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HomeMy WebLinkAboutLove Lane Acquisition CorpLEASE This Lease is made this J~ day of June. 1996 between Love Lane Acquisition Corp., Lessor, and Town of $outhold as Lessee. The Lessor hereby leases to Lessee and Lessee hereby hires from Lessor a ninety by ninety foot site on the north side of New Suffolk Avenue. aka Main Street, and the eastern side of First Street. New Suffolk. Suffolk County Tax Map Number 1000-1~17-8-18 for the purposes of installing and maintaining a vollbyball court. This lease shall be for a term of one year, automatically renewable for additional one year periods unless notice of non-renewal is given by. either side no less than 30 days prior to automat~ ~newal, Up0rl terminati0n of this lease. Lessee agrees to return the Sit~ to its former condition. Lessor is exempt from any and all liability for damage or injury to person or proFerty caused, by the volleyball court unless said damage or injury is caused by or is due to the negligence of the Lessor, Lessee agrees to pay an annual rent of $t in consideration of this agreement, payable at the commencement of the term. In witness whereof. Lessor and Lessee have respectively signed and sealed this lease as of the day~ and year first above written. ACQUISll~ION CORP. JUDITH T. TERRY TOWN CLEI~K REGISTtL~R OF VITAL STATISTICS MARRIAGE OFFICER · RECORDS MANAGEMENT OFFICER ~EDOM OF INFORMATION oFFiCER Town I-Ia]t, 53095 Main Road P.O. Box 1179 Southold, New York 11971 Fax ~516) 765-1823 Te]ephorre (516) 765-1800 OFFICE OF THE TOWN CLERK TOWN OF SOUTI-IOLD THIS IS TO CERTIFY THAT THE FOLLOWING RESOLUTION WAS ADOPTED BY THE SOUTFIOLD TOWN BOARD AT A REGULAR MEETING HELD ON JUNE 11. 1996: RE~OLVED that the Town Board of the Town of Southold hereby authorizes and directs Supervisor Jean W. Cochran to execute a Lease Agreement between the Love Lane Acquisition Corp. and the Town of Southold for the lease of a 90 ft. by 90 ft. piece of property on the north side of New Suffolk Avenue and the eastern side of First Street, New Suffolk (SCTM# p/o 1000-117-$-t8} for the purpose of installing and maintaining two volleyball courts. Southoid Town clerk June 12, 1996