Agenda - Council - 10/11/2011 - Laserfiche WebLink

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d. Rent for the term of November 1, 2014 through October 31, 2015, shall be $2,344.00 /month. All rent shall be payable on the first day of each month during the lease term. If LESSOR does not receive the rent by the fifth day of the month, LESSEE must pay a late fee equal to five percent (5 %) of the overdue rent payment as additional rent if requested in writing by LESSOR. Rent is "paid" when LESSOR receives it, not when mailed or sent by LESSEE. The rent described in this paragraph 5. is hereafter referenced as the "Fixed Rent ". 6. Additional Rent. In addition to the Fixed Rent, the LESSEE covenants and agrees to pay as additional rent all monies required to be paid by the LESSEE as set forth in the balance of this Lease. Specifically, but not by way of limitation, the reasonable value of any action taken or materials used by the LESSOR to correct or mitigate any violations of this Lease by the LESSEE shall be deemed additional rent and charged to the LESSEE, payable with the Fixed Rent payment. 7. Utilities. LESSEE shall pay water use for the Premises and all bills for natural gas, electricity, fuel, light, heat or power for the Premises or used by LESSEE in connection therewith. 8. Real Estate Taxes and Special Assessments. LESSOR shall be responsible for the payment of real estate taxes and special assessments during the term of the Lease. 9. Repair and Maintenance. LESSEE shall keep in good order and repair all glass, including plate glass, and the interior of the Premises, and, also, heating, sprinkler, water and electric fixtures in and upon the Premises, ordinary wear and tear excepted. LESSEE shall protect such systems against freezing and damage due to neglect of LESSEE, and LESSEE shall keep the abutting sidewalks and parking areas free of ice and snow. 3