HomeMy WebLinkAboutLease WAG-05-001
LEASE
This Lease is made and entered into this 44 day of January, 2005, by and between the
City of Renton("City"), a municipal corporation, and Vision House("Tenant").
1. LEASE: The City does hereby lease to Tenant that certain real property legally
described in Exhibit "A", attached hereto and incorporated by reference as if fully set forth.
2. TERM: This Lease shall be for an initial term of three (3) years from the date of
signing, unless otherwise terminated pursuant to the termination section of this Lease. After the
initial three (3) year term of this Lease, it shall be automatically renewed for additional one (1)
year period of time, unless notice of termination is given by the City or the Tenant, pursuant to
the termination section of this Lease, such notice given at least sixty(60) days prior to the end of
the term of this.Lease.
3. LEASE PAYMENTS: Tenant shall pay unto the City of Renton, as lease
payment, the sum of one dollar($1.00)per year,plus any leasehold tax. Payment is due on the
first day of the year, in advance. Lease payments for extended terms shall be negotiated upon
extension of the lease term.
4. DUTIES OF TENANT: There are substantial tenant improvements that are
necessary which will be equivalent to the value of the normal amount of rent. Tenant is
responsible for all construction-related costs to make the house safe and suitable for its use.
Tenant hereby agrees to comply with all a pp licable building and zoning codes. Tenant is
responsible for all normal repairs, normal maintenance, and utility costs.
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•LAG-05-001
5. DUTIES OF CITY: Major maintenance and repairs (i.e. building mechanical
systems, foundation, structural problems)that are not the result of abuse, waste or neglect of
Tenant, are the responsibility of the City.
6. TERMINATION:
A. Voluntary by Tenant: Tenant may terminate this Lease, after its initial
three (3) year term,by giving the City sixty(60) days notice prior to the
termination date. Tenant shall also have the right to terminate this tenancy
upon any extended term, by giving notice of intent to terminate the
tenancy at least sixty(60) days prior to the end of any extended term.
B. Voluntary by City: The City may terminate this Lease:
i. By the giving of sixty(60) days notice of intent to terminate the
Lease before the expiration of the initial three (3) year term, or any
extended term.
ii. If the repair costs of any major maintenance or repair project as
detailed in paragraph 5 of this lease, exceed two thousand dollars
($2,000.00) from a singular incident.
7. RIGHT OF INSPECTION. Tenant will allow the City, or the City's agent, free
access at all reasonable times to the premises for the purpose of inspection, or of making repairs,
additions or alterations to the premises, or any property owned by or under the control of the City.
The City will give Tenant notice at least twenty-four(24)hours before accessing the property.
8. INSURANCE AND HOLD HARMLESS: Tenant shall agree to hold the City
harmless from any and all claims, causes of action, damages or harm otherwise caused by his
occupation of the premises, including attorney's fees, and shall hold the City harmless from any
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WAG-05-001
Exhibit"A"
Real propcity in the County of IGng,State of Washington,described as fellows:
Parcel A:
The North Half of the Northwest Quarter of the Northwest Quarter of the Northwest Quarter of Section
32,Township"23 North, Range 5 east,W.M.,in IGng County,Washington.
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0 0 LAG-05-001
injury to his person or property that is placed on or allowed to go upon the property, unless
caused by the negligence of the City. Tenant shall maintain liability insurance in the amount of
not less than one million dollars ($1,000,000.00), naming the City as an additional insured for
any damages, claims, cause of action or other actions caused by the use of the property.
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DATED: January4 4, 2005.
ATTEST: CITY OF RENTON:
V12t.2 (it/G�� By: k ��'�C
Bonnie I. Walton, City Clerk Xatfq Keolker-Wheeler, Mayor
TENANT:
VISION HOUSE:
By:
Susan Camerer, Executive Director
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