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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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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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(b) The Lease may be terminated by Landlord pursuant to its Special <br /> Termination Right set forth in Section 1 above, in addition to any other termination rights that <br /> may be contained in this Lease. <br /> 4. RENT. Beginning on September 1, 2021 and continuing during the term of this <br /> Lease, Tenant shall pay the Base Rent by the first day of each calendar month of the Term to: <br /> Treasurer <br /> City of Everett <br /> 2930 Wetmore Avenue <br /> Everett, WA 98201 <br /> or such other place as Landlord may from time to time designate in writing. Tenant shall also pay <br /> to Landlord items described as "Additional Rent" in this Lease, including, without limitation, <br /> Leasehold Excise Tax (as defined below). If any rent is, at any time, five (5) or more days past <br /> due, Tenant shall pay a late charge equal to ten percent (10%) of the past due rent. In addition, <br /> interest will accrue on the past due amount from the date due until paid in full at a per annum <br /> rate,which is the lesser of the highest interest rate permitted by applicable law or twelve percent <br /> (12%) per annum (the "Default Rate"). Tenant shall make all rent payments without deduction <br /> or offset. Rent for partial months, if any occur, will be prorated. <br /> 5. USE. Tenant shall use the Leased Premises only for the Approved Use stated in <br /> Section 1. Tenant shall not use or permit the use of the Leased Premises for any other use <br /> without the prior written consent of Landlord, which may be withheld at Landlord's sole <br /> discretion. Tenant shall abide by the rules and regulations governing the Leased Premises or the <br /> Building that may be made by Landlord from time to time, including, without limitation, those <br /> described in Section 1 above. Tenant shall use reasonable methods to induce customers, clients <br /> and all persons invited by Tenant to observe such rules and regulations. <br /> 6. COMPLIANCE WITH LAW. Tenant shall not do anything or suffer anything to be <br /> done in or about the Leased Premises which will in any way violate or conflict with any <br /> Governmental Requirements (as defined below).At its sole cost and expense,Tenant shall obtain <br /> all required permits in connection with its use, occupancy and operation of the Leased Premises <br /> and shall promptly comply with all Governmental Requirements. Should any Governmental <br /> Requirement now or hereafter be imposed on Landlord or Tenant by a state, federal or local <br /> governmental body charged with the establishment, regulation and enforcement of <br /> occupational, health or safety standards for employers, employees, landlords or tenants, then <br /> Tenant shall, at its sole cost and expense, comply promptly with such Governmental <br /> Requirements. Tenant shall be responsible, at its sole cost and expense, to make all alterations <br /> to the Leased Premises that are required to comply with Governmental Requirements. Tenant <br /> shall not use or permit the use of the Leased Premises in any manner that may create a nuisance. <br /> Tenant shall not use any machinery or equipment in the Leased Premises which might be <br /> injurious to the Leased Premises or to the Building or which might cause noise or vibration that <br /> 4 <br />
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