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Item 40 - Appropriation Adjustment and Lease Agreement with Aldridge Electric, Inc.
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Item 40 - Appropriation Adjustment and Lease Agreement with Aldridge Electric, Inc.
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2/28/2024 4:54:52 PM
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2/28/2024 4:54:22 PM
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City Clerk
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Agenda Packet
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Public Works
Item #
40
Date
2/20/2024
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<br />such invalid, illegal or unenforceable provision had never been contained herein. The parties intend <br />that if any provision hereof is capable of two constructions, one of which would render the <br />provision void and the other of which would render the provision valid, then the provision shall <br />have the meaning which renders it valid. <br />j.Time is of the essence in the performance of each party’s respective obligations. <br />k.This Lease may be executed simultaneously in one or more counterparts, each of <br />which shall be deemed an original, but all of which taken together shall constitute one in the same <br />instrument, and it shall not be necessary that any single counterpart bear the signatures of all <br />parties. <br />l.Unless expressly stated to be exclusive, no remedy conferred herein shall be <br />deemed to be exclusive of any other remedy conferred herein or any other remedy now or hereafter <br />available at law or equity. All remedies conferred herein, and all remedies now or hereafter <br />available at law or equity, shall be deemed to be cumulative and not alternative, and may be <br />enforced concurrently or successively. <br />m.All provisions of this Lease shall be construed as covenants and agreements where <br />used in each separate provision hereof and shall bind and inure to the benefit of the parties hereto, <br />their respective heirs, legal representatives, successors and assigns. <br />n.All periods of time shall include Saturdays, Sundays and legal holidays; provided <br />that, if the last day to perform any act or give notice falls on a Saturday, Sunday or legal holiday, <br />then such act or notice shall be timely performed if given on the next succeeding business day. <br />o.Nothing contained in this Lease shall be deemed or construed by the parties hereto <br />or by any third party to create the relationship of principal and agent or of partnership or of joint <br />venture or of any association between Landlord and Tenant, and no provision contained in this <br />Lease nor any acts of the parties hereto shall be deemed to create any relationship between <br />Landlord and Tenant other than the relationship of landlord and tenant. <br />[signatures contained on following page] <br />Page 11 of 12
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