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14-1035 Approving Extension to Lease Agreement with Congressman Labrador for Use of City Hall Office Space 2W CITY OF MERIDIAN RESOLUTION NO. 14- �� J BY THE CITY COUNCIL: BIRD, BORTON, CAVENER, MILAM, ROUNTREE, ZAREMBA A RESOLUTION APPROVING AN EXTENSION OF THE LEASE AGREEMENT BETWEEN THE CITY OF MERIDIAN (LESSOR) AND CONGRESSMAN RAUL LABRADOR (LESSEE) FOR A TWO YEAR LEASE TERM EXTENSION FOR APPROXIMATELY 1,812 SQUARE FEET OF OFFICE SPACE AT THE MERIDIAN CITY HALL, 33 EAST BROADWAY, MERIDIAN IDAHO TO BE USED FOR A LOCAL CONGRESSIONAL STAFF OFFICE; AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE AND ATTEST SAID AGREEMENT ON BEHALF OF THE CITY OF MERIDIAN; AND PROVIDING AN EFFECTIVE DATE. BE IT RESOLVED BY THE MAYOR AND CITY COUNCIL OF MERIDIAN, IDAHO WHEREAS, the City of Meridian has approximately 1,812 square feet of office space at the Meridian City Hall that is currently leased to Congressman Raul Labrador as approved by Resolution 10-767 and renewed by Resolution 12-902; and, WHEREAS, the City of Meridian has no immediate plans to use the 1,812 square feet of space for City business and Congressman Raul Labrador desires to renew the lease for an additional two years. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF MERIDIAN, IDAHO AS FOLLOWS: SECTION 1. The 1,812 square feet of space in Meridian City Hall described in the lease agreement amendment between Congressman Raul Labrador and the City of Meridian is not otherwise needed for City purposes. SECTION 2. That the terms of the District Office Lease Amendment and Attachment (attached hereto and incorporated herein) between Congressman Raul Labrador and the City of Meridian are just and equitable, and the same is hereby approved as to both form and content. (Copies of the original District Office Lease and Local Addendum being amended are attached hereto for reference). SECTION 3. That the Mayor and City Clerk be, and they hereby are, authorized to respectively execute and attest said Lease Agreement for and on behalf of the City of Meridian. SECTION 4. This Resolution shall be in full force and effect immediately upon its adoption and approval. ADOPTED by the City Council of the City of Meridian, Idaho, this day oof� IoIv . 014. APPROVED by the Mayor of the City of Meridian, Idaho, this - I day of IJPUt�r014. ATTES 0 Mayor RESOLUTION APPROVING AN EXTENSION OF THE LEASE AGREEMENT BETWEEN THE LABRADOR s Weerd city d S E`� SEAL V.S..7fouse of Representatives Washington, D.C. 20515 District Office Lease Amendment (Page 1 of 2 —114' Congress) 1. Prior Lease Term. The undersigned Landlord ("Lessor") and Member of the U. S. House of Representatives ("Lessee") agree that they previously entered into a District Office Lease ("Lease") (along with the District Office Lease Attachment), which covered the period from Ja„ua y °, 215 to Jaivai y 2, 2017 fff-or te lease oofice space located at 33 E. Broadway Ave. Suite 251 in the city, state and ZIP of Meridian. ID 83642 2. Extended Term. If applicable, the above referenced Lease is extended through and including January 2 2017 . (This District Office Lease Amendment ("Amendment") may not provide for an extension beyond January 2, 2017, which is the end of the constitutional term of the 110' Congress.) 3. Rent and Any Other Changes. The monthly rent for the extended term of the Lease shall now be $1,661.00 . All other provisions of the existing Lease shall remain unchanged and in full effect, except for the following additional terms, which are modified as indicated in the space below [If no additional terms are to be modified, write the word "NONE" below]. lkqEel \1A 4. District Office Lease Attachment for 114th Congress. This Amendment shall have no force and effect unless and until accompanied by an executed District Office Lease Attachment for the 114°i Congress and the District Office Lease Attachment for the 114h Congress attached hereto supersedes and replaces any prior District Office Lease Attachment. 5. Counterparts. This Amendment may be executed in any number of counterparts and by facsimile copy, each of which shall be deemed to be an original but all of which together shall be deemed to be one and the same instrument. 