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20C - AA - OC FLOOD CNTRL LEASE 17TH
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11/17/2008
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20C - AA - OC FLOOD CNTRL LEASE 17TH
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Last modified
1/3/2012 4:26:39 PM
Creation date
11/10/2008 4:45:17 PM
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City Clerk
Doc Type
Agenda Packet
Item #
20C
Date
11/17/2008
Destruction Year
2013
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E. Loss 1'ayec;: "It is further agre4cl that. if prnpct•ty insut~azzcc is included ozz the attached certificate, the <br />{~rKtrzge County Itlond Control District shall be the loss payee on this policy. (boss I ayes Endorscmet~t <br />required for Pz°ol~crty•) <br />-I'Ill~i 1,1.!l~E 51-IAI,I, Al !'i ()alt\'I'lt't~l,l.Y 'l'1?RVtIN,r1'1'1; A`f` `I`f Il SAI+~IE "1'Ilull~;'1'I;NAN`i"5 <br />INSt~f2ANCE C'C?'vE12ACiE IS'1'I~RI~IfNA'I'11). If' WITHIN ltt DAYS AF'I'lR T"ERMINA"I'l()N <br />I.1N171;I2'T`NIS t'I.At;~SI, 'I'1?NAN7' lJB"FANS AND 1'RC}~'II~F~S EtfIDENCI C3E TIIE I~EQI1[f2ED <br />IN~S17Rt~NCI~: C"C7'~f ;It~AG~ ACC'~1'"1'A13.,E '['O DIRfC;'t'C7R, THIS [~~ASI~i Mr'~~' 131/ I2fINS"1"ATI~I), <br />A"I" "l-HI S()I,E DISC"121:;`1"ION ~JF I)IRECT{3R. I:f' R1lNSTATID, 'I'tNAN'I° Sf IA_f.1:1't\Y S2()t) `I'() <br />C`C~VI:.R TI II"~ F'T2DC:I1SSllslC COSTS 1NC'URREL~ BY DISTRIC'T'. <br />`T`ENANT agres that -I'IN~\NT sha11 not nls~rat~ on thG 1'rcznises at any time ths:, required. instrance is nest. in <br />full force; and effect as evidenced by a cc;rtifcate nr official binder being in the possession of Director. to ztn <br />cases shall ;rssttrances by "I`I:NAN'T', its employees, agents, including atzy insurance agent, lae cnnstruecT as <br />adequate evidence of izasur~uzce. `I'1:NAN't' also agrees that ttpozt caricellatioz~, tcnninatinn, or expiration of <br />`1'f;~iA~t"l:"`~ :rzsucance., that.7lS'l"f~ICry1' may take tivhateve;r steps are zzecc;ssary to izzterrupt any nperatian <br />from. or nn the Premises until such tinge as the l:easc is reinstated by the Director. <br />"1'T?1~vANT fitrthcr agrees to hold DISTRICT harmless for atzy c}amales resultnb i•nm strch intcmt~tinn ni. <br />business including but not limited to damages res~zzlting from any loss of itic~omc or business resulting frorzl <br />T:)ISTRIC.`T'S action. <br />I)irectnr expressly retains the right to require TENANT to inr;reasc or decrease insurance nf`any of the <br />above insurance types thrc,zzghc~tzt. the tcrrn ofths l,ctzsc.. Aziy incre;.tsG or decrease in insurance 4viil be <br />t{ee;rne~ci by County of {~rangc Risk vlanager as apprtapriate to adequately protect DIS"I'12IC"I'. <br />Director shall nntzfy "I'ENr1N`I` in w~ritiztg nfchanges in the insurance requiremelits. If"I~ENAN1` does zzot <br />deposit copies of acceptabb certificates afinsurance azzd endorsements with f7ISI'RICT incorporating strch <br />chazzges within thirty days ofreceipt of such notice, this Lease Agreement maybe izz breach without further <br />notice to "I'E?'~AN'I`, and DIS'T':RC'C shall be entitled to all. legal remedies. <br />`T'he procuring of such. required policy nr policies nf'insur<zncc shall not be cnnsU-tzed to limit "I'INAN"I•'S <br />liability hereunder nor to fulfill the indemryification azxl lznld harmicss provisions and requiremetzts. <br />"I'EN,~N't' liability is limited to the availability nfthe insurance: in the marketplace trt the time the: I~etzse is <br />execubd by D1STT21(.""I'. <br />Ih. :155[GNIN(, SUBLETTING, ANll IJ'NC'lJllri~3F.Rl<NC; PI2OI3IBI`I'EI3 (I ~91:7.aS) <br />Any rnnrtgage, pledge, hypothccatinn, encumbrance, transfer, sublease, subbase amendment, nr <br />assignment tlzereinstler in this clause referred to collectively as "Etzcumbrance") of'I'l1NAN'f'S interest in <br />the I~reznises, or arty Bart or portion thereof, is prnltibited. Any attempted Enctzmf~rance skull be null and <br />void and shall confer nn right, title, nr interest in or to this Lease, <br />If the'1°I~,NAN'I' Tzeretrnder is a cnrt~oratiozz or an unincotpnratecf association nr partnership, the <br />FIZCrznzbrancr; of azly stuck nr interest ire said coc-t~nratinn, asscrciatien, or partnership in the aggregate <br />exceeding t~v:rnty-five percent (35~'jo) shall be deemed an assignment within the meaning of this clause. <br />ti:Frt€a .'Ina 12it`i r C'I airee': (E ii I -12 € Sj?} <br />I''°`"~ Strest "I'r+.asa3;~E4 f.~wse {E21 1' Ii1.2').64~t}K.) •] <br />20C-11 <br />
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