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#2640/2641 Final Council Approval 10-19-2001
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2040 Wayzata Boulevard West - 34-118-23-21-0036 - (Orono HRA)
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2040 Wayzata Blvd Land Use - Dunbar
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Dunbar Project 2000 - File Cabinet 1
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#2640/2641 Final Council Approval 10-19-2001
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Last modified
8/22/2023 4:55:34 PM
Creation date
10/20/2021 12:32:33 PM
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x Address Old
House Number
2040
Street Name
Wayzata
Street Type
Boulevard
Street Direction
West
Address
2040 Wayzata Boulevard West
Document Type
Land Use
PIN
3411823210036
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gig <br /> unforeseeable, and of every kind and nature whatsoever that may be necessary in or <br /> about the operation of the Improvements shall be the responsibility of Tenant. <br /> 3.3 Manner of Payment. Rent payable to Landlord shall be paid to <br /> Landlord in immediately available funds of the United States of America at the office <br /> of Landlord set out in Section 9.1 or at such place and to such party as Landlord may <br /> from time to time designate. Except as otherwise provided, Rent that has accrued <br /> prior to the expiration or earlier termination of this Lease shall be absolutely net to <br /> Landlord throughout the Term without offset or deduction. Tenant's obligation to pay <br /> Rent that has accrued prior to the expiration or earlier termination of this Lease shall <br /> survive the expiration or earlier termination of this Lease. <br /> ARTICLE 4 <br /> TENANT'S COVENANTS <br /> 4.1 Tenant's Equipment. All Tenant's Equipment shall be the property of <br /> Tenant, Tenant's tenants or any lessor of such equipment. Landlord shall have no <br /> interest in Tenant's Equipment. Landlord shall not be responsible for any loss or <br /> damage to Tenant's Equipment except to the extent caused by Landlord's wrongful act <br /> or negligence. <br /> 4.2 Maintenance. Tenant shall at Tenant's expense maintain the <br /> Improvements and, to the extent imposed by law on adjacent property owners, the <br /> adjacent sidewalks and curbs in good order and condition, ordinary wear excepted, <br /> and in compliance with legal requirements. <br /> 4.3 Repairs. Tenant shall make all necessary or appropriate capital and <br /> operating repairs and replacements and renewals to the Improvements, interior and <br /> exterior, structural and non-structural, ordinary and extraordinary, and foreseen and <br /> unforeseen sufficient for proper operation thereof using materials of good quality. <br /> The need for or appropriateness of such repairs, replacements and renewals and the <br /> quality of the materials used in accomplishing the same shall be in accordance with <br /> the reasonable standards of prudent operators of similar facilities. <br /> 4.4 Nondiscrimination; Restrictions on Use. Tenant covenants that during <br /> the Term, (i) it shall permit the Development to be used only for residential rental <br /> housing and may rent units in the Development only to persons who are 62 years of <br /> age or older, and(ii) (the "Senior Housing Restriction"). In addition, the Developer <br /> shall to the extent permitted by law give preference in the rental of units to persons <br /> who are residents or former residents of the City, persons who have a child who is a <br /> resident of the City and persons who have at any time been full time employees of the <br /> City or an agency or department of the City (the "Orono Preference Requirement"). <br /> The Senior Housing Restriction shall apply to all units. The Orono Preference <br />
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