LEASE AGREEMENTProposed Lease • May 5th, 2020 • New Jersey
PROPOSED LEASEProposed Lease • June 6th, 2019
THIS AGREEMENT OF LEASE entered into by and between the Grays Harbor Transit Authority, a County Transportation Authority, as Lessor, hereinafter referred to as the “Authority” and the City of Aberdeen, as Lessee, hereinafter referred to as the “City.”
Proposed Lease Agreements December 2012Proposed Lease • November 20th, 2012
LEASE AGREEMENTProposed Lease • May 30th, 2013 • New Jersey
Proposed Lease RMYS Agreement to Key TermsProposed Lease • August 23rd, 2016
Term Description Term 21 Years. Negotiations for a further new lease are to be aligned with negotiations for the existing seabed lease with State Government (which expires 28 February 2035). Rent The Rent at commencement will be $40,000 per annum. Market rent for ground rental was valued at $40,000. Ground rent is proposed to reflect the extensive tenure and investment of the Tenant on the site which has resulted in the existing buildings. Annual Rent Reviews The Rent will be varied by the movement in CPI on each anniversary of the lease commencement. Outgoings RMYS will be responsible for all municipal and government taxes, rates, levies and charges. RMYS will also be responsible for all utility costs. RMYS will keep insured on a replacement or reinstatement basis all buildings and improvements on the leased Land as well as maintain a public liability policy of insurance for not less than $20 million. Community Benefits RMYS will report annually on community benefits conducted in the
