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Home My Public Portal About025-Morrison-Reeves (Parking)LEASE AGREEMENT This Lease Agreement (hereinafter "Agreement") entered into between the City of Richmond, Indiana, by and through its Board of Public Works and Safety (hereinafter "Lessor"), and Morrison -Reeves Library, by and through its Board of Trustees (hereinafter "Lessee"), in consideration of the reciprocal agreements of the parties, specifically noted below, agree as follows: WITNESSETH: 1. Premises: Lessor leases unto Lessee those parking spaces marked "RESERVED" in the parking lot owned and operated by the City of Richmond, Indiana, with said parking lot located due north of Morrison -Reeves Library across North 61h Street, and bounded by North "A" Street to the North, North 7th Street to the East, Service Drive to the South, and North 6th Street to the West. 2. Consideration: Lessor, in consideration of the Lessee's allowance for public parking on its parking lot located due north and adjacent to its building located at 80 North 6th Street, Richmond, Indiana, and in further consideration of the agreements contained herein, agrees to lease said premises described in paragraph Number 1, listed above, to Lessee without further demand of Lessee. 3. Term: For a term commencing on the 1 st day of April, 2005, and terminating on the 31 st day of March, 2010. Contract No. 25-2005 Page 1 of 3 4. Term Renewal: Lessee shall notify Lessor in writing not later than ninety (90) days prior to the expiration of said term identified in paragraph 3, listed above, its desire to renew said Agreement for an additional five (5) year tenn. Upon notice from Lessee, Lessor shall render a decision on said request for renewal not later than thirty (30) days prior to the expiration of said term identified in paragraph 3, listed above. 5. Use: Lessee shall solely use the premises for parking for Lessee's employees and Lessee's agents. 6. Lessor Liability: Lessor shall not be liable for any personal injury, death, or property damage sustained by Lessee, any employee or agent of Lessee, or other person on the premises as a result of, or in connection with, Lessor's operation of premises as a parking lot, and Lessee shall indemnify Lessor against and hold Lessor harmless from any such claim of such liability, where the injury or damage occurs during the term of this Agreement or as a consequence of an occurrence during the teen of this Agreement. 7• Maintenance: Lessor shall maintain the premises in a reasonably clean condition and in reasonably good order. 8. Utilities: Lessor shall bear the sole cost and expense of any utility services provided to the premises. 9. Surrender of Premises: Upon termination of this Agreement, whether by lapse of time or otherwise, Lessee shall surrender possession of the premises to Lessor. Should Lessor determine that Lessee's continued use of the premises is no longer compatible with the Lessor's public purpose, then and in that event, Lessor shall have the right to terminate said Agreement by giving Lessee sixty (60) days advance notice. Page 2 of 3 10. Non -Assignability: This Agreement shall not be assigned in whole or in part by Lessee, nor shall the premises or any part of the premises be sublet by the Lessee, nor shall any of the rights or privileges granted to Lessee be sold, transferred, or assigned by Lessee, without the consent of Lessor in writing first obtained, and any such sale, transfer, or assignment, whether voluntary or involuntary, shall be void and terminate this Agreement at the option of Lessor. 11. Binding Agreement: This Agreement shall be binding upon the parties hereto and shall be construed in accordance with the laws of the State of Indiana. IN WITNESS WHEREOF, the parties have executed this Agreement at Richmond, Indiana, as of the day and year first written above, although signatures may be affixed on different dates. "LESSOR" THE CITY OF RICHMOND, INDIANA by and through its Board of Public Works and Safety By:�titi - J&bh Kenny, Chairman Date: :?