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Land Lease Agreement with Ken Hamilton dba Ken Hamilton PresentationsLAND LEASE AGREEMENT THIS LEASE, made and entered into this �` day of 1995, by and between the CITY OF MERIDIAN, a municipality and political subdivision of the State of Idaho, hereinafter referred to as Lessor, party of the first part, and Ken Hamilton d/b/a KEN HAMILTON PRESENTATIONS, hereinafter referred to as Lessee, party of the second part, W I T N E S S E T H: FOR AND IN CONSIDERATION of the rentals hereinafter provided, and the covenants and agreements hereinafter set forth, Lessor hereby leases and demises to Lessee, for the term herein stated, the property, described in Exhibit "A" hereto, by this reference incorporated herein as if set forth in full, which shall be hereinafter referred to as the "leased premises" for the convenience of the parties hereto. This agreement is subject to the following terms and conditions to which the parties mutually agree: TERM: This lease agreement shall be effective upon its execution until December 31, 1999, subject to LESSOR'S right to terminate the term of this lease as herein below set forth. RENTAL: As rental for the leased premises, Lessee agrees to pay Lessor, at the address hereafter provided for giving notice to Lessor, the sum of TWO HUNDRED FIFTY AND N0/100 DOLLARS ($250.00) per year for the term of this lease agreement which shall be payable on January 2, of each year, commencing January 2, 1995. NO RIGHT OF FIRST REFUSAL ON SALE: In the event Lessor decides to sell the above described premises, it is understood and agreed that Lessor has not granted to Lessee a right to purchase the premises; it is specifically understood that in the event Lessor does sell the said property, it will have to be sold to the highest bidder but that Lessee may bid on the property. USE OF THE PREMISES: It is understood Lessee may use the property as a parking area and/or for an extension of the "pit" area; LESSEE shall install a walk-through gate leading to the Storey Park; Lessor and Lessee shall each have keys and shall lock and unlock the east bypass gate according to their respective uses; that the north gate to the leased property shall be open during the racing season of the Meridian Speedway during the race season from 9:00 o'clock a. m. to 5:00 o'clock p. m.; that LESSEE has the option and right to fence off the leased property from the Meridian Speedway stadium; that the LESSOR may use the non -paved area of the "pit" area if it desires to if prior written notice and arrangements, written or non -written, are made with LESSEE. It is agreed that this parcel of property is land owned by the Lessor; that its purchase and maintenance by Lessor was facilitated with the assistance of funds from the United States Bureau of Outdoor Recreation and the Lessor is not to use, or allow, this land to be used for a profit. It is therefore, agreed that Lessee may have the use of the land for parking and other uses, but Lessee agrees that he shall not charge a price for parking on the land or for any other use of the land. MAINTENANCE AND REPAIRS: Lessee shall be totally responsible for all maintenance and repairs on the premises. EXPENSES AND.UTILITIES: Lessee shall pay any and all expenses CITY OF MERIDIAN - HAMILTON PRESENTATIONS LEASE PAGE 2 of every nature accruing by reason of Lessee's use and occupancy of the leased premises. DESTRUCTION OR DAMAGE: Lessee shall have the total risk of loss or damages to the leased premises. EMINENT DOMAIN: In the event that any governmental entity other than Lessor shall take the premises by use of eminent domain the Lessor shall receive the value of the land. INSURANCE AND INDEMNITY: Lessee agrees that he will, and he does hereby, indemnify and save Lessor harmless from all claims, judgments, demands and liability