6. Section Headings. The section headings of this Amendment are for convenience of reference only and shall not be deemed to limit or affect any of the provisions hereof. [Signature page follows. ] V.S. Mouse of Representatives Washington, D.C. 20515 District Office lease Amendment (Page 2 of 2 —1 W Congress) IN WITNESS WHEREOF, the parties have duly executed this District Office Lease Amendment as of the later date written below by the Lessor or the Lessee. Tammy DeWeerd, The City of Meridian, an Idaho Municipal Corporation Raul R. Labrador in Print Name of LessorlLandlordlCompany Print Name of Lessee Name: Title: Lessor Signature Date Lessee Signature Date This District Office Lease Amendment must be accompanied with an executed District Office Lease Attachment N V.S. Abuse of &presentatives Washington, D.C. 2AA0..5115 it (Page 2 of 2 —114' Congress) IN WITNESS WHEREOF, the parties have duly executed this District Office Lease Amendment as of the later date written below by the Lessor or the Lessee. Tammy DeWeerd, The City of Meridian, an Idaho Municipal Corporation Raul R. Labrador Print Name Print Name of Lessee L or ignatureLessee Signature Name: I Cu. k)� Title:L2-- \zjC? Date Date This District Office Lease Amendment must be accompanied with an executed District Office Lease Attachment ti.S. Yfouse of Representatives Washington, D.C. 20515 District Office Lease Attachment (Page 1 of 4 —114"' Congress) 1. Incorporated District Office Lease Attachment. Lessor (Landlord) and Lessee (Member/Member-Elect of the U.S. House of Representatives) agree that this District Office Lease Attachment ("Attachment") is incorporated into and made part of the Lease ("Lease") and, if applicable, District Office Lease Amendment ("Amendment") to which it is attached. 2. Performance. Lessor expressly acknowledges that neither the U.S. House of Representatives (the "House") nor its Officers are liable for the performance of the Lease. Lessor further expressly acknowledges that payments made by the Chief Administrative Officer of the House (the "CAO") to Lessor to satisfy Lessee's rent obligations under the Lease — which payments are made solely on behalf of Lessee in support of his/her official and representational duties as a Member of the House — shall create no legal obligation or liability on the part of the CAO or the House whatsoever. Lessee shall be solely responsible for the performance of the Lease and Lessor expressly agrees to look solely to Lessee for such performance. 3. Modifications. Any amendment to the Lease must be in writing and signed by the Lessor and Lessee. Lessor and Lessee also understand and acknowledge that the Administrative Counsel for the CAO ("Administrative Counsel") must review and give approval of any amendment to the Lease prior to its execution. 4. Compliance with House Rules and Regulations. Lessor and Lessee understand and acknowledge that the Lease shall not be valid, and the CAO will not authorize the disbursement of funds to the Lessor, until the Administrative Counsel has reviewed the Lease to determine that it complies with the Rules of the House and the Regulations of the Committee on House Administration, and approved the Lease by signing on page 4 of this Attachment. 5. Payments. The Lease is a fixed term lease with.monthly installments for which payment is due in arrears on or before the end of each calendar month. In the event of a payment dispute, Lessor agrees to contact the Office of Finance of the House at 202-225-7474 to attempt to resolve the dispute before contacting Lessee. 6. Void Provisions. Any provision in the Lease purporting to require the payment of a security deposit shall have no force or effect. Furthermore, any provision in the Lease purporting to vary the dollar amount of the rent specified in the Lease by any cost of living clause, operating expense clause, pro rata expense clause, escalation clause, or any other adjustment or measure during the tern of the Lease shall have no force or effect. 7. Certain Charges. The parties agree that any charge for default, early termination or cancellation of the Lease which results from actions taken by or on behalf of the Lessee shall be the sole responsibility of the Lessee, and shall not be paid by the CAO on behalf of the Lessee. 8. Death, Resignation or Removal. In the event Lessee dies, resigns or is removed from office during the term of the Lease, the Clerk of the House may, at his or her sole option, either: (a) terminate the Lease by giving thirty (30) days' prior written notice to Lessor; or (b) assume the obligation of the Lease and continue to occupy the premises for a period not to exceed sixty (60) days following the certification of the election of the Lessee's successor. In the event the Clerk elects to terminate the Lease, the commencement date of such thirty (30) day termination notice shall be the date such notice is delivered to the Lessor or, if mailed, the date on which such notice is postmarked. V.S. Yfouse of Wppresentatives Washington, D.C. 20515 District Office lease Attachment (Page 2 of 4 —114'' Congress) 9. Term. The term of the Lease may not exceed the constitutional term of the Congress to which the Lessee has been elected. The Lease may be signed by the Member -Elect before taking office. Should the Member -Elect not take office to serve as a Member of the 114'' Congress, the Lease will be considered null and void. 10. Early Termination. If either Lessor or Lessee terminates the Lease under the terms of the Lease, the terminating party agrees to promptly file a copy of any termination notice with the Office