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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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SECTIOP� lE . RESIDUl`-.L P,IGH'�'S 0£ TE:I�PITS LTPON DESTRTJCT�CN E�' <br /> ' rFIrE CR OTHER C�SUALTI': In the event of destructicn of premises <br /> . hY fire or otr.er casualtr ai:d failure of Landlcrd tc notify <br /> Tenant within ninety ( 90) days thereafter caujes sucY: rebuilding <br /> to cammence within one hundred twenty ( 12Q} duys of s�.id five or <br /> other casualty an3 to diligently pursue completion thereof , <br /> Landlord Jhall imrnediately pay to Tenant a sum computed as fol- <br /> lo•v�s : <br /> � <br /> 1�0 mor.ths of <br /> tenancy transpired 240000 .00 <br /> from original occupancy insurance proc2eds <br /> X X available from the <br /> loss <br /> 1°0 total initial <br /> ccst of Phoeni�. <br /> center <br /> � <br /> Pac�e 7 of � <br />
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