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Northwest Fiber, LLC Dba Ziply Fiber ~ LE220001 ~ Lease Agreement - 8840 SW Burnham Street - Parking LEASE AGREEMENT L THIS LEASE is made and entered into this 12r day of February, 2022 ("EffectiveDate"), by and between the City of Tigard, an Oregon municipal corporation ("Lessee"), and Northwest Fiber, LLC dba Ziply Fiber, a Delaware limited liability company ("Lessor"). RECITALS A.L essor is the owner of the real property commonly known as 8840 SW Burnham Street Tigard, OR 97223 and further described on the attached and incorporated Exhibit A ("Property"). B.L essee desires to use that portion of the Property specifically depicted on Exhibit A ("Premises") for parking. C.L essor desires to lease the Premises to Lessee,and Lessee desires to lease the Premises from Lessor,on the terms and conditions set forth in this Lease Agreement ("Lease"). NOW THEREFORE, in consideration of the mutual covenants herein, the parties agree as follows: AGREEMENT 1. PROPERTY LEASED Lessor hereby leases the Premises to Lessee and Lessee hereby leases the Premises from Lessor subject to the terms and conditions of this Lease. 2. TERM OF LEASE The term of this Lease will be for a period of three (3) years, commencing on March 1, 2022 ("Commencement Date") and terminating February 28, 2025 (the "Initial Term"), subject however to extension as hereinafter provided, and further subject to termination as hereinafter provided. The Initial Term will automatically be extended for additional one (1) year terms on the anniversary of the Commencement Date, unless terminated pursuant to Section 8. 3. PAYMENT OF RENT Lessee agrees to pay Lessor monthly rent for the Premises in the amount of six hundred dollars ($600.00)per month. Lessee shall pay Lessor rent on or before the tenth (10"') day of each month as rent of the Premises during the month of payment. 4.1, ESSEE'S ACCEPTANCE OF LEASE Lessee accepts this Lease and agrees to pay the Rent stated herein for the full term of this Ziply Parking Lease 11 F' a c Lease, under the terms written above. S. CONDITION OF PREMISES Lessor makes no representations or warranties with respect to the condition of the Premises or the adequacy of the Premises for the Lessee's intended use. Lessee acknowledges and agrees that (i) it accepts the Premises at its sole risk; and (ii) it accepts the Premises "as is" and "with all faults." Lessor shall not be liable for any personal injury or property damage incurred by Lessee or any of its employees, agents, subcontractors or other representatives while on the Premises. G. USE OF PREMISES Lessee covenants and agrees that it will use the Premises solely and exclusively for the purpose of City personnel or fleet vehicle parking in accordance with the terms of this Lease, and for no other purpose without Lessor's prior written consent. Lessor agrees that Lessee's use of the Premises will be allowed at all times during the Term, i.e., twenty-four hours per day, seven days per week. 7. MAINTENANCE/REPAIRS Lessee agrees to, once during the Lease, restripe the front and rear parking lot within 9 months from the start of the lease and at a time mutually agreed upon by the Parties. Notwithstanding this obligation, Lessor is responsible for regular maintenance and repairs of the Premises to the same extent as its own Property. 8. TERMINATION OF LEASE After the initial three (3) year period, either Party may terminate this Lease upon one (1) year's written notice to the other Party. 9. NO USE OF HAZARDOUS SUBSTANCES No use, handling, storage,generation, creation, disposal, transportation, or discharge of any Hazardous Substances shall be permitted on or about the Premises by Lessee, its employees, agents, customers, or contractors. This restriction does not apply to ordinary office and janitorial supplies available over the counter for common use by members of the general public so long as such supplies are used, stored, disposed of, and transported in compliance with applicable law. As used in this Section, "Hazardous Substances" shall mean any substance, material or product defined or designated as hazardous, toxic, radioactive,dangerous or regulated wastes by any federal, state or local regulatory agency. 10. DEFAULT AND REMEDIES If(i) Lessee fails to pay any Rent when payment is due;or(ii) a Party fails to perform or observe any other covenant or agreement contained in this Lease, and such default continues for ten (10) days or more after written notice of such failure is given to the defaulting Party; the Party shall be in default under the Lease, and the non-defaulting Party, immediately or at any time thereafter,without demand or notice, may terminate Ziply Parking Lease 2 1 Page the Lease at the option of the non-defaulting Party by giving written notice of termination. 