HomeMy Public PortalAbout1979.01.01 Senior Citizens Center LeaseSENIOR CITIZENS LEASE
THIS INDENTURE, Made and entered into this „9,44.1 day
of October, 1979, by and between the City of McCall, a municipal
corporation of the State. of Idaho, hereinafter called Lessor,
and McCall Senior Citizens, Inc., an Idaho corporation with
its principal place of business at McCall, Idaho, hereinafter
called Lessee,
W I T N E S S E T H:
In consideration of the Mutual covenants and agreements
hereinafter set forth, the parties hereto agree as .follows:
. I
Lessor hereby leases to Lessee for a term of ten (10)
years, which began January 1, , 1979, up to and in-
cluding the 31st day of December , 1989, that
certain land and building in McCall, Valley County, Idaho,
known as the McCall. Senior Citizens Center, more particularly
doccribcd as follows, to -wit:
A tract.of land in the SEaSWa, Section 9, Township 18
North, Range 3 East, B.M., Valley County, Idaho, more
particularly described as follows:
Commencing at the Northwest corner of the SE4SW; of
Section 9, Township 18 North, Range 3 East, B.M.;
thence East 30 feet to the East boundary of First
Street; thence South along the East boundary of First
Street a distance of 232.9 feet to the real point of
beginning; thence continue South along said East boun-
dary of First Street 175 feet more or less to the
intersection thereof_ with the Northwesterly boundary of
the Oregon Short Line Railroad right of way; thence in
a Northeasterly direction along said railroad right of
way to a point directly East of the real point of be-
ginning; thence West 175 feet more or less to the real
point of beginning, which tract is part of Block One of
the vacated plat of the Lakeport .Addition to the
Village of McCall.
II
As and for rental of said premises, Lessee shall pay
to Lessor and do and perform the following: (a) pay the sum
of Ten Dollars ($10.00) per year in advance on the 1 st
day of April of each year of the term of this lease; (b) each
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year, in advance, Lessee shall provide at its expense, fire
insurance with extended coverage to the full insurable value
of such premises and building thereon, with the Lessor as a
named insured (c) Lessee shall each year in advance, at its
expense, provide personal injury and property damage insurance
with the Lessor as a named insured, with the following
coverage:
$100, 000• for each person
300,000 for each occurence
50,000 for property damage
1,000 for medical coverage
III
Lessee shall have the option to renew this agreement
for additional terms of five (5) years each at the same rent
as set forth in paragraph II. Upon ninety (90) days' written
notice in advance, either party to this lease may terminate
and cancel the same and possession of said premises shall be
delivered to Lessor as provided in paragraph XII hereof.
IV
Lessee shall not assign this lease or sublet the pre-
mises to another party without the express written approval
of Lessor.
V
Lessor agrees at its sole cost and expense, at all
times, to keep and maintain the said building and premises
in a good and proper state of repair, including, but not
limited to, exterior painting, plumbing and other building
service fixtures; and Lessor agrees to maintain the roof of
said building in such condition as will at all times prevent
water from getting into said building and in the event that
damage is caused to said building during the effective term
of this lease from such cause, Lessor agrees promptly to ,
repair such damage without expense to Lessee, or to reimburse
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L e s s e e i n f u l l f o r L e s s e e '