Specifications include, but are not limited to: 1. The City leases to NAME/Business does hereby rent and take as tenant, subject to the terms and conditions contained herein, the 60' by 20' wood frame building (hereafter referred to as the “leased premises” or “premises”) located on the real property commonly known as the Portland Street Pier, which property is situated adjacent to Portland Harbor in the City of South Portland, Maine and is more particularly described in the Cumberland County Registry of Deeds in Book 610, Page 484; Book 3553, Page 340; Book 289, Page 46; Book 382, Page544; Book 398, Page 29; and Book 382, Page 560;together with the right to use in common with others such other portions of the Portland Street Pier as are reasonably required by Simpsonto provide access to the building from the mainland for the uses herein prescribed.NAME shall have the right to use in common with others the remaining portions of the Portland Street Pier property as more particularly described above (hereinafter “Common Area”); provided, that NAMEshall have the exclusive use of parking spaces for two (2) company vehicles in the fenced in parking area adjacent to the building at the Portland Street Pier. NAMRE use of the leased premises shall not interfere with public access to and use of the remainder of the Portland Street Pier property, including,but not limited to,public use of picnic tables and public access to pier floats and slips.The City shall provide a seasonal water supply. 2.NAMEmay use the leased premises for storage of equipment and supplies for its mooring service business, as well as an office for use by NAME.3.The term of this Lease Agreement shall commence on June1, 2021with a term of one year, which may be extended annually upon agreement of both parties, up to three years(May 31, 2024). The lease agreementmay be terminatedat any timeupon 90 days written notice by either party.