11. NOTICES All notices, bills and payments shall be made in writing and may be given by personal delivery or certified mail, return receipt requested. Payments may be made by personal delivery, mail, or electronic transfer. The following addresses shall be used to transmit notices, bills,payments, and other information: CITY OF TIGARD ZIPLY Attn: Facilities Manager Attn: Brian Jay Address: 13125 SW Hall Blvd. address: 135 Lake Street South Tigard, Oregon 97223 Kirkland, WA 98003 Phone: (503) 718-2588 Phone: (425) 739-1384 When so addressed, such communication shall be deemed given upon deposit in the United States mail, postage prepaid. In all other instances, notices, bills and payments shall be deemed given at the time of actual delivery. Changes may be made in the names and addresses of the person to whom notices, bills and payments are to be given by giving written notice pursuant to this paragraph. The parties agree that this process only applies to official notices required under this Lease, bills, and payments. 12. INDEMNITY Subject to the limits of the Oregon Tort Claims Act, Lessee shall indemnify, defend and hold harmless Lessor, its owners, directors, officers, employees, agents, other representatives and successors and assigns from all third-party claims suits, proceedings, judgments, damages and costs, including reasonable attorneys' fees and expenses, arising from or related to Lessee's use of the Premises, except to the extent such claim results from Lessor's negligence or willful misconduct. Lessee shall promptly notify Lessor of any claim and shall have sole responsibility for the defense and settlement of any claim. Lessee shall keep Lessor informed of and consult with Lessor with the status of the any claim including any litigation or settlement. Lessee shall not settle any claim without Lessor's consent if(i) settlement is part of any criminal proceeding; or (ii) contains a stipulation to or admission or acknowledgment of, any liability or wrongdoing (whether in contract, tort or otherwise) by Lessor requires any specific performance or non- pecuniary remedy by Lessor. Lessor shall have the right to participate in the defense of a claim with counsel of its choice at its own expense. 13. INSURANCE Lessee shall obtain and maintain at its expense the following insurance in the following amounts, with insurance companies possessing a minimum A.M. Best rating of A-VI. Alternatively, Lessee may be self-insured through a public entity risk pool: (a) Commercial General Liability insurance covering bodily injury (including Ziply Parking Lease 3 1 Page personal injury) and property damage with a combined single limit of not less than $3,000,000 per occurrence/annual aggregate. Such limit can be satisfied through any combination of primary liability and umbrella liability policies. All such insurance shall include contractual liability coverage for the performance by Lessee of its indemnity agreements; (b) Comprehensive Business Automobile Liability insurance covering bodily injury (including personal injury) and property damage for all such owned, hired or non-owned vehicles with a combined single limit of not less than $3,000,000 per event/annual aggregate. Such policies of insurance shall name Northwest Fiber, LLC as additional insureds on a primary and non-contributory basis. All such policies shall provide thirty (30) days' prior written notice to Lessor of any termination, cancellation or change in coverage or limits. Certificates of insurance shall be delivered to Lessor prior to Lessee's commencement of parking under this Lease and, without further request, at least twenty (20) days prior to the expiration of the term of each such policy. 14. SUCCESSORS AND ASSIGNS All rights, remedies, and liabilities herein given to or imposed upon either of the Parties hereto shall extend to,inure to the benefit of and bind, the Parties' permitted successors and assigns. Lessee may not assign this Lease or any rights or interests under this Lease without prior written consent of Lessor. This Lease shall be deemed automatically assigned to a successor of Lessor in the event of a (i) sale of all or substantially all of its assets, stock or other ownership interests, or (ii) merger, consolidation, reorganization or re- capitalization. 15. NON-WAIVER Waiver by either party of strict performance of any provision of this Lease shall not be a waiver of or prejudice the party's right to require strict performance of the same provision in the future or of any other provision. 16.ADHERENCE TO LAW Lessee shall adhere to all applicable federal, state and local laws, rules, regulations and ordinances. 17. MODIFICATION Any modification of this Lease shall be mutually agreed upon and reduced to writing. 18. GOOD FAITH The terms and conditions set forth in this Lease are for the benefit of both Parties. In the performance of the duties and obligations set forth herein, there is an obligation and duty of reasonable diligence and good faith imposed on the parties to fulfill the Ziply Parking Lease 4 1 Page terms, conditions and covenants in this Lease. 19. VENUE Washington County Circuit Court shall be the venue for an action or suit concerning the terms of this Lease. 20.APPLICABLE LAW This Lease shall be governed by and construed in accordance with the laws of the State of Oregon. 21. ENTIRE AGREEMENT It is understood and agreed that this instrument contains the entire agreement between the parties relating to the subject matter hereof IN WITNESS WHEREOF, the parties have executed this Lease effective on the Effective Date. CITY OF TIGAI{p Northwest Fiber, LLC dba ZIPLY Fiber By: By: —_— Name: Name: D10-111WILI, Its: Its: Ziply Parking Lease 5 1 Pa g e :Exhibit •�Ms � ,' .. *± 1 parking spaces ----------------------- 20 parking spaces i 4c �II t• JI