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Louisiana Commercial Water Bottom Lease Form


Louisiana Commercial Water Bottom Lease Form
Louisiana Commercial Water Bottom Lease Form
C:\USERS\BHARPER\DESKTOP\FORMS\COMMERCIALWBLEASE.DOC
STATE OF LOUISIANA
COMMERCIAL WATER BOTTOM LEASE
This contract of lease entered into by and between:
STATE OF LOUISIANA
PARISH OF EAST BATON ROUGE LEASE CONTRACT NO.
Name of Business/Person: State of Louisiana, State Land Office
Address: P. O. Box 44124
Baton Rouge, LA 70804
Name of Agent: Marty L. Beasley
Title of Agent: Administrator, State Land Office
hereinafter referred to as “LESSOR”, and
Name of Business/Person:
Address:
Agent: (if applicable)
hereinafter referred to as “LESSEE”.
This lease will become binding on LESSOR only after execution by LESSOR and delivery to LESSEE. Deposit of LESSEE'S first
rental payment into any account of LESSOR does not constitute acceptance of this lease by LESSOR.
AUTHORITY
By virtue of the provisions of L.R.S. 41:1701, et. seq. and upon the terms, conditions and considerations hereinafter set forth,
LESSOR does hereby lease and let unto LESSEE, without any warranty of title whatsoever, the following described property owned by the
State of Louisiana, and situated in the Parish of to wit:
PROPERTY
hereinafter referred to as “the property”.
TERM
The lease is granted for a term of FIVE (5) YEARS, commencing on , and ending on , with an option
in favor of the LESSEE to renew for NINE (9) successive terms as provided for in the rules and regulations promulgated pursuant to La.
R.S. 41:1701, et. seq. In no case shall said lease extend beyond a FIFTY (50) YEAR maximum period.
PURPOSE
It is understood and agreed that this lease is made and executed by LESSOR to LESSEE for the sole purpose of
(hereinafter called SAID PROJECT) on “the property”. The SAID
PROJECT authorized by this lease shall be maintained in the location shown on the attached map in accordance with the plans and
specifications attached hereto and made a part hereof.
Louisiana Commercial Water Bottom Lease Form
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