AgreementLEASE AGREEMENT
This lease agreement made and entered into this 14 dayof
ptember, 1962, by and between THE CITY OF SALINA, KANSAS, a
icipal corporation, hereinafter referred to as the Lessor, and
he Whittaker Advertising Company, Inc., of Salina, Kansas,
ereinafter referred to as the Lessee, WITNESSETH:
The Lessor does by this agreement hereby lease and demise
to the Lessee the north two feet of the following described
rty, to -wit:
The South For (90) feet of Lot Ninety-seven (97) and
the North Half (ND of Lot Ninety-nine (99) on Seventh
Street in the original Town of Salina, Kansas,
for a term of one year beginning on the 1st day of September, 1962,1
nd terminating on the 31st day of August, 1963, for the uses and
ve
urposes hereinafter'specified, at a yearly rental of $ QO
per annum payable in advance.
IT IS MUTUALLY AGREED between.the parties hereto as follows:
1. .The Lessee shall have the option to extend this lease
from year to year upon the same terms and conditions as herein set
forth, however, after five years from the date hereof, the yearly
rental shall be subject to adjustment by mutual agreement of the
ties hereto.
2. The Lessee shall have the right to install advertising
bill boards on said leased premises and to affix thereto and main-
tain and/or illuminate painted and/or electrical advertising signs
of all kinds and that the signs, structures and equipment placed
upon the said premises by the Lessee shall remain the property of
and may be removed by the Lessee at any time prior to the expira-
tion of this lease or any extention thereof.
3. In no event shall said signs or bill boards extend
beyond the parking meters now located on .the north side of the
above described premises.
4. Lessee covenants and agrees to indemnify and save harm-
less the Lessor against all loss, costs or damages from any and a
claims and suits or other actions on account of injury to persons
or property which might arise out of the Lessee's erecting,
painting, operating and maintaining of said signs.
IN WITNESS WHEREOF the parties have hereunto set their
hands the day and year first above written.
THE CITY OF SALINA, KANSAS
BY
'.-
Mayor
ATTEST:
City "Clerk
WHITTAKER ADVERTISING-CO.,IN
BeT-
o President
ATTEST:
Secretary