Free land lease agreement 36Free land lease agreement 36Free land lease agreement 36
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SAMPLE WATER TOWER / LAND LEASE
AGREEMENT
THIS TOWER/LAND LEASE AGREEMENT (“this Lease”) is entered into this
day of
,
between the
, (CITY) a municipal corporation and
(COMPANY).
In consideration of the terms and covenants of this Agreement, and for other good and valuable
consideration, the parties agree as follows:
1. Leased Property. Subject to the terms and conditions of this Lease,
(CITY) leases to
(COMPANY) and COMPANY leases from CITY a certain portion of real property owned by
CITY, which property is located in
County,
, and legally described in Exhibit “B” as Parcel A
and attached hereto (the “Property”) which Property is subject to all existing easements, covenants,
conditions, and restriction of record, if any. Legal descriptions of the Property and access easement as
provided by the surveyor are included in Exhibit “B.” CITY also leases to COMPANY and COMPANY leases
from CITY certain space on CITY's water tower (the "Tower”) located on the Property, which location and
orien