HomeMy WebLinkAbout1992-02-10 92-108 ORDER92-108
Awignedto Coonnilor Savyer, February 10, 1992
CITY OF BANGOR
(TITLE.) City Managar.. tosxerate_ an.emrndment_ta...a..cease.
Agreement with NESCO C p fo,r, S. Building at 133 Odlin Road
By W CRY l of aty of Masser:
ORDRRRD,
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the City Manager is hereby authorized and directed, on
behalf of the City of Bangor, to execute an amendment to a lease
agreement with MBSCO Corp. for a building at 233 Ocilla Rd. dated
,July 1, 1983.
IN CITY COUNCIL FEBRUARY kW.1992
PASSED
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CITY CLERK
92-198
ORDER
Title,
AUTHORIZE THE CITY MANAGER TO EXECUTE
...............................
AN AMENUMT TO A LEASE AGREEMENT WITH
NESCO CORP. FOR A BUILDING AT 233 MILE RD.
.................../..�.../..�............ .....
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SECOND MENT TO INDENTURE OF LMSR
THIS SECOND AMENDMENT TO INDENTURE OF LEASE, executed,
this _th day of, August, 1991 by and between:
CITY OF BANGOR, a body politic and corporate
duly organized and existing under and by
virtue of the laws of the State of Maine, and
having its principal offices at 73 Harlow
Street, Bangor, Maine (hereinafter sometLses
referred to as "Lessor)
f
Maine Laminates, Inc., , a body corporate,
duly organized and existing under and by
virtue of the laws of the State of Maine, and
having a place of business at 233 Odlin Rd.
in the City of Bangor, County of Penobscot,
State of Maine (hereinafter sometimes
referred to as -Lessee")
W I T N E S S E T Hf
WHEREAS, the City of Bangor is the owner of an airport
commonly known as "Bangor International Airport-, formerly ]mown
as Bow Air Force Base, and located in the City of Bangor, County
of Penobscot, State of Maine (hereinafter sometimes referred to
as the "Airport-); and
WHEREAS, by Indenture to lease, dated July 1, 19830
the parties agreed to the lease by the Lessor of Building T-134
at 233 Odlin Rd. and land adjacent thereto; and
WHEREAS, by amendment to that Indenture to lease,
dated June 21, 1908, the parties agreed to permit Lessee to have
five (5) one year renewal options; and
WHEREAS, the parties hereto wish to amend said
Indenture to Lease;
NOW, THEREFORE, the parties do mutually agree that the
Indenture to Lease dated July 11 1983 and amended June 21, 1988
be further amended as follows
(1) That Article II be deleted in its entirety and replaced with
the following;
ARTICLE II
(A) TO HAVE AND TO HOLD the demised premises unto the
Lessee for a period commencing August 1, 1991 and ending August
33, 1991.
(B) Lessee shall have the right to continue in possession
and to renew this lease on a month-to-month basis commencing
September 1, 1991 without prior notice to the Lessor, upon
payment in advance on the first day of each and every month of
the monthly rent due as provided in Article III hereof. Lessee's
right to renew shall continue through and including July 30,
1993.
(C) This lease can be terminated by either party by
providing thirty (30) days notice.
(D) This lease shall terminate and Lessee shall surrender
possession of the premises to the Lessor on August 1, 1993.
(2) THAT except for the foregoing, said Indenture of Lease, ,
dated July 1, 19830 between the City of Bangor and Maine
Laminates, Inc., will remain in full force and effect in all
other respects between the undersigned.
IN WITNESS WHEREOF, the parties hereto have set their
hands and seals the day and year written above.
WITNESS: CITY OF BANGOR
Bya
Its City Manager
NAIN NATES, INC.
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