Reso 1996-031 to 035 - Laserfiche WebLink

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(2) The amount of money from Gross Receipts, deposited in said special bank account, maintained in said certificates of deposit or expended pursuant to this subsection. Any portion of the minimum percentage amount to be expended for said renovation and replacement for a Plan Year may be deferred and carried over into the next year if permitted by the approved five-year plan or by the prior written consent of the City. The obligations under this subsection are separate from and in addition to all of the preceding obligations under this subsection. Lessee understands and agrees that, in order to operate a first-class business, maintain the Improvements in a first-class condition, and to provide up-to-date facilities of first-class order, periodic major renovation and refurbishing of the Improvements is necessary. During the 25th year of the term of this Lease (or such other time approved in writing by the City) Lessee shall submit to the City for City approval a detailed plan for Lessee's major renovation and refurbishing of the Improvements, which provides for the commencement of work before expiration of the 25th year of the term of this Lease, or such other date or dates as may be authorized in writing by the City. Within ninety (90) days after receipt of said detailed plan of major renovation and refurbishing the City shall approve, disapprove or request amendments to said plan, and Lessee within thirty (30) days thereafter, as appropriate, shall submit to the City a new or amended plan. The City shall approve or disapprove the new or amended plan within sixty (60) days after Lessee's submittal. The City's approval shall not be unreasonably withheld or delayed. After approval of the plan and necessary building permits by the City, Lessee shall promptly secure all necessary permits and approvals for the work and commence construction, and thereafter diligently complete the same as provided in said City approved plan. 13. LESSEE'S CONDUCT OF BUSINESS - OTHER OPERATIONS OF LESSEE A. Lessee covenants and agrees that, continuously and uninterruptedly from and after its initial opening for business, it will operate and conduct within the premises the business which it is permitted to operate and conduct under the provisions hereof, except while the premises are unusable Lease by reason of fire or other casualty, and that it will at all times keep and maintain within and upon the premises adequate inventory and supplies, personal property, and trade fixtures, and adequate personnel to service and supply the usual and ordinary demands and requirements of its customers and that it will keep its premises in a neat, clean and orderly condition. Without limiting the generality of the foregoing, Lessee agrees to remain open 24 hours a day, 365 days a year. B. Lessee will be subject to a mandatory injunction to compel the specific performance of the provisions of this paragraph. It is agreed, however, that the 17