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Last modified
7/17/2007 2:22:53 PM
Creation date
8/3/2005 10:53:14 AM
Metadata
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Template:
Planning Files
Planning Files - Planning File #
3411
Planning Files - Type
Conditional Use Permit
Address
1900 Prior Avenue
Project Name
Synergy Motor Car Company
Applicant
Synergy Motor Car Company
Status
Approved
Date Final City Council Action
7/29/2002
Planning Files - Resolution #
10014
Additional Information
6-10 vehicle outdoor display area in parking lot
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<br />Months 37 through 48 <br />Months 49 through 60 <br /> <br />$3,055.00 per month <br />$3,140.00 per month <br /> <br />3.0 ADDITIONAL RENT: <br /> <br />Tenant shall reimburse to Landlord monthly, throughout the Term of Lease and any extension ofthis <br />Lease, the following Additional Rent: <br /> <br />Common Area Maintenance (CAM) expenses, Real Estate Taxes/Assessments, any Utilities not paid <br />directly by Tenant, and any Miscellaneous Charges or Reimbursements. <br /> <br />Landlord may estimate annual CAM and Real Estate Taxes/Assessments expenses as a basis for <br />reimbursement for any calendar year and invoice in monthly installments (see Exhibit C). During the <br />Term of Lease and/or any extension of this Lease, Landlord, within 120 days of each calendar year end, <br />will provide to Tenant a written statement of actual CAM and Real Estate Taxes/Assessments expenses. <br />If Tenant has underpaid its share of any of these expenses, at Landlord's election, Tenant shall <br />reimburse Landlord as invoiced. If Tenant has overpaid its share of any of these expenses, Landlord will <br />credit such amount against the most current monthly invoice. If the Term of Lease is less than one <br />calendar year any reimbursement(s) will be prorated based on time of occupancy for such year. Upon <br />prior written notice to Landlord, Tenant shall have the opportunity to audit the actual CAM and Real <br />Estate Taxes/Assessments expenses statement for a period of 90 days upon receipt of said statement. <br />Tenant waives its right to audit the actual CAM and Real Estate Taxes/Assessments expenses upon its <br />failure to exercise such right during said 90 day period. <br /> <br />Tenant's share of all Additional Rent will be determined by the Tenant's leased share (Demised <br />Premises) of the total building square footage along with Tenant's proportionate share of any rooms <br />considered common area to the building (expenses will be calculated on an annual basis divided by <br />building square footage to obtain an annual cost per square foot.) <br /> <br />Landlord, at its election, may invoice for reimbursement(s) of any Utility usage not paid directly by <br />Tenant. <br /> <br />3.1 COMMON AREA MAINTENANCE EXPENSES (CAM): <br /> <br />Common Area Maintenance (CAM) shall include but not be limited to maintenance, repair, <br />replacement and care of all lighting, plumbing, roofs, parking surfaces, landscaped areas, signs, <br />snow removal, non-structural repair and maintenance of the exterior of the Building, costs of <br />equipment purchased and used for such purposes, cleaning and cleaning supplies for the common <br />areas, insurance premiums, management fee based upon gross collected rents, wages and fringe <br />benefits of personnel employed for such work. Additionally, during the term of this Lease, any <br />extension and/or renewal ofthis Lease, CAM expenses shall include the annual cost or portion <br />allocable to the Building of any capital improvements made to the Building by Landlord which <br />result in a reduction of expenses or required under any governmental law or regulation that was <br />not applicable at the time it was constructed. Landlord may elect to amortize such costs over a <br />reasonable time period and at a reasonable rate of interest. <br /> <br />3.2 REAL ESTATE TAXES AND ASSESSMENTS: <br /> <br />Real Estate Taxes and Assessments shall mean all Real Estate Taxes, all assessments and any <br />taxes in lieu thereof payable on each calendar year, which may be levied upon or assessed against <br />the Building. Any tax year commencing during any lease year shall be deemed to correspond to <br />such lease year. In the event the taxing authorities additionally include in such real estate and <br /> <br />Lease - Synergy Motor 6-4-02 <br />06/06/02-3:08 PM <br /> <br />2 <br />
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