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1993-161
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1993-161
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Last modified
3/27/2018 3:25:57 PM
Creation date
10/1/2015 1:01:01 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
06/15/1993
Control Number
1993-161
Entity Name
City of Sebastian and Indian River County
Subject
Lease for Antenna Space-Tower
Area
1201 Main Street
Supplemental fields
SmeadsoftID
8033
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(D) Lessee will indemnify and hold Lessor harmless from <br />all claims, actions and suits, including cost of court and counsel <br />fees, and all other expenses of every nature and kind in any way <br />connected with or arising out of lessee's installation or operation <br />of the antennae or equipment or in any way associated with the <br />exercise of Lessee's rights hereunder. <br />(E) Lessee shall obtain and keep in force, throughout <br />t he term of this Lease, insurance with a company or companies <br />approved by Lessor providing public liability and property damage <br />coverage acceptable to Lessor. Such insurance which shall name <br />Lessor as an insured as well as Lessee, shall be in an amount not <br />less that $500,000 for personal injuries to any one person in any <br />one accident, and $1,000,000 to any number of persons for personal <br />injuries in any one accident, and property damage in an amount not <br />less that $300,000 resulting from one or more accidents or a <br />combination of one or more accidents. Such insurance shall not <br />permit cancellation of any coverage without at least thirty (30) <br />days written notice to Lessor. <br />4. Terms: The Lessee shall pay as rental, the sum of <br />$150.Q0 monthly (plus applicable sales tax) beginning on the first <br />day o JULY, 1991, and on the same day of each and every month <br />u ntil, and including the first day of JULY, 1994. Cost of living <br />increases to be applied annually according to the percentage <br />increase of the CPI -U promulgated by the U.S. Department of <br />Commerce during the previous twelve (12) months. <br />This lease shall be renewable for a similar period of time, at <br />t he same rental, provided that Lessee Gives at least sixty days <br />notice to Lessor, in writing, of his intent to renew. <br />5. F.C.C. Regulations: If, after execution of this lease, <br />Lessee is unable to occupy, or is caused to vacate the Tower or <br />building, due to actions of the Federal Communications Commission, <br />o r any state or local government authority, this lease may be <br />canceled on the part of Lessee, without obligation, except that <br />Lessee may be required to reimburse Lessor for expenses incurred in <br />the negotiation or execut on of this lease; such reimbursement not <br />t o exceed the sum of $. <br />6. Security Deposit: Concurrent with the signing of the <br />lease, a deposit of the first and last months' rent to be held <br />without interest has been paid to Lessor. This deposit will be <br />u sed as the first and last month's rent. <br />7. Non -Liability of Lessor: Lessor shall have no liability, <br />for direct, consequential, or incidental damages resulting from or <br />in any way connected with lose of signal or any interruption in the <br />service or operation of the antennae or other equipment due to: <br />
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