R2016-35 AUTHORIZING REAL ESTATE TRANSFER 130 North Franklin

Home Browse Search

Premises (with the exception of Library's Uade fixtures), broom clean and in good order and condi#ion;ordinary wear and tear excepted.Any damage cause;d to t1��Leased Premises by removal �f any property shall be promptly repaired by the Library at iis expense. l�. Salc and Transfer. Prior to any transfer c�r sale of the Library Building the City shall provide the Library with ninety(90)days' notice. If after such notice,the City transfers or sells the I.,ibrary Building to any person or enrity during the term of this Lease Agreernent including any renewal ternis, it agrees to relocate the Library under the following terms i. The City shatl bear all costs relating to the relocation of the Library and prav7sion of replacement space for the I,ibrary, including all acquisition and btuld-out costs of the replac.�ment space, all Library moving expenses, and all other reasonable expenses attributed to the relocation incurred by tlie Library. ii. The replacement space shall be reasanably similar to the then existing Leased Premises in terms uf tocation,size, layouf,configuration and access to parking. iii. The Library shall have the right to reasonably consent to the I�c;atiun, size, tayout, and configuratzon of the replacement space and parking area. The Library shail not unreasonably withhold its consent. iv. Relocation of the Library shall not result in the Library being closed tc+ the pubtie for a period in excess af foucteen (14) business days unless the reason for the closing are for circumstances outside the control of the parties including, but not limited tc�, Acts of God, natural disastcrs, work stoppages, materials shortage and other extraordinary occurrences. I. Destruction. In case of damage by fire or ather casualty to the Leasf:d Prcmises wiehout fault or neglibence af the Lit�rary, its agents, officers or employees, if the damage is s�extensi�>e