Laserfiche WebLink
6.4.5 Intergovernmental and Public Purpose Lease lmprovements: <br />Wherc Lessec is a governmental cntity that would otherwise qrralify fbr an <br />Intergovernme ntal 'l'ransaction undcr KCC 2.81 .090(2), or a bona fidc non-profit <br />organizalion that would otherwise qualify tbr a Public Purposc Lease undcr KCC <br />2.[t1.090(9), and that [,essee, after termination of the initial lease term (and <br />applicable extensions), during which time improvements were madc to the <br />Lessor's real estate, enters into a second lease tenn, the improvelnents will remain <br />property of such a l,essee lor the initial ten (10) years olthat second leasc tcrm, <br />after which they will revert to the l,essor and the Lessee shall also enter into a <br />building leasc with the [.essor for the remainder of the term fbr the underlying <br />sccond ground lcasc tcrm. <br />6.4.6 Surrender of Premises <br />[Jpon the expiration o[this l,ease and in the event of the acquisition of the <br />lmprovements by Lessor, Lessee, at l,essee's sole cost, shall (i) prornptly and <br />peaceably surrender to Lessor the Premises anel Improvements clean and free of <br />debris and in good order and condition; (ii) repair in a good and workrnanlike <br />manner any damage to the Premises, reasonable wear and tear excepted, or the <br />Airport by the removal of l,essee's personal propctly; (iii) dclivct to Lcssor all <br />keys and other items integral for access and operation of the Improvements; (iv) <br />perform Lessee's environmental obligations as provided in Section 7; and (v) <br />rernove all movable personal property and trade fixtures and signage that are not <br />owned by Lessor; provided that Lessee must obtain Lessor's prior written consent <br />to rcmove any such property if such removal may impairthe structure of any <br />building. Upon any expiration or termination of this l.ease, including, but not <br />lirnited to, termination for abandonment of the Premises, all propeny that Lessee <br />leaves on the Premises shall conclusively be deemed to havc been abandoncd and <br />may be appropriatcd, sold, slored, destroyed, or otherwise disposed of by L,essor <br />without notice. and without any obligation to account, to Lessee or any other <br />person, provided that the disposition of lmprovcmcnts shall be as provided in <br />Scction 6.4, l,essee shall pay to Lessor all expenses incurred in conneotion with <br />the disposition of such property in excess of any amount received by Lessor from <br />such disposition. <br />6.5 Fuilure to construct Improvements: <br />LISSEE agrees that, should LESSEE fail to construct the structurc(s) described in Exhibit <br />"[)" as outlined in the negotiated construction schedule and in confbrmity with airport <br />standards (also part of Exhibit D), thi$ lease shall automatically terminate, and LF,SSEE <br />forfeits any and all interest ln the premises. Proposed improvements must have a negotiated <br />construction schedule and be determined in conformity with applicable airport standatds <br />prior to making application for a building permit. Gcneral construction requirements arc <br />attached hereto as Exhibit E and incorporated herein by this retbrence, l,essor approval is <br />rrquircd lor all such buildine permit applications. <br />LtissEnfu- <br />v4 tU^ <br />9 LEsson$s/__