HomeMy WebLinkAbout19-036 Application19-035 - Cosmopolitan Bldg - 2323 Durwood - 201914372
1. Any new site development must comply with the City of Little Rock's minimal landscape and
buffer ordinance requirements.
2. Signage is to be reviewed and permitted separately.
3. Landscape plan is acceptable.
4. All landscape areas shall be protected as per City of Little Rock Landscape Ordinance (Sec. 15-
100). Mulch, edging, wheel stops, and/or concrete curb and gutter will be required.
5. All ground or roof mounted mechanical systems shall be screened from abutting properties and
streets. Any trash receptacles or pickup shall be oriented away from a primary street side of the
property and screened from the public right-of-way. Screen shall exceed the height of the
dumpster or trash containment areas by at least two (2) feet not to exceed eight (8) feet total
height.
6. The City Beautiful Commission recommends preserving as many existing trees as feasible on this
site. Credit toward fulfilling Landscape Ordinance requirements can be given when preserving
trees of six (6) inch caliper or larger.
PARKING LEASE
THIS AGREEMENT, made and entered into this � day of ,
2013 by and between Gibson Family Limited Partnership LLP and Ki berly Gibson,
who, whether one or more, will hereinafter be designated as Lessor, and Cosmopolitan
Foundation, Inc., who, whether one or more, will hereinafter be designated as Lessee,
hereinafter referred to together as "the Parties", WITNESSETH:
In consideration of the mutual covenants, promises and conditions as hereinafter
set forth, the Parties agree as follows:
Lessor hereby lease unto Lessee the premises for use only for vehicular parking
purposes the parking area located at Durwood Road, in the City of Little Rock,
State of Arkansas, and more particularly described on Exhibit "A" provided by
Lessor, attached and made a part hereof. No parking in spaces directly in front of
and to the North of Durwood Plaza Tenants. Lessee parking designated in yellow
on Exhibit "A" only.
2. The Lessee is given non-exclusive permission to occupy the Lease Area for the
purpose of parking for visitor, member, and invites in conjunction with their
attendance at meetings or other (the "Permitted Use") on the Lease Area and for
no other reason. Should the premises be used for another purpose, Lessor may
revoke and terminate this Agreement immediately and Lessee shall vacate and
surrender the premises to the Lessor immediately upon notification.
Lessee, for and in consideration of this Lease and the privilege and use granted by
Lessor to Lessee, hereby agrees and covenants with Lessors to pay as rent for the
Premises the sum of $100.00 per month for the initial Lease term. Rent is to be
paid in` advance on the first day of each month and delivered to: Durwood Plaza,
c/o Flake & Kelley Commercial, PO Box 990, Little Rock, AR 72203. If rent has
not been paid by the 1 Oh of the month in which it is due, 10% of the monthly
payment due will be assessed as a late charge.
4. The term of this Lease shall be for a period of One (1) Year beginning on May 1,
2013 and ending on April 30, 2014.
5. Lease Agreement will continue thereafter on a month to month basis with a three
percent (3%) increase in rent amount effective the lst day of May in every
subsequent year.
6. Lessor or Lessee shall have the right to cancel this contract upon thirty (30) days
written notice to either party.
7. Lessee shall pay promptly any water, garbage, sewage, electrical, gas and other
utility charges incurred by Lessee in connection with Lessee's use of the Premises
and to save harmless Lessors therefrom.
8. Lessors shall not be liable for any damage to persons or property arising from any
cause whatsoever on or about the Premises, and Lessee agrees to indemnify and
save Lessor harmless from and against any expense, liability, damages, costs
and/or attorney's fees to which Lessor may become subject by reason of any
negligence or willful misconduct of Lessee, its officers, agents, and employees, or
any of them, connected with or in any way pertaining to Lessee's operations, in,
on, or about said Property. Lessor shall give Lessee prompt and timely written
notice of any claim made or suite instituted against Lessor of which Lessor has
notice which, in any way, directly or indirectly, continentally or otherwise, any
result in a judgment against Lessor because of such claim or suit, and Lessee shall
have the right to compromise or participate in the defense thereof to the extent of
the interest of Lessee therein.
9. Lessee shall at its expense maintain throughout the term commercial general
liability insurance in amounts of not less than a combined single limit of
$1,000,000 insuring Tenant, and including Landlord and Landlord's agents as
additional insured's, against all liability for injury to or death of a person or
persons or to property arising from the use and occupancy of the Premises.
Owner will be named as additional insured; and Lessee will furnish a certificate
of the insurer evidencing such insurance.
