Loading...
HomeMy Public PortalAbout2012.11.30 McCall Arts & Humanities Council Personal Property Lease Agreementf l CITY OF MCCALL - pit i lei I DEC — 3 2012 PERSONAL PROPERTY LEASE AGREEMENT MCCALL ARTS AND HUMANITIES COUNCIL a THIS AGREEMENT is made and entered into this (50 day of Well (,,r' , 2012, by and between the City of McCall (hereafter "McCall"), a municipal corporation of the State of Idaho, and Phil Wilcomb (hereafter "Artist"); WITNESSETH: Artist leases to McCall, the personal property described on attached Exhibit "A". The term of this lease is for a period of twelve months commencing on November 10, 2012, and terminating on November 10, 2013, under the following terms and conditions: 1. RENT: McCall agrees to pay Artist rent in the sum of $1.00 due and payable on an annual basis. 2. MAINTENANCE AND REPAIR OF PROPERTY: Artist agrees to perform routine maintenance and repair on the leased property necessary to maintain it in as good condition as the same is now in, reasonable wear and tear excepted. Risk of loss or damage to the leased property by fire, vandalism, theft of damage by the elements shall be that of McCall. The t-,o�-ttal re lacement value of the work of art is $€c2j 2�vQo (Artist signature and date: 3. WARRANTY: Artist has examined the personal property and is relying upon its own judgment on the suitability of the personal property for its intended use. City provides no warranty to Artist. 4. TIME OF ESSENCE AND DEFAULT: Time and the strict and faithful performance of each of the conditions of this agreement are expressly made the essence of this agreement. Either Artist or McCall may terminate this agreement with 24 hours written notice. The Artist may repossess the leased property after written notice to McCall. 5. ASSIGNMENT OR SUBLETTING PROHIBITED The Artist or McCall shall not assign this lease nor sublet any of the personal property to any other person. 6. ENTIRE AGREEMENT: This is the entire agreement of the parties and can only be modified or amended in writing by the parties. Page 1 of 3 Artist Lease Agreement 7. ATTORNEY FEES: If action is brought to enforce the terms or provisions of this lease, or to enforce forfeiture for default, or to collect damages for breach, the prevailing If action is brought to enforce the terms or provisions of this lease, or to enforce forfeiture for default, or to collect damages for breach, the prevailing IN WITNESS WHEREOF, the Artist and McCall do execute this Lease Agreement the day and year first above written. ATTEST: essieJo W gner, City gk CITY OF McCALL, IDAHO B Donald C Bailey, Mayor ARTIST By:1, -±;r-27 Phil Wilcomb Page 2 of 3 Artist Lease Agreement STATE OF IDAHO ) : ss: County of Valley ) On this 47 day ofZeti. , 2012, before me, the undersigned Notary Public, in and for said State, personally appeared DONALD C BAILEY and BESSIEJO WAGNER, known to me to be the Mayor and City Clerk, respectively, of the City of McCall, a municipal corporation of the State of Idaho, who executed the within instrument, and acknowledged to me that such city executed the same. day an (SE :L _. ►'4t, �e�se®! - os IN wuguS WHEREOF, I have hereunto set my hand and affixed my official seal the �s tio� e&Vficate first above written. �s s® • 1Z0T'q'Q41. ;`04 s oc A� �O STATE OF IDAHO ) . ss: County of jr-0-1- L. ) Notary Public fo a. o / 7 Commission Expires: //IA/ D� Residing at: McCall, Idaho On this N) day of 0\10Mi P r , 2012, before me, the undersigned Notary Public, in and for said State, personally appeared PHIL WILCOMB known to me to be the lessee and artist who executed the within instrument, and acknowledged to me that such corporation executed the same. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written. (SEAL) ,,, • • i e i 1yUTA,I�1- j v o • o am, e ae • � PUBL%C ;t,ti>,°•0 ••••° vow 1th EP Niary Public for Idaho Commission Expires: % a)-2-0\ S Residing at: McCall, Idaho Page 3 of 3 Artist Lease Agreement