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R2018-19 Authorizing Real Estate Lease Agreement for Property Located in the 200 - 500 Blocks of East Central Avenue
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R2018-19 Authorizing Real Estate Lease Agreement for Property Located in the 200 - 500 Blocks of East Central Avenue
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3/6/2018 4:53:07 PM
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3/6/2018 4:53:04 PM
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Resolution/Ordinance
Res Ord Num
R2018-19
Res Ord Title
Authorizing Real Estate Lease Agreement for Property Located in the 200 - 500 Blocks of East Central AVenue in the Wabash Crossing Redevelopment Area
Department
City Manager
Approved Date
2/20/2018
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cancellation or substantive change of any insurance policy set out above, and failure to do <br /> so shall be construed to be a breach of the lease. The Certificate shall specifically state <br /> that(1)the insurance certified therein contains contractual liability coverage for the <br /> indemnity agreement contained in this agreement, subject to the terms,conditions and <br /> exclusions of the policy, and(2)the City of Decatur,Illinois is named as an additional <br /> insured on the comprehensive general liability and property damage insurance described <br /> above. The name and address of the Certificate holder shall be stated as follows: The <br /> City of Decatur, Illinois, a municipal corporation, One Gary K.Anderson Plaza,Decatur, <br /> IL 62523. The City reserves the right at any time to require a copy of the entire policy <br /> or policies. Failure to provide satisfactory Certificates showing the required insurance <br /> shall be cause for the City to terminate any rights of Lessee under this Lease by verbal <br /> notice alone to Lessee, or its agent. <br /> 12. Assignment. Lessee shall not assign this Lease nor sublet the Premises <br /> nor any part thereof. <br /> 13. Miscellaneous. <br /> (a) This lease shall be void if not fully executed within thirty(30) days <br /> following approval by the Decatur City Council. <br /> (b) Any notice which either party may be required to give hereunder <br /> or which either party is permitted or may desire to give to the other parry shall be in <br /> writing and given either personally or by mailing the same by registered or certified mail, <br /> return receipt requested,to the party to whom notice is directed at the address of such <br /> party as follows: <br /> Lessor: City of Decatur <br /> #1 Gary K.Anderson Plaza <br /> Decatur,IL 62523 <br /> Attn: Ray Lai,Economic&Community Development <br /> Director <br /> Lessee: Tanya Andricks <br /> Executive Director, Crossing Healthcare <br /> 320 Central Avenue <br /> Decatur,IL 62521 <br />
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