TERM. This term of lease is for FOUR (4) DAYS, February 21-22 and February 25-26, 2014. RENTAL RATE. The DAILY RENTAL RATE for the leased premises shall be TEN THOUSAND PESOS (PHP 10,000.00) Philippine Currency.
TERM. This term of lease is for FOUR (4) DAYS, February 21-22 and February 25-26, 2014. RENTAL RATE. The DAILY RENTAL RATE for the leased premises shall be TEN THOUSAND PESOS (PHP 10,000.00) Philippine Currency.
TERM. This term of lease is for FOUR (4) DAYS, February 21-22 and February 25-26, 2014. RENTAL RATE. The DAILY RENTAL RATE for the leased premises shall be TEN THOUSAND PESOS (PHP 10,000.00) Philippine Currency.
This contract of lease made and entered into this __ day of February, 2014 in the City of Dagupan, Philippines by and between:
The CITY GOVERNMENT OF DAGUPAN, herein represented by City Mayor, Hon. Belen T. Fernandez, hereinafter referred to as the LESSOR;
and
The DEPARTMENT OF EDUCATION REGION 1, herein represented by DR. ROWENA C. BANZON, Schools Division Superintendent, also of legal age, Filipino, and with office address at ___________________________________, Philippines, hereinafter referred to as the LESSEE.
WITNESSETH THAT
WHEREAS, the LESSOR is the owner of the leased premises, the CITY POOLSIDE, located at Poblacion Oeste, Dagupan City;
WHEREAS, the LESSOR agrees to lease-out the property to the LESSEE and the LESSEE is willing to lease the same;
NOW THEREFORE, for and in consideration of the foregoing premises, the LESSOR leases unto the LESSEE and the LESSEE hereby accepts from the LESSOR the LEASED premises, subject to the following:
TERMS AND CONDITIONS
1. PURPOSE. That premises hereby leased shall be used exclusively by the LESSEE as VENUE for the Region 1 Athletic Association (R1AA) Swimming Competition and shall not be diverted to other uses. It is hereby expressly agreed that if at any time the premises are used for other purposes, the LESSOR shall have the right to rescind this contract without prejudice to its other rights under the law.
2. TERM. This term of lease is for FOUR (4) DAYS, February 21-22 and February 25-26, 2014.
3. RENTAL RATE. The DAILY RENTAL RATE for the leased premises shall be TEN THOUSAND PESOS (PHP 10,000.00) Philippine Currency. All rental payments shall be payable to the LESSOR or its duly authorized representative.
4. EXPIRATION OF LEASE. At the expiration of the term of this lease or cancellation thereof, as herein provided, the LESSEE will promptly deliver to the LESSOR the leased premises.
8. This CONTRACT OF LEASE shall be valid and binding between the parties, their successors-in-interest and assigns.
IN WITNESS WHEREOF, parties herein affixed their signatures on the date and place above written.
CITY GOVERNMENT OF DAGUPAN DepEd REGION I
Represented by: Represented by:
HON. BELEN T. FERNANDEZ DR. ROWENA C. BANZON City Mayor Schools Division Superintendent
REPUBLIC OF THE PHILIPPINES) CITY OF DAGUPAN ) S.S.
ACKNOWLEDGEMENT
BEFORE ME, a Notary Public, this ___ day of February, 2014, at Dagupan City, Philippines personally appeared the following:
NAME CTC/I.D. No. DATE/PLACE OF ISSUE
BELEN T. FERNANDEZ _____________ _____________________________ DR. ROWENA C. BANZON ______________ _________________________________
All known to me and to me known to be the same persons who executed the foregoing instrument and acknowledged to me that the same is their free and voluntary act and deed as well as that of the government agencies/organizations represented herein.
This instrument refers to a CONTRACT OF LEASE consisting of three (3) pages, including this page whereon acknowledgement is written, and which is signed by the Parties and their instrumental witnesses on each and every page hereof.
WITNESS MY HAND AND NOTARIAL SEAL on the date and at the place first written above.
NOTARY PUBLIC
Doc. No. _____; Page No. _____; Book No. _____; Series of 2014.