10. Lessee will comply with all pertinent city, state and federal statutes herein
applicable to the occupancy of, and Lessee's use of, the Premises. Lessee shall
not use or suffer to be used the Premises in any way so as to create any nuisance
or to increase the existing rate of fire insurance thereon, or to make or suffer to be
made, any waste thereof.
11. Lessee agrees to keep the Premises in good order and repair during the term of
this lease, normal wear and tear expected.
12. Should Lessee default in the payment of rent or any part thereof, or in any
covenants, agreements, or conditions herein contained to be kept by Lessee, or if
Lessee makes an assignment for the benefit of creditors or if a proceeding is
commenced to declare Lessee bankrupt (collectively "Default"), Lessors shall
provide Lessee with written notice of such Default and 10 days to cure such
default. If the Default is not cured, then Lessors shall have the option to enforce
this Lease in any manner provided by law including, but not limited to: terminate
this Lease and to re-enter the Premises and take possession thereof with or
without process of law and to distrain for any rent, damages or other sums that
may be due hereunder any property thereon belonging to Lessee; and Lessee shall
quit and surrender peaceably the Premises to Lessor.
13.
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14. All notices shall be deemed given in writing, deposited in the United States mail
in a sealed envelope with postage thereon prepaid and registered, addressed to
Lessors or Lessee, as the case may be at the address set forth at the end of this
agreement, or to such other addresses as the Parties may direct by notice given as
herein above provided.
SPECIAL CONDITIONS:
15. MAINTENANCE - Lessee will maintain the Property for parking throughout the
agreement. This will include trash pickup and disposal.
16. OPERATION - Lessor has the right to issue its parking control forms and to tow
vehicles for cause during the hours of its operation throughout lease term and in
compliance with State law and local ordinances.
17. DISCLOSURE - Flake & Kelley Commercial is the agent for the owner in this
lease transaction.
IN WITNESS WHEREOF, the parties hereto have executed this agreement in
multiple copies this .7,6 _ day of= 2013.
Lessor: Gibson Family Limited
Partpfrshlp, LLP
By:
Title:
Date: 1
Lessee: Cosmopolitan, Foundation, Inc.
By:
Title: �rs.�. /� . vwr.
Date: �5/
Lessor: Kimberly Gibson
LIM
Title:
Date:
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14. All notices shall be deemed given in writing, deposited in the United States mail
in a sealed envelope with postage thereon prepaid and registered, addressed to
Lessors or Lessee, as the case may be at the address set forth at the end of this
agreement, or to such other addresses as the Parties may direct by notice given as
herein above provided.
SPECIAL CONDITIONS:
15. MAINTENANCE - Lessee will maintain the Property for parking throughout the
agreement. This will include trash pickup and disposal.
16. OPERATION - Lessor has the right to issue its parking control fortis and to tow
vehicles for cause during the hours of its operation throughout lease term and in
compliance with State law and local ordinances.
17. DISCLOSURE - Flake & Kelley Commercial is the agent for the owner in this
lease transaction.
IN WITNESS WHEREOF, the parties hereto have executed this agreement in
multiple copies this . day of: )2013.
Lessor: Gibson Family Limited
Partnership, LLP
Title:
Date:
Lessor: Kimberly Gibson
By: j h
Title:
Date: l
Lessee: Cosmopolitan Foundation, Inc.
By:2
Title: /byy Zf mn
Date:�1 7
14. All notices shall be deemed given in writing, deposited in the United States mail
in a sealed envelope with postage thereon prepaid and registered, addressed to
Lessors or Lessee, as the case may be at the address set forth at the end of this
agreement, or to such other addresses as the Parties may direct by notice given as
herein above provided.
SPECIAL CONDITIONS:
15. MAINTENANCE - Lessee will maintain the Property for parking throughout the
agreement. This will include trash pickup and disposal.
16. OPERATION - Lessor has the right to issue its parking control forms and to tow
vehicles for cause during the hours of its operation throughout lease term and in
compliance with State law and local ordinances.
17. DISCLOSURE - Flake & Kelley Commercial is the agent for the owner in this
lease transaction_
IN WITNESS WHEREOF, the parties hereto have executed this agreement in
multiple copies this day of 2013.
Lessor: Gibson Family Limited Lessor: Kimberly Gibson
Partnership, LLP
By: By:
Title:
Date:
Title:
Date:
Lessee: Cosmopolitan Foundation, Inc.
By: ��;
Title: vnr�m ^t'. _ CIL"aJ
Date: -fZ1,Y 2 0
Exhibit A
Lessee Parking in Yellow Area ONLY
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