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Replacement Structure as herein proposed. <br />Therefore, in consideration of the promises, covenants and agreements hereinafter set forth, and <br />subject to the terms, conditions and provisions of this ASA, the Parties agree as follows: <br />1. Consideration <br />a. City agrees to pay Tenant, in accordance with the disbursement schedule referenced in section <br />1(c)(d)(e) & (f), below, the total sum of NINETY SIX THOUSAND SIX HUNDRED <br />NINETY SIX AND NO/100 DOLLARS ($96,696.00) as full compensation for any and <br />all relocation assistance and other relocation and/or displacement benefits to which Tenant <br />is or may be entitled, including, but not limited to, compensation for any and all loss of <br />business goodwill (if any), leasehold interests, personal property, improvements pertaining to <br />realty, bonus value (if any), severance damages (if any), and any and all other damages to <br />which Tenant is or may be entitled to as a result of City's acquisition of the Acquired <br />Property for the Project. <br />b. Tenant agrees to assign a portion of the compensation described in Section 1(a), above, to <br />Landlord, which Landlord agrees shall be used exclusively for the purchase, construction and <br />installation of Tenant improvements and trade fixtures to Tenant's unit within Replacement <br />Structure. The total amount of compensation being assigned by Tenant to Landlord under this <br />ASA is SIXTY NINE THOUSAND SEVEN HUNDRED FIFTY AND NO/100 <br />DOLLARS ($69,750.00). As consideration for said assignment of compensation, Landlord <br />agrees to provide the following Tenant improvements to Tenant's unit in the Replacement <br />Structure: HVAC, lights, T Bar ceiling, insulation at ceiling, standard number of electrical <br />outlets, flooring, one bathroom that meets Americans with Disabilities Act standards, phone <br />jacks in number sufficient to operate Tenant's current equipment, finish painted interior walls, <br />carpet and base, interior framing and drywall, interior doors, and soft costs such as <br />contingency, builder overhead and profit, zoning and associated permit fees and architectural <br />and engineering fees. <br />Tenant agrees it bears sole financial responsibility for the following: (1) to move its personal <br />property from the Property to the Replacement Structure, (2) for the disconnection, move and <br />reconnection of all fixtures and equipment from the Property to the Replacement Structure, <br />including the reinstallation of racks and displays, installation of telephone system, and (3) any <br />electrical requirements in the Replacement Structure that are in addition to standard electrical <br />service. <br />c. Upon execution of (1) this ASA and (2) a valid and enforceable lease between Tenant and <br />Landlord for Tenant's occupancy of the Replacement Structure, City agrees to process an <br />initial payment to Tenant in the amount of SIX THOUSAND SEVEN HUNDRED <br />THIRTY SIX AND 50/100 DOLLARS ($6,736.50) and to Landlord in the amount of <br />SEVENTEEN THOUSAND FOUR HUNDRED THIRTY SEVEN AND 50/100 <br />DOLLARS ($17,437.50). Tenant and Landlord shall first provide to City a copy of the <br />documents referenced in this Section before City is obligated to process payment(s) <br />hereunder. <br />Acquisition Settlement Agreement <br />Page 2 of 8 <br />Tenant's Initials Landlord's Initials / <br />