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vuilcene Vater ;:.tension iiroject," as described in Ordinance iio.
'347, shall (!evolve upon the Lessee, and the Lessee shall, at its
own cost and ex_oense, maintain and keep said water -works and system
known as the 1113ig Quilcene ,later Extension Project,t' in good and
reasonaule state of repair at all times, reasonaule wear and tear,
deterioration and obsolescence excepted.
The maintenance and repair of that )art of the water-
works and system known as the "Olympic uravity ';rater System," with
head -works on Snow Creek, shall devolve upon the City as lessor,
and the City shall, at its xmi coat and e;;oense, maintain and keep
that part of the leased property in such a state of repair as shall
be necessary and proper, so long as the same continues to be used
in connection with said system; but the City, at its option, may
discontinue the use of that hart of the system in connection with
that part of the system leased to the Lessee.
5. The rent to be paid by the Lessee under this lease
shall be as follows, namely;
The total rental for said thirty-year term of this
lease shall oe Four Hundred Sixty Thousand (�460,000.00) Dollars.
The rental for each year of the first twenty-six years of said
term shall be Ten Thousand (?10,000.00) Dollars, which rental
shall be paid in semi-annual installments of Five Thousand ($5,000.00)
Dollars, the first installment to be paid at the time of the commence-
ment of this lease, as provided in _Jaragraph 2 hereof, and the
succeeding installments to be paid semi-annually thereafter during
the said first twenty-six years.
Tne rental for each year of the last four years of said
term shall be Fifty -Thousand (.1j50,000.00) Dollars, which rental for
said four years, amounting to Two Hundred Thousand (,5200,000.00)
Dollars, shall be paid in advance by the Lessee to the City within
thirty (30) days after the execution of this lease by the Lessee.
b.