of Finance, U.S. House of Representatives, B-245 Longworth House Office Building, Washington, D.C. 20515, and with the Administrative Counsel by e-mail at leases@mail.house.gov. 11. Assignments. Lessor shall not have the right to assign (by operation of law or otherwise) any of its rights, interests and obligations under the Lease, in whole or in part, without providing thirty (30) days prior written notice to Lessee, and any such purported assignment without such notice shall be void. Lessor shall promptly file a copy of any such assignment notice with the Administrative Counsel by e-mail at leases@mail.house.gov. 12. Sale or Transfer of Leased Premises. Lessor shall provide thirty (30) days prior written notice to Lessee in the event (a) of any sale to a third party of any part of the leased premises, or (b) Lessor transfers or otherwise disposes of any of the leased premises, and provide documentation evidencing such sale or transfer in such notice. Lessor shall promptly file a copy of any such sale or transfer notice with the Administrative Counsel by e-mail at leases@mail.house.gov. 13. Bankruptcy and Foreclosure. In the event (a) Lessor is placed in bankruptcy proceedings (whether voluntarily or involuntarily), (b) the leased premises is foreclosed upon, or (c) of any similar occurrence, Lessor agrees to promptly notify Lessee in writing. Lessor shall promptly file a copy of any such notice with the Office of Finance, U.S. House of Representatives, B-245 Longworth House Office Building, Washington, D.C. 20515, and with the Administrative Counsel by e-mail at leases@mail.house.gov. 14. Estoppel Certificates. Lessee agrees to sign an estoppel certificate relating to the leased premises (usually used in instances when the Lessor is selling or refinancing the building) upon the request of the Lessor. Such an estoppel certificate shall require the review of the Administrative Counsel, prior to Lessee signing the estoppel certificate. Lessor shall promptly provide a copy of any such estoppel certificate to the Administrative Counsel by e-mail at leases@mail.house.gov. 15. Maintenance of Common Areas. Lessor agrees to maintain in good order, at its sole expense, all public and common areas of the building including, but not limited to, all sidewalks, parking areas, lobbies, elevators, escalators, entryways, exits, alleys and other like areas. 16. Maintenance of Structural Components. Lessor also agrees to maintain in good order, repair or replace as needed, at its sole expense, all structural and other components of the premises including, but not limited to, roofs, ceilings, walls (interior and exterior), floors, windows, doors, foundations, fixtures, and all mechanical, plumbing, electrical and air conditioning/heating systems or equipment (including window air conditioning units provided by the Lessor) serving the premises. V.S. Yfouse of Representatives Washington, D.C. 20515 District Office Lease Attachment . (Page 3 of 4 —1141h Congress) 17. Lessor Liability for Failure to Maintain. Lessor shall be liable for any damage, either to persons or property, sustained by Lessee or any of his or her employees or guests, caused by Lessor's failure to fulfill its obligations under Sections 15 and 16. 1Rrnil:ol AIf—"....o Te....,.�.1...11....1,,.....-.:...:A..1 ..1 a_.t_1____�_.___-____ ____-__ i ��. ......... ...w. uumm. u..ou . mmn ... MAY ILIILim pIL014L.Ullb Lll IIIc LCGSCU PIC11IISUS, QS ICLIUCSLCU by Lessee and subject to Lessor's consent, which shall not be unreasonably withheld. The cost of such initial alterations shall be included in the annual rental rate. 19. Federal Tort Claims Act. Lessor agrees that the Federal Tort Claims Act, 28 U.S.C. §§ 2671- 80, satisfies any and all obligations on the part of the Lessee to purchase private liability insurance. Lessee shall not be required to provide any certificates of insurance to Lessor. 20. Limitation of Liability. Lessor agrees that neither Lessee nor the House nor any of the House's officers or employees will indemnify or hold harmless Lessor against any liability of Lessor to any third party that may arise during or as a result of the Lease or Lessee's tenancy. 21. Compliance with Laws. Lessor shall be solely responsible for complying with all applicable permitting and zoning ordinances or requirements, and with all local and state building codes, safety codes and handicap accessibility codes (including the Americans with Disabilities Act), both in the common areas of the building and the leased space of the Lessee. 22. Electronic Funds Transfer. Lessor agrees to accept monthly rent payments by Electronic Funds Transfer and agrees to provide the Office of Finance, U.S. House of Representatives, with all banking information necessary to facilitate such payments. 23. Refunds. Lessor shall promptly refund to the CAO, without formal demand, any payment made to the Lessor by the CAO for any period for which rent is not owed because the Lease has ended or been terminated. 