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HomeMy WebLinkAboutHeartland Vineyard Church - Lease Agreement - 3/6/2006 LEASE This Lease Agreement is made and entered into this to day of kKca vc-(-. 2006, by and between the City of Waterloo, Iowa(Lessor), a duly organized municipal corporation in the State of Iowa and whose address for purposes of this Agreement is 715 Mulberry Street, Waterloo, Iowa, 50703, and Ht&vA-1M�0( b,uty.,,d C-6.Aessee) whose address for purposes of this Lease Agreement is 722 S o,.;tL, H«.ire+{�, u krion , in consideration of the mutual covenants and promises contained in this Agreement, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged. 1. Subiect Property. Lessor leases to Lessee the following legally described property: 303 Jefferson Street, Waterloo, Iowa also legally described as: ORIGINAL PLAT WATERLOO WEST LOT 6 BLOCK 5 LOT 7 BLOCK 5 LOT 8 BLOCK 5, CITY OF WATERLOO, BACK HAWK COUNTY, IOWA. 2. Use of'Premises. Lessee shall be entitled to use the leasehold premises for purposes. Lessee shall not, however, use or allow the use, storage, or presence on the leasehold any hazardous substance as defined in Iowa Code §455B.381(5) (2001) and any amendments thereto or federal law. Any hazardous substance which contaminates the leasehold shall be the sole responsibility of Lessee regardless of the timeframe in which the hazardous substance is discovered. 3. Term of Lease. This Lease shall commence on the ZSR` day ofyKavv—t-. 2006, and expire at the end of one month thereafter. If agreed by both parties, the lease shall continue on a monthly basis thereafter. 4. Termination. The lease shall end June 30, 2006. No written notification by Landlord shall be required. 5. Rent. By the first day of each month, Lessee agrees to pay Lessor Five Hundred Dollars ($500.00)per month, for the right to lease the subject property. If the lease is terminated during a month with remaining days for which the rent is paid, the Lessor shall pay the Lessee $16.00 per day for the remaining days in that month. 6. Utilities. Lessee shall be solely responsible for its own utilities, including the separate metering, billing, and payment of utility services consumed by Lessee's operations. 7. Taxes. Lessee shall pay all personal property taxes owed as may be determined by Black Hawk County. 8. Repairs. Lessee shall be solely responsible for all repairs, alterations, or modifications to the leasehold. All alterations, modifications, or repairs shall be conducted in strict compliance with all applicable laws. 9. Insurance. Lessee shall maintain for the life of this Lease Agreement, in full force and effect, a policy of commercial general liability insurance with limits of not less than one million dollars and name Lessor as an additional insured under the policy. An insurance certificate shall be provided to Lessor's City Clerk within ten (10) days of the execution of this Lease Agreement. 10. Indemnification. Lessee shall indemnify and hold Lessor harmless from and against any loss, damage, or injury caused by or on behalf of or through the fault of Lessee, its employees or agents or anyone for whom Lessee may be liable as a result of Lessee's presence upon the leasehold. 11. Removal oflmprovements. The parties agree that any improvements to Lessee's personal property shall not be considered fixtures and Lessee at all times shall be authorized to remove the improvements from the leasehold. Upon the expiration or earlier termination of this Lease Agreement, Lessee shall, if requested by Lessor and at Lessee's sole expense, remove any above ground improvements from the leased premises. If Lessor does not notify Lessee that Lessee must remove the improvements, Lessee shall have the option of either removing or abandoning the improvements, and in any event Lessee shall be entitled to abandon all footings, foundations, and other below-ground improvements in place. 12. Binding Effect. All of the covenants, conditions, and provisions of this Lease Agreement shall inure to the benefit of and be binding upon the parties to this Agreement and their respective successors and assigns. 13. Entire Agreement. This Agreement constitutes the entire agreement between the parties and supercedes any prior understandings or oral or written agreements between the parties as to the within subject matter. 14. Modifications. This Lease may not be modified, except in writing signed by the party against whom the modification is sought to be enforced. 15. Attorney's Fees. In any action on this Lease Agreement, at law or in equity, the prevailing party shall be entitled to recover the reasonable costs of its successful case, including reasonable attorney's fees and costs of appeal. 16. Notices. Contact person for Lessee: Q&V#- f4ATtWA v % w -tw lu d tiu � G4..mL,, or .let FwA For Lessor: Donald Temeyer, Planning Director, 715 Mulberry Street, Waterloo, IA 50703 17. No Liens or Encumbrances. Lessee understands and agrees that it shall not allow any encumbrances including mechanic's liens to be placed on the leasehold, which is the subject of this Lease Agreement. In the event any encumbrances are placed on the leasehold as the result of Lessee's actions or omissions, Lessee shall, at its sole expense, immediately remove the encumbrance incurring all costs of the removal. CITY OF WATERLOO, IOWA By: Tim Hurley, Mr ATTEST: Nancy Eckert,Uy Clerk STATE OF IOWA ) s BLACK HAW C TY ) On tf- day of 2006, before me, the undersigned, a Notary Public in and for the State of Iowa, rsonally appeared Tim Hurley and Nancy Eckert, to me personally known, and who, being by me duly sworn, did say that they are the Mayor and City Clerk, respectively, of the City of Waterloo, Iowa; that the seal affixed to the foregoing instrument is the corporate seal of the corporation, and that the instrument was signed and sealed on behalf of the corporation by authority of its City Council as contained in the Resolution adopted by the City Council, under Council Action No. JA 3 10 `3 of the City Council on the ���' day of Ma r c 1 2006, and that Tim Hurley and Nancy Eckert acknowledged the execution of the instrument to be their volun ary act and deed and the voluntary act and deed of the corporation, by ' In t ily executed. Q11 Notary Public in and for the StaTewa LESSEE By: STATE OF IOWA ) ss. BLACK HAWK COUNTY ) On this day of 2006, before me, the undersigned, a Notary Public in and for the State of Iowa, personally appeared and , to me personally known, and who, being by me duly sworn, did say that they are the and , respectively, of said corporation executing the within and foregoing instrument, that (no seal has been procured by the said) (the seal affixed thereto is the seal of said) corporation; that said instrument was signed (and sealed) on behalf of said corporation by authority of its Board of Directors; and that the said and as such officers acknowledged the execution of said instrument to be the voluntary act and deed of said corporation, by it and by them voluntarily executed. Notary Public in and for the State of Iowa