of any person or parties whatsoever resulting from any occurrence, injury or accident arising as a result of the negligence of the Lessee, his employees or agents, which takes place during the term of this lease agreement on or about the premises. Lessee shall obtain liability, premises and on -premises medical insurance insuring Lessee with Lessor named as an additional insured on the premises and any buildings located thereon, such policy or policies of insurance shall have a minimum limit of $500,000.00 or such other amount as Lessor shall designate. Lessee shall furnish copies of all insurance policies to Lessor and all renewals thereof, and shall keep all such policies in a current status. TERMINATION OF TERM: As stated above in the paragraph TERM, LESSOR may terminate the term of this lease if the United States Bureau of Outdoor Recreation determines that this Lease or the use of the property, by LESSOR or LESSEE, violates any of the terms Of the grant with which the LESSOR was able to acquire the property; if the term of the lease is terminated for the reason herein CITY OF MERIDIAN - HAMILTON PRESENTATIONS LEASE PAGE 3 stated, LESSOR shall refund to LESSEE that portion of the lease payment for the year, on a pro rata basis, for the time period that LESSEE was unable to use the property. TERMINATION UPON DEFAULT: In the event of default of this lease agreement the Lessor shall give written notice of such default to the Lessee by postage prepaid, certified mail. If the Lessee's violation of the lease shall continue for thirty (30) days, the lease may at once be terminated by a second notice to the Lessee by postage prepaid certified mail that the lease is terminated. This lease shall terminate as follows: a) At the expiration of the term provided herein; b) Upon determination of the Lessor that the Lessee has failed to observe any of the conditions, exceptions or reservations or to fulfill any of the provisions set out in this agreement; c) At the option of the Lessor on the discontinuance of use of the leased premises by the Lessee; or d) By the mutual agreement of the parties hereto. OTHER MATTERS: a. Nothing herein contained shall be construed to create the relationship of partners, joint venturers, or parties to any joint enterprise in any manner between Lessor and Lessee. b. In construing this Lease, the singular shall include the plural, and the neuter gender shall include the masculine and feminine, all as the context may require. C. In the event either party is required to institute any legal action in order to enforce any of the rights, agreements, covenants or conditions herein contained, the prevailing party in such litigation shall be entitled to recover such party's reasonable attorney fees from the other party, together with costs of suit, the amounts thereof to be fixed by the Court in such legal action. d. The forbearance or failure of any party hereunder to give prompt notice of default or termination of this Lease by reason of any act, omission or occurrence, or to strictly CITY OF MERIDIAN - HAMILTON PRESENTATIONS LEASE PAGE 4 enforce any covenant hereof, shall not be deemed a waiver of any of the provisions of this lease agreement as regards any other or further such default or breach, act, omission or occurrence, nor shall consent or approval of Lessor given in one instance be construed to waive the necessity for such consent or approval as regards any other or further similar act by Lessee, unless such intention be expressly stated in writing by Lessor. e. In the event any clause or provision of this Lease is declared by any Court to be invalid or unenforceable for any reason, such invalid or unenforceable clause or provision shall not affect the whole of this instrument, but the balance of the provisions hereof shall remain in full force an effect. f. All of the provisions