Lease for Records Center

The contract is for the lease of a records center in Independence, Missouri, with a total square footage of 55,000 square feet. The lease term is for 60 months, commencing on January 1, 2021, and expiring on December 31, 2025. The monthly rent is $17,039.08, with annual base rent adjustments for common area maintenance, building maintenance, and janitorial services. The contract also includes provisions for the lessee's financial obligations, including the requirement to appropriate funds for rental payments in its annual budgets. Key aspects of the contract include: • Lease term: 60 months • Monthly rent: $17,039.08 • Annual base rent adjustments: 2% annually • Lessee's financial obligations: appropriation of funds for rental payments in annual budgets • Lessor's responsibilities: maintenance and repairs of the premises • Lessee's responsibilities: payment of rent and utilities, maintenance of the premises