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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
Agency
Public Works
Item #
40
Date
2/20/2024
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<br />and pay for any renovations, alterations and improvements to the Premises as Tenant deems <br />desirable and Tenant agrees that all such alterations and improvements shall be made in a good <br />and workmanlike manner and in such fashion as not to diminish the value of the building, and that <br />no such alterations shall compromise the structural integrity of the Premises. All improvements, <br />additions, alterations, and repairs 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, alterations, and major repairs made by Tenant. It shall be <br />Tenant’s ’s duty to keep the Premises free and clear of all liens, claims, and demands for work <br />performed, materials furnished, or operations conducted on the Premises at the request of Tenant. <br />On surrendering possession of the Premises to Landlord at the expiration or sooner termination of <br />this Lease or any Extension Period, Tenant shall be required to return the premises in the same <br />condition upon commencement of lease except for normal wear and tear. <br />Tenant may paint the interior of the Premises and may also paint, erect or authorize the <br />installation of “temporary signs” in accordance with a signage plan that is pre-approved by the <br />Landlord. Landlord shall not install or maintain, or permit anyone other than Tenant to install or <br />maintain, any signs on any part of the Premises or within the air space above the Premises during <br />the Term or any Extension Period of this Lease. <br />12. MAINTENANCE: Landlord shall provide at its own cost and expense janitorial services <br />for the Premises. Janitorial supplies and services shall be provided on a five-day-per-week basis. <br />13. COMPLIANCE WITH LAWS: Tenant shall make and pay for nonstructural <br />improvements and alterations to comply with all applicable laws, rules, regulations and ordinances <br />of any and all applicable governmental entities (the “Governmental Laws”) applying to the <br />physical condition of the Premises and the building located thereon and arising solely from <br />Tenant's conduct of business. TENANT ACKNOWLEDGES THAT THE PREMISES HAS NOT <br />UNDERGONE AN INSPECTION BY A CERTIFIED ACCESS SPECIALIST (CASP). <br />14. UTILITIES: Landlord agrees to pay for all utilities furnished to the Premises and which <br />are consumed by Tenant, during the Term and any Extension Period, including charges or <br />assessments for water, sewer, gas, heat, electricity, garbage disposal and trash disposal. <br />15. ESTOPPEL CERTIFICATES: Landlord and Tenant shall, from time to time upon <br />thirty (30) days' request by the other (but not to exceed more than three (3) times in any given <br />calendar year), execute, acknowledge and deliver a statement, dated currently, certifying that this <br />Lease is unmodified and in full, force and effect (or, if there have been modifications, that this <br />Lease is in full effect as modified, and identifying such modifications) and the dates to which the <br />Rent have been paid, and that no default exists in the observance of this Lease and no event of <br />default has occurred and is continuing, or specifying each such default or event of default of which <br />Landlord or Tenant may have knowledge, it being intended that any such statement may be relied <br />upon by Landlord's or Tenant's Mortgagees, any prospective purchaser of the interest of Landlord <br />or Tenant in their respective premises described herein. <br />Page 3 of 12
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