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70-097
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70-097
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Last modified
1/3/2012 12:35:41 PM
Creation date
6/26/2003 10:46:45 AM
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City Clerk
Doc Type
Resolution
Doc #
70-97
Date
9/29/1970
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pancy and written notice <br /> <br />on the City by the Authority, <br />term shall commence no later <br />1973." <br /> <br />thereof has been served <br /> <br /> provided that the <br /> than November 1, <br /> <br /> Section 6. Section ~(a) of the Lease is amended <br />to read as follows: <br /> <br /> "For the period commencing on November 1, 1972, <br /> or on the date when the Project is completed and <br /> available for occupancy and written notice thereof <br /> has been served on the City by the Authority, which- <br /> ever is later, the City agrees to pay for the use of <br /> the Project during each Fiscal Year, equal install- <br /> ments of Base Rental at the rate of $ <br /> per year. The City agrees to pay said Base Rental <br /> to the Trustee for the account of the Authority. In <br /> the event that the liability of the City to pay Base <br /> Rental does not commence on November 1, 1972, the rent <br /> to be paid for the remaining portion of the Fiscal <br /> Year in which such liability commences shall be pro- <br /> rated and shall be paid within thirty (30) days <br /> following commencement of such liability, but in no <br /> event shall such payment be later than the next <br /> succeeding June 30. During the remainder of the <br /> term of this City Hall Lease, Base Rental shall be <br /> due on July 1 and shall be payable on or before <br /> July 31, in each Fiscal Year for use of the premises <br /> during said Fiscal Year." <br /> <br /> Section 7. Section ~(b)(v) of the Lease is <br />amended to read as follows: <br /> <br />e <br /> <br /> <br />
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