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HomeMy WebLinkAboutApproving an Option to Renew a Lease between the City of South Bend & Peter F. & Margaret K Nemeth known as 114 South Chapin StORDINANCE No. 4358 -61 Passed by the Common Council of the City of South Bend, 9 ,61 Presented by me to the Mayor of the City of South Bend, 1961 Clerk of Common Council Approved and signed by me January 10 19 61 Clerk IDEAL COE1000 FAE66 ORDINANCE NO'� AN ORDILANCE APPROVING AN OPTION TO RENEW A LEASE BETWEEN THE MUNICIPAL CITY OF SOUTH BEND, INDIANA_ , AND PETER F. NEMETH AND MARGARET K'' NEMETH FOR THE PREMISES COMMONLY KNOWN AS 114 SOUTH CHAPIN STREET, AS WELL AS THE USE OF A PORTION OF LAND ADJACENT THERETO WHEREAS, heretofore on the 31st day of May; 1960; the City of South Bend; Indiana, by and through its Board of Public Works and Safety pursuant to a resolution duly adopted, made and entered into the following lease agreement with Peter F • Nemeth and Margaret K.. Nemeth, and WHEREAS;` said Board of Public Works and Safety pursuant to resolution duly adopted exercised option in said agreement and said agreement is set out as follows, to--wit: 1►.�. f j �`i" 1A.1 FRE€7A G. n1n LEASE THIS INDENTURE made this day or % /Z , 1960, in the year of our Lord One Thousand Nine Hundred and Six ",yf between PET'E:R F. NEMETI4 and MARGARET K. NEMETII _ailed the Lessor and ±.hr MUNICIPAL CITY OF SOUTH BEND, a mt:n:cipai co,,poration, h?r = inaftcr called the Lessee. WITNESSETH: 1, The Lessor herein leases unto the Lessee, subject W and upon the terms hereinafter stated for the *term of seven (7) rnoriths beginning on the lst day of June, 1960, and ending on the 31st day of December, 19611, the use an(? enjoy- ment of all and singular the premises at 114 South Chapin Street, South Bend, Indiana, as well as the use of a portion of land adjacent thereto, on which the Lessee shall be permitted to park not more than three (3) vehicles, all in the City of South Bend, including all appurtenances thereto, at a rental of Two Hundred seventeen ($217) Dollars per month. 2. The Lessor agrees to provide 'neat 6 r the above demised premises, as well as water and electricity. 3. The Lessee shall have and the Lessor hereby grants to the Lessee the option and right to renew this term on the conditions herein contained for an addition term of one (1) year and from year to year thereafter, on or before the 20th day of Decerrru6r, 1960, and on or before the 20th day of December each year thereafter. 4. That the Lessee has received the premises in good order and repair and that said Lessee will keep said p7ernisu6 in good repair, replacing all broken glass with glass of the same size and quality as that broken, and vAll keep said premises and appurtenances, including catch basin in a clean and healthy condition, and upon termination of this lease will yield up said premis es to the Lessor in good condition and repair, loss by fire and ordinary wear excepted. - 2 - 5. Lessor further grants to the Lessee the right to make all reason- able alterations, additions or c:ianges in anal s;.l` p'- en1ises, subject to the suba')issi.on of plans for said alterations, z? iti.ms, or changes to the Lessor. The corse:nt to said alterations, additions, c c'ian;;cs sh;.11 not be urreas! .o- bly wdtrkteld by Lessor. 6. Lessee herebv further afire. chat a_t aii times during 'ate coctinuz- tion of this lease it will keep said pre_ises a. clean and wholesome condition anti comply with all legal requirements with res ^ -rct to the ame. 7. Lessee will allow the Lessor free access to the premises hereby leased for the purposes of examining or exhibiting the same or to make any needful repairs of said premises, which said Lessor may see fit to make. 8. It is hereby mutually agreed that in the event said premises are damaged or destroyed by fire or other causes so as to render same wholly unfit for occupancy and use thereof by Lessee, then this lease shall terminate. If, however, only a portion of said premises are rendered unfit. Lessee may refrain on the said portion thereof and the rent for the unfit portion shall abate, or the Lessee may declare this lease terminated. IN WITNESS WHEREOF, the parties have hereto set their hands and seals on the day and date first above written. Lessor / Peter Ff e-meth Margaret K. Nemeth MUNICIPAL CITY OF SOUTH BEND by its BOARD OF PUBLIC WORKS AND SAFETY - Lessee rard-, J. f ugg��' and, WHEREAS, said lease agreement contained an option for the renewal of the said lease under the same terms and conditions for an additional term of one year as set out thereim, and WHEREAS, said agreement is now submitted to the Common Council of the City of South Bend, Indiana for its approval of the exercising of said option by Ordinance; NOW, THEREFORE., BE IT ORDAINED by the Common Council of the City of South Bend,, Indiana: SECTION 1 That the option to renew said lease for the year 1961 by and between the Municipal City of South Bend., Indiana and Peter Fe� Nemeth 1 and Margaret K. Nemeth be and the same is hereby in all things ratifiedv con- firmed and approved. SECTION 2. This Ordinance shall be in full force and effect from and after its passage by the Common Council and its approval by the Mayor* I/G11 rl:L