HomeMy WebLinkAbout09994RESOLUTION NO. 9994
A RESOLUTION APPROVING AMENDMENT 3 TO A RENTAL CAR LEASE AND OPERATING
AGREEMENT BETWEEN THE CITY OF PUEBLO, A MUNICIPAL CORPORATION, AND THE
HERTZ CORPORATION, AND AUTHORIZING THE PRESIDENT OF CITY COUNCIL TO
EXECUTE SAME
WHEREAS, the City of Pueblo entered a Rental Car Lease and Operating Agreement with
The Hertz Corporation 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 3 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 The Hertz
Corporation 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 Amendment 3 to the
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 November 24, 2003
BY Al Gurule/Councilperson
APPROVED: Bill Sova/President of City Council
ATTEST: Gina Dutcher/City Clerk
HOV. 4.2003 1Z:iGPM HERTZ CORPORATIOH 3033423935 H0.169 P.3
PUEBLO MEMORIAL AIRPORT
RENTAL CAR LEASE AND OPERATING AGREEMENT
AMENDMENT NO. 3
THIS AMENDMENT entered into as of this 24th day of November , 2003
between the City of Pueblo, a Municipal Corporation (the "Lessor") and The Hertz Corporation
(the "Lessee"), WITNESSETH:
WHEREAS, a Rental Car Lease and Operating Agreement between the Lessor and
Lessee was entered rote on December 27, 1999 and amended on December 26, 2001 and
December 23, 2002 extending the Agreement for an additional year ("Rental Car Lease and
Operating Agreement"); and
WHEREAS, the term of the Rental Car Lease and Operating Agreement is due to expire
on December 31, 2003 and both Lessor and Lessee wish to extend the lease term for an
additional year;
NOW, TI-IEFEFORE, in consideration of the mutual covenants contained herein, Lessor
and Lessee agree as follows:
The term of the Rental Car Lease and Operating Agreement is hereby extended for a
one-year period beginning January 1, 2004 and ending December 31, 2004 under the
same terms and conditions, including the rental rate,
2. The Rental Car Lease and Operating Agreement as modified and amended by this
Amendment No. 3 shall remain in full force and effect.
Signed in Pueblo, Colorado, the day and year first written above.
ATTEST:
APPROVED AS TO FORM:
Cit~ itt~----~
LESSOR:
Bill Soya, President of City Coundl
Tho Hertz Corporation
/Richard ~. McEvily
/~aff Vice~Pre~id~nt