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Washington Rush Soccer Club 5/30/2023
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Washington Rush Soccer Club 5/30/2023
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Last modified
6/2/2023 10:15:57 AM
Creation date
6/2/2023 10:14:54 AM
Metadata
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Contracts
Contractor's Name
Washington Rush Soccer Club
Approval Date
5/30/2023
Council Approval Date
5/24/2023
End Date
5/31/2028
Department
Parks
Department Project Manager
Cory Rettenmeier
Subject / Project Title
Lease Agreement for Kasch Park Athletic Office
Tracking Number
0003686
Total Compensation
$429,895.56
Contract Type
Agreement
Contract Subtype
Leases (not Real Property)
Retention Period
6 Years Then Destroy
Imported from EPIC
No
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losses or damages incurred by Tenant during any reconstruction period following a Casualty; <br /> provided, however,that if this Lease is not terminated by Landlord pursuant to this Section 17(a) <br /> and if the Leased Premises have been rendered wholly or partially untenantable by such Casualty <br /> and such Casualty did not arise from the acts or omissions of Tenant or any officer, agent, <br /> employee, guest, or invitee of Tenant,then the Base Rent and Additional Rent payable by Tenant <br /> pursuant to this Lease during the period from the date of the Casualty until the date that Landlord <br /> has completed restoration pursuant to Landlord's election to restore under this Section shall be <br /> equitably reduced in proportion to the percentage of the Leased Premises that is untenantable. <br /> (b) Not Used. <br /> 18. CONDEMNATION. If the Leased Premises shall be taken by public or quasi-public <br /> authority under any power of eminent domain or condemnation, this Lease shall, at the option <br /> of Landlord or Tenant, upon thirty(30) days notice to the other party,terminate and Tenant shall <br /> have no claim or interest in or to any award of damages for such taking. In the case of a taking <br /> of a part of the Leased Premises, this Lease shall continue in full force and effect and the Base <br /> Rent shall be equitably reduced based on the proportion by which the floor area of the Leased <br /> Premises is reduced, such reduction in Base Rent to be effective as of the date the physical taking <br /> occurs. Landlord reserves all rights to damages or awards for any taking by eminent domain <br /> relating to the Leased Premises and the real property upon which the Leased Premises is situated, <br /> and the unexpired term of this Lease. Tenant assigns to Landlord any right Tenant may have to <br /> such damages or award and Tenant shall make no claim against Landlord for damages for <br /> termination of its leasehold interest or interference with Tenant's business. Tenant shall have <br /> the right, however, to claim and recover from the condemning authority compensation for any <br /> loss to which Tenant may be entitled for Tenant's moving expenses or other relocation costs if <br /> they are awarded separately to Tenant in the eminent domain proceedings and do not reduce <br /> the damages or award to Landlord. <br /> 19. EVENTS OF DEFAULT. Each of the following occurrences is an "Event of Default": <br /> (a) Payment Default. Tenant's failure to pay rent or any other amount due <br /> under this Lease within five (5) days after Landlord has delivered written notice to Tenant that <br /> such amount is due; however, an Event of Default shall occur without any obligation of Landlord <br /> to give any written notice if Tenant fails to pay rent when due and, during the twelve (12) month <br /> interval preceding such failure, Landlord has given Tenant written notice of failure to pay rent on <br /> one (1) or more occasions; <br /> (b) Abandonment. Tenant abandons or vacates the Leased Premises or any <br /> substantial portion of the Leased Premises combined with the non-payment of rent; <br /> (c) Other Defaults. Except as otherwise provided in this Section 19 or <br /> elsewhere in this Lease, Tenant's failure to perform, comply with, or observe any other <br /> agreement or obligation of Tenant under this Lease and the continuance of such failure for a <br /> period of more than thirty(30) days after Landlord has delivered to Tenant written notice thereof <br /> 12 <br />
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