Laserfiche WebLink
, _ � <br /> ` LEASE <br /> THIS LEASE made and entered into by and between The City of <br /> Decatur, Illinois, a Municipal Corporation (��City") and HERITAGE <br /> BEHAVIORAL HEALTH CENTER, INC. , and Illinois Not-For-Profit <br /> Corporation, (��HBHC") . <br /> WITNESSETH <br /> 1 . Premises . The City does hereby demise and lease to HBHC <br /> the following described premises : <br /> 75 Parking Spaces in Parking Garage C located <br /> in the 100 Block of South Franklin Street, <br /> Decatur, Illinois . <br /> 2 . Term. The term of this Lease shall commence on December <br /> l, 2002, and shall terminate on November 30, 2007, except as may be <br /> earlier terminated by the provisions of this Lease; provided that, <br /> HBHC shall have the right to renew this Lease . <br /> 3 . Automatic Renewal . Except as may be earlier terminated <br /> by the provisions of this lease; this lease will automatically <br /> renew for five (5) years on December 1, 2007, on the same <br /> conditions as are contained herein, except where expressly noted <br /> otherwise. There shall be an additional (4) such automatic five <br /> (5) year renewals thereafter, provided that the lease is <br /> continually in existence and HBHC is not in default under any of <br /> the provisions herein. It is anticipated by the parties that the <br /> initial term together with the automatic renewals, this lease may <br /> continue to be in existence until November 30, 2032 . HBHC may stop _ <br /> the automatic renewals, however, by giving notice thereof not less <br />