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HomeMy WebLinkAboutStratford Company The LEASE AGREEMENT T IS GREEMENT, made and entered into this day of klIV , 2009, by and between THE STRATFORD COMPANY, a Washington limited liability company, hereinafter referred to as °Lessor" and THE CITY OF AUBURN, a Washington municipal corporation, hereinafter referred to as "Lessee", as follows , WITNESSETH: I Description: The Lessor, for and in consideration of the rentals hereinafter provided and the covenants and agreements hereinafter'contained, hereby demises, lets and leases unto the Lessee the premises situated at the , Northwest corner of the intersection of South Division Street and First Street Southwest (Lot 1), and at the Southeast corner of the intersection of West Main Street and A Street Southwest (Lot 2), both located within the city of Aubum, Washington, and legally described on Exhibit A attached hereto and incorporated herein by reference. 2 Use of Premises: The Lessee shall use the premises for the purpose of parking facilities for the employees, agents, representatives and invitees of the Lessee, and shall not use them for any other purpose without the written consent . of the Lessor, which consent shall not be unreasonably withheld. 3 Term: This lease term shall be for one year, commencing on the day of 17~r.en~, O✓ , 2009 (the "date of commencement") and maybe terminated by either party with 60 days written notice. , 4 Rent/Delinauent Payments: Lessee agrees to pay to Lessor at Lessor's address or such other place as Lessor may designate in writing, rent in the amount of ONE THOUSAND FIVE HUNDRED DOLLARS and NO/100 . ($1,500.00) per month, computed at 66 spaces times $22.73 per month. Rent shall be payable in advance, on the fifteenth day of each successive month. There shall be a$50.00 late fee for any rent not paid within fifteen days of its due date. This late fee shall be due and payable at the same time as the rent is paid. 5 Maintenance and Repairs Alterations and Additions: 5.1 Maintenance and Repairs: The Lessee shall be solely responsible for the maintaining of the premises in good repair. This obligation further provides ' for Lessee, at its sole expense, to maintain the premises in good condition, returning same to Lessor at the end of this lease in at least as good condition as presently exists. 5.2 Alterations and Additions: No alterations or additions to the premises shall be permitted by Lessee without the express written approval of Lessor. LEASE Page 1 Unless Lessor requires their removal, all alterations, additions, improvements and utility installations (whether or not such utility installation constitutes trade fixtures of Lessee), which may be made on the premises, shall at the expiration or earlier termination of the Lease become the property of Lessor and remain upon and be surrendered with the premises. Notwithstanding the provisions of this paragraph, personal property, machinery and equipment, other than that which is affixed to the premises so that it cannot be removed without material damage to the premises, shall remain the property of Lessee and may be removed by Lessee at any time during the term hereof. 6 Entrv bv Lessor: Lessor shall have the right at reasonable times, and with reasonable notice to Lessee in non-emergency situations, to enter the premises to inspect the same or to show the premises to prospective buyers, tenants or lenders. , 7 Liens: Lessee shall keep the premises free from any liens arising out of work performed, materials furnished or obligations incurred by Lessee and shall indemnify, hold harmless and defend Lessor from any liens and encumbrances arising out of any work performed or materials furnished by or at the direction of Lessee. 8 Condemnation: If any part of the premises are taken under the power of Eminent Domain, or sold under the threat of the exercise of said power, .this Lease shall terminate as of the date the condemning authority takes title or possession, whichever occurs first. In this event, all rights, interest and claims that the Lessee may have under this Lease are terminated and/or waived. 9 Assipnment of Subletting_ The Lessee shall not sublet or assign this Lease, title or any part thereof, without the prior written consent of the Lessor. This Lease shall not be assignable by operation of law. If consent is once given by the Lessor to the assignment of this Lease, or any interest therein, the Lessor shall not be barred from afterward refusing to consent to any further assignment of said premises. - - 10 Default and Re-Entrv: lf the Lessee shall fail to keep and perform any of the covenants and agreements herein contained, then the said Lessor may cancel this Lease upon giving the notice required by law, and re-enter said premises but notwithstanding such re-entry by Lessor, the liability of the Lessee for fhe rent provided for herein shall not be extinguished for the balance of the term of this Lease and the Lessee covenants and agrees to make good to the Lessor any deficiency arising from a re-entry and re-letting of the premises at a lesser rental than herein agreed LEASE Page 2 , 11 Miscelianeous: 11.1 Entire Agreement: This instrument along with any exhibits and attachments hereto constitutes the entire agreement of the parties relative to the premises and this Agreement and the exhibits and attachments may be attered, amended or revoked only by an instrument in writing signed by both Lessor and Lessee. Lessor and Lessee agree hereby that all prior or contemporaneous oral agreement relative to the leasing of the premises are merged in or revoked by this Agreement. Lessor and Lessee agree that the Agreement supersedes the Lease Agreement entered into between them on October 15, 2008. 