4.13. SR 03-07-2016 - Laserfiche WebLink

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County to declare this Lease forfeited and the terms ended and to re-enter the premises. 12. NOTICES: All communications, demands, notices or objections permitted or required to be given or served under this Lease shall be in writing and shall be deemed to have been duly given or served if delivered in person to the other party or its duly authorized agent if deposited in the United States mail, postage prepaid, for mailing by certified or registered mail, return receipt required, and addressed to the other party in this Lease, to the address set forth herein: Sherburne County C/O County Administrator, 13880 Business Center Drive NW, Elk River, Minnesota 55330 and Sherburne County Agricultural Society, Attn: Fair P.O. Box 2, Elk River, MN 55330. Any party may change its address by giving notice in writing, stating its new address, to any other party as, provided in this foregoing manner. Commencing on the tenth (10th) day after giving the notice, the newly designated address shall be the party's address for the purpose of communications, demands, notices, or objections permitted or required to be given or served under this Lease. 13. TERMINATION: (a) In the event that the Sherburne County Agricultural Society is unable to operate a fair in any year of the ten year lease, the lease shall automatically terminate commencing September I of the year in which the fair was not held. If the inability to hold the Fair is due to an act of God, the inability shall be excused for two years due to the act of God. (b) If the Sherburne County Agricultural Society fails to provide the required evidence of insurance prior to the dates of the fair or any event in the amounts set forth in Exhibit C, the lease shall be terminated forthwith. If the Sherburne County Agricultural Society fails to provide evidence of insurance for its personal property, the County may give 30 days written notice for the termination of the lease. (c) If after five years from the commencement of the lease, the County is provided with a valid purchase agreement for sale of the Property for economic development (which is determined in the County's sole discretion); the County shall provide 120 days written notice of the end of the lease. (d) If the Sherburne County Agricultural Society fails to deliver an audit of its financial records to the Sherburne County Administrator within 120 days of the execution of the lease agreement and by April 30 of every third year thereafter, the lease agreement shall terminate. The cost for such an audit shall be borne by the Sherburne County Agricultural Society. (e) If the Sherburne County Agricultural Society fails to file with law enforcement a plan to respond to emergencies which shall include storm shelters and an evacuation plan within 120 days of the execution of the lease, the lease shall terminate. As of January 4, 2015, this term is satisfied. (f) If special assessments are placed against the Property in a sum that makes the retention of the Property fiscally imprudent as determined by the County Board, then the lease shall terminate within 120 days of the determination. (g) If the lease agreement is not extended by formal agreement, it shall expire on the last day of the Agreement. El