hereof shall enure to the benefit of and shall be binding upon, the heirs, executors, administrators, personal representatives, successors and assigns of all parties. NOTICES: All notices hereunder shall be in writing and shall be deemed given when personally delivered to the employee or managing agent in charge of the receiving party's business premises. at the time of service thereof, or when deposited in the United States mail, postage fully prepaid, by certified mail, addressed to such other party as follows: NOTICES TO LESSOR: NOTICES TO LESSEE: QUIET ENJOYMENT BY LESSEE: WILLIAM G. BERG, JR. CITY CLERK 33 EAST IDAHO MERIDIAN, IDAHO 83642 Ken Hamilton P. 0. Box 150 Meridian, Idaho 83680 Upon performing all of its duties and obligations hereunder in accordance with the terms and conditions of this Lease, Lessee shall be entitled to quietly and peaceably have, hold, occupy, possess, and enjoy the leased premises during the term hereof, without hinderance or ejection by CITY OF MERIDIAN - HAMILTON PRESENTATIONS LEASE PAGE 5 persons lawfully claiming under Lessor. ASSIGNMENT AND SUBLEASE: Neither this lease agreement, nor any interest in the leased premises may be assigned or in any manner transferred by Lessee, without the prior approval of Lessor expressed in writing. IN WITNESS WHEREOF, this lease agreement has been duly executed by the respective parties, the day and year first above written. LESSOR: CITY OF MERIDIAN, a municipality and political subdivision of the St to of Id BY 0' Grant P. Kingsford, Mayor \\ ov� a !!llli� ii G ,2G��FsUf�4 TFO ATTEST: SEAL _ City Clerk, Willi -"/Berg, Jr. L{�,� SCP LESSEE: Ken Hamilton CITY OF MERIDIAN - HAMILTON PRESENTATIONS LEASE PAGE 6 STATE OF IDAHO, Ss. County of Ada, On this // day of Z�L;, 1995, before me, the undersigned, a Notary Public ([n and for said State, personally appeared the Mayor and City Clerk, respectively, of the CITY OF MERIDIAN, a municipality and political subdivision of the State of Idaho, known to me to be the entity that granted the authority to the said individuals to subscribe their names to the within and foregoing instruments in their capacity as Mayor and City Clerk, and acknowledged to me that they executed the same in the name of the CITY OF MERIDIAN. IN officia written. WITNESS WHEREOF, I have hereunto set my hand and affixed my 1 seal the day and year in this certificate first above rY.,cnzafsrrar ♦ 7 ( SEAL ) STATE OF IDAHO,) BB. County of Ada, ) C PUBLIC FOR IDAHO Lng at Meridian, Idaho cow ,, %ss,aw C�/reu a8� s/99 ; _'Jk` a On this `) day of 1995, before me, the undersigned, a Notary Publi in and for said State, personally appeared Ken Hamilton, known to me to be the person who subscribed his name to the within and foregoing instrument and acknowledged to me that he executed the same. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written. A ( SEAL ) N ARY PU LIC., IHO Re'*iding ate.' _' CITY OF MERIDIAN - HAMILTON PRESENTATIONS LEASE PAGE 7 CITY OF MERIDIAN "Hub of Treasure Valley" 33 E. Idaho Meridian, Idaho 83642 888-4433 Order No. •� Date Name t -h Address �3' ��QQ �j tGLlrp,?� 05 662 Phone: f SO BY CASH C.O.D. CHARGE ON ACCT. MDSE. RETD. PAID OUT -I AdICC I I I I I I I I � � r I r I I All claims and returned 'goods MUS be accompanied by this bill. TAX I 0 010 47 4 RBeceiv TOT 2.5,0 i co GS -202-2 PRINTED IN U.S.A. vxixrto witx SOYINK„ � - _ 1. KEN HAMILTON PRESENTATIONS 3996 P. O. BOX 158 335 E. 1ST, S. 888-2813 �¶ MERIDAN, ID 83642 C, 92-155/1247 PAY DATETO THE ORDER OF d Q I I $ a - -cµV/ DOLLARS 8 I -nk National Association VOID AFTE 90 -GAYS : Bolsa, Idaho 83701 180o-KEv2 * FOR 111013996112 1: 1 24 10 15 5 V-42 10 29 28 9u■ - - - --- -- - - r Q W Q O W W 0. Z Q 0 W H W W W WILLIAM G. BERG, JR., City Clerk JANICE L. GASS, City Treasurer GARY D. SMITH, P.E., City Engineer BRUCE D. STUART, Water Works Supt. JOHN