11.2 Severabilitv: If any term or provision of this Lease shall to any extent be determined by a court of campetent jurisdiction to be invalid or unenforceable, the remainder of this Lease shall not be affected thereby and each term and provision of this Lease shall be valid and be enforceable to the fullest extent permitted by law. 11.3 Waiver: No covenant, term or condition or the breach thereof shall be deemed waived, except by written consent of the party against whom the waiver is claimed and any waiver or the breach of any covenant, term or condition shall not be deemed to be a waiver of any preceding or succeeding breach of the same or any other covenant, term or condition. Acceptance by Lessor of any performance by Lessee after the time the same shall have become due shall not constitute a waiver by Lessor of the breach or default of any covenant, term or condition unless otherwise expressly agreed to by Lessor in writing. 11.4 Surrender of Premises: The voluntary or other surrender af this Lease by Lessee, or a mutual cancellation thereof, shall not work a merger and shall, at the option of the Lessor, terminate alf or any existing subleases or subtenancies, or may, at the option of Lessor, operate as an assignment to it of any or all such subleases or subtenancies. 11.5 Recordinq: Lessee shall not record this Lease without the Less.or's " prior written consent and such recordation shall, at the option of Lessor, constitute a non-curable default of Lessee hereunder. Either party shall, upon request of the other, execute, acknowledge and deliver to the other a"short form" memorandum of this Lease for recording purposes. 11.6 Notices: All notices or demands of any kind required or desired to be given by Lessor or Lessee hereunder shall be in writing and shall be deemed delivered forty eight (48) hours after depositing the notice or demand in the United States Mail, certified or registered, postage prepaid, addressed to the Lessor or Lessee respectively at the addresses set forth after their signatures at the end of this Lease. LEASE Page 3 11.7 Hazardous Materials: Lessee shall not cause or permit any hazardous substances as defined below to be brought upon kept or used in or about the premises by Lessee, their agents, employees, contractors or invitees. Lessee shall comply with all federal, state and local laws ordinances, codes, regulations, orders and decrees as they now exist, or are hereafter amended, including all policies, interpretations, guidelines, directions or recommendations relating to industrial hygiene, environmental protection or the use, analysis, generation, manufacture, storage, presence, release, disposal or transportation of any petroleum products, flammable, explosives, asbestos, urea formaldehyde, polychlorinated biphenyls, radioactive materials or waste, or other hazardous, toxic, contaminating or polluting materials, substances or wastes, including any materials defined as "hazardous substances", "hazardous wastes", "hazardous materials", or "toxic substances" (collectively, "Hazardous Materials") under any such Hazardaus Materials Laws and amendments thereto. Tenant shall defend (with counsel reasonably acceptable to Lessor) and indemnify Lessor and Lessor's officers, directors, partners, managers, members, employees, agents, successors and assigns against any and all claims, liabilities, damages, costs, penalties, forfeitures, losses, obligations, investigation costs, remediation and removal costs, natural resource damages and expenses, including attorney's fees, arising in whole or in part, directly or indirectly, from (a) the presence or release of Hazardous materials in, on, under, upon or from the premises as a result of acts oromissions of Lessee or their employees, agents or invitees; (b) the transportation or disposal of Hazardous Materials to or from the . premises by at the request of or in with the permission of Lessee their " employees, agents, or invitees; (c) the violation of any Hazardous Materials Laws by Lessee, their employees or agents; (d) the failure of Lessee, their employees or agents to comply with the terms of this Section 14.8; or (e) the use, storage, generation or disposal of Hazardous Materials in on or about the premises. The , respective rights and obligations of Lessar and Lessee under this Section 14.8 shall survive the expiration of earlier termination of this Lease. 11.8 Lessee's Indemnification: Lessee shall defend (using legal counsel reasonably acceptable to Lessor) and indemnify Lessor, their agents, mortgagees and employees from any claims, expenses, including attorneys fees, or damages of any kind arising in connection with the occupancy or use of the prernises by Lessee their agents, customers, employees, contractors, subtenants or assignees; the Lessee's breach of their obligations under this Lease; or any ' negligent or wrongful act or omission of Lessee, their agents, customers, employees, contractors, subtenants or assigns. The provisions of this Section 14.8 shall survive expiration or termination of this Lease and shall include all claims against Lessor by any employee or former employee of Lessee. Lessor and Lessee have specifically negotiated and Lessee specifically waives any provisions of any industrial insurance act including, Title 51 of the Revised Code LEASE Page 4 of Washington, or any other employee benefit- act which might otherwise operate to release or immunize Lessee from their obligations under this Section 14.8. 