24. Conflict. Should any provision of this Attachment be inconsistent with any provision of the attached Lease or attached Amendment, the provisions of this Attachment shall control, and those inconsistent provisions of the Lease or the Amendment shall have no force and effect to the extent of such inconsistency. 25. Construction. Unless the clear meaning requires otherwise, words of feminine, masculine or neuter gender include all other genders and, wherever appropriate, words in the singular include the plural and vice versa. 26. Fair Market Value. The Lease or Amendment is entered into at fair market value as the result of a bona fide, arms -length, marketplace transaction. The Lessor and Lessee certify that the parties are not relatives nor have had, or continue to have, a professional or legal relationship (except as a landlord and tenant). 27. District Certification. The Lessee certifies that the office space that is the subject of the Lease is located within the district the Lessee was elected to represent unless otherwise authorized by Regulations of the Committee on House Administration. V.S. Yfouse of Representatives Washington, D.C. 20515 District Office Lease Attachment (Page 4 of 4 —114' Congress) 28. Counterparts. This Attachment may be executed in any number of counterparts and by facsimile copy, each of which shall be deemed to be an original but all of which together shall be deemed to be one and the same instrument. 29. Section Headings. The section headings of this Attachment are for convenience of reference only and shah not be deemed to limit or affect any of the provisions hereof. IN WITNESS WHEREOF, the parties have duly executed this District Office Lease Attachment as of the later date written below by the Lessor or the Lessee. Tammy DeWeerd, The City of Meridian, an Idaho Municipal Corporation Raul R. Labrador Print Name of LessorlLandlord Lin Lessor Signature Name: Title: Date the Member's Office, who is the point of contact for questions? Print Name of Lessee Lessee Signature Date This District Office Lease Attachment and the attached Lease or Amendment have been reviewed and are approved, pursuant to Regulations of the Committee on House Administration. Signed Date (Administrative Counsel) 20 Sena completedjorms to: Administrative Counsel, 217 Ford House Office Building Washington, D. C. 20515. Copies may also be faxed to 202-225-6999. District Office Lease — hst WI= No leases can be signed before they have been approved by the Administrative Counsel. District Office Leases for the 112" Congress may not commence prior to January 3, 2011. Members should endeavor to lease space through the last day of a congressional term rather than the last day of a calendar year. For the 112'" Congress, leases should end on January 2, 2013, not December 31, 2012. • The opening paragraph has three blank lines to be filled in: 1. Landlord's name 2. Landlord's address 3. Member/Member-Elect's name • Paragraph 1 has four blank lines to be filled in: (1) Square footage of office that is being leased (optional); (2) Address of office being leased; (3) City, state and ZIP code where office is being leased; and (4) Number of parking spaces included (write "zero" if no parking spaces are included). • Paragraph 2 has two blank lines to be filled in: (1) Date lease begins and (2) Date lease ends (must be on or before January 2, 2013). • Paragraph 3 has one blank line for the monthly rent amount (write "zero" if no rent is to be paid). • Paragraph 4 has one blank line — the number of days notice required for either party to terminate the lease before the end of the term. A standard period is 30 days, but any figure is acceptable. If the lease may not be temdnated early, enter "N/A" in this blank. • Paragraphs 5-7 may not be altered or deleted. • Paragraph 8 has space provided to list any additional lease provisions. • Prior to signing a lease, the Member/ Member -Elect must submit the proposed lease, accompanied by a copy of the District Office Lease Attachment, to the Administrative Counsel for review and approval. If the proposed terms and conditions of the lease are determined to be in compliance with applicable law and House Rules and regulations, the Administrative Counsel will notify the Member/Member-Elect that (s)he may proceed with the execution of the lease. Please submit the proposed lease and District Office Lease Attachment either by inter -office mail (217 Ford House Office Building), e- mail (leases@mail.house.gov), or fax (202-225-6999). • The Member/ Member -Elect Is required to personally sign the document. • A signed and dated District Office Lease Attachment must accompany this lease. • Once signed by both parties, the Lease (and the Attachment) must be submitted to Administrative Counsel for final approval (217 Ford House Office Building). It may be faxed to 202-225-6999, but the original still must be submitted after faxing. • If approved, Counsel will send it to Finance so that payment can begin. If there are errors, you will be contacted and required to correct them before the lease is approved. 