T. SHAWCROFT, Waste Water Supt. DENNIS J. SUMMERS, Parks Supt. SHARI L. STILES, P & Z Administrator PATTY A. WOLFKIEL, DMV Supervisor KENNETH W. BOWERS, Fire Chief W.L. "BILL- GORDON, Police Chief WAYNE G. CROOKSTON, JR., Attorney HUB OF TREASURE VALLEY A Good Place to Live CITY OF MERIDIAN 33 EAST IDAHO MERIDIAN, IDAHO 83642 (208) 8884433 • FAX (208) 8874813 Public Works/Building Department (208) 887-2211 Motor Vehicle/Drivers License (208) 8884443 ROBERT D. CORRIE Mayor December 2, 1996 Ken Hamilton Ken Hamilton Presentations 335 E. 1 st Street P.O. Box 158 Meridian, ID 83680 888-2813 Dear Mr. Hamilton COUNCIL MEMBERS WALT W. MORROW, President RONALD R. TOLSMA CHARLES M. ROUNTREE GLENN R. BENTLEY P & Z COMMISSION JIM JOHNSON, Chairman KEITH BORUP JIM SHEARER GREG OSLUND MALCOLM MACCOY I have received your land lease payment for the 1997. It is also required for me to have "copies of all insurance policies and renewals thereof," submitted by you. At this current time, I have not received any of this information. Please submit this as soon as possible. I appreciate your promptness of this payment. If you have any questions, please don't hesitate to contact me. Sincerely William G. Berg, Jr. City Clerk of every nature accruing by reason of Lessee's use and occupancy of the leased premises. DESTRUCTION OR DAMAGE: Lessee shall have the total risk of loss or damages to the leased premises. EMINENT DOMAIN: In the event that any governmental entity other than Lessor shall take the premises by use of eminent domain the Lessor shall receive the value of the land. INSURANCE AND INDEMNITY: Lessee agrees that he will, and he does hereby, indemnify and save Lesser harmless from all claims, judgments, demands and liability of any person or parties whatsoever resulting from any occurrence, injury or accident arising as a result of the negligence of the Lessee, his employees or agents, which takes place during the term of this lease agreement on or about the premises. Lessee shall obtain liability, premises and on -premises medical insurance insuring Lessee with Lessor named as an additional insured on the premises and any buildings located thereon, such policy or policies of insurance shall have a minimum limit of $500,000.00 or such other amount as Lessor shall designate. Lessee shall furnish copies of all insurance policies to Lessor and all renewals thereof, and shall keep all such policies in a current status. TERMINATION OF TERM: As stated above in the paragraph TERM, LESSOR may terminate the term of this lease if the United States Bureau of Outdoor Recreation determines that this Lease or the use of the property, by LESSOR or LESSEE, violates any of the terms of the grant with which the LESSOR was able to acquire the property; if the term of the lease is terminated for the reason herein CITY OF MERIDIAN - HAMILTON PRESENTATIONS LEASE PAGE 3 CITY OF MERIDIAN "Hub of Treasure Valley" 33 E. Idaho Meridian, Idaho 83642 888-4433 Customer's prn&(/L Z 19 6 Order No. Date Name S 467,��-- Address�• 5$/� / Q33 Q/L1G�/Q/h� U3a,6o Phone: 5k CASH C.O.D. CHARGE ON ACCT. MDSE. RETD. PAID OUT a -072.33 -ao I I . I I I I I I I I' I I I I I I I All claims and returned goods MUST 1pe accompanied by this bill. TAX �! 006790 Becetve TOTAL GS -202 2 PRINTED IN U.S.A. nn••IIII l� I 7209 KEN HAMILTON PRESENTATIONS P. O. BOX 158 335 E. 1 ST, S. 888-2813 MERIDAN, ID 83642 92-155/1241 DATE 11-4 — I IL PAY TO THE ca ORDER OF � ,, We, B� LLARS a:.a.. <> MR Bo sei ,*Ida wI 8�i 1 1800-Kffv2 fO r ti FOR `99 7? �12a to 11800720911' i:L2410L5551:42 L02928 90 PAY TO THE ORDER OF GITY OF MERIDIAN "Hub of Treasure Valley" 33 E. Idaho Meridian, Idaho 83642 888-4433 customersI_&lp 19 Order No. ate/����� Name ` Jt%�► �J}'Gf yam° Address ??