My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
No. 2065 approving acquisition of real property to facilitate the studebaker national museum relocation project and approving the execution of a ground lease and other related documents associated with studebaker museum relocation project (SBCDA)
sbend
>
Public
>
Redevelopment Commission
>
Resolutions
>
No. 2065 approving acquisition of real property to facilitate the studebaker national museum relocation project and approving the execution of a ground lease and other related documents associated with studebaker museum relocation project (SBCDA)
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
10/18/2012 1:47:55 PM
Creation date
8/22/2011 2:48:11 PM
Metadata
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
17
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
9.5 Interruptions. Ground Lessee agrees to cause or a' <br />C, maintain only the minimum <br />amount of interruptions that is reasonably possible to Ground Lessor's operations at its Center <br />for History during all periods of construction of the Improvement and the adjoining of the <br />museum facilities. <br />9.6 Use. The Improvement and the Studebaker Museum to be constructed by Ground <br />Lessee shall only be used by SNM as a public museum consistent with the provisions and terms <br />of the Shared Use Agreement. <br />Section 10. CONDITION OF GROUND LEASE PREMISES UTILITIES. <br />CONCEALED CONDITIONS. <br />10.1 Present Condition. Ground Lessee agrees to accept the Ground Lease Premises in <br />their presently existing condition, "As Is ". <br />10.2 Support. Ground Lessee has determined that the Ground Lease Premises will <br />safely or adequately support the type of improvements desired to be constructed upon Ground <br />Lease Premises, including the Improvement, and that Ground Lessee's construction will not <br />jeopardize the structural integrity of Ground Lessee's existing improvements, and hereby <br />certifies the same to Ground Lessor. <br />10.3 Utilities. Ground Lessor, at its sole expense, shall bring or cause to be brought to <br />the Ground Lease Premises adequate connections for gas, water, electrical power, storm <br />sewerage and sewerage, and shall arrange with the appropriate utility companies for furnishing <br />such services and shall provide to the Improvement water service and capacity sufficient for <br />operation, heating, ventilation and air conditioning equipment in the Improvement. <br />10.4 Drains. Drains or other facilities required of or installed by Ground Lessee for <br />the purpose of disposing of storm or other waters shall conform to the requirements of applicable <br />governmental authorities. <br />10.5 Concealed Conditions. Ground Lessor shall have no responsibility for nor is it <br />assuming any risk of (i) concealed conditions below the surface of the ground encountered in the <br />performance of the construction activity, (ii) unknown physical conditions above or below the <br />surface of the ground, and (iii) latent defects in the Ground Lease Premises. <br />Section 11. LIMITATION ON LEASEHOLD MORTGAGES. ASSIGNMENT AND <br />SUBLETTING. <br />11.1 No Encumbrance of Fee. Ground Lessee may not enter into a mortgage or <br />mortgages of its interest in the Ground Lease Premises or in the Improvements as security under <br />any financing or refinancing pertaining to the Improvement. <br />11.2 Assignment and Subletting. Ground Lessee shall not assign this Ground Lease, or <br />-7- <br />
The URL can be used to link to this page
Your browser does not support the video tag.