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Resolution No 37-2018 - Approval of Lease Located at 319 Niles Avenue for South Bend Human Rights Commission
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Resolution No 37-2018 - Approval of Lease Located at 319 Niles Avenue for South Bend Human Rights Commission
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4/4/2025 11:10:02 AM
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7/20/2018 10:57:44 AM
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Board of Public Works
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Resolutions
Document Date
7/19/2018
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and within ten (10) days of receiving notice from the County, communicate to Tenant whether <br />the tax exemption application has been approved or denied. <br />In the event that a tax exemption application is timely filed but denied by officials of St. <br />Joseph County, Landlord shall cooperate in good faith to take prompt, necessary action to re- <br />submit, alter, amend, or otherwise cure a rejected exemption filing. If such curative action is <br />not successful, Landlord shall promptly notify Tenant, Tenant may terminate this lease upon <br />written Notice to Landlord within forty-five (45) days ftom receipt of notice of exemption <br />denial ftom Landlord, and the lease termination shall be effective sixty (60) days after the <br />date of Tenant's notice of termination to Landlord, during which sixty (60) day period <br />following notice of termination, Landlord may show the premises to other potential tenants <br />during business hours upon 24 hours' notice to Tenant, notwithstanding any other term in this <br />Agreement. Furthermore, Tenant agrees to disburse to Landlord all unpaid accrued real estate <br />taxes applicable to the denied exemption period within thirty (30) days following Landlord's <br />notification to Tenant of its denial and Tenant further agrees to increase future monthly <br />additional rent payments by the accrued real estate tax until January 1 of the following year <br />in which the real estate tax exemption can be submitted. <br />For the full lease term "Operating Costs" shall also exclude replacement costs of <br />structural or major components of the Building including but not limited to roof, parking lot <br />re -pavement, heating systems, air conditioning units, windows, doors, walls, water pipes due <br />to defect or age deterioration, sinks, toilets, and electrical components Furthermore, <br />"Operating Costs" do not include specific costs uniquely incurred by specific tenants which <br />are separately billed to and reimbursed by such specific tenants, but shall consist of all other <br />regular and routine operating costs of the Building, which shall be computed on the accrual <br />4 <br />
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