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6.B.(8) Specifications Master Lease Retail Properties
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10/17/08 Meeting
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6.B.(8) Specifications Master Lease Retail Properties
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4. "fhc Bidder shall not discriminate on the basis of race, creed. color, ancestry, <br />national origin, religion, handicap, sex or political atfiliation in the leasing. use or <br />occupancy of the Redevelopment Retail Propcrtics and shall comply ~,~~ith all <br />applicable federal. state and local lags and regulations prohibiting such <br />discrimination. <br />5. The Bidder agrees not to permit any °harardous substancc~~ to be placed. held. or <br />disposed o1 upon, or released upon. under or at the Redevelopment Retail <br />Propcrtics, or any port thereof. <br />6. The Bidder shall indemnify and hold Owner harmless from all loss, cost, claims. <br />damages, tines, penalties. liability and-or expense. including but not limited to <br />reasonable attorne~~'s Ices. incurred b~ any part. <br />7. "I~he Bidder may. at its cost and expense. subject to O~~ner's ~~~ritten approval. <br />make additions, alterations or improvements to the Rcdcyclopment Retail <br />Properties. All additions, impro~~ements and alterations shall immediately <br />constitute and become a part of the Rcde~clopmcnt Retail Propcrtics. <br />H. Dw~ing the Term, the Bidder, at its sole cost and expense, shall maintain, service <br />and repair the Redevelopment Retail Propcrtics in the fashion and to the extent <br />the Bidder deems advisable and in any e~~ent in accordance ~,vith all a~~plicable <br />Governmental Requirements. <br />9. During the Term, the Bidder. at its sole cost and expense, shall pay or cause to be <br />paid before delinquency all charges for water gas. heat, electricity, power and <br />other like scrwices used with respect to the Redevclopmait Retail Propcrtics and <br />all taxes. assessments and goycrnu~ental charges levied with respect to the <br />Redcyclopment Retail Propcrtics and the personal property of the Bidder located <br />therein ~~°hich become payable during the Term. <br />IU. The Bidder shall maintain or cause to be maintained. at its sole cost and expaise. <br />throu~~hout the Tcrm, insurance co~a~age ~~~ith respect to the Redc~~clopment <br />Re41il Properties Frith insurers of reco~~nized responsibility in such fbnn and <br />amounts and co~~cring such risks (includin~~. ~~~ithout limitation. property damage <br />and public liability risks). as is reasonably commercially available and consistent <br />with that maintained by responsible o~~°ners of similar properties. Owner shall be <br />named as an additional named insured under all policies of insurance maintained <br />or caused to be maintained by the Bidder. The Bidder shall dcli~cr copies of <br />insurance policies on or before date of execution of the Master Lease. <br />I L The Bidder may sublease the Rcdcrelopmeut Retail Propcrtics upon such terms <br />and conditions as maw be acceptable to the Bidder. but any sublease shall be <br />subject to all the terms and pro~~isions of the Master Lease and subject to the City <br />of South Bcnd Redcrelopmcnt Retail Tenant Selection Policy as stated above. <br />
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