R92-198 AUTHORIZING CITY MANAGER TO EXECUTE LEASES

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. . , ,: R � a� �� , LEASE AGREEMENT THIS AGREEMENT, made this � day of January, 1993, between the City of Decatur, an Illinois municipal corporation, (hereinafter referred to as "Landlord" ) and the Decatur Celebration, Inc. , an Illinois not-for-profit corporation (hereinafter referred to as "Tenant" ) . Landlord does hereby lease to the Tenant the space as presently constituted known as Suite 203 located at 142 East Prairie Avenue, Decatur, Macon County, Illinois (hereinafter referred to as "Space" ) , to be used by Tenant for office purposes . Such Space constitutes approximately 3,790 square feet. The Tenant shall have the right of occupancy of said premises beginning on February 1, 1993, and e�ding on the last day of January, 1996, such period being a term of thirty-six (36) months. Further, Tenant shall have the use of a display window located on the first floor of the building at or near the southwest corner of said building for such display as Tenant may utilize for its purposes as long as the first floor of the premises remains unoccupied. Any tenant or owner of the first floor shall have use of said display window during such occupancy of the first floor space. Tenant agrees to pay as rent for said space the sum of Twenty- ' Ei ht Thou g sand Eight Hundred Dollars $28,800.00 , a able in � ) P Y advance on the first day of each month, in payments of Eight Hundred Dollars ($800.00) per month. Such payments are to be made payable to the City of Decatur at the city offices at #1 Civic Center Plaza, Decatur, Illinois . Further, Tenant is to make payment - of the first month's rental upon execution of this Lease. Beginning on March 1, 1993, and each month thereafter, Tenant shall pay Landlord the rental installments. Tenant agrees to take the Space in an "as is" condition and to make minor repairs. However, after initial occupancy of the Space, Landlord shall make all necessary repairs, except when such repairs are caused by Tenant's neglect. Tenant shall make the Space reasonably available to Landlord to permit repairs and maintenance. Landlord, without limitation, is specifically responsible for all repairs to the heating, cooling, and plumbing system, as well as all structural, roof and window repairs. Since the Space does not contain a restroom, Landlord shall maintain and provide janitorial services for restrooms for both genders within the building for use by Tenant and Tenant's agents and invitees at all times . Tenant shall be responsible for the cleaning of the Space. And the Tenant covenants with the Landlord that at the expiration of the term of this Lease, Tenant will yield up the premises to the Landlord without further notice in as good condition as when the same were entered upon by the Tenant, loss by ordinary wear excepted. Landlord shall be responsible for all utility expenses, except as otherwise expressly provided herein.