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R91-149 RATIFYING EXECUTION OF LEASE - DECATUR-MACON COUNTY OPPORTUNITIES CORPORATION
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R91-149 RATIFYING EXECUTION OF LEASE - DECATUR-MACON COUNTY OPPORTUNITIES CORPORATION
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7/25/2016 2:00:01 PM
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7/25/2016 2:00:00 PM
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Resolution/Ordinance
Res Ord Num
R91-149
Res Ord Title
RATIFYING EXECUTION OF LEASE - DECATUR-MACON COUNTY OPPORTUNITIES CORPORATION
Approved Date
10/21/1991
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. . , r�_ <br /> L E A 5 E <br /> ►ST ,�v,�f. <br /> THIS AGREEP4ET3T is �rade this �'� da� �f ��' , <br /> 19 91 , b2tw2en the CITY OF DECATUR, ILLI:IOIS , a municiFal cor- <br /> poration, hereinafter call�d "Landlcrd" and DECATUR-MnCON COLTNT�' <br /> OPPORTUP7ITIES CORPORATIOPJ, a general not-fcr-profit corporatior. , <br /> hereinafter called "Tenant" . <br /> � <br /> SECTI0:1 1 . PP.E?dIS£S LEAuED, PRIPiAR`I TERM: L�ndlor� Zeases <br /> t:, Tenant a portion of a one and tv.o-story building, said <br /> porticn' s s�re�t address being 1122 East P-sarietta, Decatur, I1- <br /> linais , containing approximately 9 , 216 sq. fe2t , partiticned sub- <br /> stantially as provided ir. Bewitt Amdal Hall Livergood floor <br /> pl�.is , of 19°9 as revised, plus a cc�r�munity room, storage area , <br /> batrrcams ,:and a certrul Y,itchen area toqether wit.� use in commcn <br /> •,�aitl: other buiZding tenants of the areus as described in Section <br /> Tlzree hereof . f*� lled "Premises" ) . T11E prcperty is <br /> (t,e�einu ,.Fr ca <br /> legully described as fcllaws : <br /> Lots 11 thrcugh 2Q , Elo�}� 19 of Carv2r' s Additicn of <br /> EloCks 1° 20 22 23 24 , 25 ulld 26 B�ok T pag2 23° <br /> , , . , . , <br /> fcr a term ccm:nencin� on 3ur.e 1 , 1991 , and concZuding on the <br /> 30th day af �4ay, 2001 , unless e�ctended uccarding to the terms <br /> of an aptior. as prcvided in Section 1z . <br /> SECTION 2 . REP�TAL COPISIDERATICN: It is agreed that <br /> Premises contain 9 , 216 square fee� and that the fair market value ' <br /> fcr rer�tal of such space u� equipPe3, is �4 . 50 per square foot <br /> per y8li, SO tlilt the iT1TtUu1 rental value O� premlS2S 1S w�l , g�� <br /> Page 1 of ° <br />
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