HomeMy WebLinkAbout88- CMC Real Estate Corp.
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CMC REAL ESTATE CORPORATION
547 West Jackson Boulevard _ Suite 1510 - Chicago, Illinois 60606
Direct Mail To: P.O. Box 6205 _ Chicago, Illinois 60680-6205 :LEASE NO: 80881
312_294-0440
LOCATION: Bozeman, Montana
PRESENT RENTAL: $432.00 per annum
EXPIRES: December 31, 1988
TERMS OF LEASE EXTENSION:
RENTAL: $600.00 per annum, due in
advance.
FROM: 01/01/89 10: 12/31/89
Date: December 7, 1988 CANCELLABLE UPON: 30 Days
City of Bozeman
P.O. Box 640
Bozeman, MT 59715
Dear Tenant:
Your lease with CMC Real Estate Corporation, successor to Richard B. Ogilvie,
Trustee of the Chicago. Milwaukee. St. Paul and Pacific Railroad Company. expires
on the date indicated above.
We are willing to extend your lease under the terms of this Lease Extension as
indicated above.
In addition as the Tenant you agree to pay to CMCRE as additional rental hereunder.
upon receiving a bill therefore, all taxes. license fees or other charges that may
be levied or assessed locally against the premises, or that may be equitably
apportionable thereto, or the improvements thereon. or against both. In the event
the premises, or any part thereof. shall be subject to any special assessment for
any public improvement or improvements, the Base Rent to be paid by Tenant here-
under shall be increased by an amount equal to twelve (12) percent per annum of the
total cost of such assessment.
In the event of Lessee's breach of this Lease,'or a violation of any of Lessee's
covenants. obligations and restrictions under this Lease. Lessor has the right, but
(continued on the reverse side hereof)
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not obligation, to file an action or actions against the Lessee for said b'reach or
violation. All of Lessor's reasonable attorney's fees which arise as a result of
Lessee's breach or violation, shall be paid by Lessee to Lessor wi thin 30 days of
Lessee's receipt of a bill therefor.
Except as herein expressly modified, all other terms and conditions of your Lease,
referred to herein, shall remain unchanged.
This Lease Extension is being forwarded in duplicate and the return of one copy
indicating your acceptance of these terms will be very much appreciated. Should you
fail to forward your signed acceptance within thirty (30) days, however, your occupa-
tion of the leased premises beyond the current expiration date of the Lease as indica-
ted above will confirm to us that you have e1ecteQ to continue on the site under the
modii ied terms and conditions and you will be billed accordingly. Acceptance of
rental payments made which are less than the new rental for the Lease Extension shall
not be acceptance of a continuation of your existing Lease.
Very truly yours, TERMS ACKNOWLEDGED AND ACCEPTED:
~~. City of Bozeman (Lessee)
Manager-Contracts ~.""'-<\; :2 ,W~~Seal)
and Support Services
(312) 294-0478
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City Attorney
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