1. V.S. Zouse offpresentatives Washington, D.C. 70515 mgm aft um (Pape 1 oft—verelon 1.12) Pursuant to 2 U.S.C. 4 57, and the Regulations of the Committee on House AdmiWstratirm (as modified from time tu time by Committee Order) relating to office apace in t,....,. are..:_.. The City of Maddtan, an Idaho Munldpal Corporation 33 Fast Broadway Avenue, Meridian Id 83642 (Landlord's name) CT.ESSORoD, and Raul Labrador Representatives CIESSEEI, agree a follows: 1812 (Landlord's street address, city, slate, ZIP code) a Member/Member-Elect of the U.S. House of I. LESSOR shall lease to LESSEE square feat of office apace located at Suite 251 at 33 East Broadway Avenue in the city, date and 23P code of (office street address) Meridian, Idaho 83642 The Lease includes staff (office city. state and ZIP) perking spaces, which are ❑assigned or ✓Qum isaigned (plow check ole). 2. LESSEE shall have and hold the leeaed premises for the penod begimning January 3 2011 and ending January 2 . 20 13 . The term of this District Office Lease C LEASE'j may not exceed two years and may not extend beyond January 2, 2013, which is the and of the constitutional term of the Congress to which the Member is elected 3. The monthly rent shall ba $1,661,00 _ and is Payable in aureate on or before the last day of each calendar month. Rent payable under this LEASE shall be prorated on a daily basis for any fraotion of a month of occupancy. 4. This LEASE may be terminated by either lady lift 30 days Prior written notice to the other party. The commencement date of such twmimation notice shall be the date such notice is delivered or, if mailed, the date such notice is postmarked. 5. During the effective term of this LEASE, tent payments under paragraph 3 shell be remitted to the LESSOR by the Chief Administrative Officer of the U.S. House of Representatives (°CAO 5 on behalf of the LESSEE. V.S. Mouse offt resentatives Waebington, D.C. 20515 to ubm (Pape 2 of 2 —version 1.12) 6. The District Office Lease Att dvwnt atdehed hereto is incorporated herein by refereoce, and this LEASE Shell bava ao force or effect unless and until accomPaniad by an executed District Office Lease Attachment 7. Any ameadmenta, e" Was or modifications to this LEASE inconsistent with Paragraphs I through 6 above strap have no force or effect to the extent of such inconaiateecy. 8. Additionally, the LESSOR and the LESSEE agree The city of Meddien, an Idaho Municipal Corpora8on Print Name (LESSOR / Landlord) SOR Signature (Date) Raul Labrador Z- Z-:?>— Zo/o (Date) This District Office Lease must be accompanied by an axecated District Qfflce Lease Attachment. LOCAL ADDENDUM TO DISTRICT OFFICE LEASE BETWEEN THE CITY OF MERIDIAN AND RAULLABRADOR The following additional terms and conditions shall be incorporated into the District Office Lease executed hetween tha no.r:oe s ..� _� .____ _ —_ y..„...... ,.., we yca wu w annuary 3, 2V11 through January 2, 2013 to the extent that they are not inconsistent with the terms of the District Office Lease or District Office Lease Attachment executed herewith: 1. Common Areas. Tenant shall have the non-exclusive right to use all common areas located within the Building, including, but not limited to, entrance ways, foyers, elevators and restrooms, breakroom, exercise room, locker rooms and other areas intended to be used in common by all of the tenants of the Building and their invitees, and the common areas located on the land on which the Building is situated, including, but not limited to, the parking lot and sidewalks adjacent to the Building and all other areas on such land intended to be used in common by all of the tenants of the Building and their invitees (collectively, ,Common Areas'). All persons authorized by Tenant to access the Building must arrange for an access card and parking pass from the City Human Resources Department and follow all usage rules related thereto. 2. General Use. The Premises shall be used only for the Local Congressional Office for staff of Rep. Raul Labrador and for no other use without the prior written consent of Landlord, which may be withheld in Landlord's sole discretion. Tenant shall not commit or allow to be committed any waste upon the Premises, or any nuisance or other act in or about the Premises that disturbs the quiet enjoyment of any other tenant in the Building. Tenant shall comply with all laws and regulations relating to its use or occupancy of the Premises or of the Common Areas. Tenant shall observe such rules and regulations for the Building as may be adopted by Landlord. 