Laserfiche WebLink
"}' <br />�� <br /> �' <br />{� <br /> T <br />:� <br />� INNOVATION PARK AT NOTRE DAME LEASE AGREEMENT <br />� <br />� <br /> This Lease Agreement ("Lease") dated as of January 30, 2011 updates an earlier Lease Agreement dated January <br /> 29, 2010, is entered into by and between Innovation Park at Notre Dame, Inc. ("Innovation Park" or <br />� "Landlord"),an Indiana not for profit corparation, and the City of South Bend,IN,Department of Redevelopment, <br /> Acting By and Through the South Bend Redevelopment Commission ("ClienY' or "Tenant"), a municipal <br /> corporation,having an address of 1200 County-City Building,227 West Jefferson,South Bend,IN 46601. <br /> Schedule of Terms <br /> Premises: Suite 215 consisting of 230 square feet of rentable area located in the building ("Building") at <br /> 1400 E.Angela Blvd.,South Bend,Indiana.The Building and the parcel(s)of land on which it is <br /> located,other improvements located on such land,adjacent parcels of land that Landlord operates <br />� jointly with the Building,and other buildings and improvements located on such adjacent parcels <br /> of land are referred to herein as the "Property". Innovation Park leases the Property and the <br /> Buildin from the Universi of Notre Dame the"Universi "). <br /> Lease Term: A eriod of 12 months commencin on Janua 30,2011 and ex irin Janu 29,2012 <br /> Option to Tenant has the option to renew the Lease with respect to all(but not less than all)of the Premises <br /> Renew: for 12 months(the"Renewal Term")by notice in writing received by Landlord not less than six <br /> months and not more than nine months prior to the expiration of the then current term of the <br /> Lease,time being of the essence for the giving of such notice. Tenant is hereby granted two(2) <br /> o tions to renew the Lease. <br /> S ace: Tenant acce ts the ace in its resent condition. <br /> Base Rent: Base Rent shall be paid according to the following schedule. For the purposes of this Lease, <br /> "Lease Year" shall mean the twelve month period commencing on the Commencement Date, � <br /> and ending on the last day of the twelfth complete calendar month thereafter. <br />� Period Annual Base Rent Monthly Base Rent <br />� Months 1 - 12 $5,980 $498.33 <br /> The Base Rent due for the first month during the Lease Term(hereinafter defined)shall be paid <br /> b Tenant to Landlord er the a roved monthl billin c cle. <br /> Additional As agreed in original leasing documents dated January 29,2010 <br /> Terms and <br />� Conditions <br />� Supplemental As agreed in original leasing documents dated January 29,2010. <br />� Char es: <br />� Security Waived <br /> D osit: <br />� Permitted Use: General office use and no other use or u ose. <br /> Rules and TenanYs use of the Premises, Building and Property shall be governed by the Rules and <br />� Regulations Regulations promulgated by Landlord,which may be amended from time to time by Landlord,in <br />� its sole discretion. <br /> Business 8:00 a.m.to 6:00 p.m. <br /> Hours: <br />; Business Mondays through Fridays,exclusive of holidays,as determined by Innovation Park. <br />� Da s: <br />; Tenant Notice South Bend Redevelopment Commission <br />� Address 1200 County-City Building <br /> i 227 W.Jefferson <br />! South Bend,46601 <br /> I <br /> r <br /> i <br />! <br />! <br /> I <br /> � <br /> iInnovation Park at Notre Dame � <br /> iLease Agreement Page 2 <br /> I � <br /> I <br /> f <br /> I <br />� <br />