11.9 Lessor's Indemnification: Lessor shall defend (using legal counsel reasonably acceptable to Lessee) and indemnify Lessee, their agents and employees from any claims, expenses, including attorneys fees, or damages of any kind arising in connection with any breach by Lessor of their obligations under this Lease and any grossly negligent or wrongful act or omission of Lessor, their agents, customers, employees or contractors. The provisions of this . Section 14.9 shall survive expiration or termination of this Lease and shall include, but not be limited to, all claims against Lessee by any employee or former.employee of Lessor. Lessor and Lessee have specifically negotiated arid Lessor specifically waives any provisions of any industrial insurance act, including Title 51 of the Revised Code of Washington, or any other employee benefit act which might otherwise operate to release or immunize Lessor from , their obligations under this Section 14.9. 11.10 Attornev's Fees and Costs: Upon any litigation or other proceeding between the parties hereto, declaratory or otherwise, arising out of this Lease, the prevailing party shall recover from the non-prevailing party all costs, damages, and expenses, including reasonable attorneys, paralegals, clerical and consultants fees, and charges actually expended or incurred in connection therewith, incfuding for appeals or any bankruptcy proceeding (collectively "Attorneys' Fees"). In addition, if Lessor engages counsel to enforce the terms of this Lease, including for the purpose of preparing a delinquency notice, Lessee shall be required to reimburse Lessor for all reasonable attorneys fees' incurred before the subject default is considered cured. 11.11 Binding Effect: The covenants and agreements of this Lease andlor any extension thereof, shall -be binding upon the heirs, executors, administrators, successors and assigns of all parties herein except as hereinabove provided. 11.12 Time: Time is of the essence of this Lease. 11.13 Signs: Lessee may, at its sole cost, erect signs upon the premises provided that such sign or signs (a) do not cause any structural or other darnage to the building; (b) do not violate applicable governmental laws, ordinances, rules or regulations; (c) do not violate any existing restrictions affecting the premises; and (e) are approved in advance by Lessor. 11.14 Governinq Law: This Lease shall be governed by and its terms and conditions construed in accordance with the laws of the State of Washington. LEASE Page 5 EXECUTED by the parties on the date and year first above written. ESSO 6y: itle: vtiq ric~ ~ e✓ Address PO & 33657 SeO l~ ~ W./a 98( 33 By: Title: {Yl Address z~ A 5-t- -~~.1~t,~.~~ koo 1 . STATE OF \^/A , ) ss COUNTY OF Y-1 N Ca ) I certify i have know or have satisfactory evidence that A,~r9e webb is the person who appeared before me, and acknowledged that he/she signed this instrument and on oath stated that he/she was authorized to execute the instrument (as the 1'V1 QKa..a; er of ALA,bu.rn Cii±,] and acknowledged it to be [his/her/that party's] free and voluntary act for the uses and purpose entioned in the instrument. Dated 1(~doq ~ NotaryPubli~ti •.~~st~ . ~of Washington : Residing at 'k My appoint~enf . : . ~OV STATE OF WASHINGTON 9~•~s,BL } ss ~ o~ v F~~ ~ COUNTY OF KING WASN011 ...a~~ I certify I have know or have satisfactory evidence that Peter B. Lewis is the person who appeared before me, and acknowledged that he/she signed this instrument and on oath stated that he/she was authorized to execute the instrument as the Mayor of the City of Aubum, and acknowledged it to be the free and voluntary act of the City of Auburn, Grantor herein, for the uses and pur oses mentioned in the instrument. Dated E 1-.~j-,No~ary Public in and forthg State f Washingtan Ss►a,~''~~,.~te5i0ing at Lh ttl~a- ~ ppointment expires ; 1.EASE Ffage 6 '+y/~ j4.~:',~-,1.1~ . ,''i'~~'►~1tt~~.i~~~.VA I EXHIBIT A LEGAL DESCRIPTION OF CITY OF AUBURN PROPERTIES Location 1: Assessor's PropertyTax Parcel Number 7815700135 Legal Description: LOTS 7 AND 8, BLOCK 2, TOWN OF SLAUGHTER, ACCORDING TO THE PLAT THEREOF RECORDED IN VOLUME 2 OF PLATS, AT PAGE 56, RECORDS OF KING COUNTY, WASHINGTON, . TOGETHER WITH THAT PART OF THE VACATED ALLEY ADJACENT THERETO AND THAT INURES THERETO BY REASON.OF SUCH VACATION Location 2: Assessor's Property Tax Parcel Number 7815700115 Legal Description: LOT 4, BLOCK 2, TOWN OF SLAUGHTER, ACCORDING TO THE PLAT THEREOF RECORDED IN VOIUME 2 OF PLATS, AT PAGE 56, RECORDS OF KING COUNTY, WASHINGTON, EXCEPT THAT PORTION OF SAID LOT 4 LYING EAST OF THE FOLLOWING DESCRIBED LINE: BEGINNING AT A POINT ON THE NORTH LINE OF SAtD LOT 4, A DISTANCE OF 58.02 FEET EAST OF THE NORTHWEST CORNER THEREOF; THENCE SOUTH TO A POINT ON THE SOUTH LINE OF SAID LOT 4, A DISTANCE OF 0.6 FEET WEST OF THE SOUTHEAST CORNER THEREOF. . TOGETHER WITH THAT PART OF THE VACATED ALLEY ADJACENT THERETO AND THAT INURES THERETO BY REASON OF SUCH VACATION. LEASE Page 7