. LEASED PREMISES. Landlord leases to Tenant, and Tenant leases from Landlord, <br /> the Leased Premises. Tenant has examined the Leased Premises and is in all respects familiar <br /> with the Leased Premises and the improvements in the Leased Premises and Building. Tenant <br /> accepts the Leased Premises and its improvements in their "as is" condition. Tenant further <br /> acknowledges and agrees that(a)except as specifically provided in this Lease, Landlord has made <br /> no representations or warranties to Tenant with respect to the Leased Premises or the Building, <br /> (b)Tenant is not relying on any representations or warranties by any person regarding the Leased <br /> Premises or the Building, and (c) except for Landlord Work, if any, described in Section 1 and <br /> Exhibit D to this Lease, Landlord has no obligation to construct any improvements to the Leased <br /> Premises or the Building. <br /> 3. TERM. The term of this Lease is for the Term stated in Section 1 of this Lease. The <br /> terms and conditions of one or more Extension Terms, if any, are provided in the attached <br /> Exhibit C. <br /> (a) If Landlord cannot deliver possession of the Leased Premises for any <br /> reason at the commencement of the Term, such non-delivery will not (i) cause Landlord liability <br /> for damages, (ii) cause the Lease to become void or voidable, or (iii) cause the Term to be <br /> extended. However, in such event Tenant will not be liable for rent until Landlord can deliver <br /> possession, and if possession is delayed by over ninety(90)days,Tenant may terminate this Lease <br /> by written notice to Landlord, so long as the written notice is delivered to Landlord prior to <br /> delivery of possession of the Leased Premises to Tenant. <br /> 3 <br />
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