HomeMy WebLinkAboutResolutions - 1974.05.02 - 15223May 2, 1974 tvlisc,:ellaneous Reso
BY: BUILDINGS & GROUNDS COMMITTEE - Patrick M. Nowak, Chairman
IN RE: LEASE TO COMMUNITY NATIONAL BANK
TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS
Mr. Chairman, Ladies and Gentlemen:
WHEREAS, by Miscellaneous Resolution 4925, thc C..7', of Oakland
the C±-H:-n:--ity National Bank, a National Banking Corporation of Pontiac, 700 sq. ft.
for five (') .vith tL. to renew; and
WHEREAS the Community National Bank has a renewal of the lease for
an additional five (5) years with the right of renewal, at the rate of $6.00 7-'r sq. ft.; and
AS your Buildings and Grounds Committee has reviewed of the
new lease and recommends that the County of Oakland enter into a lease with the Community
National Bank of Pontiac, a copy of which is attached
NOW THEREFORE BE IT RESOLVED that Chairman of this Board be authorized to
enter into a leas n with the Community Natior,_: a National Ronking CorporotHn of
Pontiac, said ! o be for a term of five (5) years for seven I • (700) squa'
the ground floor of the Court Tower at the rate of Six Dollars 74-r square foot, with
'ht of renewal.
The Buildings and Grounds Committee, by Patrick M. Nowak, Chairman, moves the
adoption of the foregoing resolution.
BUILDINC,S /7,i'r-• GROUNDS COMMITTEE
LEASE
THIS LEASE, made in the City of Pontiac, County of Oakland,
State of Michigan, this 2nd day of May , A.D., 1974,
between the COUNTY OF OAKLAND, a Michigan Constitutional Corporation,
of 1200 North Telegraph Road, Pontiac, Michigan, hereinafter referred
to as LESSOR, and the COMMUNITY NATIONAL BANK, a National Banking
Association, of Pontiac, Michigan, hereinafter referred to as LESSEE;
WITNESSETH:
LESSOR, for and in consideration of the agreements of Lessee
hereinafter mentioned, hereby leases to Lessee,. and Lessee hereby
leases from Lessor, the premises located in the Court Tower of the
Oakland County Service Center, City of Pontiac,. County of Oakland,
State of Michigan,
being seven hundred square feet (700) located as shown
on the blueprint marked Exhibit "A", attached hereto
and made a part hereof,
for a term of five (5) years commencing on the day and date first
above written, written, unless sooner terminated as hereinafter provided.
LESSEE, in consideration of said leasing, agrees:
1. To pay as rent for the premises the sum of Four .Thousand
Two Hundred ($4,200.00) Dollars per year, payable in twelve (12)
equal installments at the rate of Three Hundred Fifty and no/100
($350.00) Dollars per month on the 1st day of each and every month
during the term of this Lease, at 1200 North Telegraph Road, Pontiac,
Michigan.
2. To pay all reasonable costs, attorney fees and expenses
that shall be made and incurred by the Lessor in enforcing the
agreements of this Lease.
. 3. To use and occupy the premises for the purpose of operating
a Branch Bank only, and for no other object or purpose without written
. consent of the Lessor.
4. Not to assign • this Lease nor sublet the premises or •
any portion thereof without the consent of the Lessor.
5. At the expiration of this Lease, to give peaceable
possession of premises to the Lessor in as good condition as they
now are, the usual wear excepted.
6. This Lease may be terminated by the Lessor in the
event of the breach of any of the agreements of Lessee herein
contained, in which case the Lessor may re-enter on the premises
thereon, and this Lease shall thereupon terminate.
7. Lessor shall not be liable for any damage to person
or property occurring or arising on the premises from any cause
whatsoever.
8. Lessee agrees to provide telephone service at its own
expense.
9. Lessee shall have the right to renew or extend this
Lease for two (2) additional terms of five (5) years each after
the Lease term at a rental rate to be agreed upon or determined
on the basis of then current rates, provided Lessee gives written
notice to Lessor of intention to exercise such right at least
Sixty (60) days before the end of a Lease term provided for herein.
LESSOR, in consideration of the agreements set forth above,
AGREES as follows:
1. Lessee shall have the full and complete use and occu-
pancy of the premises.
2. All fixtures and appurtenances erected on or attached
to the premises may be removed by Lessee at the termination of
this Lease.
3. Lessor agrees to provide heat, lighting and custodial
standards in effect in the Court House Tower.
WITNESSES:
Richard R. Wilcox
Each party hereby waives any right of action that it may
acouire against the other for loss or damage to its property or to
property in which it may have an interest, where such loss is
caused by fire or any of the extended coverage hazards and arises
out of or is connected with the leasing of premises located in
the Court House Tower of the Oakland County Service Center, Pontiac,
Michigan.
IN WITNESS WHEREOF, the parties hereto have set their hands
and seals the day and year first above written.-
COUNTY OF OAKLAND, a Michigan
Constitutional Corporation,
By:
COMMUNITY NATIONAL BANK of Pontiac,
Michigan, a National Banking Assoc.
STATE OF MICHICJjEr)
COUNTY OF OAKLAND)ss.
On this 2nd day of May, A.D., 1974, before me, .a Notary Public •
in and for said County, personally appeared RICHARD R. WILCOX,-known,
who, being by me duly sworn did say that he is the Chairman of the
Oakland County. Board of Commissioners, the corporation named in and
which executed the within Lease, and that said Lease was signed on
behalf of said corproation by-authority of its Board of Commissioners
by Miscellaneous Resolution No. 6658, ,dated May 2, 1974, and the said
Richard R. Wilcox acknowledged said Lease to be the free act and deed
of said corporation.
Carol J. T.7r:Sge
Notary Public', Oakland County, Mich.
My Commission Expires: 6-6-77
#6658 May 2, 1974
Moved by Nowak supported by Richardson the resolution be adopted.
AYES: Gabler, Hobart, Hoot, Houghten, Kasper, Lennon, Mathews, Moffit
Montante, Nowak, Olson, Patnales, Perinoff, Pernick, Quinn, Richardson, Vogt,
Walker, Wilcox, Berman, Brotherton, Button, Coy, Dearborn, Douglas. (25)
NAYS: None. (0)
A sufficient majority having voted therefor, the resOlution was adopted.
STATE OF MICHIGAN)
COUNTY OF OAKLAND)
I, Lynn D. Allen, Clerk of the County of Oakland and
having a seal, do hereby certify that I have compared the annexed copy of
Resolution #6658 adopted by the Oakland County Board of Commissioners at
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their meeting held on May 2, 1974
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with the original record thereof now remaining in my
office, and that it is a true and correct transcript
therefrom, and of the whole thereof.
In Testimony Whereof, I have hereunto set my hand and
affixed the seal of said County at Pontiac, Michigan
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Lynn D. Allen•••,. • • •• •••• •••••sge • Clerk
By.................................. Deputy Clerk