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ALDRIDGE ELECTRIC, INC.
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Last modified
11/13/2019 5:31:13 PM
Creation date
11/13/2019 5:24:25 PM
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Contracts
Company Name
ALDRIDGE ELECTRIC, INC.
Contract #
A-2019-160
Agency
PUBLIC WORKS
Council Approval Date
9/17/2019
Expiration Date
2/19/2021
Insurance Exp Date
3/31/2019
Destruction Year
2026
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DocuSign Envelope ID; 8D50DC2A•E339.4E8C•A388-000A7CF55027 <br />Extension Period, if the option for such is exercised, shall be subject to a CPI adjustment <br />annually on the anniversary of the commencement date of the term hereof; <br />7. HOLDOVER: Tenant has no right to retain possession of the Premises or any part <br />thereof beyond the expiration or termination of this Lease. Nothing contained herein shall be <br />construed as consent by Landlord to any holding over by Tenant. Any holding over by Tenant of <br />the Premises after the expiration or termination of this Lease shall operate and be construed as a <br />tenancy from month to month subject to the terms of this Lease, terminable by either party upon <br />thirty (30) days' prior written notice to the other. <br />8. LANDLORD'S TITLE: Landlord hereby covenants, represents and warrants to Tenant <br />that Landlord has fee simple title to the Premises and has the full right and lawful authority to <br />make this Lease. Notwithstanding anything contained herein to the contrary, if there are any <br />liens, security interests, restrictions, leases, encumbrances, encroachments, laws, ordinances, <br />governmental rules or regulations, title restrictions, zoning, endangered species or any other <br />matters which in fact interfere with Tenant's use of the Premises, then Tenant may terminate this <br />Lease without owing any liability to Landlord. Landlord covenants that so long as Tenant is not <br />in monetary default as defined hereunder, Tenant shall have quiet and peaceful possession and <br />enjoyment of the Premises, all improvements located thereon and of all easements, rights and <br />appurtenances thereunto belonging. <br />9. DELIVERY OF POSSESSION UPON TERMINATION OR EXPIRATION OF <br />TERM: Tenant agrees to deliver to Landlord physical possession of the Premises upon the <br />tenmination or expiration of this Lease in good condition except, however, ordinary wear and <br />tear, damage by fire or any other casualty, or damage from any other cause unless such other <br />,cause is attributable to Tenant. <br />10. ASSIGNMENT AND SUBLETTING: Tenant may not assign this Lease or sublet the <br />Premises or any part thereof without the, prior written consent of Landlord. <br />11, TENANT'S REPAIRS, ALTERATIONS AND FIXTURES: Except for reasonable <br />wear and tear, Tenant agrees at Tenant's expense to maintain the premises in good repair. <br />Subject to Landlord approval, Tenant shall make and pay for any renovations, alterations, minor <br />repairs (light bulbs, etc,) and improvements to the Premises as Tenant deems desirable and <br />Tenant agrees that all such alterations and improvements shall be trade in a good and <br />workmanlike manner and in such fashion as not to diminish the value of the building; and that no <br />Stich alterations shall compromise the structural integrity of the Premises. All improvements, <br />additions and alterations, shall be in accordance with applicable laws and at Tenant's own <br />expense. Tenant shall indemnify and defend Landlord for all liens, claims, or damages caused by <br />remodeling, Improvements, additions and alterations completed by Tenant. It shall be Tenant's <br />duty to keep the Premises free and clear of all liens, claims, and demands for work performed, <br />materials furnished, or operations conducted on the Premises at the request of Tenant. On <br />surrendering possession of the Premises to Landlord at the expiration or sooner termination of <br />
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