// Q /\ Y Ul% Phone: SOLD Y CASH C.O.D. #CHARGE ON ACCT. MDSE. RETD. PAID OUT v a T 1 a NMEMOa I GfJrLGt Lfi:�� I I I I I i i i I r I i i I i I I All claims and returned goods MUST accompanied by this bill. TAX 0 0 5 5 9 4 Received GS -2022 PRINTED JN U.S.A. KEN HAMILTON PRESENTATIONS P. O. BOX 158 335 E. 1ST, S. 888-2813 MERIDAN, ID 83642 Key Bank of Idaho oaaaw Broadway OKioe P.O. Box 2752 1D A 1T� 801W.Idahog3l I B 1-e0De7e-Ml FOR 11900 50 3411' 4 L 24 LO L 5 5 50. 2 10 29 M 911' r w DATE _q11 1 I/ 9 t_ 5034 92-155/1241 $ asp OFFICIALS WILLIAM G. BERG, Jr., City Clerk JANICE L. GASS, City Treasurer GARY D. SMITH, P.E. City Engineer BRUCE D. STUART, Water Works Supt. JOHN T. SHAWCROFT, Waste Water Supt. DENNIS J. SUMMERS, Parks Supt. SHARI S. STILES, P a Z Adm. KENNETH W. BOWERS, Fire Chief W. L. "BILL" GORDON, Police Chief WAYNE G. CROOKSTON, JR., Attorney April 14, 1995 Ken Hamilton HUB OF TREASURE VALLEY A Good Place to Live CITY OF MERIDIAN Ken Hamilton Presentations P.O. Box 158 Meridian, ID 83680 888-2813 RE: Land Lease Agreement Dear Ken, 33 EAST IDAHO MERIDIAN, IDAHO 83642 Phone (208) 8884433 a FAX (208) 887-4813 Public Works/Building Department (208) 887-2211 GRANT P. KINGSFORD Mayor COUNCILMEMBERS RONALD R. TOLSMA MAX YERRINGTON ROBERT D. CORRIE WALT W. MORROW P & Z COMMISSION JIM JOHNSON, Chairman MOE ALIDJANI JIM SHEARER CHARLIE ROUNTREE TIM HEPPER In reading the Land Lease Agreement between the City of Meridian and Ken Hamilton Presentations, I notice the requirement by the Lessee to furnish copies of all insurance policies to the Lessor. Please try and get this information to me by the time your season starts. Sincerely, 416, �— William G. Berg, Jr. City Clerk of every nature accruing by reason of Lessee's use and occupancy of the leased premises. DESTRUCTION OR DAMAGE: Lessee shall have the total risk of loss or damages to the leased premises. EMINENT DOMAIN: In the event that any governmental entity other than Lessor shall take the premises by use of eminent domain the Lessor shall receive the value of the land. INSURANCE AND INDEMNITY: Lessee agrees that he will, and he does hereby, indemnify and save Lessor harmless from all claims, judgments, demands and liability of any person or parties whatsoever resulting from any occurrence, injury or accident arising as a result of the negligence of the Lessee, his employees or agents, which takes place during the term of this lease agreement on or about the premises. Lessee shall obtain liability, premises and on -premises medical insurance insuring Lessee with Lessor named as an additional insured on the premises and any buildings located thereon, such policy or policies of insurance shall have a minimum limit of $500,000.00 or such other amount as Lessor shall designate. Lessee shall furnish copies of all insurance policies to Lessor and all renewals thereof, and shall keep all such policies in a current status. TERMINATION OF TERM: As stated above in the paragraph TERM, LESSOR may terminate the term of this lease if the United States Bureau of Outdoor Recreation determines that this Lease or the use of the property, by LESSOR or LESSEE, violates any of the terms of the grant with which the LESSOR was able to acquire the property; if the term of the lease is terminated for the reason herein CITY OF MERIDIAN - HAMILTON PRESENTATIONS LEASE PAGE 3 CITY OF. MERIDIAN "Hub of Treasure Valley" 33 E. Idaho Meridian, Idaho 83642 888-4433 Customer's -7' 19 75 Order No. Date Name Address 'AO -0• Q 2`idiah / 836 hone: SSS"'2glJ SOLD BY ' CASH C.O.D. CHARGE ON ACCT. I MDSE. RETD. PAID OUT r 1 i e P I I I � I I I t� 266 I I I All claims and returned goods MUST be accompanied.' by this bal. TAX 003839 By TOTAL TOTAL GS 202 2 PRINTED IN U.S.A. KEN HAMILTON PRESENTATIONS P. O. BOX 158 335 E. 1 ST, S. 888-2813 MERIDAN, ID 83642 PAY TO TH E ORDER OF. f LiI „ v " P.O. Box 2752 BANK Boa..IWNo, FOR-Iez: raj 110002466110 1:124101SSS442 102928 9110 2466 92-155/1241 301- 3l 19t