HomeMy WebLinkAbout09454RESOLUTION NO. 9454
A RESOLUTION APPROVING AMENDMENT 1 TO A
RENTAL CAR LEASE AND OPERATING AGREEMENT
BETWEEN PUEBLO, A MUNICIPAL CORPORATION, AND
AVIS RENT A CAR SYSTEM, INC., AND AUTHORIZING
THE PRESIDENT OF CITY COUNCIL TO EXECUTE SAME
WHEREAS, the City of Pueblo entered a Rental Car Lease and Operating Agreement
with Avis Rent A Car System, Inc. on December 27, 1999; and
WHEREAS, both parties wish to amend the Lease; now, therefore,
BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that:
SECTION 1.
A certain Amendment 1 to the Rental Car Lease and Operating Agreement, a copy of
which is attached hereto and made a part hereof by reference, after having been approved as to
form by the City Attorney, by and between the City of Pueblo, a Municipal Corporation, and
Avis Rent A Car System, Inc. relating to rental car operations at the Pueblo Memorial Airport is
hereby approved, subject to the conditions as set forth in said Amendment.
SECTION 2.
The President of City Council is hereby authorized to execute said Lease and Operating
Agreement on behalf of Pueblo, a Municipal Corporation, and the City Clerk shall affix the Seal
of the City thereto and attest the same.
INTRODUCED: December 26, 2001
BY: Rich Gglend
PERSON
APPROVED:
OF CITY COUNCIL
ATTESTED BY:
TY CLERK
PUEBLO MEMORIAL AIRPORT
RENTAL CAR LEASE AND OPERATING AGREEMENT
AMENDMENT 1
THIS AMENDMENT entered into as of this 26th day of December 2001
between the City of Pueblo, a Municipal Corporation (the "Lessor ") and Avis Rent A Car System,
Inc. (the "Lessee "), WITNESSETH:
WHEREAS, a Rental Car Lease and Operating Agreement between the Lessor and Lessee
was entered into on December 27, 1999; and
WHEREAS, the Lease is due to terminate December 31, 2001 and both Lessor and Lessee
wish to extend the lease term for an additional year;
NOW, THEREFORE, in consideration ofthe mutual covenants contained herein, Lessor and
Lessee agree as follows:
The Lease and Operating Agreement is hereby extended for a one year period
beginning January 1, 2002 and terminating December 31.2002 under the same terms
and conditions, including the rental rate.
2. The Agreement as modified and amended by the Amendment to the Lease and
Operating Agreement shall remain in full force and effect.
Signed in Pueblo, Colorado, the day and year first written above.
[SEAL]
ATTEST:
LESS
AICIPAL CORPORATION
� ER A �-
APPROVED AS TO FORM:
City Attorney �-
of City Council
LESSEE:
AVIS RENT A CAR SYSTEM, INC.
B ZK "O�
Robert Bouta - Senior Vice President
LD
Background Paper for Proposed
RESOLUTION
AGENDA ITEM # a
DATE: December 17, 2001 i z o a
DEPARTMENT: AVIATION -JOHN O'NEAL
TITLE
A RESOLUTION APPROVING AMENDMENT 1 TO A RENTAL CAR LEASE AND
OPERATING AGREEMENT BETWEEN PUEBLO, A MUNICIPAL CORPORATION,
AND AVIS RENT A CAR SYSTEM, INC., AND AUTHORIZING THE PRESIDENT
OF CITY COUNCIL TO EXECUTE SAME
ISSUE
Should City Council approve an Amendment to the Rental Car Lease and Operating
Agreement between the City of Pueblo and Avis Rent A Car System, Inc. to extend the
current lease agreement for one year?
RECOMMENDATION
Approval of this Resolution.
BACKGROUND
On December 27, 1999, the City entered a Lease and Operating Agreement with Avis
Rent A Car System, Inc. for rental car services at the Pueblo Memorial Airport. This
lease was for a one year period with an option for one additional year that is due to expire
December 31, 2001. After the events of September 11` the rental car business has
suffered at airports. Due to this fact, Avis has requested that their lease be extended for a
one -year period.
FINANCIAL IMPACT
Avis Rent A Car System, Inc. will continue to pay 10% of their gross receipts per month,
plus $149.98 a month for 70 square feet of counter space, and $10 a month for five (5)
parking spaces.