�2 q l05- APPROVED:l (.Cj i,t�z'Tit� A- Sarah L. Hutton, Mayor Date:- "g U "LESSEE" MORRISON-REEVES LIBRARY By President, Board of Trustees Date: '51 l 0 Q S Page 3 of 3 KAREN CHASTEEN Clerk CITY OF RICHMOND 50 NORTH FIFTH STREET RICHMOND, INDIANA 47374 PHONE (765) 983-7232 FAX (765) 983-7212 E-mail: kchasteen@ci.richmond.in.us March 1, 2005 Ms. Carol Smith Executive Director Morrison Reeves Library Dear Carol, Enclosed is a copy of the Lease Agreement the City is proposing for the reciprocal use of parking areas owned by the City of Richmond and Morrison Reeves Library. If it meets with the approval of your Board, please return the executed original to this office and keep a copy for your records. apologize for this process taking so long. Thank you for your patience. Sincerely, Karen Chasteen Enclosure Richmond City Clerk This Lease Agreement (herciriafter "Agreement") entered irito between the City of Richmond, Iridiaria, by and through its Board of Public Works and Safety (hereinafter "Lessor"), arnd Morrison -Reeves Library, by and through its Board of Trustees (hereinafter "Lessee"), in consideration of the reciprocal agreements of the parties, specifically noted below, agree as follows: WI'fNESSET14: Premises: Lessor leases unto Lessee those pm -king spaces marked "RESERVED" in the parking lot owned and operated by the City of Richmond, Indiana, with said parking lot located due north of Morrison -Reeves Library across North 6"' Street, and bounded by North "A" Street to the North, North 7`" Strcct to the East, Service Drive to the South, and North 6°i Street to the West. 2. Consideration: Lessor, in cornsideratiorl of the L,cssec's allowance for pulflic parking on its parking lot located due north and adjacent to its building located at 80 North 6`" Street, Richmond, Indiana, and in further consideration of the agreements coritaincd Herein, agrees to lease said premises described in lmr g,,ral>h Number 1, listed above, to Lessee without fiutkY -i demand of Lessee. 3. Tenn: For a term commencing on the I st day of April, 2005, and tcrminatirrg on the 31st day of March, 2010. Coiitriict No. 25-2005 Page I of 3 4. Lessee, shall nook/ Usser iu Whiny M later than UAIQc (90) days prior to the, expiration of said term identified in pywgmph _t, h stcd Row; its desire to renew said Agreement For an additional live (5) year term. I upon notice bon, Lessee, Lessor shall render a decision on said request For renewal not later than thirty (30) days prior to the expiration of said twin identified in paragraph 3, listed above. 5. Use: Lessee shall solely use the premises for parking for Lessee's employees and Lessee's agents. 6. Lessor Liability_ Lessor shall not be liable for any personal injury, death, or property damage sustained by Lessee, any employee or agent of Lessee, or other person on the premises as a result of, or in connection with, Lessor's operation of premises as a parking lot, and Lessee shall indemnify Lessor against and hold Lessor harmless from any such claim of such liability, where the injury or damage occurs during the term of this hgreen,(,rnt or as a consequawc of an occurrence during the tern: of this Agreement. T Mainte nance: Lessor shall maintain the premises in a rcasona-bly clean condition and in reasonably good order. S. Utilities: Lessor shall bear the sole cost and expense of any utility services provided to the premises. 9. Surr ;u c7 of 'fir tnrs 5; tipon termination of this eenicnt, whether by lapse of tinic or otherwise, Lessee shall surrender possession of thc premises to Lessor. Should Ussor dourrAne that Lessee's contKuwd use of the premises 4; no longer corrspatible with the Lcs,soi's public purpose, [hen and in that event Lessor shall have the right: to icrminate said Agreement by giving Lessee sixty (60) clays advance notice. I 1`•lon Ass;i;�vmbi]ity: This Agreement shill not be m \wholc, m m hart b>> Lessee, nor s11s:111 the premises or ally part (.)f the pl-cmiscs be sul;lct hV' the Lessee, nor shall any of the rights or privileges granted to Lcssec he sold, transFcrrcd, or assigned by Lessee, without the consent of Lessor in writing first obtained, and any such sale, transfer, or assignment, whether voluntary or involuntary, shall be void and terminate this Agreement at the option of Lessor. 11. Binding Agreement- This Agreement shall be binding upon the parties hereto and shall be construed in accordance with the laws of the State of Indiana. IN WITNESS WHEREOF, the parties have executed. this AgTeement at Richmond, tridiana, as of the day and year first written above, although signatures may be affixed on different dates. "LESSOR„ THE CIT`V OF RI.CHMOND, 11v1Dl.ANA by and through its Board of Public Works and Safety Johii Kenny, Chair1,1�11M �. APPROVID:' z- c Sarah L. Flutton, Mayor Datc v- - MOI:I iSO!!--fZ1 ,,VFS LIBRARY 13 y: --- -- - Presi(ic111, Rom(] of T ustecs