whittaker adv pkg lot 09-14-62LEASE AGREEMENT
This lease agreement made and entered into this 111-tdayof
ember, 1962, by and between THE CITY OF SALINA, KANSAS, a
icipal corporation$ hereinafter referred to as the Lessor, and
e Whittaker Advertising Company, inc,, of Salina, Kansas,
reinafter 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 Forty (40) feet of Lot Ninety-seven (97) and
the North Half (NJ) of Lot Ninety-nine (99) on Seventh
Street in the original Town of Salina, Kansas$
or a term of one year beginning on the 1st day of September, 1962,
d terminating on the 31st day of August, 1963, for the uses and
U°
rposes hereinafter specified, at a yearly rental of $ 0.0
er annum payable in advances
IT IS MUTUALLY AGREED between the parties hereto as follows:
1. The Lessee shall have the option to extend this lease
rom year to year upon the same terms and conditions as herein set
rth, however, after five years from the date hereof, the yearly
ental shall be subject to adjustment by mutual agreement of the
rties hereto.
2, The Lessee shall have the right to install advertising
bill boards on said leased premises and to affix thereto and main-
ain and/or illuminate painted and/or electrical advertising signs
f 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
yond 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 all
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.
ATTEST:
City Clerk
retary
THE CITY OF SALINA, KANSAS
✓r�r �
WHITTAKER ADVERTISING CO.,INC01
President
0
t' 'L41
. LS tfah' hGff$bIfiA1T ,
This l'easa.agresment made and entered into this �,L�y of
Saptamber,.,196'2„ by and between THE CITY OF SAy1NN,`HkpSAB0 a.
municipal corporation, hereinafterreforrod•to as the Lessor; and
tho Whittaker Advortlsing Company, '.inc., of,Salina' Nuns",:
_ - Hereinafter referred .to as the Lessee, WITNE.SSETH2
T'he. Lessor doeu,by this ugreemeiit•hereby laane,and demise
unto the.Leesee the. north trio fact of thc.fol lotving described '-
property. t46 -.wit:
The South_; rorty (40) feet of Lot :{Iaety-sevcn (97} and
the NortkHal.f fNA.) of Lot Nine.tyYn'iao (09) an Seventh
Vtteot.,is the original Town of Salina, Raneas,
Ior a term of one year beginning on'tbe.lwt day of Septembo,r, 1962,
and terminating on the 31st day of August. 1963. •tor the uses and
/ aao
purposes: hereinafter epeoifiad, at s yearly rental.o,f $1 "
per A4nnm payable in •advance.
IT I'S MUTUALLY AGREED between the parties hereto as follows-,
1. The:1'Seeo sha11 have the option. ,to extend th'ia lases
from year to year Upon the sate terms and`i:ooditiope as horein not
fo-rth, however, after'five yeare from the date hereof, the.ya'arly
rental. shall be eub,js ct .ta adjustaraat by mutual agreement of the
parties hereto,.<
2. The esiaoe ®hall••have the right,to Install advertising'
bill 'heard a'on said 14gleed, premises and to affix thereto,.apd main-
tain and/or tlluminiatb'p4 Atad and/or •electrical, advertising _Signs
of'all'kinds and that,%he signs,.atruotures and equipment placed
upon the said promises by -the Lessee shall:remdin the property of
and may, be removeo by.the Lessee at any time prior t4 the•expira-
tion of ,this•.leaea or any extention. thereof.
3.. In no event aball'said signs or billboards extend
beyond the parking motors now located on the north side' of the
above,doocilbed premises.