3. Surrender of Premises; Removal of Property. Upon expiration or termination of the Lease Term, whether by lapse of time or otherwise (including any holdover period), Tenant at its expense shall: (1) remove Tenant's goods and effects and those of all persons claiming under Tenant, (2) repair and restore the Premises to a condition as good as received by Tenant from Landlord or as thereafter improved, reasonable wear and tear excepted, and (3) promptly and peacefully surrender the Premises (including surrender of all improvements installed in the Premises by Landlord or Tenant, except Tenant's trade fixtures that do not become part of the Building). 4. Tenant's Improvements. In the event that Tenant desires to undertake any improvements over and above Landlord's Improvements at Tenant's sole cost, Tenant shall do so only with the written approval of Landlord, such approval being in Landlord's sole discretion. Any such improvements shall be performed in a good and workmanlike manner in compliance with all applicable laws, codes and regulations, and all materials used shall be of a quality comparable to those in the Premises and the Building and shall be in accordance with plans and specifications approved by Landlord. All improvements (except Tenant's trade fixtures that do not become a part of the Building) shall remain in and be surrendered with the Premises at the expiration or sooner termination of this Lease. 5. Services and Maintenance 5.1 Basic Services. Landlord shall provide mechanical, cooling, heating and ventilation during "Normal Business Hours," which means 7:00 a.m. to 6:00 V. on ,y.-1-4— - ' "yam, ex�.uumg legal holidays. Landlord shall provide cooling, heating and ventilation at times other than Normal Business Hours upon Tenant's request and with reasonable notice to Landlord, and Tenant shall pay the costs thereof. If Tenant has special mechanical, cooling, heating, ventilation, electrical or other requirements, then the cost of furnishing, installing, operating and maintaining the equipment and appurtenances (including separate meters if required by Landlord to satisfy these requirements) shall be home by Tenant. Landlord shall not be liable for any loss or damage caused by or resulting from any variation, interruption or failure of such services unless caused by the negligence or wilful misconduct of Landlord, and no temporary interruption or failure of such services incident to the making of repairs, alterations or improvements or due to accident or strike conditions shall be deemed an eviction of Tenant or relieve Tenant from any of Tenant's obligations hereunder. 5.2 Basic Utilities. Landlord shall famish water, sewer, electricity and natural gas service to the Premises and the cost of such utility service, including costs based on consumption, shall be the expense of Landlord. 5.3 Additional Utilities. Tenant shall purchase all other utility services, including but not limited to telephone, cable, internet, and television services desired by Tenant from the utility or municipality providing such service, and shall pay for such services when such payments are due. 5.4 Janitorial Services. Landlord agrees to furnish daily janitorial service for Tenant. Such service shall include sweeping or vacuuming of unrestricted floor areas in offices, emptying of waste paper receptacles and cleaning of restroom areas. 6. Entry and Inspection. Landlord at all reasonable times (and at any time in case of emergency) may enter the Premises for the purpose of inspection, cleaning, repairing, altering or improving the Premises or the Building subject to Tenant's reasonable security requirements. Landlord shall have the right at reasonable times to enter the Premises for the purpose of showing the Premises to any prospective tenants of the Building. 7. Business Interruption; Property of Tenant. No damages, compensation or claims shall be payable by Landlord for inconvenience, loss of business or annoyance arising from any repair or restoration of any portion of the Premises or the Building. Landlord will not carry insurance of any kind on any property of Tenant, including inventory, equipment, floor, ceiling and wall coverings, furniture and trade fixtures, and any improvements to the Premises that are paid for by Tenant and Landlord shall not be obligated to repair any damage thereto or replace the same. & Signs. Landlord agrees to place Tenant's name on the marquis board(s) located in the Building Common Areas using the design scheme established for the Building. The marquis signs provided by Landlord shall be the only Tenant identification allowed and Tenant shall not place on the exterior of the Premises or the Building or on any part of the interior of the Premises visible from the Building Common Areas any text, sign, graphic, decoration, or advertising matter. IN WITNESS WHEREOF, the Landlord and the Tenant have signed their name and affixed their seals the day and year first above written. TENANT: By Congre an Raul Labrador LANDLORD: By / Mayo arm y de Weerd o`M Attest: Orr ��� 0/q y SEAL