Lease City Property/210 1st Avenue SWLEASE 'AGREEML•'NT FOR' TTY PROPERTY
WHEREAS, ttie City of Carmel ('hereinafter referred to, as
the
City) owns certain real prOPerty 'lo"cated at 1210 1St :Aven"ue
Carmel, 'Indiana which was formerly 'the city's Master :F'i're Station
(hereinafter referred to as'the S'tation-j; and
WHEREAS,, the City has ceased using the station for its fire
service,needsl; and,
WHERE;As,, there is: •a desire, on the, part of the membership of
the Carmel Fire Buffs and Fire Museum, on Ind'iana. Not-For-
Profit Corporation 'hereinaftter referred'to as the.,Buffs),, to
rehabilitate and use the station as a _facil'ity #.o ,resters;
maintain., exhibit and show •f ire equipment and memorab'i-lia, as a
museum, to the, public and others,;
NOW, THEREFpRE, in Consideration of the mutual cavenants,
cbn?
foI`?ows ns, and.pram ses C ntaineLd herein, the parties agree as
I., Term Of Lease.
A., The term of this lease shall, be for five years,
commencing the; jOth. day, of Dec
December,,-31 , 1991 and'termznatirig
, .19'96, unless otherwise exteneled as pro.vdeci hexein.
B. The parties may.,, by mutual consent, extend the term of
the lease in four (4) year increments, upon such terms and
conditions as are provided 'herein
them an or as may be negotiated betweand reduced to writing. and attached,hereto as an,addendum'to
this agreement„ The;parties'agree to•commence negotiations for
renewal at ieas.t one, y6ar before the ex'pirat'ion of 'the fiv
teen. e year
II• RENT AND coNSIDERATICN FOR US6 OF?THE STATION&
A. The Buffs.,agree- to pay to the City the sum of $L..00 (One
Dollar) pei year for the rental of the station, not •nclud11n4
utilities; maintenance-of the station,, the increase of insurance
costs•,if any, and. other related costs and expenses which the city
may experience as a result of this 'lease_ In,the event costs to
the city are increased due to .the:act:s oi; cmiss'ions of the BU£'ts,
the city shall be entitled to'recover -the same, as rent, a"fter
written notice of such expanse to the Puffs. These expenses may
be paid.in such manner as the parties deem, just..
S. The city agrees to lease to the Huffs the real property
and building located at 210 1st--Avenue S.Carmel;, 3ndEana, for
the term of tlUs lease-.
C. As further inducement and consideration to the city for,
the lease of-the station, the cuffs agree .to repair', rehabilitate
and mainta',in- the same during the term of the lease 'and return -tkao
station to the city in good condition, normal 'wear and tear
excepted. Any repalr,'oiork? performed by the $uff_s shall be
considered as rent and no re ni}5ursement hall be regLji,-x:ed of the
City. The same shal'1 inc,luci'e any rehabi1lGat on work performed.
III.USE OF THE 'STATION:
=ES' 14 '32 14:35 WRTER 11M ERS 3172454941 T4 317 S44 3498 P02
12/+,7/91 1Y :-r4 219.511 0G-4 7
F'AGE a:
The parties :agree that the etation shall be u6ad for ;u -Fire
Museum and BLiffca meeting glad and for no other purpose;.
Further, the Buffs agree that. no activity eh.al,,l ta_ka PA,hce at the
premised which ??oU]d violate arty Feder'al or-State btatute;', or.
city ordinance; nor shall any materid'1_ or equ praent be store at
the station. which would be a nuisances to the public or a,pr,ivate
individual. -
IV. INSURANCE REQUIREMENTS:
A.. The Mutts agree to maintain casualty in,auzance on, the
premises and to provide-coverage for any lose they may experience
of pexconal property, injury ar death to any,member•oz.other
person,vis'iting. tha station ire an amount not less than Three
Hundred Thousand dollars (.$300,:AE1A.0A') i ':£urth,er, the 'city shall
be named as an additional insuted.6n such policy.
H. 'Iri a6d'itlon to the foie''963n4 :insurance requirements, the
9uEfs aqi g9 to 'provide the city. tirith a. copy of theii~ coverage
each year the same 3.a xaaewed, at the'tirue of renewal.
C. The city shall maintain and insures ita interest: in. the
,aubladt ra'al estate, and may duplicate casualty.insu"rance
coverage without the' same: acting as at waive): Of'irfsursaca in
favor of th"a Buffs.
Vi. C ITY' 9 REM4DIh'5 FOR $REACH OF LRME1.
A. In the event the Buffs, fail, to maintain, repair or pay
the annual lease payment,; the city may proceed to Cermina to"this
lease upon tsn (10), days wrl'tten notice. .. further,' the Buffs
shal] xemove all of 'their parsonal property within thirty' (30)
days of 'r'eceiving the city-'s• notice to quit the 'premises,
B. If theiBUffs fail to maintain or repair the station as
required, than the city"nray either cause s$td repairs to be raado
and loot to the Huffs for relmbuzsemernt,or cancel this lease,
C.']lny geraona] property remaining in, on, or at the statl?on
after the thirty day, (3o) da.•-time period fez vacation shdU.be
deemed abandon and the 61Jty may dispone of the same as proscribed
by law.
VI;. 1+x6CtLLA.NEbuS PROVISI'ONS'.
