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Congressman Rick Larsen 8/7/2023
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6 Years Then Destroy
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2025
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Congressman Rick Larsen 8/7/2023
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Entry Properties
Last modified
8/11/2023 10:04:29 AM
Creation date
8/11/2023 10:03:32 AM
Metadata
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Template:
Contracts
Contractor's Name
Congressman Rick Larsen
Approval Date
8/7/2023
Council Approval Date
8/2/2023
End Date
1/2/2025
Department
Real Property
Department Project Manager
Darcie Byrd
Subject / Project Title
Lease Agreement 2930 Wetmore Ave Suite 9F
Tracking Number
0003889
Total Compensation
$115,544.40
Contract Type
Real Property
Contract Subtype
Leases
Retention Period
6 Years Then Destroy
Imported from EPIC
No
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Section. Any assignment made by Tenant will not become effective until the assignee, in a <br /> written instrument acceptable to Landlord at Landlord's sole discretion, assumes this Lease and <br /> agrees to perform and be bound by all of the obligations of Tenant accruing under this Lease <br /> from and after the date of assignment. Regardless of Landlord's consent, no subletting or <br /> assignment shall release Tenant of Tenant's obligation or alter the primary liability of Tenant to <br /> pay rent and to perform all other obligations to be performed by Tenant under this Lease. <br /> Acceptance of rent by Landlord from any person other than Tenant will not be deemed to be a <br /> waiver by Landlord of any provision of this Lease. Consent to one assignment or subletting will <br /> not be deemed consent to any subsequent assignment or subletting. Whether or not Landlord <br /> consents to any proposed assignment of this Lease, Tenant shall pay Landlord's reasonable <br /> review and processing fees, as well as any reasonable professional fees (including, without <br /> limitation, attorneys', accountants', architects', engineers' and consultants' fees) incurred by <br /> Landlord not to be less than two thousand five hundred dollars ($2,500), within thirty (30) days <br /> after demand by Landlord. <br /> (b) Assignment by Landlord. Landlord shall have the right to assign and <br /> transfer, in whole or in part, its rights and obligations under this Lease and in any and all of the <br /> Building and the real property upon which it is situated. If Landlord so assigns this Lease or sells <br /> or transfers any or all of the Building, Landlord shall, upon consummation of such assignment or <br /> transfer be released automatically from any liability under this Lease for obligations to be <br /> performed or observed after the date of the assignment or transfer. After the effective date of <br /> the assignment or transfer, Tenant must look solely to Landlord's successor-in-interest for all <br /> liability and obligations hereunder. <br /> 14. SURRENDER OF LEASED PREMISES. <br /> (a) Surrender. Tenant shall, at the expiration or earlier termination of this <br /> Lease, surrender and deliver the Leased Premises to Landlord (i) in as good condition as when <br /> received by Tenant from Landlord or as later improved, reasonable use and wear excepted, and <br /> (ii) free from any tenancy or occupancy by any person. <br /> (b) Removal of Property. Upon the expiration or earlier termination of this <br /> Lease, Tenant may remove its personal property, office supplies and office furniture and <br /> equipment if (i) such items are readily moveable and are not attached to the Leased Premises; <br /> (ii) such removal is completed prior to the expiration or earlier termination of this Lease; and <br /> (iii) Tenant immediately repairs all damage caused by or resulting from such removal. All Tenant <br /> Alterations shall become the property of Landlord and shall remain upon and be surrendered <br /> with the Leased Premises, unless Landlord requires their removal. If removal is required, Tenant <br /> shall, at its sole cost and expense, remove all (or such portion as Landlord shall designate) of the <br /> Tenant Alterations, repair any damages resulting from such removal and return the Leased <br /> Premises to the same condition as existed prior to such Tenant Alterations. <br /> (c) Holding Over. If Tenant holds over after the expiration of the term of the <br /> Lease with Landlord's express prior written consent, which may be withheld at Landlord's sole <br /> 6 <br />
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