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First Amendment to Lease Agreement - Human Rights Commission Lease 319 Niles Ave. City’s Tax Liabiltiy – MedPro Properties, LLC
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First Amendment to Lease Agreement - Human Rights Commission Lease 319 Niles Ave. City’s Tax Liabiltiy – MedPro Properties, LLC
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8/11/2020 3:04:28 PM
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Board of Public Works
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Contracts
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8/11/2020
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occupy the Premises exempt from payment of properly tax and Landlord shall timely file <br />the property tax exemption application (Form 136) with the Assessor's office. <br />SECTION I of AMENDMENT. Text of Amendment to Sections A` of the Lease: <br />Section 5 (A) of the Lease between Landlord and Tenant is amended to read in its entirety as <br />follows: <br />5. ADDITIONAL RENT. <br />A. In addition to the basic rent, Tenant shall pay as part of the Rental 32.92% of <br />the Operating Costs of the Building which represents that per cent of the Building's total <br />square feet area that is used and occupied by Tenant as its Premises for its work as the <br />Human Rights Commission, a municipal agency. "Operating Costs," as that term is used <br />herein, beginning with the rent payment due January 1, 2019 and thereafter, shall exclude <br />real property taxes applicable to Tenant's Premises within the Building, as to which <br />property tax Tenant shall be solely responsible as of the effective date of this Lease, which <br />sum is $0.00 due to Tenant's non-profit, property tax exempt status pursuant to Indiana <br />Code Section 6-1.1-10-5 and IC 36-1-10-18.Landlord's ability to limit Landlord's property <br />tax liability to the space which is not occupied by Tenant is dependent upon the Landlord's <br />timely filing with the St. Joseph County Assessor of a property tax exemption application <br />(Form 136), which Landlord shall file on or before the due date. The Executive Director of <br />the South Bend Human Rights Commission, on behalf of the Tenant, shall provide to <br />Landlord or Landlord's authorized agent within at least four (4) business weeks before <br />March 1, 2019 and before March 1 of each lease year thereafter all information known to <br />and concerning Tenant as required on the St. Joseph County real property tax exemption <br />application (Form 136), such as a description of its operations, its personnel and similar <br />2 <br />
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