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Coffee Time LLC dba Tabby's Coffee Company 2/14/2024
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Coffee Time LLC dba Tabby's Coffee Company 2/14/2024
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Last modified
2/16/2024 8:25:47 AM
Creation date
2/16/2024 8:25:12 AM
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Contracts
Contractor's Name
Coffee Time LLC dba Tabby's Coffee Company
Approval Date
2/14/2024
End Date
12/31/2024
Department
Real Property
Department Project Manager
Darcie Byrd
Subject / Project Title
Lease Agreement at Library Cafe
Tracking Number
0004186
Total Compensation
$8,800.00
Contract Type
Real Property
Contract Subtype
Leases
Retention Period
6 Years Then Destroy
Imported from EPIC
No
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made no representations or warranties to Tenant with respect to the Leased Premises or the <br /> Building, (b) Tenant is not relying on any representations or warranties by any person regarding <br /> the Leased Premises or the Building, and (c) except for Landlord Work, if any, described in <br /> Section 1 and Exhibit C to this Lease, Landlord has no obligation to construct any improvements <br /> to the Leased Premises or the Building. <br /> 3. TERM. The term of this Lease is for the Term stated in Section 1 of this Lease. <br /> The terms and conditions of one or more Extension Terms, if any, are provided in the attached <br /> Exhibit B. <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 <br /> Lease by written notice to Landlord, so long as the written notice is delivered to Landlord prior <br /> to delivery of possession of the Leased Premises to Tenant. <br /> (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. During the term of this Lease, Tenant shall pay the Base Rent by the first <br /> 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 <br /> pay to Landlord items described as "Additional Rent" in this Lease, including, without <br /> limitation, Leasehold Excise Tax (as defined below). If any rent is, at any time, five (5) or more <br /> days past due, Tenant shall pay a late charge equal to ten percent (10%) of the past due rent. In <br /> addition, interest will accrue on the past due amount from the date due until paid in full at a <br /> per annum rate, which is the lesser of the highest interest rate permitted by applicable law or <br /> twelve percent (12%) per annum (the "Default Rate"). Tenant shall make all rent payments <br /> without deduction 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 <br /> the Building that may be made by Landlord from time to time, including, without limitation, <br /> 3 <br />
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