A. The paxtiea agree:. that this inetr
under th® laws of the state of:.:Indian a. ument shall be construed
H. In the event any pravis'San oP this agqreezlcnt is
determined by a court of competent JUriad'i'ction tb :ba
unenforceable, the. same shall not affect the remaxnin
of the Anstrumertt,. g. provisions
C.. The parties agree that- the Gizcuit or Superior Courts of;
-Hamilton county, Indians are the proper Courts of "venue and
jurisdiction, 'and the part,arse iureher waive any trial by, jury,
I3; Tho parties 'agree that no term of this lease is lntendod.
to devise, transfer or Corvay, any Froperty right to t}„ Butts by
the city.
E."The city is .entitloci to encuj Sher he
PV *h6Ut4}A0F%q r e,Lhce dlobha, t n r . _ _ property i.Ii,th .13r-rim
FEB 14 '92 '14:39 IJnTER MOUERS
1?/el7r'S1 .12:3,4 337.S,lbf,23
3173464941 Td: 317 e44 349E P33
:PL??CKER(BF20UEY/AtlCiN??15-
F. Thin -lease shah he unassignable by the Buffs to any
persorie corporstlon or other legal entity.
a. In the event the stition.1s destroyed by fire or other
Cause, or otherwise damagod to such extent that ..it is unusable
for the purpoe'e intended,. th6'city shall. have the sole diacretion
whether or not `to restore, robuil'd ax otherwr se replace the
station, 'either In whole or in part;. 'Rent shall abato until a
determination 'tj made as to restoration or reconstruction of the
damaged facility,. it the lass of the station oxceede 60%. than
the lease may be terminated by either party upon* wrii:ten notice,
Without,furtttar obligation; by eiCher paxt, excepti that any
unfulfilled obligation shall net be.extingtiisYied,
H-. No Waiver by the city of any-default shall operate as a
waiver of any"other.default or, ihe'satue default in the future.
. Hoticea to 'the part ieq shall
I all, be given at the folloiaing
addre84ear postage pref aidt•
1,. i-f to -the City: Office, of the :Mayor, One Civic
S9uaxe', Carmel, Indiana 46032.;
2. If to the Buffat Preaident-, 21.0 tut Avosiue S.W.
Carmel, Indiana 460326
.7. This'aagruement shall b`d binding on the successars,,
representatives or heirs of the ,parties.
IN WITNESS
f r1acpF,: the",parties-have executed, this Agreement
on thies__ day of ?ecAmber., 1991.
.i
City of _a Indiana
Attest,y - ?tao
J'. niCQ 'L. H?ipe
Dp.}nity= ,G.lai`k%Tr.eaE iircr
Cdr/Bu9fa.leane
Attests
Corpvrata Secretary -
3178464941^ TO: 317-.644 3439'. P0.1
ril
,?" o IKli vaaaearov:µ.-.
a pindi_rhln.,
•e o ... wJ U6 Y7 U:
Edwards, Smith & Ir- ather, Inc,
41 First 9trept, S. r•.,
Carlicl it) 4GO32
r7-10MAM AIupw+ ADo R E`:50 f Irx UnEi, .
Carmel Fire Buffs,. 'Inc:
210 First Avenue
Carmel It) 4GO32
Type. and LoCatlon of Property
Ccntieiits Lcycatec3 g, 210 First nxlenue, sw
Carmel Its 4Gn32
t Type oflnsuilaaoce
L? : choduled Form Comprehensive Fonit
^???J PrerniSOClOperalions
Prod uctsr Comple['A Oporaiiunx-
? Conlracluai
±? Other (spec'rfy'below),
L+1 Metl. Pay- s/Ok+r'd Prr b ccr
Pinyon Atc"Idrnl
??? ?I' PEfSOn AI fn lllrY ??
L7 Llab Riiy ff?? ?1 Non .-owned fJ Hhcd
? Compreilonsive`UODUCiibie. S
? Culbsion UeUuctibler $
IxMedical Payments .$ 3„000
rrI? Unirrsurea Molorfst. '$ 500,000
rLi No Fauh {specify):
F] Other (specify):
MPAN.Y --
5tatp9
mvi I:isuran cue-rCprr!?lp any
>=11en1lvn I'?:0? ??m +F/?1/r3?--_ .l9 - -._
E>.pire5- ",?] ?.nl ant .?} fJoon T/31 ,7992
L Tnl' tinder is jS?rjed 1v exle{ld ybv a ge';i,i'the ahnv0 named
company per expimig PQF'y.:q
per
Office, museum, ,t7eeting'ilwm
C0vernU0Par1ls7Forms JAlrll o1-1n5urancef Deli. l uym.`
All frisk Fors I S;OOa 1250
Replacemani Cost f
Cov?ragdf FOirSrs `rn
Pe
- ? ? bodily Ir,lury? ,
-roper tyua mage Is
gr.
BaUr3y lmury^8
property Damage- $ 1,000,000 ?2,000
• : ? y'...... ?.C, _ - Persoi,6l..l rijuiy _?
Limits niliability
901111Y Injury (E'ach.Persniij .. $
6gdily lntury:(E aEh A&dehl) $
ptape ty Damage S
to
F3odilyaiij,iry $..Crgtari yDanxi2e
GC?Ilibin C'd $-JO A,;aVa.
? WORKEFt S' COMPENSATION: - Sta[U[ory Li'Mils (specify • I -
nS'ue!ovi) ? ? L61P1 ()-(LHS ,LIABi C1I Y mll. R:
;tAL COly 01T10N5lOTH ER COVERAGES- °-
bAldoonr:ss,f)F Ll MOR.WAGLE L.-.I ins; PAVe F: ?.AL+p,: !HSUn El: ..
:uioH n+u!,na?
C? 1
V ngIGIP IT
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