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Setting a Public Hearing on a Lease for the Construction and Equipping of a Fire Stattion, a Fire Safety Traning Facility
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Setting a Public Hearing on a Lease for the Construction and Equipping of a Fire Stattion, a Fire Safety Traning Facility
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4/16/2013 1:37:29 PM
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4/16/2013 1:36:45 PM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
4/8/2013
Ord-Res Number
4253-13
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correct the same, then, in any or either of such events, the Lessor may proceed to protect and <br />enforce its rights by suit or suits in equity or at law in any court of competent jurisdiction, <br />whether for specific performance of any covenant or agreement contained herein, or for the <br />enforcement of any other appropriate legal or equitable remedy, or the Lessor, at its option, <br />without further notice, may terminate the estate and interest of the Lessee hereunder, and it shall <br />be lawful for the Lessor forthwith to resume possession of the demised premises and the Lessee <br />covenants to surrender the same forthwith upon demand. <br />The exercise by the Lessor of the above right to terminate this Lease shall not <br />release the Lessee from the performance of any obligation hereof maturing prior to the Lessor's <br />actual entry into possession. No waiver by the Lessor of any right to terminate this Lease upon <br />any default shall operate to waive such right upon the same or other default subsequently <br />occurring. <br />13. Notices. Whenever either party shall be required to give notice to the <br />other under this Lease, it shall be sufficient service of such notice to deposit the same in the <br />United States mail, in an envelope duly stamped, registered and addressed to the other party or <br />parties at their last known place of business. <br />14. Successors or Assigns. All covenants of this Lease, whether by Lessor or <br />Lessee, shall be binding upon the successors and assigns of the respective parties hereto. <br />15. Construction of Covenants. Lessor was organized for the purpose of <br />constructing the Projects and leasing the same to Lessee under the provisions of the Indiana <br />Code, Title 36, Article 1, Chapter 10. All provisions herein contained shall be construed in <br />accordance with the provisions of said Chapter, and to the extent of inconsistencies, if any, <br />between the covenants and agreements in this Lease and provisions of said Chapter, the <br />-10- <br />DMS_US 51840010x2 <br />
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