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HomeMy Public PortalAboutAddendum No. 1 to Contract No. 81-2020 - Lease Agreement - Fire Station No. 6 - Reid ADDENDUM TO LEASE AGREEMENT THIS ADDO9IIN/1, (Number 1 to Contract No. 81-2020) is made and entered into this day (of t„/ ,2023,by and between Richmond, Indiana,a municipal corporation acting through its Board of Public Works and Safety with its office at 50 North 5th Street, Richmond, Indiana, 47374 (hereinafter referred to as "City" or -Lessor"), and Reid Hospital & Health Care Services, Inc., an Indiana nonprofit corporation (hereinafter referred to as "Lessee"). WHEREAS, City ad Lessee entered into Contract No. 81-2020, which is a Lease Agreement for the premises located at 1501 NW 5th Street, on July 2, 2020; and WHEREAS, Section 5.01 (Renewal Privileges) of said Agreement provides that Lessee has an option to renew the Lease for an additional three (3) year term upon the same terms, conditions, and provisions contained within the Lease Agreement; and WHEREAS, The parties have agreed to extend the termination date set forth in within the terms of Contract No. 81-2020 to June 15, 2026. NOW, THEREFORE, in consideration of the mutual promises and covenants herein contained, including the above stated recitals, City and Lessee hereby agree as follows: 1. The City and Lessee executed and entered into Contract No. 81-2020, July 2, 2020. Pursuant to Contract No. 81-2020, Section 5.01 (Renewal Privileges), an option to renew the Lease Agreement for an additional term of three (3) years is exercised by the Parties. 2. The Parties agree to alter the Agreement to extend the termination date set forth within Section 2.01 (Term)to and until June 15, 2026, in order that the Lease Agreement shall be continued to be performed in a manner consistent with Contract No. 81-2020, which is hereby incorporated by reference and made a part hereof. 3. City and Lessee expressly agree that all other terms, conditions, and covenants contained in Contract No. 81-2020 and Lease Agreement shall be applicable to the extension of said Lease Agreement pursuant to this Addendum, unless such term, condition or covenant conflicts with this Addendum Number 1, in which case this Addendum Number 1 shall be controlling. Addendum No. 1 to Contract No. 81-2020 Page 1 of 2 4. Both parties hereby agree that Contract No. 81-2020 and Lease Agreement shall otherwise remain intact and unchanged and in full force and effect. 5. Both parties agree that any person executing this Addendum to the Lease Agreement in a representative capacity hereby warrants that he or she has been duly authorized by his or her principal to execute this Addendum. IN WITNESS WHEREOF, this Addendum to the Lease Agreement is execu)ed and approved by the undersigned representatives of the City and Lessee this.2-016day of ,,fai , 2023. "CITY/LESSOR" "LESSEE" THE CITY OF RICHMOND, REID HOSPITAL & HEALTH CARE INDIANA by and through its SERVICES, INC., AN INDIANA Board of Public Works and Safety NONPROFIT CORPORATION By: //( (7/ - / By: Vicki Robinson, President Craig C. Ki yon, P sident/CEO By: Date: 8/11/! _oz Emily PaIier, Member By: Matt Evans, Member 7- -26)---) Date: APPROVED: _ (—DVtdM. SnMyr Date: Page 2 of 2