1987-09-14 Public Hearing and Regular Meeting

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-e e -2- --~~~...... .........- ~ --_._--_.__.._-~_.- ~ .... -.....I .......... NOW, THEREFORE, BE IT AGREED BETWEEN LESSOR AND LESSEE: That LESSOR leases to LESSEE its parking facilities at La Porte :Vli High School and the La Porte Independent School District Administration 0,.. ".'"J';' .- .. ,-'" cnoo_ Annex, both located on or about 301 East Fairmont Parkway, La Porte, Harris County, Texas, for a term of forty (40) years from the date of' execution hereof, unless otherwise cancelled as provided below. That LESSEE's use of LESSOR's parking facilities shall occur primarily on: c. Wednesday Nights from 8:00 5:00 6:00 a .m. to a. Sunday Mornings from b. Sunday Nights from p.m. to 2:00 11:00 11:00 p.m. ; p.m. to p.m.: p.m..: d. Such other and further reasonable times, as may be necessary for 'LESSEE,' such that LESSEE may conduct special religous services in accordance with LESSEE'S yearly church calendar. Notwithstanding the above, LESSEE's use of LESSOR'S parking facility shall never interfere with LESSOR's use of said facilities during normal school hours. That LESSEE, in consideration of the premises, has paid LESSOR FORTY & NO/100 ($40.00) DOLLARS, contemporaneous with the execution of this Lease, as rental for the full forty (40) year term. That nothing contained in this Lease shall ever be construed to prohibit LESSOR from selling or otherwise encumbering the leased parking facilities, subject only to this lease. That this Lease shall be cancellable by either party, without cause, upon one (1) year prior written notice from the cancelling party to the non-cancelling party, at the addresses listed above. Any changes in address by either party shall be reported to the other party, certified mail, return receipt requested, before becom- ing effective against said party. In the event of cancellation pursuant to this clause, remaining rental shall be rebated from LESSOR to LESSEE, pro-rata.