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R2016-32 AUTHORIZING REAL ESTATE LEASE AGREEMENT Wabash Crossing Redevelopment
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R2016-32 AUTHORIZING REAL ESTATE LEASE AGREEMENT Wabash Crossing Redevelopment
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4/19/2016 8:37:45 AM
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4/19/2016 8:37:44 AM
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Resolution/Ordinance
Res Ord Num
R2016-32
Res Ord Title
AUTHORIZING REAL ESTATE LEASE AGREEMENT FOR PROPERTY LOCATED IN THE 200-300 BLOCKS OF EAST CENTRAL AVENUE IN THE WABASH CROSSING REDEVELOPMENT AREA
Approved Date
3/21/2016
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LEASE AGREEMENT <br /> THIS LEASE AGREEMENT made and entered into by the CITY OF <br /> DECATUR, ILLINOIS, a municipal corporation, (the "Lessor") and CROSSING <br /> HEALTHCARE, an Illinois not-for-profit Corporation AND in good standing currently <br /> located at 320 Central Avenue Decatur, Illinois ("Lessee"), <br /> WITNESSETH: <br /> l. Premises. The Lessor does hereby demise and lease to Lessee the <br /> following legally described real estate ("Premises") situated in Macon County, Illinois: <br /> Lots Twenty-Six (26) thru Seventeen (17) all in Block One (1) of <br /> Durfee, Warren and Co.'s 1S`Addition as per Plat recorded in Book <br /> 50, Page 366 of the Records in the Recorder's Office of Macon <br /> County, Illinois. Situated in Macon County, Illinois. <br /> 2. Lease Price. The lease price for the premises is $1 per year and other <br /> good and valuable consideration to be paid to Lessor upon execution of this lease and <br /> annually on or before the anniversary of the effective date of this lease agreement. <br /> 3. Use. The Premises shall be used and occupied by Lessee solely as a <br /> garden in support of the Crossing Healthcare/Good Samaritan garden and prescription <br /> program to improve accessibility to fresh produce to patients and community members <br /> and for no other purpose whatsoever without the prior written consent of the City. <br /> 4. Term. The term of this Lease shall be from March 21, 2016 through <br /> March 21, 2017. Said term may be renewed for one additional year term upon written <br /> agreement between lessor and lessee. <br /> 5. No Representations. Lessor makes no representations, warranties or <br /> guarantees of any kind concerning the property, its condition, or its suitability for <br /> Lessee's proposed use, whether express or implied, oral or written. Lessee acknowledges <br /> the Premises are to be leased"as is", subject to all patent and latent faults and defects, <br /> whether discovered or not, with no representations from Lessor, and based solely on <br /> Lessee's inspection, testing, and investigation of the Premises. <br />
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